Mumbai (IANS) Rising trade protectionist measures along with the threat of a currency shock and dovish global monetary policy might compel India's central bank to augment its gold reserves.
Additionally, the need to have…
Mumbai (IANS) Sensex and Nifty traded in the red during the morning trade session after they opened slightly higher on Friday.
Investor sentiments have taken a beating following the surprise escalation of trade tension between US and China.
…Kolkata (IANS) State-run Allahabad Bank on Friday said it has posted a net loss of Rs 3,834.07 crore in the fourth quarter of the financial year 2018-19 (FY 19), widening from a net loss of Rs 3,509.63 crore in the year-ago period.
The lender's…
New Delhi, May 8 (IANS) The Finance Ministry is closely watching the economic costs of oil imports from other alternative markets like Iraq and Saudi Arabia, following the United States' withdrawal earlier this month of the…
New York (IANS) The US dollar dipped slightly against its major rivals in late trading on Monday amid traders' growing appetite for the Japanese Yen.
The dollar index, which measures the greenback against six major peers, was…
New Delhi (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking to raise the retail price of the two transport fuels between Rs 3-5 per litre in phases and make…
New Delhi (IANS) Ratan Tata, the Chairman Emeritus of Tata Sons, has invested in Ola as part of its Series A round of funding, the domestic ride-sharing company announced on Monday.
Tata is also an early investor in ANI Technologies…
Mumbai (IANS) Indian markets in line with the Asian markets fell steeply over signs of escalating US-China trade tension on Monday.
On Sunday night, US President Donald Trump threatened to impose fresh trade tariffs worth $200 billion…
New Delhi (IANS) Cash-rich central public sector enterprises (CPSEs) will come to the rescue of government strategic sale programme with tepid interest coming from the private sector to take over controlling interest in some of these sick…
San Francisco (IANS) Facebook is working hard to launch its own bitcoin for cryptocurrency-based payments on its platform that has 2.38 billion users.
According to a report in The Wall Street Journal on Friday, the social media giant…