World markets rise ahead of Europe debt sales after overnight gains on Wall Street Pamela Sampson, AP Business Writer, On Wednesday January 12, 2011, 3:51 am EST BANGKOK (AP) — World stock markets climbed Wednesday, pushed higher by an overnight rise on Wall Street following a pl…

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The US is reeling under high unemployment, which is often blamed on India’s Business Process Outsourcing (BPO) sector, which is accused of pulling out jobs from the US to India. That should mean great business for BPOs, right? Well, BPOs remain one of the largest employers and high…

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Engineering company Greaves Cotton today said it has won a 10-year contract from Tata Motors to supply small diesel engines for its new half-tonne truck — Ace Zip — which is expected to be launched in the first quarter of this fiscal. “Greaves has developed a 600cc engi…

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Police baton-charged protesters in the Bangladeshi capital Dhaka on Monday, witnesses said, as angry investors vented their fury after the stock market fell more than nine per cent in an hour. The Dhaka Stock Exchange halted trading after stocks fell a record 9.25 per cent within an hour…

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With the BSE benchmark Sensex losing nearly 4 per cent last week, stock markets are banking on IT giant Infosys quarterly results, slated for this week, to lift the sentiment which has been battered by fears of interest rate hike in view of rising inflation, say experts. Analysts feel th…

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January seems to be the favorite month of the bears. Its been 4 yrs in a row we have seen a big correction in Markets in the month of Jan. Famous crash of the 2008 began in the month of January where Nifty corrected from 6300 levels to 5300, In the year 2009 again we saw a fall from 310…

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Bernanke: 4-5 years to reach normal unemployment; $600B support program still needed Jeannine Aversa, AP Economics Writer, On Friday January 7, 2011, 12:49 pm EST WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke sketched a more optimistic view of the economy Friday but sai…

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The Sensex may close the last trading day of the week shedding more than 300 points. The markets were negative for the major part of the day as there was a sell off in the auto and metal sectors. The BSE benchmark index is currently down 332 points at 19,852 and the Nifty has lost 98 poin…

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MUMBAI (Reuters) – India Infoline said on Thursday its plan to buy back equity shares would not commence from January 6, as announced earlier, pending a regulator approval. The company had said on Dec. 23, its board had approved buying back up to 10 percent of equity at a maximum p…

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Putting an end to a volatile session, the markets closed the day in the red. The key benchmark index, Sensex lost 62 points to end at 20,498 and the Nifty shed 11 points at 6,146. In the broader markets, the midcaps shed 0.2% and the smallcaps ended flat at 9,841. In comparison, the Sens…

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