News for 'European Central Bank'

Pak fails to fulfil 6 mandates of FATF; to remain in 'Grey list'

Pak fails to fulfil 6 mandates of FATF; to remain in 'Grey list'

Rediff.com18 Oct 2020

The mandates which Pakistan has failed include action against all United Nations-designated terrorists like Jaish-e-Mohammed chief Azhar, Lashker-e-Tayiba founder Hafiz Saeed and the outfit's operational commander Zakiur Rehman Lakhvi.

Markets end flat on poor macroeconomic data

Markets end flat on poor macroeconomic data

Rediff.com1 Jun 2017

Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most

Falling rupee a dampener for several firms

Falling rupee a dampener for several firms

Rediff.com9 Jun 2013

While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.

Global factors spell trouble for the stock market

Global factors spell trouble for the stock market

Rediff.com11 Aug 2014

The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy

Sensex, Nifty end flat but at new closing highs

Sensex, Nifty end flat but at new closing highs

Rediff.com11 Jul 2017

S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%

Will Samvat 2074 be good, bad or ugly?

Will Samvat 2074 be good, bad or ugly?

Rediff.com31 Oct 2017

If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.

Oil prices tumble after Greece vote, China stock market turmoil

Oil prices tumble after Greece vote, China stock market turmoil

Rediff.com6 Jul 2015

The falls meant that both crude futures were at their lowest levels since mid-April

Markets clock highest gain since Oct on US Fed stance

Markets clock highest gain since Oct on US Fed stance

Rediff.com19 Nov 2015

Indian equity markets registered their highest single-day percentage gains since early October.

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Rediff.com18 Nov 2014

Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.

Rupee hits 1-month high of 67.05, up 13 paise

Rupee hits 1-month high of 67.05, up 13 paise

Rediff.com13 Jul 2016

There was fresh selling of the American currency by banks and exporters

Tata group companies outshine the market under N Chandrasekaran

Tata group companies outshine the market under N Chandrasekaran

Rediff.com20 Jan 2022

The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.

Sensex ends below 28,000 as rate cut hopes dim

Sensex ends below 28,000 as rate cut hopes dim

Rediff.com22 Aug 2016

Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon

Indian markets remained steady in the face of global worries

Indian markets remained steady in the face of global worries

Rediff.com31 Dec 2014

Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.

RBI bumper rate cut lifts Sensex by 162 points; Nifty ends above 7,800

RBI bumper rate cut lifts Sensex by 162 points; Nifty ends above 7,800

Rediff.com29 Sep 2015

Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.

'China is ahead of India because our political leadership was behind'

'China is ahead of India because our political leadership was behind'

Rediff.com12 Oct 2022

'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'

The Greece Crisis and its lessons for India

The Greece Crisis and its lessons for India

Rediff.com3 Jul 2015

'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.

Markets end in red ahead of the FOMC meet; metal & oil shares drag

Markets end in red ahead of the FOMC meet; metal & oil shares drag

Rediff.com27 Oct 2015

Pharma major Lupin and mortgage lender HDFC were the top losers.

Why markets jumped 70% in 8 months

Why markets jumped 70% in 8 months

Rediff.com24 Nov 2020

And why markets could give up 25 per cent of all these gains made since March 2020

Vijay Mallya files appeal against extradition in UK Supreme Court

Vijay Mallya files appeal against extradition in UK Supreme Court

Rediff.com4 May 2020

The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met.

6 companies join Rs 2 lakh crore M-cap club

6 companies join Rs 2 lakh crore M-cap club

Rediff.com23 Jan 2015

HDFC and HUL are the latest entrants in the club

Markets make handsome gains on RBI's stance, global cues

Markets make handsome gains on RBI's stance, global cues

Rediff.com7 Jun 2016

ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.

How the sinking world economy will hit India

How the sinking world economy will hit India

Rediff.com28 Jan 2016

Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.

In an interconnected world, India cannot escape Greece crisis's fallout

In an interconnected world, India cannot escape Greece crisis's fallout

Rediff.com7 Jul 2015

If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.

WEF Davos to host 40 govt heads; India to have strong presence

WEF Davos to host 40 govt heads; India to have strong presence

Rediff.com15 Jan 2014

Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.

Where is the global economy headed to?

Where is the global economy headed to?

Rediff.com7 Feb 2015

India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.

Why Mehul Choksi is not returning anytime soon

Why Mehul Choksi is not returning anytime soon

Rediff.com24 Jun 2021

It was perhaps over-enthusiasm that prompted the Indian investigative agencies to take a private jet to Dominica to bring back fugitive diamantaire Mehul Choksi. Predictably, the eight-member team had to return empty-handed after almost a week-long wait. The agencies were banking too much on the "state-less" status of Mr Choksi, as Antigua, which had given him citizenship in 2017, wasn't willing to take him back. Thus, the calculation was that Mr Choksi would be whisked away from the Dominican courtroom to the waiting plane. The reason for the optimism was also because Antigua is friendly territory for India.

Rupee ends 3 paise higher at 67.17 vs US dollar

Rupee ends 3 paise higher at 67.17 vs US dollar

Rediff.com21 Jul 2016

The rupee largely shrugged off the high volatility in stocks and rebounded sharply towards the fag-end trade following bout of dollar selling by exporters

Sensex drops 244 points on weak eco data, Fed caution

Sensex drops 244 points on weak eco data, Fed caution

Rediff.com15 Sep 2014

HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.

Will SC order help Vijay Mallya in extradition case?

Will SC order help Vijay Mallya in extradition case?

Rediff.com27 Jan 2020

A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.

Chinese sell-off spooks markets; Sensex slumps 555 points

Chinese sell-off spooks markets; Sensex slumps 555 points

Rediff.com7 Jan 2016

World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.

How Modi can rescue the economy

How Modi can rescue the economy

Rediff.com26 Jun 2019

''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.

How India can achieve economic redemption

How India can achieve economic redemption

Rediff.com8 Sep 2014

The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.

Modi Breaks Fresh Ground In Foreign Policy

Modi Breaks Fresh Ground In Foreign Policy

Rediff.com23 Mar 2022

'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.

'How can I as a citizen of this country remain silent?'

'How can I as a citizen of this country remain silent?'

Rediff.com7 Feb 2022

'Why should my vaccine certificate, which I got paying my own money, have the picture of the prime minister?'

IMF chief Lagarde under investigation in French fraud case

IMF chief Lagarde under investigation in French fraud case

Rediff.com28 Aug 2014

IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.

Bear market can be prolonged but investors needn't worry

Bear market can be prolonged but investors needn't worry

Rediff.com7 Sep 2015

The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.

Indian tycoon seals hotel deal at London's Old Scotland Yard

Indian tycoon seals hotel deal at London's Old Scotland Yard

Rediff.com27 Jul 2015

The Kerala-born businessman is the latest in a slew of foreign buyers who have shaken off mounting fears of a 'Brexit' from the European Union

Brexit: What India's business leaders have to say

Brexit: What India's business leaders have to say

Rediff.com24 Jun 2016

What will be the impact on the Euro itself? Will it devalue and to what extent?

Bulls charge up D-street as prospects of Fed rate hike wane

Bulls charge up D-street as prospects of Fed rate hike wane

Rediff.com27 Aug 2015

Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Rediff.com5 Oct 2021

There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.