The recovery is looking good from the home-front. The last time we looked so good was one year ago, exactly. And we all remember what happened then. Let’s play “Name That Year of the Recovery.” In the first quarter of this Mystery Year, the economy adds more than 200,00…

Read More..

The London-listed Vedanta Resources is giving final touches to a merger of Sesa Goa with Sterlite Industries, creating a Rs 40,000-crore metals giant. As part of the grand restructuring initiated by Anil Agarwal, even Cairn India may get realigned with the new entity. Sesa Goa has a curr…

Read More..

Oil and Natural Gas Corporation (ONGC) has rallied 5% to Rs 295 on reports that the overseas investors have assured the government they would buy up the proposed 5% stake sale in the company. “The representatives of various funds from Singapore, the Middle East and London, who met fina…

Read More..

After hitting the six-month high level last week, stock markets are likely to see a downward trend this week with investors booking profits, analysts said. “Stock market has seen one of the biggest run-ups recently. Strong FII inflows have helped the rise. Retail investor interest …

Read More..

Markets to remain closed on Monday – 02-20-12 on account of Maha Shivratri …

Read More..

Wall Street stocks rose on Thursday, with the Dow rebounding from its sharpest loss of the year, but gains were limited despite signs of an improving US economy. The Dow Jones Industrial Average was up 59.79 points, or 0.47%, at 12,840.74. The Standard & Poor’s 500 Index was u…

Read More..

By Richard Hubbard LONDON (Reuters) – European shares fell and the euro eased to a 3-week low on Thursday as a delay in a decision on a crucial bailout for Greece unnerved investors and prompted a pause in the market rally that has marked the start of 2012. A three-hour teleconfer…

Read More..

Bear markets or bull markets, it’s an unchanged down story for the Indian mutual fund industry on equity investors’ base. The steep rally in the stock markets since January 1 has only intensified exodus of retail investors from MFs. According to the Securities and Exchange Board of I…

Read More..

Globally, markets are not reflecting the imminent recession in Europe, says Jim Walker, renowned economist and managing director at Asianomics. Currently in India for the IIFL Global Investors’ Conference, Walker tells Samie Modak the current rally is driven by misplaced hope about Euro…

Read More..

New Delhi: As tension mounts following Monday’s attack on an Israeli embassy car in New Delhi, Israel may hit Iran where it hurts the most, by targeting its oil and nuclear facilities. Israel may strike Iranian targets using its F-16 and F-15 fighters and bombers crossing the Iraqi …

Read More..