By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares erased intraday losses on Thursday, boosted by financials and Tata Motors, after the central bank stood pat on interest rates as expected. The NSE Nifty 50 index was up 0.07% at 24,314.9, as of 12:41 p.m IST, and the S&P BSE Sensex added 0.08% to 79,525.96. The indexes …
Indian shares erase losses led by financials, Tata Motors Read More »
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy. The Monetary Policy Committee (MPC), which consists of three …
India’s central bank holds rates again despite global market volatility Read More »
MUMBAI (Reuters) – Indian banks continue to see high growth in certain segments of retail loans, the governor of the Reserve Bank of India said on Thursday, urging lenders to carefully monitor the quality of loans to avoid systemic risks. The governor also urged banks to garner more deposits through innovative products and service offerings …
India cenbank chief cautions lenders on high personal loan, weak deposit growth Read More »
MUMBAI (Reuters) – The Reserve Bank of India kept its key interest rate unchanged, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy. The monetary policy committee kept the key lending rate, or repo rate, unchanged at 6.50%. The standing …
Changes to India’s standing deposit facility rate since April 2022 Read More »
MUMBAI (Reuters) – The Reserve Bank of India kept its key interest rate unchanged, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy. The RBI’s monetary policy committee kept the key lending rate, or repo rate, unchanged at 6.50%. The …
By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to hold rates steady on Thursday, but with growing worries about the global economy investors are hoping for a more dovish tone from policymakers that could open the door for an October rate cut. All 59 economists in the Reuters poll conducted in …
India cenbank to stand pat on rates again, markets hope for clues on cuts Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold prices pared gains on Wednesday as the U.S. dollar and Treasury yields edged higher, although mounting bets of U.S. interest rate cuts in September and rising geopolitical tensions in the Middle East underpinned bullion. Spot gold was flat at $2,388.16 per ounce, as of 2:12 p.m. ET (1812 …
Gold pares gains as higher US dollar, bond yields weigh Read More »
BENGALURU (Reuters) – India’s National Stock Exchange (NSE) said on Wednesday that its volume of futures contracts doubled in the first quarter, while options grew 33%, amid a surge in derivatives trading in the country. Average daily traded volumes for equity futures doubled to 2.09 trillion rupees ($24.90 billion) for the quarter ended June 30, …
India’s National Stock Exchange’s derivatives volume jumps in Q1 Read More »
By Jayshree P Upadhyay MUMBAI (Reuters) – Indian markets regulator’s latest proposals seek to limit the use of opaque offshore structures to trade in derivatives and contain possible volatility, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) on Tuesday proposed that offshore derivative instruments (ODIs) issued …
By Bhakti Tambe, Jayshree P Upadhyay and Dhwani Pandya MUMBAI (Reuters) – Adani Enterprises Ltd is likely to launch a $1 billion share sale by mid-September, three sources with direct knowledge of the matter told Reuters, in the latest attempt by Indian billionaire Gautam Adani to restore his empire’s fortunes. The share sale will be …
Adani Enterprises to return to equity market with $1 billion share sale, sources say Read More »
