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India's top bank SBI says bad loan pressure easing

MUMBAI/KOLKATA - State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent.

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India sets April-June oil subsidy rules, no discounts if oil below $60

NEW DELHI - India's oil ministry has set interim rules that exempt state-run upstream companies from giving any discount on crude and refined fuel sales if global oil prices average up to $60 a barrel this quarter, two sources with direct knowledge of the matter said.

Top News, 9:12am IST

Infosys founder to head India panel on startup funding platform

MUMBAI - The Securities and Exchange Board of India (SEBI) has named Infosys founder N.R. Narayana Murthy to head a panel that will devise rules for a new funding platform for homegrown start-ups, the regulator said on its website.

Tech 3:33pm IST

EU regulator confirms recommendation to suspend drugs over flawed studies

- The European Medicines Agency confirmed on Friday its recommendation to suspend a number of medicines that were granted EU approval based on clinical studies conducted at Indian firm GVK Biosciences' facility in Hyderabad, India.

5:49pm IST

Japan stock market cap hits record, exceeds 1989 peak

TOKYO - The market capitalisation of shares listed on the Tokyo Stock Exchange's main board hit a record high on Friday, topping a 26-year peak and marking one victory in Prime Minister Shinzo Abe's campaign to jolt the economy out of a long phase of deflation and stagnation.

1:08pm IST

Gold demand slows as China eyes equities; lack of weddings in India weighs

SINGAPORE - Gold buying was slow this week in Asia even as global benchmark prices dropped from a three-month high, with the Chinese hooked on surging equities while demand in India stayed weak and was unlikely to pick up as the wedding season cools.

5:03pm IST

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Nikkei 20,264.41 + 61.54 +0.30%
Hang Seng 27,992.83 + 469.11 +1.70%
Sensex 27,957.50 + 148.15 +0.53%
EUR/INR 70.514 -0.18%
USD/INR 63.475 -0.15%
GBP/INR 98.919 -0.63%
Gold 1,206.00 +1.60 +0.13%
Oil 59.82 -0.90 -1.48%
Corn 366.75 +1.75 +0.48%

REUTERS SHOWCASE

Assuring Investors

Assuring Investors

Jaitley promises better tax regime for companies  Full Article 

Oil Subsidy

Oil Subsidy

India sets April-June oil subsidy rules, no discounts if oil below $60  Full Article 

Jaya Returns

Jaya Returns

Jayalalithaa to return as chief minister of Tamil Nadu   Full Article 

Demand for Gold

Demand for Gold

Gold demand slows as China eyes equities; lack of weddings in India weighs  Full Article 

Regional Bank

Regional Bank

China, India likely to be biggest shareholders in AIIB  Full Article 

Funding for Startups

Funding for Startups

Infosys founder to head India panel on startup funding platform  Full Article 

Breakingviews

Breakingviews

Asia’s consumption slump is newest growth hurdle  Full Article 

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