Markets shaky ahead of RBI rate policySensex lost more than 70 points to open at 35,097.99 and extended losses further, cracking under the 35,000-mark for a brief period. The broader 50-sh… Read MoreIndia's 'easy money' era seems to be overThe IL&FS crisis has sparked fears in the debt-focused mutual funds that are liquidating holdings. There’s more pain to come as global interest ra… Read MoreUS oil exports fall as India turns to IranUS oil shipments to India fell to 84,000 barrels per day (bpd) last month, down 75 per cent from a record high of 347,000 bpd in June, Kpler data sho… Read MoreRBI likely to raise repo rate again as rupee slide acceleratesAnticipation of a rate hike has increased in the past month as oil prices climbed, the rupee’s slide accelerated and concerns on liquidity emerged. R… Read MoreThe untold tale behind government's takeover of IL&FSWith the economy already grappling with surging fuel prices and a plunging currency, the last thing the government needed was more turmoil in the debt… Read More
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