Companies hire at slow pace for 3rd straight month Private employers added 71,000 jobs in July; unemployment rate unchanged at 9.5 percent Christopher S. Rugaber, AP Economics Writer, On Friday August 6, 2010, 10:34 am WASHINGTON (AP) — Companies showed a lack of confidence abo…

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Markets likely to see a flat opening. Resistance for nifty is at 5485 and support at 5390. Buy Automotive Stampings & Assemblies Ltd at 106.70, target: 112. Stoploss: 103. …

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The market regulator has accessed its IMSS to get precise data of precisely who traded in the shares in the first few minutes and what caused this bizarre difference in the listing price The Securities and Exchange Board of India (SEBI) has commenced investigation into the strange price …

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Declines to be part of banks’ sector-wide loan recast; move may weigh with RBI. Jet Airways, India’s largest passenger airline, has disassociated itself from a move to restructure the ballooning debts of the aviation industry. The debt recast initiative has been launched by Indian Ba…

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By Courtney Schlisserman – Jul 31, 2010 9:30 AM GMT+0530 Sat Jul 31 04:00:33 UTC 2010 The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending. The economy in the U.S. grew at a slower-than-forec…

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Markets today ended with a loss ahead of the RBI policy review due on Tuesday. Selling pressure in auto stocks also dampened investor sentiments. The Sensex touched a high of 18,194 on opening but failed to hold on to gains as auto heavyweight, Maruti Suzuki, crashed on weak numbers. The…

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Gems and jewellery exports jumped 75 per cent to $3.08 billion in June on increasing demand from major markets like the US and Europe. Exports stood at $1.76 billion in the same month last fiscal, according to the Gems and Jewellery Export Promotion Council (GJEPC) data. “There is…

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Stephen Bernard, AP Business Writer, On Thursday July 22, 2010, 1:59 pm NEW YORK (AP) — Stocks surged Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Encouraging signs of growth in Europe added to the upbeat mood. Traders larg…

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Stephen Bernard, AP Business Writer, On Wednesday July 21, 2010, 4:15 pm NEW YORK (AP) — Stocks have closed sharply lower after Federal Reserve Chairman Ben Bernanke confirmed investors’ fears that the economy has weakened. And interest rates are down sharply in the Treasury…

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Jignesh Shah-led group firm MCX Stock Exchange (MCX-SX) has moved the Bombay High Court against market regulator the Securities and Exchange Board of India (Sebi) for not allowing it to start equity trading despite complying with all regulations. In a writ petition filed yesterday, MCX-S…

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