The country’s foreign exchange reserves have swelled by a whopping $5 billion for the week ended November 29 to $291.3 billion aided by the twin concessional swap window which was made available by the Reserve Bank of India on September 4 to attract
The Reserve Bank of India (RBI) believes that they will have to build a robust market to provide ample opportunity for all kinds of trades, including the speculative trades.
The flow of positive data from the US continues unabated. The world's largest economy grew at an annualised rate of 3.6% in the third quarter of the calendar year, ahead of advance estimates of 2.8%. In the second quarter, the US economy grew by 2.5%.
The much-anticipated Rail Tariff Authority may not be formed this financial year. The authority which was expected to bring more transparency in setting rail tariffs has been delayed despite a Cabinet decision in place.
Cars will become costlier from January with major manufacturers Maruti Suzuki and Hyundai stating that they will hike prices from next month, joining the likes of Mercedes, BMW, Audi and Honda.
Off-late equity market has been abuzz with 'Namo Namo' chant while benchmarks gun for a piece of the moon each time the M-word is mentioned.Markets opened with a gap-up on Thursday after exit polls results hit the headlines, a day earlier.
Markets extended gains for a second consecutive session to close at its highest level in more than a month with the Sensex up 39 points or 0.2% at 20,996 and the Nifty gained 19 points or 0.3% to close the week at 6,260.For most part of the trading
Markets closed for the day on a positive note in an otherwise range bound trading session. The Sensex was up 82 points at 21,039 and the Nifty gained 32 points to end the day at 6,272 (provisional).
India Ratings today said stressed assets in the commercial vehicles (CV) loan books of lenders hit a new high of 3% in September quarter due to the lingering slowdown.
Power Grid Corp of India Ltd shares look ripe for profit-taking after rising nearly 6% since Monday's close on the back of good investor response to its $1.1 billion share sale, according to dealers.
Foreign institutional investors (FIIs) continue to pour money into the Indian equity markets with their net inflow in calendar year (CY) 2013 crossing a milestone figure of Rs 1,00,000 crore on Friday.
After a brief spell in the negative territory, markets regained some of its lost ground and are flat with a positive bias aided by gains in ITC, Coal India and ONGC.
Expectation of a higher dividend, attractive valuations and growth prospects on the back of an uptick in 3G usage saw the Bharti Infratel stock jump 5% in trade today.
The crucial meeting of the Foreign Investment Promotion Board to consider the Rs 10,141 crore proposal of UK telecom giant Vodafone to acquire the remaining stake in its Indian arm scheduled for today has been postponed for Monday.
Most emerging Asian currencies eased on Friday in thin trading with the Thai baht and the Philippine peso at three-month lows as investors stayed cautious before a key US jobs data for clues on when the Federal Reserve starts cutting its stimulus.
Shares of Jet Airways today rose by almost 4% amid reports that market regulator Sebi may again take up the open offer issue in the company's deal with Abu Dhabi-based airline Etihad.
Investors are no longer required to pay stamp duty relating to agreements on demat account under the new guidelines introduced by market regulator Sebi, a move that will help save costs during registration with the securities market.
Cairn India Ltd has bid for one oil and gas exploration block in Sri Lanka while ONGC Videsh did not bid for any of the 13 blocks on offer in that country mainly due to poor prospectivity.
Markets were trading flat in noon deals on Friday as gains in ITC and TCS among others helped offset most of the losses in index heavyweights and HDFC Group shares.
Narendra Kothari, currently CEO of SAIL's Burnpur plant, will take over as the new Chairman and Managing Director of state-run iron ore producer NMDC, which is running without a full-time head for the last two years.