Brexit - Latest News, Analysis, Opinion

Rise in crude oil prices, advancement of monsoon, increase in salaries of government employees and higher global advices pushed up the market sentiment

The Yen As A Safe Haven: A Familiar But Painful Refrain For Japan

Economy India

The yen has appreciated sharply due to a perceived rise in global risk at least a dozen times since the mid-1990s, a study by the International Monetary Fund in 2013 showed

EU Trade Chief Says US Trade Talks Can Survive Brexit

EU Trade Commissioner Cecilia Malmstrom said her team is pressing ahead with talks over the Trans-Atlantic Trade and Investment Partnership and is still negotiating on behalf of Britain as a member state

Asia Stocks Rise As Post-Brexit Rebound Continues, Yen Stays Flat

Still, expectations that major central banks will ease monetary policy in the wake of Brexit have buoyed risk assets globally

Market Paces Up, Sensex Climbs 241 Points Amid F&O Expiry

Rising global stocks had a rub-off on Indian market on Thursday as the Sensex surged by about 241 points, with Brexit fears slowly starting to subside amid the June derivatives expiry.

London Mayor Sadiq Khan Appoints Indian-origin Millionaire Rajesh Agarwal As His Deputy

London's Pakistan-origin mayor Sadiq Khan has announced an India-born millionaire as his deputy for business to champion the city's financial interests amid the fall-out of the EU referendum

British PM Cameron Says Hard Times Ahead But Will Not Abandon Fiscal Rules

Prime Minister David Cameron warned on Wednesday that Britain faces troubled economic times after it voted last week to leave the European Union, but said the government would not abandon its rules on limiting public spending

Sensex Rallies 216 Points On Govt Wage Bonanza, GST Hopes

Shaking off Brexit jitters, market on Wednesday rallied nearly 216 points on the back of a string of government measures aimed at reviving the economy and talk that the GST Bill may be passed in the upcoming monsoon session of Parliament

CAD May Slip Below 1% This Fiscal, Says Arvind Subramanian

Economy Indicators

Current Account Deficit may dip below 1 per cent in FY17 owing to low global crude prices, while the Brexit is likely to impact India as the global economy will slow down after Britain's decision to leave the EU, Chief Economic Advisor Arvind Subramanian said

Gold Rebounds As Economic Worries Linger After Brexit Vote

Companies & Markets Markets

Spot gold was at its highest relative to platinum on record this week as institutional and retail investors have piled into bullion following the shock referendum verdict

Britain Wins Brexit Breathing Space At Gloomy EU Summit

After hours of talks in Brussels, EU President Donald Tusk said that he understood that time was needed 'for the dust to settle' in Britain before the next steps can be taken

India's Growth May Dip By 60 Bps On Brexit: Morgan Stanley

Economy India

Brexit is likely to have an adverse impact on India's growth with domestic GDP expected to decline by up to 60 basis points in a high-stress scenario within the next two years

Market Tries To Recover From Brexit Blow, Sensex Up 122 Points

Bargain hunting bailed out markets on Tuesday as the Sensex rebounded by almost 122 points, taking comfort from a positive close in Asia despite contagion fears of the Brexit fallout looming large

Gold Falls As Investors Book Profits After Brexit-Driven Rally