Markets warm to MSCI, Moody's
BOURSES and money markets rode high today on the back of a better weightage by Morgan Stanley Capital International index (MSCI) and Thursday's decision by Moody's to review India's forex credit rating for a possible ...
India's weightage marginally up in MSCI index
MORGAN Stanely Capital International (MSCI) has raised India's weightage in its MSCI Asia-Pacific (excluding Japan) index to 3.14 per cent from 3.12 per cent. India's weightage in the MSCI emerging markets index has also gone up to 4.25 per ...
Re hits 12-month high at 48.19
THE rupee scaled a 12-month peak closing at 48.1975 per dollar on Friday on the back of Moody's announcing a review of the India's foreign currency ceiling for debt. This is closest to the level the rupee was on December 27, 2001, when it was ...
Banks told to hone credit skills to contain NPAs
THE Reserve Bank of India has said that increasing provisioning of already impaired assets and close monitoring of credit at the levels of sanction, disbursement and operations should be the priority for banks in the country. Even though the ...
Petrol, diesel prices reduced
CONSUMERS will be paying 68-75 paise per litre less for petrol and diesel from midnight tonight following the softening of crude prices in the international markets to the $23-24 per barrel band. Over the last three months, prices of petrol and ...
India highlights market access concerns at WTO
INDIA has clearly spelt out its priorities in the area of market access in the World Trade Organisation (WTO) negotiations by unequivocally stating that the flexibilities that developing countries require in the field of agriculture and ...
FIIs allowed to take full forward cover
IN a move aimed at fine-tuning the exchange rate of the rupee, the Reserve Bank of India on Friday allowed foreign institutional investors (FIIs) to take forward currency cover for their entire exposure in Indian equities while simultaneously ...
PepsiCo buys out two bottling units
SOFT drinks major PepsiCo India Holdings is buying out two units of its franchisee bottler, the Chandigarh-based Dhillon Kool Drinks and Beverages Ltd, according to industry sources. Dhillon Kool Drinks has been PepsiCo's second largest north ...
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