The Indian rupee is at all time lows, struggling on the back of global negative sentiment and continued pressure on the current account with capital flows just not matching up to import and portfolio outflows. Although, we believe that the RBI has...

PARIS - German Finance Minister Wolfgang Schaeuble said on Friday that market turmoil surrounding the euro zone crisis could last another 12 to 24 months and he urged Greeks to decide whether they wished to stay in the single curr...

By Paul Carrel

FRANKFURT - A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its part...

MUMBAI - The rupee fell to a record low against the U.S. dollar on Wednesday, breaching 54.30, weighed down by a sluggish domestic economy and risk-averse global sentiment.

COMMENTARY:

MUMBAI  - The Reserve Bank of India's recent fight to defend the rupee has had muted success, with the currency hitting a record closing low on Monday despite several administrative measures as well as selling of dollars in t...

By Nishant Kumar

HONG KONG - Southeast Asian nations are swallowing an outflow of money from India, as foreign investors lose patience with its policy paralysis and slowing growth and aim instead for more promising emerging markets ...

   India's wholesale price index (WPI) rose a faster-than-expected 7.23 percent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on Monday.

An...

NEW DELHI  - India's industrial output unexpectedly contracted 3.5 percent in March from a year earlier, government data showed on Friday.

Analysts had expected output to grow 1.5 percent. The March figure comp...

MUMBAI  - The Reserve Bank of India (RBI) made a dramatic move to prop up its battered currency on Thursday, requiring exporters to sell half the foreign currency in their accounts, which helped to strengthen the rupee in mor...

The RBI surprised the markets with a larger than expected 50 bps cut in its benchmark Repo rate in its annual monetary policy announced on the 17th of April. This was the first rate cut in 3 years and signaled the end of a long and aggressive rate...

Gold continued with its range bound consolidation during the last month. Dollar continues to be the dominant factor influencing gold prices with both moving inversely to each other maintaining its long run historical relationship. Economic indicat...

In the month of April 2012, BSE Sensex fell marginally by 0.49% on total return basis as compared to its level in previous month. Some of the broader indices such as BSE 200 and BSE 500 fell higher in comparison to the Sensex. FMCG and Auto were a...

 - India will delay by one year until fiscal 2013/14 the introduction of measures to crack down on tax evasion, Finance Minister Pranab Mukherjee said on Monday, responding to concern among foreign investors that has led to an exodus of funds...

By Harichandan Arakali and Sumeet Chatterjee

BANGALORE/MUMBAI - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the to...

By Lewa Pardomuan

SINGAPORE - India's decision to allow unlimited sugar exports into an already oversupplied market is likely to keep prices at hovering at one-year lows, but it could prove a sweet deal for buyers l...

By Manoj Kumar

NEW DELHI - S&P credit analyst Takahira Ogawa listened politely as officials at India's finance ministry made an hour-long pitch for a ratings upgrade, citing economic growth prospects, revenues a...

MUMBAI - India is likely to receive average monsoon rains this year, Earth Sciences Minister Vilasrao Deshmukh said on Thursday, forecasting a third straight year without drought.

Rains during the June-September sea...

MUMBAI - Ratings agency Standard & Poor's on Wednesday cut India's outlook to negative from stable, citing its large fiscal deficit and expectations of only modest progress on reforms given political constraints, battering sto...