China defends Yuan devaluation, sees 'limited' impact

Last Updated: Saturday, August 29, 2015, 15:49

China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".

US oil rallies second day; WTI up 6.3%

Last Updated: Saturday, August 29, 2015, 00:46

US crude-oil prices surged higher for a second straight day Friday, as investors appeared to view the recent nose-dive as overdone.

India, Germany agree to enhance tax info sharing, revise DTAA

Last Updated: Friday, August 28, 2015, 15:57

India and Germany have agreed to enhance exchange of tax-related information and revise the bilateral tax pact, the final version of which would be ready by September 2015, Finance Ministry said Friday.

Rupee down 4 paise at 66.08 Vs US dollar

Last Updated: Friday, August 28, 2015, 10:59

The rupee slipped by four paise to 66.08 per dollar in late morning deals Friday following fresh demand for the US currency from banks and importers on the back of higher dollar overseas.

Rupee marginally up at 66.02 against USD

Last Updated: Friday, August 28, 2015, 09:36

The rupee recovered marginally by two paise to 66.02 against the US dollar in early trade Friday amid gains in stock markets.

Rupee recovers 10 paise to 66.04 against USD

Last Updated: Thursday, August 27, 2015, 19:37

After a brief overnight fall, the rupee recovered by 10 paise to settle at 66.04 against the American currency on fresh selling of dollar by banks and exporters amid a smart rebound in local equity markets.

Rupee could be at 64 against the US dollar by March: Crisil

Last Updated: Wednesday, August 26, 2015, 23:09

Ratings and research firm Crisil Wednesday said there are two-third chances that the rupee can touch the level of 64 against the US dollar by March-end 2016, while there is one-third chance it may reach 67 per dollar.

Metropolitan Stock Exchange to shut its clearing corporation

Last Updated: Wednesday, August 26, 2015, 21:09

The Metropolitan Stock Exchange of India Ltd (MSEI), formerly known as MCX Stock Exchange Ltd (MCX-SX), plans to shut its clearing corporation and tie up with another exchange for handling the trade clearing services. MSEI has already written to the Securities and Exchange Board of India (Sebi) for seeking regulatory approval.

Trading in Sterling Holidays to be discontinued from Aug 31

Last Updated: Wednesday, August 26, 2015, 20:30

Leading stock exchange BSE Wednesday said trading in Sterling Holiday Resort would be discontinued from August 31 on account of the company's merger with integrated travel firm Thomas Cook India Ltd.

Satin Creditcare gets approval for NSE listing

Last Updated: Wednesday, August 26, 2015, 20:26

Micro-finance firm Satin Creditcare Network Limited Wednesday said it has received approval for listing of shares on the NSE.

Rupee weakens by 4 paise at 66.14 against US dollar

Last Updated: Wednesday, August 26, 2015, 18:45

The rupee Wednesday turned weak against the US dollar, after a brief recovery yesterday, falling by four paise to end at 66.14 on renewed demand for the American unit from importers amid global volatility.