MUMBAI: Market regulator Securities and Exchange Board of India (SEBI) on Wednesday expressed its displeasure about overseas stock lending operations by foreign institutional investors (FIIs) to a select group representing these institutions. …

Read More..

Leftists claim that the global financial crisis was caused by reckless deregulation and greed. Rightists blame half-baked financial regulations and perverse incentives. Actually, the financial sector is deeply regulated, with major roles for both the state and markets. It was not one or …

Read More..

Oil fell over $1 to around $71 a barrel on Wednesday, extending a 4 per cent slide in the previous session, on mounting worries that output cuts by OPEC will not be enough to offset slackening energy demand in leading consumers. …

Read More..

Just 24 hours after Prime Minister Manmohan Singh sought to assuage the nation’s concerns about the global financial crisis, stating that India must be prepared for “a temporary slowdown” even as his government is working to minimise the impact of the crisis, Rajya Sabha’s Questio…

Read More..

NEW YORK: Billionaire investor Warren Buffett is buying US stocks, he wrote in an opinion column in the New York Times. “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” Buffett wrote in the paper. …

Read More..

MUMBAI: With stock markets continuing their downslide, the country’s elite club of most valued firms lost over Rs 94,000 crore in a week, though SBI defied the trend and added nearly Rs 4,000 crore to its market capitalisation. …

Read More..

LONDON/AMSTERDAM: Dutch financial group ING is in talks with the Dutch government about a state-backed cash injection estimated to be worth up to 9 billion euros ($12.12 billion), the Sunday Times reported. The Netherlands’ biggest listed bank, which said on Friday that it was about…

Read More..