RBI may cut key rates in Sept review, says Deutsche Bank

Last Updated: Friday, August 28, 2015, 17:15

The central bank has cut rates thrice by a cumulative 0.75 percent this year.

'RBI more likely to cut rates in September, GDP growth steady'

Last Updated: Friday, August 28, 2015, 13:25

There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

Panasonic to stop making batteries in Beijing, cut 1,300 jobs

Last Updated: Thursday, August 27, 2015, 09:23

The plant, which produces batteries for mobile phones and cameras mainly for non-Japanese brands, has been struggling to boost profitability, the paper said.

Tata Steel to mothball Wales plant, cut 250 jobs

Last Updated: Wednesday, August 26, 2015, 21:50

The jobs are expected to go mainly at Llanwern in Newport, where its mills will stop running.

China move fails to calm nerves, Sensex tanks 318 points

Last Updated: Wednesday, August 26, 2015, 18:34

The relief rally proved to be short-lived when the benchmark BSE Sensex on Wednesday failed to capitalise on the previous session's gains, falling 318 points to settle below the 26,000-mark, as investors steered clear of risky bets.

Angry Birds maker Rovio plans deep job cuts, profits seen falling

Last Updated: Wednesday, August 26, 2015, 17:15

"Fundamental changes are needed to ensure Rovio succeeds in its global ambitions to be the leading entertainment company with mobile games at its heart," Rovio CEO Pekka Rantala said in a statement.

Gold struggles even as equities drop further after China rate cut

Last Updated: Wednesday, August 26, 2015, 10:28

Gold slipped on Wednesday, struggling to draw buyers even as Asian stocks fell further despite China`s latest policy easing with investors remaining wary of a near-term hike in U.S. interest rates.

Asian shares wobble after China rate cut

Last Updated: Wednesday, August 26, 2015, 09:05

Asian stocks flip-flopped on Wednesday after China cut interest rates in a bid to restore confidence in its sagging economy, with trading volatile after days of heavy swings across world equities.

Video: China cuts rates, adds fuel to European stock

Last Updated: Tuesday, August 25, 2015, 18:52

China stocks crashed for the second day on Tuesday prompting the central bank of the world's second largest economy to cut the reserve requirement ratio and key interest rates.

Chinese shares crash for the 2nd day, central bank cuts rates

Last Updated: Tuesday, August 25, 2015, 17:28

The benchmark Shanghai Composite Index fell 7.63 per cent to 2,964.97 points, following the 8.49-per cent loss in its worst daily slump since February 2007.

World stocks, dollar, oil extend gains after China cuts rates

Last Updated: Tuesday, August 25, 2015, 16:33

The pan-European FTSEurofirst 300 index rose 4.2 percent, recouping the bulk of the 5 percent-plus it lost the previous day.

Raghuram Rajan says enough reserves to contain volatility, hints at rate cut

Last Updated: Monday, August 24, 2015, 15:03

"I wish to reassure the markets that our macroeconomic factors are under control as the economy is in much better position relative to many other economies," Rajan told the IBA-Ficci organised banking summit Fibac.