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RBI expected to stand pat, words weighed for future cuts

MUMBAI - India's central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.

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Supreme Court to consider auctioning off Sahara properties

MUMBAI - The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara's assets and refund investors in the troubled group's illegal bonds.

Top News, 03 Aug 2015

Oil prices edge up after 5 percent fall, but outlook weak

SINGAPORE - Oil prices edged up in early Asian trading on Tuesday following a 5 percent fall in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls.

6:49am IST

Gold closes in on 5-1/2-year low as U.S. rate worries weigh

MANILA - Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year.

6:51am IST

Asian shares edge down, oil stabilises after rout

TOKYO - Asian shares edged lower on Tuesday after downbeat economic data pressured Wall Street ahead of key U.S. jobs data later this week that could provide a key clue to the timing of the U.S. Federal Reserve's interest rate increase.

5:50am IST

Snapdeal to raise $500 million from Alibaba, SoftBank, Foxconn - sources

BEIJING - Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday.

Top News, 03 Aug 2015

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 28,187.06 + 72.50 +0.26%
Nikkei 20,528.96 -19.15 -0.09%
Hang Seng 24,411.42 -- --%
EUR/INR 70.122 -0.19%
USD/INR 64.132 -0.06%
GBP/INR 99.860 -0.14%
Gold 1,083.10 -6.30 -0.58%
Oil 45.46 +0.29 +0.64%
Corn 368.25 +1.75 +0.48%

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