- Global macro environment key to currency stability: Outlook for major currencies
Uncertainty in the currency markets is likely to continue this year, says a Scotia Bank report.
- Weakest recovery in developed economies after World War II
The pace of worldwide activity is likely to start slow and gradually build momentum, says a Scotia Bank report.
- Will rising oil prices cause an economic slowdown in the US?
Most downturns were preceded by sharp rise in oil prices but this time may be different, says a report.
- Tata Chemicalsā North America unit signs up for $375 million loans
Tata Chemicals, a maker of salts, alkalies and heavy chemicals, signed loan facilities of $375 million , according to a data.
Tough times ahead for Greece even after the bailoutGreece’s domestic demand will continue to be a drag on the economy, says a Scotia Bank report.
US & Eurozone crisis: Strong ties, but limited downside riskA Scotia Bank report analyses the linkages between the two biggest economies based on five key factors.
- Change in gold, silver duty hits bullion banks
The recent change in gold and silver's duty structure from a flat to a value-based rate will create a host of problems for banks.
Year of risk aversion for economies and investors: Scotia Bank reportChanging regulations, government action and global uncertainty will affect investments, says a Scotia Bank report.
- Gold prices to reach $2,000 by March 2012: Scotia
Gold imports are likely to reach 1,000 tonne due to growing investment demand, while prices might touch $2,000 by March 2012 driven by glob...
- Reliance Industries hires 18 banks for $1.09 bn loan
RIL plans to replace debt maturing in about two years that has higher interest costs, another person familiar with the matter said last mon...
- Satyam scam: Court records statements of three bank officials
The court recorded the statements of S Ganesh of IDBI Bank, M Gopalakrishna of SBI and DBV Satish of Bank of Nova Scotia.
- Foreign banks' adv tax payments dip 58%
Advance taxes paid by foreign banks operating in the country have declined by over 58% in the fourth quarter.
- Scotiabank launches quick pay service for Indo-Canadians
Canada's third largest bank, Scotia in tie-up with Western Union, today launched the quick pay service that allows Indo-Canadians to send f...
- Foreign banks charge up to Rs 200 for collecting cheques
While most of the public sector banks charge a nominal amount of Rs 7-15 for collection of outstation cheque, some of the foreign banks cha...
- Developing nations overtake North America in auto production
Auto-assembly capacity in the developing economies, including India and China, will exceed North America's auto production for the first ti...
- Weak private banks can get foreign muscle
Foreign banks going long on India can rejig their operations, and private banks, particularly the weaker ones, could change hands.
- Gold prices to fall as QRs go
Prices of gold and jewellery may well slide if global prices are not unduly volatile in the near term as the government today opened up the...