WASHINGTON: It’s a difficult balancing act for President Barack Obama and his economic policymakers. Where some economists see “green shoots” of a recovery others see only yellow weeds of continuing recession. It’s hard to know for sure whether things are getting …

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MUMBAI: Indian infrastructure stocks are not cheap after a surge since early March, but could see earnings upgrades later this year, making valuations reasonable, the manager of the country’s oldest infrastructure mutual fund said. The environment has turned positive given improv…

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MUMBAI: India’s gross borrowing target for 2009/10 may be raised to 4-4.25 trillion rupees but revenue from divestment and auction of telecom Money spectrum will mitigate the effect of larger supplies, Edelweiss Securities said on Thursday. At its interim budget, the government h…

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NEW DELHI: Subzero inflation has finally come to India with inflation dropping by 1.6% in first week of June to ten months after inflation peaked at 12.9% in early August. Annual inflation was at 0.13% in the week before. India’s negative inflation patch – negative inflation i…

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Results today: Zee News, Gujarat Alkalies, TV Today, Prithvi Info, Opto Circuits, Dish TV, Surya Roshni Aircel – Exclusive: -Aircel, Huawei close to signing $400 million outsourcing deal -Deal for managed services across Andhra Pradesh, TamilNadu, Kerala and Karnataka for 3 years…

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Gird your loins to ride out the global economic storm, and don’t get diverted by pleas for unending tax cuts and stimulus packages that will empty the treasury without ending the storm. That should be the approach of finance minister Pranab Mukherjee in his coming budget. He will surel…

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From PTI: Godrej Consumer -Godrej Consumer Products acquires 50% in JV with Swedish SCA hygiene products -CNBC-TV18 ALERT: Godrej already held 50% in the JV Board meets today -WWIL, GSFC, Spice Communication, Trent, SICAL Logistics: Results -Indowind: To consider FCCB issue -Kaaveri…

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At least a dozen advertisers, including Reliance Communications, Nokia, Pepsi, Hero Honda, Maruti and Visa among others, and host broadcaster ESPN STAR Sports may find themselves on a sticky wicket with India’s exit from the current world Twenty20 cricket tournament. Advertisers are in…

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It was a bad start to the week. Picking up those negative cues from Asia, markets started selling off through the day, aided by that underlying fatigue seen last week. The High Court ruling against Reliance Industries put heavy pressure on that stock dragging the benchmarks with it. Apart…

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The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, …

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