Search Results for: rupee
Vodafone seeks arbitration in India tax dispute
May 8th, 2014
Vodafone has sought international arbitration to resolve its tax dispute with the Indian government. It relates to Vodafone’s 2007 takeover of Hong Kong-based Hutchison Whampoa’s Indian mobile unit for $11bn (£6.5bn). Indian authorities have said the firm owes nearly ...
A star abroad, India central bank boss riles bond traders at home
April 17th, 2014
Since taking the helm of India’s central bank, Raghuram Rajan’s agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. ...
India Capital Votes in 3rd Phase of World’s Biggest Election
April 10th, 2014
Voters in India’s capital headed to polling booths today in the third phase of the biggest election in world history, with Narendra Modi’s Bharatiya Janata Party set to win the most seats and grab power after a decade. About ...
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
Stock Futures Rise as Dollar Holds Yen Gain Before Data
April 4th, 2014
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...
Asia Stocks Rise as Copper Slips Amid China Stimulus Talk
March 24th, 2014
Asian shares rose, with the regional index rebounding from its biggest two-week decline since June, and the yen fell. Nickel slid after a seventh weekly gain as a preliminary Chinese manufacturing gauge unexpectedly fell, while gold and silver retreated. ...
India’s Bonds Snap Two-Week Gain as Fed Signals Rate Increase
March 21st, 2014
India’s 10-year bonds capped the first weekly decline in three on concern fund inflows into high-yielding assets will slow after the Federal Reserve signaled U.S. interest rates will be raised. The Fed cut its monthly debt purchases by $10 ...
