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19 September, 2018 4:03 PM RBI Relaxes External Commercial Borrowings Norms To Support Rupee

The decision to revise the minimum average maturity period of three years to one year on ECBs was part of the government measures announced last week. MUMBAI: The Reserve Bank of India (RBI) on Thursday liberalised some aspects of the external commercial borrowings (ECBs) policy including those related to rupee-denominated bonds to help check rupee depreciation 46

18 September, 2018 1:48 PM Trump Accuses China Of Trying To Use Trade War To "Impact" US Election

Donald Trump's comments came a day after he targeted another $200 billion in Chinese imports with tariffs starting next week, drawing an immediate vow of retaliation from Beijing President Donald Trump on Tuesday accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries' escalating trade 46

18 September, 2018 7:44 AM Trade war impact on China's economy not big, but stocks, FX need to be watched: Central bank adviser

European Commission Vice President Valdis Dombrovskis said at the same conference that multilateral trade systems needed to be preserved. The impact on China's economy from Beijing's and Washington's ongoing trade war is not significant, but the impact on stock and currency markets needs to be watched, an adviser to China's central bank said on Tuesday 38

18 September, 2018 6:12 AM Donald Trump cuts refugee admissions to 30,000 for 2019: Mike Pompeo

The Trump administration slashed its annual cap on refugee acceptances Monday for the second year in a row, saying it would take only a maximum 30,000 in the fiscal year to come. That was down from a 45,000 limit in the year that ends on September 30 -- but higher than the actual number of refugees resettled in the past year, estimated at below 21,000. "The improved 43

18 September, 2018 6:00 AM Buy USDINR; target of 72.75

ICICI Direct expects USDINR to find supports at lower levels. Utilise downsides in pair to initiate long positions. The rupee ended sharply lower at 72. 51 as concerns grew on the Trump administration’s plan to impose tariffs on $ 200 billion worth of Chinese imports while disappointment over the government’s measures weighed • The US$ ended lower 40

18 September, 2018 4:42 AM SBI to sell 8 NPAs to recover dues worth over Rs 3,900 cr

The country's largest lender State Bank of India will sell eight non-performing assets to recover dues worth over Rs 3,900 crore and has invited bids from asset reconstruction companies (ARCs) and financial institutions (FIs). "In terms of the bank's revised policy on sale of financial assets in line with the regulatory guidelines, we place these accounts 32

17 September, 2018 12:45 PM Rupee closes at 72.51 against dollar

New Delhi: The rupee on Monday ended marginally higher by closing at 72.51 against dollar at the forex market. The Indian currency once again breached the 72-mark to hit a low of 72.69 (intra-day) against the US dollar. To stop further depreciation of rupee and widening of current account deficit (CAD), the government last week took five measures and a broad 47

15 September, 2018 10:04 AM Donald Trump Lashes Ex-Secretary Of State John Kerry For Iran Meetings

President Donald Trump lashed out at former secretary of state John Kerry for his meetings with Iran's foreign minister after the Obama-appointee had left office. "John Kerry had illegal meetings with the very hostile Iranian Regime which can only serve to undercut our great work to the detriment of the American people," Trump said on Twitter late Thursday 66

15 September, 2018 4:00 AM IL&FS Downgrade, Land Pooling Policy and Lehman Market Strategies

In this show, we get you all the stock market action, currency updates and strategies for the week ahead. This week on The Moneycontrol Show, we talk about the ratings downgrade of infrastructure financing firm IL&FS and its subsidiaries by rating agency ICRA. The downgrade was steep – from a top rating into below investment grade. We find out what was the impact 119

14 September, 2018 11:26 AM Tata Motors to showcase 'Made in India' combat vehicles at BIMSTEC Nations Summit

New Delhi: Tata Motors is all set to showcase two indigenously built combat vehicles at the BIMSTEC Nations Summit 2018 to be held in Pune. The two vehicles - Tata 4X4 Mine Protected Vehicle and WhAP8x8 ICV - will be showcased to Army chiefs and over 400 officers from the participating nations in a bid to show Tata Motors' expertise in combat mobility 105