european union


May sees off pro-EU rebellion, wins vote for 'smooth' Brexit

Jun 21 2018 | 6 hrs ago

As the government won the vote 319 to 303, the Prime Minister dubbed it as a crucial step in delivering a smooth Brexit

US withdrawal leaves vacuum at UN rights forum

Jun 20 2018

China, Britain and the European Union lamented Washington’s decision to withdraw from the U.N. Human Rights Council as Western countries began looking for a substitute for the coveted seat.

Macedonia's parliament ratifies name agreement with Greece

Jun 20 2018

The Macedonian parliament formally ratified a landmark name agreement with Greece, paving the way for Skopje’s admission to NATO and the opening of accession talks with the European Union.

Rupee takes U-turn, jumps 30 paise to 68.08 a dollar

Jun 20 2018

The rupee staged a good comeback, recuperating by a sharp 30 paise to end at 68.08 against the US currency on heavy bouts of dollar selling by banks and exporters with equities gaining ground.

Former UK financial district leader sees 75,000 Brexit job losses

Jun 20 2018

A former leader of London’s financial district believes Britain is unlikely to get generous access to the European Union financial market after Brexit.

May faces new battle in parliament over Brexit

Jun 20 2018

May faces a showdown with rebels in her Conservative party after refusing to accept demands for parliament to have a “meaningful vote” on Brexit.

German, French ministers suggest fund to create incentives for reform

Jun 20 2018

Germany and France’s economy ministers said that EU’s future economic success depended on more structural reforms, perhaps encouraged by a special fund.

Rupee dives to near one-mth low at 68.38 as trade war fears rise

Jun 19 2018

The rupee nosedived 39 paise to hit a near one-month low of 68.38 against the US dollar as escalating trade threats between the world's two biggest economies continued to spiral.

Ifo institute revises down German growth forecasts for 2018-2019

Jun 19 2018

Ifo institute said it expected the German economy to grow by 1.8% this year and next, citing a weak start to the year and increased risks as reasons for revising down its previous forecasts.

Bank of England to keep rates steady as winter chill slow to lift

Jun 19 2018

Bank of England will be looking to see if Britain’s economy has recovered from a severe winter chill as it weighs the prospects for a future interest rate rise this week.

Indian Markets


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Stocks In News



I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports


3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr


RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1


SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets


Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body


Have not received any notice from ED on FEMA violations


U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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