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Sensex drops 417 points amid oil concerns; rupee rebounds

Mumbai: Benchmark equity indices ended lower Thursday after erasing gains made during the trading session, as investors assessed the inflation outlook amid a spike in oil prices and movements in bond yields that heightened concerns over potential rate hikes. The Sensex declined 417.49 points, or...

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Finance Minister Nirmala Sitharaman meets IMF chief Georgieva

Washington: Finance Minister Nirmala Sitharaman has met IMF Managing Director Kristalina Georgieva and discussed the global economic outlook and India's evolving growth trajectory. Sitharaman met Georgieva on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, in Asheville, Tuesday. "The discussion...

 

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