 BSE Sensex gains L&T Infosys up - The BSE Sensex gains 0.82 percent while the 50-share Nifty adds 0.76 percent, led by buying in blue chip stocks like Larsen & Toubro and Infosys...
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April inflation accelerates to 7.23 pct - Indias wholesale price index (WPI) rose a faster-than-expected 7.23 percent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on Monday...
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March industrial output falls adds to wider gloom - ndias industrial output unexpectedly fell in March for the first time in five months, driven by a slump in the capital goods sector...
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RBI curbs exporter FX holdings to lift rupee - The Reserve Bank of India made a dramatic move to prop up its battered currency on Thursday...
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ICICI Bank raises foreign currency deposit rates - ICICI Bank, raised foreign currency deposit rates by up to 175 basis points...
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BSE Sensex falls on risk aversion blue chips hit - Banks and IT stocks are sold off as part of an Asian sell-off of risk. The weaker rupee also weighs on sentiment, as is uncertainty as the Finance Bill containing controversial tax provisions is set to be introduced to the parliament...
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Rupee below 53dollar RBI rumoured - he rupee dipped below 53 to the dollar to touch a near 4-month low on Wednesday, but suspected RBI intervention helped it recoup some losses...
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Rupee edges lower no RBI action seen - The rupee drops to 52.67 versus the dollar from 52.55/56 close on Thursday as lack of RBI action helps demand for dollars...
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S&P cuts India outlook to negative markets hit - Ratings agency Standard & Poors on Wednesday cut Indias outlook to negative from stable, citing its large fiscal deficit and expectations of only modest progress on reforms given political constraints, battering stocks, bonds and the rupee...
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TCS rises on prospects for market share gain - Shares in Tata Consultancy Services shot up as much as 12.4 percent on Tuesday...
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Infosys down as investors fret over U.S. scrutiny - Shares in Infosys (INFY.NS), Indias No. 2 software services company, fell as much as 1.75 percent in early trades on news that the company is under scrutiny from U.S. authorities for likely errors in employer eligibility documents of its staff...
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RBI cuts repo rate by 50 bps sees little room for more - The Reserve Bank of India cut interest rates on Tuesday for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth but warned that there is limited scope for further rate cuts...
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Infosys slower outlook hits shares Q4 profit rises - Infosys disappointed investors on Friday with a lower-than-expected revenue growth outlook due to an uncertain global economy and currency volatility, sending its shares down to their lowest level in more than six months...
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RBI seen cutting repo rate for first time in 3 years poll - The Reserve Bank of India is likely to cut its repo rate for the first time in three years in an attempt to lift sagging economic growth...
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BSE Sensex hit by banks Reliance Industries - The BSE Sensex fell on Monday as banks declined after deposit growth fell short of Reserve Bank of Indias projections in the last fiscal year, while Reliance Industries was hit by yet one more analyst downgrade...
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