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India November inflation likely exceeded RBI's 4 percent target: Reuters Poll

BENGALURU India's retail inflation likely breached the central bank's 4.0 percent medium-term target in November after unseasonably heavy rains sent food prices soaring, a Reuters poll showed.

Recent Business News

Global Markets: Bitcoin futures rocket past $18,000; Asian shares buoyant

SYDNEY The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth.

Budget 2017, 12:14pm IST

Gold edges up; looming U.S. rate hike weighs on momentum

Gold prices ticked up amid a softer dollar on Monday, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the United States.

Budget 2017, 1:38pm IST

Exclusive: Myanmar to delay law that would have allowed more foreign investment

YANGON Myanmar will delay a long-awaited reform that would open the door further to foreign investment, two officials told Reuters, a move likely to disappoint cash-starved businesses amid growing doubts over the management of the economy by the country's leader, Aung San Suu Kyi.

Budget 2017, 12:40pm IST

Take Five: World markets themes for the week ahead

Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.

Budget 2017, 1:39pm IST

Jerome Powell faces early test of policy view as tax cuts near approval

WASHINGTON Incoming Federal Reserve chair Jerome Powell, chosen by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion=dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.

Budget 2017, 12:53pm IST

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Sensex 33,392.35 + 142.05 +0.43%
Nikkei 22,938.73 + 127.65 +0.56%
Hang Seng 28,965.29 + 325.44 +1.14%
EUR/INR 75.843 +0.00%
USD/INR 64.470 +0.00%
GBP/INR 86.280 -0.05%
Gold 1,245.90 -3.90 -0.31%
Oil 57.14 -0.22 -0.38%
Corn 339.75 -0.25 -0.07%

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