Indian currency seen 10% overvalued based on real effective exchange rate; Sensex drops to 5-month low as foreign investors satiate appetite elsewhere The weakness in the equity markets percolated to the currency market as the rupee breached the psychological 64 per dollar mark for the f…

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Stock markets to remain closed on Friday (01-05-15) on account of Maharashtra day. …

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(Reuters) – India on Wednesday eased rules on testing gas finds, which will help Oil and Natural Gas Corp and Reliance Industries unlock reserves of about 90 billion cubic metres worth 1 trillion rupees ($15.8 billion), a government statement said. The 12 discoveries – six ea…

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With more than half of Nifty 500 stocks below 200dma, markets may see further correction. Technically nifty has strong support at 8280-8300 (Closing basis). A close below this can take nifty lower to 8100 levels in near term. It is possible markets see a small short covering bounce before…

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Japanese firm raises $3.2 billion; Goldman Sachs, Singapore govt, Aranda lead stake buy; Sun stock dips 9% In the largest bulk deal on Dalal Street, Japanese pharmaceuticals giant Daiichi Sankyo on Tuesday sold its entire 8.9 per cent stake in Sun Pharmaceutical Industries for $3.2 billi…

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Send TRAI your views, protect the Internet. Send an email to TRAI. Click here: #NetNeutralityIndia and #SaveTheInternet …

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Markets to remain closed on Tuesday (14-04-15) on account of Dr. Baba Saheb Ambedkar Jayanti …

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Stock markets to remain closed on Thursday (2nd April) and Friday (3rd April) on account of Mahavir Jayanti and Good Friday …

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MSCI’s index of Asia-Pacific shares outside Japan up 0.7% Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. Tracking overnight gains…

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SANAA, Yemen — President Abed Rabbo Mansour Hadi fled Yemen by sea Wednesday as Shiite rebels and their allies moved on his last refuge in the south, captured its airport and put a bounty on his head, officials said. Hours later, Saudi Arabia announced it had begun airstrikes agains…

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