India’s central bank loosens credit to support economy, keeps rates on hold
By Suvashree Dey Choudhury and Rafael Nam MUMBAI (Reuters) - India's central bank kept its key policy rate on hold on Tuesday, but eased rules to spur bank lending in...
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Five challenges for Modi’s new Indian government
NEW DELHI (Reuters) - A landslide election victory for Narendra Modi's Bharatiya Janata Party (BJP) has created euphoria in India's financial markets, driving shares to life-time highs and the rupee...
Indian shares hit record high as opposition wins state polls
MUMBAI (Reuters) - Indian shares rose to a record high on Monday after the main opposition party, widely seen by investors as being more business friendly, swept recent state elections,...
ICE gains Asia hub with Singapore bourse deal
NEW YORK/MUMBAI (Reuters) - IntercontinentalExchange Group said on Tuesday it would buy the Singapore Mercantile Exchange (SMX) in a $150 million deal that gives it a foothold in trading and...
Rupee over 60: Why Indian currency weakness may be here to stay
MUMBAI (Reuters) - Welcome to the swinging 60s. As India's rupee hits record lows, some investors see it headed towards the mid-60s against the dollar, a reflection of weak economic...
Indian rupee, markets draw cold comfort from relaxed FDI rules
MUMBAI (Reuters) - India's relaxation of foreign investment rules, aimed at drawing funds needed to turn around slowing economic growth and support a crumbling rupee, barely lifted markets on Wednesday...
India makes risky bet with rupee defense
MUMBAI (Reuters) - India's boldest attempt yet to prevent a rout in the rupee delivered only a modest lift in the currency but shares slumped and bond yields jumped as...
Asian currencies slide on high anxiety ahead of Fed meeting
MUMBAI (Reuters) - The Indian rupee approached a record low while other Asian currencies also fell, reflecting the high stakes for regional policymakers should the Federal Reserve end a period...
Analysis: Time to buy India? Some investors say yes
MUMBAI (Reuters) - India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning...
Analysis: Time to buy India? Some investors say yes
MUMBAI (Reuters) - India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning...