Berkshire Hathaway Inc is adding to its shareholdings of two US companies amid a market dip, billionaire investor Warren Buffett said on Monday. Buffett, Berkshire’s controlling shareholder, also forecast record results this year for Berkshire’s largest non-insurance business…

Read More..

As foreign investors look forward to reassurance from Pranab Mukherjee on the pending General Anti-Avoidance Rules (GAAR), it is deferred by a year. The Finance Minister has said today that GAAR provisions will be applicable only from April 2013, reports CNBC-TV18. Mukherjee said that th…

Read More..

Nifty did give a negative breakout below 5130 levels on Friday. As of now next target seems to be 4950. It has strong resistance now at 5150-5160 levels and support at 4930-4950. Click on the chart below to enlarge: …

Read More..

By Edward Krudy NEW YORK (Reuters) – Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world’s top economy raised the biggest question mark yet about the prospects for U.S. growth. Employers reduced hiring for t…

Read More..

Asian shares fell for a second successive day on Friday as another batch of lacklustre US data stoked concerns that the recovery in the world’s biggest economy is faltering. The euro was steady after a bumpy session on Thursday, when European Central Bank chief Mario Draghi gave a …

Read More..

Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure In March, euro zone finance ministers signed a second Greek bailout package, worth euro 130 billion. Probably, taking a cue from this,…

Read More..

Selling of pledged shares, along with resignation of 4 directors within a month has prompted fears that something is deeply amiss with the company Varun Industries recently hit a 52-week low Rs42.65 on the National Stock Exchange (25 April 2012) amidst share pledging by the promoters a…

Read More..

The markets on Wednesday gave a thumbs-up to Bharti Airtel, the country’s largest telecom service provider, despite it posting a decline of 28 per cent in its consolidated net income, the ninth straight quarterly drop, to Rs 1,006 crore during the fourth quarter ended March 31. Nev…

Read More..

Markets are trading in a narrow range in the noon deals. The Sensex is up 67 points at 17,386 and the Nifty has advanced 20 points to 5,268 levels. The Sensex has traded ina range of 70 points in trades so far. The Asian markets were trading higher. The nikkei advanced 0.3% to 9,380,…

Read More..

India’s exports fell an annual 5.7% to $28.7 billion in March, while imports rose 24.3% to $42.6 billion, government data showed on Tuesday. The trade deficit was at $13.9 billion. Oil imports rose 32.5% to $15.8 billion. India’s exports rose an annual 21% to $303.7 billion …

Read More..