A top official said the government has options to stem a fall in the rupee but did not offer any specifics, turning the focus on the RBI to stem a rout that sent the rupee to record lows and bond yields ...

New Delhi, June 20 (IANS) Aiming to facilitate implementation of the centrally-sponsored welfare schemes, the union cabinet Thursday merged many of them to bring down the count from 170 to 66 while allowing ...

Short positions in the Indonesian rupiah and the Malaysian ringgit rose to the highest levels in more than four years as investor sentiment toward emerging Asian currencies soured, a Reuters poll showed. ...

Oil fell on Thursday to a one-week low near $104 a barrel, pressured by a survey pointing to a slowing Chinese economy and the U.S. Federal Reserve's plan to roll back its stimulus programme. Commodities ...

Reuters Market Eye - The BSE Sensex falls 2.5 percent, while the broader Nifty is 2.6 percent lower, heading towards their biggest single-day percentage fall since February 27, 2012. Bonds, shares and ...

Mumbai/New Delhi, June 20 (IANS) The Indian rupee slumped to another record low of 59.93 against the dollar Thursday, after the US Federal Reserve signalled an end to its monetary stimulus that would help ...

Gold fell for a fourth straight session on Thursday to its lowest level since a 15 percent plunge in mid-April, after the U.S. Federal Reserve signalled it would slow the pace of bond purchases later this ...

Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve Chairman Ben Bernanke's confirmation that the U.S. central bank could trim ...

Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second-largest economy ...

Mumbai, June 20 (IANS) The Indian rupee slumped to another record low of 59.93 against a dollar Thursday, after the US Federal Reserve signalled an end to its monetary stimulus that would help in further ...

NTPC , India's largest power producer, scrapped its bond sale scheduled for Thursday after a sell-off in government bonds caused worries about the pricing of its debt, four sources with direct knowledge ...

India has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by ...

The government is not short of options to tackle the fall of the rupee and will take actions as necessary, the top adviser in the finance ministry told reporters on Thursday, after the rupee fell to a ...