Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for the economy at its September meeting. The Dow Jones industrial average was up 134.64 points, or 1.21%, at 11,284.46, according the latest available fig…

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New Delhi: Anna Hazare is ready to negotiate directly with the Government to end the deadlock over the Lokpal issue with his old time supporters telling CNN-IBN that Arvind Kejriwal and Kiran Bedi are proving to be main hurdles to talks. The supporters, who have worked with Hazare for man…

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Talks begin between Team Anna and UPA government, even as Anna is advised hospitalisation and drips, both of which he refuses. According to Team Anna, there are three sticking unresolved points between the Lokpal version and the Jan Lokpal version, on which, the government is slated to co…

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By Ashley Lau NEW YORK (Reuters) – Stocks bounced on Tuesday with major indexes rising more than 2 percent as investors jumped into the market before a highly anticipated address by Fed Chairman Ben Bernanke later this week. Technology and other growth stocks drove much of the mar…

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Markets off day’s low SI Reporter / August 23, 2011, 11:21 IST The Sensex slipped over 200 points from an opening high of 16,447, to touch a low of 16,213. The index, however, has recovered from the day’s low, and is now down 30 points at 16,312. The NSE Nifty is down fi…

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Indian equity markets, which have been going through one of their longest losing streaks in recent history, might see some respite during the week as domestic institutions accelerate their buying activity. Experts, however, say any upswing would be temporary as global sentiment remains ex…

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Traders to bet big on silver as correction in yellow metal is imminent. As gold prices become costlier, and riskier at these very high levels, market players fear an imminent correction in it. This has tempted speculators and physical traders to bet big on silver. At Zaveri Bazar here, …

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After a few days of relative calm, Indian equity benchmarks closed with enormous cuts, with the NSE Nifty closing below 5000 for the first-time since June 2010, nearly 15-month low. It was a complete free-fall on the Dalal Street on Wednesday, dented by the fears about recovery in the Eur…

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Mahanagar Telephone Nigam Limited (MTNL) is trading 3% lower at Rs 36.55, extending its three day fall of over 13%, after widening its net losses by 88% to Rs 850 crore for the first quarter ended June 2011 mainly on account of expenditure on staff cost and retirement benefits. The compan…

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Germany had been helping to drive the economic recovery in Europe Growth in the German economy slowed sharply between April and June and was weaker at the start of the year than previously thought, figures show. The economy grew by just 0.1% in the quarter, according to provisional figu…

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