MUMBAI, Dec 18 Reuters The Indian rupee on Monday will likely face challenges amid weakness in Asian peers after top Federal Reserve officials downplayed expectations of imminent interest rate cuts. Nondeliverable forwards NDFs indicate the rupee will open at around 83.0283.04 to the U.S. dollar, compared with its previous closing at 83.00. The rupee on […]

Dec 18 Reuters Major Gulf markets were subdued in early trade on Monday after the New York Federal Reserve president pushed back against expectations of imminent rate cuts, although rising oil prices limited losses. New York Fed President John Williams on Friday said the central bank remained focused on bringing inflation down to its target of 2 […]

BENGALURU, Dec 18 Reuters Foreign portfolio investors FPI were major buyers of Indian equities in the first half of December, making the highestever purchases in a fortnight, National Securities Depository data showed. Lower U.S. bond yields on expectation of interest rate cuts by the Federal Reserve, the Reserve Bank of India raising India39;s growth forecast, and state election results setting the stage for […]

Vodafone jumps as Iliad offers to merge Italian units Entain gains on Jefferies upgrade FTSE 100 rises 0.4, FTSE 250 up 0.2 Dec 18 Reuters The UK39;s FTSE 100 advanced on Monday as heavyweight energy stocks rose, tracking strength in crude oil prices, while Vodafone39;s shares topped the index after telecom firm Iliad submitted a […]

LONDON, Dec 18 Reuters The pound held steady against the dollar on Monday but eased against the euro after two straight days of gains as investors considered the likelihood of interest rates remaining higher in Britain than in most other major economies next year. The Bank of England last week pushed back against market pricing […]