Russia may borrow $1 billion from BRICS development bank: Minister

Jul 16 2018 | 2 hrs ago

Russia is in talks with the New Development Bank, set up by the BRICS group of major emerging economies, about raising more than $1 billion, Deputy Finance Minister Sergey Storchak told reporters.

Wall Street: Weak oil prices offset Bank of America-led earnings optimism

Jul 16 2018 | 2 hrs ago

U.S. stocks were trading flat on Monday as a sharp drop in crude oil prices weighed on energy companies, offsetting a rebound in financials stocks after Bank of America’s strong results reinforced expectations of a strong earnings season.

IMF warns US vulnerable in escalating trade fight

Jul 16 2018 | 4 hrs ago

The International Monetary Fund warned on Monday that escalating and sustained trade conflicts are increasingly likely, threatening to derail economic recovery and depress medium-term growth prospects.

US stock futures flat as drop in oil prices trims earnings enthusiasm

Jul 16 2018 | 5 hrs ago

U.S. stock index futures were trading flat on Monday as a strong report from Bank of America reinforced expectations of a strong earnings season, but a drop in crude oil priced capped some early gains.

Hong Kong's bourse brushes off Chinese snub over dual-class shares

Jul 16 2018 | 7 hrs ago

Hong Kong’s exchange described as “temporary” a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares, as shares in smartphone maker Xiaomi Corp (1810.HK) recovered from the depths of its 10-percent slide on Monday.

Honor launching 'Honor 9N' not '9X' in India on July 24

Jul 16 2018 | 7 hrs ago

Contrary to reports that Chinese smartphone maker Huawei's sub-brand Honor is set to launch "Honor 9X" on July 24, the smartphone is going to be called "Honor 9N".

Dollar slips after posting biggest weekly rise in a month

Jul 16 2018 | 7 hrs ago

The dollar slipped on Monday, having notched up its biggest weekly gain in a month last week, as a rebound in risk appetite prompted investors to diversify away from their long dollar bets which have grown rapidly in recent weeks.

Pound, China data put pressure on FTSE

Jul 16 2018 | 8 hrs ago

UK’s top share index retreated as a stronger pound weighed while soft China data hit miners amid persistent worries over global trade.

Industrials help European shares shrug off China data

Jul 16 2018 | 10 hrs ago

Strong industrials and pharma stocks helped European shares make hesitant gains while data showing slowing economic growth from China kept a lid on the market’s progress.

EU's Tusk says the WTO needs new rules on forced tech transfers, subsidies

Jul 16 2018 | 13 hrs ago

World Trade Organization needs new rules on forced technology transfers and industry subsidies, European Council President Donald Tusk said.

Indian Markets


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Global Markets


Stocks In News



ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh


In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis


Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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