Rupee rises 6 paise to 68.92 against dollar in early trade amid positive opening in domestic equity market
The rupee is expected to trade in a narrow range ahead of the much crucial European Central Bank policy statement to be released later on Thursday.
World War II-era bomb defused near Frankfurt's European Central Bank headquarters; 16,500 people evacuated before operation
A 500-kilo World War II bomb was defused near the Frankfurt headquarters of the European Central Bank hours after thousands of people were evacuated.
Investors were hoping for better news from China and were not disappointed with first-quarter economic growth pipping forecast at 6.4 percent.
China, the world’s biggest gold consumer, raised its gold reserves by 0.6 percent to 60.62 million ounces by end-March, central bank data showed.
Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Spot gold was up 0.2 percent to $1,288.46 per ounce, after slipping to $1,282.50 in the previous session, its lowest since 25 January.
Trade fears in Britain are focused on what deal it can strike with the European Union before leaving the bloc at the end of March.
At least five central banks, across the emerging and the developed markets, have announced their monetary policies over the last two weeks, amid uneven global economic recovery trends.
Moody's cuts India's 2018 growth forecast to 7.3% from 7.5% citing higher oil prices and tighter financial conditions
Moody's Investors Service on Wednesday cut India's 2018 growth forecast to 7.3 percent from the previous estimate of 7.5 percent
Raghuram Rajan says won't apply for Bank of England governor job, 'am an academic not a professional central banker'
Raghuram Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada’s central bank - steps down at the end of June 2019.
Linking virtual currencies to dark world not right; potential of bitcoins is what financial markets should look at
Bankers have not been too happy to accept the revolution triggered by digital currencies
Rome: Italy's premier says holders of accounts in two troubled Italian banks will have their savings guaranteed despite insolvency proceedings.
Former Greek prime minister Lucas Papademos was injured when a booby-trapped package exploded in his car in central Athens on Thursday.
The Sebi chief noted that balance sheets of major banks like that of the US Fed, the European Central Bank, Bank of England and Bank of Japan, which have been following near-zero or even negative interest policies, have become too large
With three years of massive money printing failing to push up inflation, the BOJ is expected to move away from shock therapy and towards a protracted battle against deflation
IMF spokesperson Gerry Rice said the Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while dealing with the situation.
While betting odds have consistently indicated a vote to remain in the EU, opinion polls have so far painted contradictory pictures of how Britons will vote
Greek Prime Minister Alexis Tsipras has proposed calling an early election in the crisis-hit country on 20 September, the <em>ANA</em> news agency said on Thursday.
In a parting blog post celebrating the Greek 'Oxi' ('No') vote, Varoufakis said Greeks had taught Europe a lesson in democracy and should now demand better financial rescue terms.
The question that Alexis Tspiras’ government will have to ask itself is after exiting the euro whether it can actually go slow on austerity and keep spending more drachmas, where there are no corresponding goods being produced.
From the very beginning the conditions which were at the heart of the euro were never really taken seriously.