India's Bajaj Electricals Q1 Results: Profit plunges 97% YoY on weak demand, one-time chargeIndia's Bajaj Electricals reported a 96.8% slump in first-quarter profit on Thursday, hurt by lower demand for its home appliances and a on...
Arcelor-Nippon says India's plan for raw material curbs ignores Red Sea crisisArcelorMittal's India joint venture warned New Delhi that planned curbs on low ash metallurgical coke imports, crucial for steelmaking, cou...
Oil prices fall on China demand worries"Worries over weak demand in China outweighed the extension of supply cuts by OPEC+," said Hiroyuki Kikukawa, president of NS Trading, a un...
Some stranded Russian Sokol oil cargoes begin to move to China, India - dataTankers carrying Russian Sokol oil, stranded due to payment problems and Western sanctions, have started moving towards China and India. So...
Tata Elxsi Q3 Results: Profit rises 6% YoY on strength in transportation segmentIndian design and technology services company Tata Elxsi reported a 6% rise in third-quarter profit on Tuesday, helped by healthy demand in...
Oil prices steady as fears over supply tightness counter demand woesOil prices were stable on Wednesday with Brent crude futures up 0.1% to $76.38 a barrel and US West Texas Intermediate futures up 0.2% to $...
Oil prices recover on short-covering, U.S. debt ceiling fears weighOil markets saw a slight rebound in early Asian trade on Friday, as traders covered their short positions ahead of the weekend; however, ga...
Oil prices steady as investor focus shifts to demand outlook"In the short term, demand is expected to rise for the summer driving season, but higher oil prices may intensify inflationary pressures an...
Market infra institutions to have disaster recovery sites, business continuity plan: SebiThe disaster recovery site should preferably be set up in a different seismic zone.
India fairly insulated from China turbulence; rupee likely to hold its own: NS Venkatesh, IDBI Bank"Looking at how our markets have played out over the last couple of weeks, India seems to be an oasis of tranquillity in a turbulent ocean."
Expect rupee to trade between 58 and 61 going forward: NS Venkatesh, IDBI Bank'It is essentially because of the external situation - whether it is the Ukraine issue or whether it is about Europe not doing well.'
Expect rupee to trade in 58-61 range in near term: NS Venkatesh, IDBI Bank'The stands of RBI have always been to ensure that they smoothen the volatility. That is being reiterated even at the government level.'
Expect a 25 bps rate cut from RBI's June 19 policy: NS Venkatesh, IDBI BankA 25 bps cut can be expected from the June 19th policy because GDP growth has come down to around 4.8% and inflation has started showing si...
Expect RBI to cut rates by 25 bps in March: NS Venkatesh, IDBI Bank"Going ahead into the next financial year, I believe that maybe the trade deficit could get narrowed a little bit."
- Re is trying to find its own levels at current stage: IDBI Bank
In an interview with ET Now, NS Venkatesh, Head of Treasury, IDBI Bank, shares his views on the bond market, rupee and govt policies.
- Dollar supply has improved in the market: NS Venkatesh, Treasury Head, IDBI Bank
Today some public sector banks were selling dollars. Also, maybe, some exporters have taken a view that 56 is a level for them to sell.
- RBI may start cutting rates by April 2012: IDBI Bank
In an Interview with ET NOW, NS Venkatesh, Treasury Head, IDBI Bank, discusses Treasury outlook. Excerpts