ICICI Bank hikes deposit rates on select maturities ICICI Bank today hiked interest rates on its 390-day deposit by 25 basis points to 6.75 per cent from 6.5 per cent and on 590-day deposit by 50 basis points to 6.75 per cent from 6.25 …
More private banks on the cards The Finance Minister has heralded the third phase of the opening up of the private sector banking space. Mr Pranab Mukherjee announced that the Reserve Bank of India is considering giving some additional banking licences to private …
Feb. 26 (Bloomberg) — The dollar and yen fell against most of their major counterparts as signs the global economy is recovering and gains in global equities encouraged demand for higher-yielding assets.
Trading Floor has announced the launch of a news widget that allows users to share expert Forex views and analysis.
Feb. 25 (Bloomberg) — Canada’s dollar fell along with other commodity-linked currencies as concern the global economic rebound is faltering drove investors to the perceived safety of the greenback and yen.
PowerGrid inks pacts with 37 private developers In a big push to private power generation capacity, Power Grid Corporation of India Ltd (PGCIL) on Wednesday signed long-term transmission pacts with 37 private developers, entailing a gross generation capacity of over …
The global foreign exchange (forex) trading market has come far from being just a currency-hedging tool to being a full-fledged asset class now, believe experts.