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May 6, 2016 2:07 PM
Amid challenges from physical commodity markets, Securities Exchange Board of India (SEBI) chairman U K Sinha said the regulator will not bring in new products in the commodities derivative market unless they have enough liquidity. The SEBI chief said that the regulator is continuously reviewing the...
May 6, 2016 2:07 PM
A huge wildfire near Canada's oil sands region, and escalating tensions in Libya stoked concern among investors over a near-term supply shortage, driving crude oil prices higher. Brent crude oil futures rose 1.19 dollars, to 45.81 dollars a barrel. U.S.crude rose 1.45 dollars, to 45.23 doll...
May 5, 2016 5:39 PM
Amid challenges from physical commodity markets, Securities Exchange Board of India (SEBI) chairman U K Sinha today said the regulator will not bring in new products in the commodities derivative market unless they have enough liquidity. The SEBI chief said that the regulator is continuously reviewi...
May 5, 2016 5:34 PM
Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS). According to Commerce and Industry Ministry, the move is aimed at improving ease of doing business in the country to promote exports, which are in the ne...
May 5, 2016 5:34 PM
Zimbabwe is set to print its own version of the US dollar in order to ease a cash shortage in the country. Central bank Governor John Mangudya said the cash, known as bond notes, will be backed by 200 million dollars support from the Africa Export-Import Bank. The specially-designed two, five, 10 an...
May 5, 2016 4:48 PM
A huge wildfire near Canada's oil sands region, and escalating tensions in Libya stoked concern among investors over a near-term supply shortage, driving crude oil prices higher, today. Brent crude oil futures rose 1.19 dollars, to 45.81 dollars a barrel. U.S.crude rose 1.45 dollars, to 45....
May 5, 2016 6:42 AM
Calling for reforms in the processes of Asian Development Bank (ADB), Finance Minister Arun Jaitley today sought the need for making it bigger and better to support growth in the region. Addressing the multi-lateral lender's annual meet in Germany's Frankfurt, Mr. Jaitley said, Asi...
May 4, 2016 11:33 AM
The International Monetary Fund says Asia's economies are still set to underpin world economic growth, despite being dragged by a slowdown in China. IMF in its Regional Economic Outlook said, the Asia Pacific region is expected to grow at a strong 5.3 per cent this year, accounting for near...
May 4, 2016 11:32 AM
Finance Ministers and Central Bank Governors from Japan, China, South Korea and the Association of Southeast Asian Nations have agreed on the need to address downside risks to global economic development. In a joint statement issued at a meeting in Frankfurt, Germany on Tuesday, they said the countr...
May 4, 2016 8:13 AM
Minister of state for Finance Jayant Sinha has said that there were 7,686 wilful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015. In a written reply in the Rajya Sabha, Mr Sinha said, the number of wilful defaulters of Public sector banks, (PSBs) rose from 5,554 to 7,686 in...
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Last Updated: 11th May 2026
