Rupee slips from 3-week high on strong dollar; closes up 4 paise

Jul 13 2018

The rupee today surged to a three-week high of 68.31 before closing marginally up by 4 paise at 68.53 against the US currency mirroring late losses in stock markets and capital outflows.

EU court grants French banks capital reprieve against ECB decision

Jul 13 2018

European Union’s top court granted six French banks an exemption from holding capital against deposits parked with a state-owned fund, overturning a decision by the European Central Bank.

Rupee climbs to 1-week high as crude dives, ends at 68.57

Jul 12 2018

The rupee today surged by 20 paise to end at a one-week high of 68.57 against the US dollar buoyed by a steep fall in crude prices and a strong rally in equity markets.

ECB sees rates at record low levels for as long as needed: Minutes

Jul 12 2018

Euro zone interest rates will remain at their current level for as long as needed to raise inflation and the European Central Bank’s guidance should be seen as “open-ended”, ECB policymakers concluded in June according to minutes of their meeting published on Thursday.

Euro zone industry output increases in May

Jul 12 2018

Production at factories in the 19 countries sharing the euro currency increased by more than expected in May, data from European statistics office Eurostat showed on Thursday.

French June inflation figures revised down, still near six-year high

Jul 12 2018

France lowered its final June inflation figures from earlier estimates, although inflation in the euro zone’s second-biggest economy remained near six-year highs.

ECB unveils compromise solution for banks' soured loan problem

Jul 11 2018

European Central Bank supervisors will give euro zone banks extra time to set cash aside against their bad loans if their pile of soured debt is particularly high, the ECB said.

Rupee stays afloat ahead of key macro data, up 5 paise

Jul 11 2018

The rupee ended higher by 5 paise at 68.77 against the US currency today on the back of some stray dollar selling by exporters and banks.

First ECB rate rise at earliest 'through summer' of 2019: Villeroy

Jul 11 2018

ECB first interest rate rise could take place at some point through the summer of 2019 at the earliest if inflation conditions warrant a move, ECB policy maker Francois Villeroy de Galhau said

Euro members consider more super-long borrowing as ECB mulls bond 'twist'

Jul 09 2018

Belgium hopes to sell bonds with super long maturities soon, while bankers say several other euro zone governments and state-linked bodies may follow suit as the European Central Bank mulls pushing long term borrowing rates even lower.

Indian Markets


    36,472.29 69.34   (-0.19 %)

    10,980.05 38.85   (-0.35 %)

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


twitter @BTVI