INDIA STOCKS Indian shares inch lower ahead of RBI policy outcome

BENGALURU, Sept 30 (Reuters) – Indian shares edged lower on Friday, dragged by losses in information technology and autos, ahead of an expected rate hike decision by the country’s central bank to fight inflation. The NSE Nifty 50 index (.NSEI) was down 0.3% at 16,776, as of 0347 GMT, and the S&P BSE Sensex (.BSESN) … Read more

INDIA RUPEE Rupee seen higher on current account deficit surprise, dollar retreat

MUMBAI, Sept 30 (Reuters) – The Indian rupee is expected to open higher against the US dollar on Friday, after the country reported a lower-than-expected current account deficit for the June quarter. The dollar index pulling back further from multi-year highs will likely be an additional boost for the rupee, traders said. The rupee is … Read more

Morning Bid: Guilty party | Reuters

A look at the day ahead in European and global markets from Tom Westbrook The Old Lady of Threadneedle Street’s cash tourniquet on the gilt market is holding, with the relief rally driving 30-year yields down a wild 105 basis points in a few hours. Yet the remedy is little salve for a sinking pound, … Read more

Hawkish Fed may prompt India’s RBI to deliver a 50-basis-point hike

MUMBAI, Sept 28 (Reuters) – Interest rate hikes in the United States and the resultant pressure on the rupee is likely to give the Reserve Bank of India (RBI) reason to deliver a 50-basis-point rate hike on Friday even as it tries to protect a recovery in growth. The RBI’s monetary policy committee (MPC) has … Read more

India’s RBI likely sells dollars as surging US yields hold rupee hostage – traders

MUMBAI, Sept 28 (Reuters) – The Indian central bank likely sold dollars via state-run banks on Wednesday as rising Treasury yields and mounting risk aversion pushed the rupee to a record low, traders said. The rupee was trading at 81.8675 per US dollar, down from 81.58 in the previous session. The local unit earlier reached … Read more

Exclusive: India’s inclusion into key govt bond index pushed back to next year – sources

A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/ Register now for FREE unlimited access to Reuters.com Register NEW DELHI/HONG KONG, Sept 27 (Reuters) – Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year … Read more

APPEC US official rules out secondary sanctions for Russian oil price cap

The oil tanker Minerva Virgo, docked at the oil terminal, is seen after leaving a Russian port around the time that nation invaded Ukraine in late February, since US President Joe Biden on March 8 banned the importation of Russian energy, giving buyers until late April to wind down purchases, as several tankers linked to … Read more

UAE healthcare firm Burjeel Holdings plans listing on Oct 10

Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 26 (Reuters) – Abu Dhabi-based hospital operator Burjeel Holdings plans to sell an 11% stake in an initial public offering that will list its shares on the emirate’s exchange, the company said in a statement on Monday. Burjeel said it plans to offer about … Read more