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Derek Francis

Indian shares edge higher as govt rethinks FPI tax surcharge

09 Aug 2019

BENGALURU, Aug 9 Indian shares rose on Friday after Reuters reported that the country may exempt the tax surcharge on foreign portfolio investors (FPIs), bringing cheer to investors.

Floods in India kill 33, displace thousands

08 Aug 2019

MUMBAI/BENGALURU Floods brought by heavy rains and overflowing rivers across large swathes of western and southern India have killed at least 33 people and forced the evacuation of 180,000 from their homes, officials said on Thursday.

Indian shares edge higher after cenbank's unconventional rate cut

08 Aug 2019

BENGALURU, Aug 8 Indian shares rose marginally on Thursday, tracking gains in broader Asia, after the country's central bank cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth.

Indian shares little changed ahead of cenbank policy decision

07 Aug 2019

BENGALURU, Aug 7 Indian shares were little changed on a volatile Wednesday as investors awaited the central bank's monetary policy decision, where it is expected to cut interest rates by 25 basis points.

Indian shares edge higher ahead of cenbank's policy outcome

06 Aug 2019

BENGALURU, Aug 6 Indian shares reversed early losses to trade higher on Tuesday, a day after the government scrapped the special status of long-disputed Kashmir, while investors awaited the central bank's monetary policy decision scheduled on Wednesday.

UPDATE 1-Indian shares plumb fresh five-month lows in global selloff

05 Aug 2019

* India volatility index surges as much as 16.2% (Adds details on India's Kashmir proposal, updates indexes)

Indian shares plumb fresh five-month lows in global selloff

05 Aug 2019

BENGALURU, Aug 5 Indian shares sank to a fresh five-month low, led by losses in metals and public sector bank stocks, following a global sell-off as investor fears were piqued by the escalating Sino-U.S. trade war in the broader Asian markets.

Indian shares track broader Asia lower on dovish Fed comments

01 Aug 2019

Aug 1 Indian shares began August on a sombre note on Thursday, tracking losses in broader Asia, after U.S. Federal Reserve Chair Jerome Powell said Wednesday's 25 basis-point rate cut was not the start of a lengthy easing cycle that investors were hoping for.

CORRECTED-Indian shares edge lower on Asian cues, weak results

31 Jul 2019

* Coffee Day sinks 20% more to record low, chairman found dead

Nifty, Sensex edge higher tracking broader Asia

30 Jul 2019

BENGALURU Indian shares edged higher on Tuesday, tracking broader Asia ahead of a widely expected rate cut by the U.S. Federal Reserve.

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