Asia

UCO Bank fraud: Shares plunge 18% after CBI booked ex-chairman

UCO Bank shares plunged nearly 18 percent Monday after the CBI booked Arun Kaul, former chairman-cum-managing director of the bank in Rs 6.21 billion loan fraud case.

Apr 16, 2018

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India on currency manipulator watchlist: Should we be worried?

The Indian currency is now added to the 'watch list' of nations that may be intervening excessively in their foreign exchange markets and distorting trade flows.

Apr 16, 2018

Gear up for costliest Akshaya Tritiya as gold surges past Rs 32,000 mark

Market experts believe gold prices will remain firm ahead of Akshaya Tritiya festival when buying gold is considered auspicious.

Apr 16, 2018

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Sovereign Gold Bond scheme 2018-19 issue opens April 16: Know all details

The first tranche of Sovereign Gold Bond scheme for the current year 2018-19 will open for subscription from April 16 to April 20.

Apr 14, 2018

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Infosys' Q4 results draw mixed analyst reaction

The Bengaluru-based company plans to give a special dividend of Rs 10 per share over and above the final dividend of Rs 20.5.

Apr 14, 2018

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Markets weekahead: Infosys, Fed speeches, Inflation data, Earnings

The Indian markets will focus on political and trade tensions in the U.S., reaction to Infosys results, macro-economic data and a slew of Fed speeches in the coming week.

Apr 14, 2018

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Bitcoins worth Rs 20 crore stolen from Indian cryptocurrency exchange Coinsecure

According to Coinsecure, the funds were lost while their CSO Amitabh Saxena was extracting Bitcoin Gold to distribute to their customers.

Apr 13, 2018

Bitcoin is more likely to drop to $100 than to hit $100,000 over the next 10 years

Bitcoin soars most since December: Are bulls back in the game?

The world's largest cryptocurrency climbed 12 percent as of 8 a.m. India time, piercing both the $7,000 and the $8,000 levels in the previous session.

Apr 13, 2018

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Bandhan Bank joins the club of top 50 most valuable Indian companies

Bandhan Bank, with a market capitalization of Rs 640 billion, reached the 50th rank for the first time ever since its listing Thursday.

Apr 12, 2018

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IDBI Bank shares fall over 3% after RBI levies Rs 3 crore fine

The RBI's penalty will not have any material impact on the bank, IDBI stated in a filing to the Bombay Stock Exchange. But the bank's shares slipped to a one-week low.

Apr 12, 2018

Bitcoin, Ethereum are types of cryptocurrencies available

What is bitcoin worth? Barclays has an answer to that

The Barclays model divides the pool of potential bitcoin investors into three groups: susceptible, infected and immune.

Apr 12, 2018

Once-surging crypto stocks face delisting: Is bitcoin mania over?

With bitcoin prices on a decline, the fun seems to be coming to an end for many of the stocks, which have lost steam in recent months.

Apr 12, 2018

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Gold price touches one-week high amid geopolitical tensions

Geopolitical tensions and the US inflation data had an impact on traders' sentiments, resulting in an increase in the demand for the safe-haven metal in the global market.

Apr 11, 2018

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China opens up auto, financial sectors as Trump tariff war shows results

With the current move, foreign financial institutions will get the chance to compete with domestic players in market whose size is estimated at $40 trillion.

Apr 11, 2018

Out of favor Bitcoin finds another critic: The World Bank

The World Bank has cautioned the banking sector against Bitcoin business saying it is "dangerous" to the global financial system.

Apr 11, 2018

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