Investor wealth plunges Rs 1.99 lakh cr as markets plunge on weak global cues, rising coronavirus cases
Global markets tanked following the World Health Organisation's (WHO) comments that the novel coronavirus "may never go away".
World stocks rise as China trade data better than expected; some countries try to restart economy on easing pandemic fears
Market sentiment was boosted by data showing China’s exports fell only 6.6 percent in March from a year ago, less than the expected 14 percent plunge.
India’s gold imports plunged more than 73 percent year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the outbreak squeezed retail demand
Asia markets mostly up after Senate passes huge stimulus; investors breathe a sigh of relief at unprecedent $2 tn plan
Asian markets mostly rose though major indexes struggled after posting hefty gains this week.
Federal Reserve's stimulus eases global market fears, gets cash flowing; Dow soars, dollar edges low
The US dollar edged lower against a broad range of currencies, while Treasury yields rose, a sign that investor concerns had eased, at least for the moment
Coronavirus outbreak: Damage to India’s economy has been contained by quick policy decisions; imperative that RBI cuts rates only if needed
The RBI should cut rates only if it needs to and when it wants to--not because other central banks are doing so.
Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched
The plunge, as the coronavirus pandemic spreads, gathered pace after U.S. President Donald Trump spooked investors with a move to restrict travel from Europe, and after the European Central Bank disappointed markets by holding back on rate cuts
The Fed’s move was the first unscheduled rate cut since October 2008, when the central bank reacted to a contraction in the economy that had begun the previous year
The dollar slipped against a basket of rivals, making gold cheaper for holders of other currencies
Sensex jumps over 250 points ahead of RBI policy outcome on gains in banking, financial stocks; Nifty spurts 70 points
Sensex was trading 258.60 points or 0.68 percent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 percent, to 11,384.00.
Oil trims gains as US flags release of crude reserves, but Middle East risks keep stocks on back foot
The drone attack over the weekend has cut the kingdom’s oil production in half, creating the biggest disruption to global oil supplies in absolute terms
Donald Trump said on Twitter the Fed chief “let us down” by not telegraphing that an aggressive easing was coming
In global trade, the US dollar fell to a three-week low after Federal Reserve chairman reinforced the US central bank's recent shift toward a more "patient" approach on policy in the face of slowing economy.
Rupee softens against dollar in opening trade on rising crude prices, demand for US currency from importers
The rupee opened weak at 69.83 at the interbank forex market against its previous close of 69.68 per dollar
if we look at the measures announced by the government to stabilize the rupee and analyze the impact, then it appears that we may be barking up the wrong tree.
Sensex smashes records, rises by over 150 points to 37,496, Nifty hits fresh high of 11,300 ahead of RBI policy meet today
Sensex spurted 159.95 points, or 0.42 percent, to an all-time high of 37,496.80.The gauge had gained 840.48 points in the previous five record-setting sessions and closed at an all-time high of 37,336.85 points in Friday's session.
Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.
HDFC's Parekh also noted that with the present government, large scale corruption has been weeded out