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MPC minutes show RBI mulled bigger rate cut…

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) at its rate review held during the February 5-7 meeting considered a much bigger repo rate cut than the 25 basis points r…

ING to sell 1.20% stake in Kotak Mahindra…

NEW DELHI: ING Group will offload around 1.20 per cent stake in Kotak Mahindra Bank via block deal on Friday. There are expectations that the offer price will be at 3-5 per cent discount to…

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China stocks reverse gains as benchmark rate cut…

SHANGHAI: Chinese stocks surrendered gains to end lower on Thursday, as enthusiasm over progress in trade talks with the United States gave way to concern that Beijing will not resort to aggressive interest rate cuts…

America's oil boom on fire even as wildcatters…

By Kevin Crowley and Rachel Adams-HeardAmerica’s surging shale oil production shows little signs of abating despite industrywide spending cuts, as explorers learn to do more with less. Almost all the independent producers have reduced their…