Author Archives: admin
Greece Debt Crisis
Greece Debt crisis and and European sovereign debt crisis is making headlines for quite some time and now world markets are struggling to move up due to the latest developments in Greece and European union. After 2007 financial crisis most … Continue reading
Sensex Surges 2%, Tata Motors, Sesagoa, Tata Power, DLF gain
Today Indian markets closed with considerable gains closing almost at day’s high levels even though global markets were not very supportive. Sensex closed at 16,557 up 324 points or 2% and Nifty closed at 4979 up 91 points or 1.87%. … Continue reading
New Telecom Policy Draft : Free Roaming, Up Broadband Speed
Union Telecom Minister Kapil Sibal Today unveiled the new telecom policy draft which promises to remove the current roaming tariff, implement one nation one license regime which will effectively remove the difference between local and STD calls, full number portability … Continue reading
Down Jones plunges 634 points
US markets yesterday plunged more than 5% after S&P downgrades US credit rating to AA-Plus status – an unprecedented move due to spiraling US debt. Dow Jones Industrial Average dropped 5.5% or 634 points – its 6th biggest point loss … Continue reading
Nissan Micra Diesel | Viewsonic ViewPad | Nikon D7000
Nissan Micra Diesel Price, Variants, Mileage Yesterday Nissan Motor India launched much expected diesel variants of its recently launched small car Micra in India. Nissan Micra Diesel is powered with SOHC, 8 valve, 4 cylinder, 1.5litre Common Rail Direct Injection … Continue reading
Sensex closes 91 points lower
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,476.93 points, closed at 19,411.56 points, 84.62 points or 0.43 percent down from its previous close at 19,502.11 points. At the National Stock Exchange (NSE), the … Continue reading
RBI Hikes Repo and Reverse Repo Rates
Today Reserve Bank of India in its mid-quarter review raised its main lending rate (repo) by 0.25 percentage and its borrowing rate (reverse repo) by 0.50 percentage point as it continues with the monetary tightening measures to cool inflation. Home, … Continue reading
SBI considering merger of associate banks
India’s largest public sector bank State Bank of India is considering all options to merge its five associate banks – State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State … Continue reading
NSE to start Mobile Trading
To increase the reach National Stock Exchange is gearing up to launch trading from mobile phones through 800 registered brokers by October 2010. With this new mobile trading infrastructure setting up by NSE and 800 brokers will help around 1.2 … Continue reading
Indian Rupee at 1 month low
Indian Rupee on Tuesday crossed the 47 mark at the foreign exchange market due to the plunge in the global stock markets and strengthening of the US dollar. Yesterday Rupee was closed at 46.91/92. Sensex and Nifty also in the … Continue reading