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Watch: How Indian stock markets will react if US Fed hikes interest rates ...

Watch: How Indian stock markets will react if US Fed hikes interest rates ...

If the Fed lays out an aggressive schedule of future rate increases, stock markets could become very volatile and even plummet, say strategists.


China caps overseas cash withdrawals amid capital flight fears

China caps overseas cash withdrawals amid capital flight fears

China UnionPay -- which provides almost all the country's bank cards -- will limit annual withdrawals to 100,000 yuan (USD 16,000) each year, China National Radio (CNR) said.

Sensex ends 54 points up ahead of key macro-economic data

The 30-share barometer resumed weak and touched a low of 26,307.07 before recovering to settle at 26,425.30, a net gain of 54.32 points or 0.21 percent.

Stocks crash, rupee weakens on capital outflows

Reflecting the free-fall in the stocks, the benchmark Sensex crashed below the psychological 27,000-level by tanking 722.77 points to 26,717.37.

Sensex dives 261 points to a 3-1/2 month low on tax worries

On its third straight fall Monday, the benchmark BSE Sensex plunged 261 points to a fresh three-and-a-half months low of 27,176.99 on sustained capital outflows and disappointing March quarter earnings so far.

IMF warns India of huge capital outflows when US hikes rate

IMF warns India of huge capital outflows when US hikes rate

IMF chief Christine Lagarde Tuesday warned of a repeat of high market volatility and capital outflows when US Fed hikes rates next time and asked India and other emerging markets to be prepared for such an eventuality.

Sensex falls to 1-1/2 mth low as Rupee, IIP data worry investors

BSE Sensex fell by 31 points to close at one-and-a-half month low of 27,319.56 due to continued selling in IT, FMCG, banking and oil stocks amidst disappointing economic data and capital outflows.

Sensex drops 192 points, closes below 26K level on capital outflows

The 50-issue CNX Nifty of the NSE dipped by 70.10 points, or 0.90 percent, to 1-1/2-week low of 7,721.30. The Nifty's drop was also its steepest since July 11 (down 108.15 points.)

US tapering won't have any big impact on India: FM

Chidambaram said the government is of the view that markets have already factored in the US Federal Reserve's decisions and "therefore is not likely to be surprised by these moderate changes".

India says better prepared to deal with Fed tapering

Globally, investors are awaiting the outcome of a Federal Reserve meeting on Wednesday for some clarity as to when the central bank will begin trimming its stimulus.

Remittances to help balance capital outflows: World Bank

Remittances to developing countries should swell 6.3 percent this year to USD 414 billion, flowing from workers abroad to their home countries and helping to offset volatile capital outflows, according to World Bank forecasts released on Wednesday.

India most vulnerable to capital outflows: Moody's

India is among the countries that are most vulnerable to capital outflows as it relies heavily on external funding, global credit rating agency Moody's cautioned Monday.

Mutual funds witness Rs 50,000 cr outflows in July

Investors pulled out a net amount of more than Rs 50,000 crore from various mutual fund schemes in July -- the highest outflow in five months.

Cos can use ECB for general corporate purposes: RBI

In order to encourage capital flows, the RBI on Wednesday eased the external commercial borrowing (ECB) norms by allowing companies to use funds raised from foreign partners for general corporate purposes.

Rupee hits new all-time low of 68.85 Vs dollar

The rupee on Wednesday plunged by 256 paise or 3.7 percent to close at an all-time low of 68.80 against the US dollar on strong demand for the American currency from banks and importers and persistent capital outflows.

Capital outflow controls seen hurting overseas drive

India's new restrictions on capital outflows are likely to delay overseas acquisitions and investment plans by India Inc at a time when many companies are scouting markets abroad to beat the domestic economic slowdown, bankers and companies said.

India has no plans to curb capital outflows: adviser

India has no plans to tax or impose restrictions on capital outflows, a top finance ministry adviser said on Monday, adding the government will instead focus on liberalising fund inflows into the economy, particularly via overseas borrowing.