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Exclusive - India's PNB adopts strict SWIFT controls after mega fraud case

MUMBAI India's state-run Punjab National Bank has stepped up its controls on the use of global payments network SWIFT following an alleged $1.77 billion fraud, according to memos issued this month and seen by Reuters.

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ONGC shortlists three oil service majors to lift output from two fields

MUMBAI The Oil and Natural Gas Corp (ONGC) is set to hire international oil service giants for the first time to boost output from domestic oil fields in response to a government push to increase local supplies and cut expensive imports.

21 Feb 2018

RBI panel warns on inflation as it monitors growth

MUMBAI Minutes from the Reserve Bank of India's meeting this month showed monetary policy committee members expressing concerns about accelerating inflation, although that was also tempered by uncertainty about the strength of an economic recovery.

21 Feb 2018

Explainer: Latvia's reputation at stake after corruption allegations

RIGA Latvia's central bank chief has been suspended pending an investigation into bribery allegations, and the Baltic country's third biggest bank has sought emergency support following U.S. accusations of money-laundering and sanctions-busting.

2:10am IST

As Wall Street boosts rate hike bets, Fed doubts remain

As signs of faster U.S. inflation boost financial market expectations for three or even more interest rate hikes this year, some U.S. central bankers are sticking to their view that aggressive policy tightening is unnecessary.

21 Feb 2018

Insight: Scotch whisky makers see dram half full over Brexit

FALKIRK, Scotland/LONDON Scotch whisky makers were among the most fervent industry advocates for staying in the European Union, but if Britain has to leave, they prefer a clean break. | Video

21 Feb 2018

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 33,844.86 + 141.27 +0.42%
Nikkei 21,970.81 -- --%
Hang Seng 31,431.89 -- --%
EUR/INR 78.878 +0.05%
USD/INR 64.285 -0.13%
GBP/INR 89.067 +0.10%
Gold 1,321.20 +8.10 +0.62%
Oil 61.34 -0.45 -0.73%
Corn 365.75 +0.00 +0.00%

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