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US Fed must provide guidance on tapering stimulus: India

Last Updated: Friday, February 21, 2014, 21:07

Raising concerns of emerging economies over the impact of tapering, India on Friday said the US Federal Reserve should provide guidance and withdraw the monetary stimulus in a calibrated manner.

Gold price snaps 5-week uptrend on US growth, weak China demand

Last Updated: Saturday, February 01, 2014, 06:21

Gold posted a 2 percent loss for the week, after five straight weeks of gains.

Fin Min says rupee on stronger footing, assures stability in markets

Last Updated: Thursday, January 30, 2014, 19:43

The Finance Ministry on Thursday said the government and RBI are vigilant and all steps will be taken to ensure stability in financial markets.

Global stock selling pauses ahead of central bank meetings

Last Updated: Wednesday, January 29, 2014, 00:48

Investors have been shaken this week as jitters about the withdrawal of U.S. monetary stimulus and slowing Chinese growth have amplified country-specific political turmoil, from Turkey to Thailand to Argentina.

Gold price near one-month high as stocks drop on US growth fears

Last Updated: Tuesday, January 14, 2014, 11:14

Gold last traded at USD 1,252.00 an ounce Tuesday, not too far from a one-month peak of USD 1,254.80.

Gold price rallies to highest in a month, reclaims $1,250 level

Last Updated: Monday, January 13, 2014, 12:52

Gold last traded up 0.4 percent at USD 1,251.60 an ounce after hitting USD 1,254.05 earlier - its highest since December 12.

Weak jobs growth unlikely to derail QE cuts: Fed officials

Last Updated: Saturday, January 11, 2014, 03:14

Another cut to bond purchases appears in the offing this month despite data that showed U.S. jobs growth slowed sharply in December, two top Federal Reserve officials said on Friday.

US job growth falters as cold weather grips nation

Last Updated: Saturday, January 11, 2014, 01:59

U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.

Gold price recovers after two days of losses

Last Updated: Thursday, January 09, 2014, 23:06

Spot gold was up 0.4 percent at USD 1,231.00 an ounce, while US gold futures for February delivery were up USD 4.00 an ounce at USD 1,229.50.

Gold price recovers from 3-1/2-year closing low

Last Updated: Saturday, December 21, 2013, 09:37

Gold prices are down around 3 percent this week, and some 28 percent year-to-date, set to end a 12-year consecutive run of gains.

India better prepared to deal with US Fed tapering: Chidambaram

Last Updated: Thursday, December 19, 2013, 12:27

Worries over the Fed's possible tapering had triggered massive capital outflows this summer from emerging markets.

India says better prepared to deal with Fed tapering

Last Updated: Wednesday, December 18, 2013, 17:26

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.