Finance
Is the Maharashtra government dillydallying on ordering a CBI inquiry into the issue of the alleged illegal sale of Waqf land to industrialist Mukesh Ambani for his 27- storey ultra luxury home that is worth nearly $ 2 billion? .... more »
Verizon Communications Incthe second-largest U.S. phone carrier, will buy back as many as 100 million shares to return cash to investors as demand for smartphones such as Apple Inc.’s iPhone boosts earnings. .... more »
Preliminary census estimates also suggest the number of multiracial Americans has jumped roughly 20 percent since 2000, to more than 5 million. .... more »
General Motors Co., Ford Motor Co. and Chrysler Group LLC closed 22 assembly plants today because of a snowstorm in the U.S. Midwest. .... more »
U.S. airlines including United Continental Holdings Inc. and Delta Air Lines Inc. may see 2011 profits eroded as an indicator of jet-fuel costs surges to a two-year high. .... more »
On the day Sensex touched the 20,000 mark in January 2008, there was more good news to come. The worst economic recession in eight decades is finally over. .... more »
The Indian rupee rallied against the dollar on Friday, breaching the 46-level to trade at a three-month high of 45.85 at close of day. With the RBI increasing key policy rates in its mid-quarter review of the monetary policy, the interest rate differential between other countries and India becomes very attractive, said forex dealers. .... more »
All the sectoral indices were in the green with metals, oil & gas and IT stocks in the lead. According to analysts, the market may consolidate or witness some correction at higher levels… .... more »
Unveiling its latest monetary policy the RBI raised the two key policy rates— short-term lending (repo) rate and borrowing (reverse repo) rate—it kept Bank Rate, Cash Reserve Ratio (the portion of deposits that banks are required to keep with the central) and Statutory Liquidity Ratio (the portion of deposits that banks have to park in government securities) unchanged... .... more »
Foreign shareholding in the country’s two premier bourses, more so in the National Stock Exchange (NSE), has risen over the past year as global investors seek a slice of the firms that are expected to benefit the most from India’s growing capital market. .... more »
The Reserve Bank of India (RBI) is set to raise interest rates for the fifth time this year on Thursday as it looks to tame inflation running well above comfort levels in the fast-growing economy. .... more »
The contract was trading at Rs 19,242 at 12:37 p.m. Gold futures in India struck a fresh record high of Rs 19,250 per 10 grams on Wednesday afternoon, tracking gains in overseas markets, breaching the earlier peak of Rs 19,230 struck on Tuesday. .... more »
Supported by strong global cues Bombay Stock Exchange (BSE), which opened at 18,845.31 points, ended at 19,208.33 points, 408.67 points or 2.17 per cent up from its previous close at 18,799.66 points.
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The prices of Gold fell for third day on Saturday losing Rs 115 to trade at Rs 19,125 per ten gram in Bullion market in Capital on sustained selling by the stockist at an existing high level standard. .... more »
As fears of the European economy status receded, NIFTY outperformed the global market for the second consecutive day… .... more »
All other sectors opened in the green with the banking sector in the lead and even global stocks and the Wall Street closed with gains overnight… .... more »
Indian market continued their winning streak by hitting highest level in the past 31 months. The second day went high by strong fund buying in capital goods, cement and metal stocks despite the weak global cues. .... more »
The rupee slipped down to its lowest level in nearly a week on Tuesday hurt by the huge gains in U.S unit that bunched up dollar outflows. But the losses were further averted by mild gains in local share market. .... more »
Vedanta Resources Company Sterlite Industries saw its shares tank 8-10 % high mainly due to Vedanta proposed acquisition of Cairn India and Vedanta Aluminium’s (VAL) failure to acquire a secure mining license at Niyamgiri. Experts say, this is turning out to be a hot pick for investors. .... more »
Thursday closed on a dull note, though broader markets saw more buying activity. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), .... more »
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