 |
| Established
1999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Stock Movers
|
|
|
|
|
|
|
| India Proposes Higher Spending, Borrowing and Taxes in Union Budget |
|
| 12:57 PM ET March 16 2012 |
|
Finance Minister Pranab Mukherjee unveiled central government budget for the next fiscal year that will increase government spending by 18%, raise government borrowings by 7% and proposes to retroactively tax overseas mergers that involve Indian assets. |
|
| Hong Kong, India Lead Asian Markets Advance |
|
| 10:24 AM ET January 03 2012 |
|
Asian markets traded higher after China reported better than expected manufacturing data. Market indexes gains were in a check after crude oil increased 3%. Markets in Japan, mainland China, Japan and Thailand were closed. |
|
| India Hopes Foreign Retailers Will Lower Food Inflation |
|
| 5:28 PM ET November 24 2011 |
|
India’s cabinet approved a new measure to liberalize its organized retail sector that will allow foreign retailers to increase their stakes to 100%. The latest reform is expected drive many small retail shops out of business and is widely opposed by the leading opposition parties. |
|
| Asian Markets Drop 2% on U.S. Jobs Report |
|
| 11:03 AM ET September 05 2011 |
|
Asian markets slid following the weak U.S. employment report. The market index in Korea led the region with a loss of 4% and the index in Hong Kong fell 3%. The indexes in Shanghai, Australia and Taiwan dropped more than 2% and in India declined 0.6%. |
|
| Sensex in India Rebounds After 4-day Losses; Idea Cellular Net Up 13% |
|
| 8:57 AM ET June 14 2011 |
|
Stocks in Mumbai traded after four days of losses. The latest wholesale inflation data showed elevated inflation prompting worries of another rate hike. Ideal Cellular increased after fourth quarter net increased 13% and added net 10 million new subscribers. |
|
| Sensex Erases 0.6% Loss; Reliance Buys Bharti Stake of Insurance Venture |
|
| 8:13 AM ET June 13 2011 |
|
The benchmark index in Mumbai dropped as much as 0.7% on the weakness in international markets. Stocks recovered to erase all the losses at close. Reliance Industries agreed to acquire majority stake in insurance venture controlled by Bharti Enterprises. |
|
| India's Auto Sales Drop to 2-year Low; Stubborn Inflation |
|
| 8:54 AM ET June 09 2011 |
|
Stocks in Mumbai declined ahead of factory output data tomorrow. The latest inflation data showed an increase in food prices and wholesale prices rose 0.5%. Automakers declined after May unit sales rose at the slowest pace in two years. |
|
| Stocks in India Close Higher; Infosys Up, Automakers Down |
|
| 9:24 AM ET June 07 2011 |
|
Stocks in Mumbai traded sideways but on a rising volume. Software services exporters closed higher on new order wins and automakers closed lower ahead of expected natural gas price increase as early as tomorrow. The rupee held firm. |
|
| Sensex in India Drifts 1% Lower; Reliance Industries Drops 1.7% |
|
| 9:18 AM ET June 03 2011 |
|
Stocks in Mumbai trading closed lower on the rising commodities prices and persistent inflation worries. Reliance Industries plans to be debt free at the end of the current fiscal year. Reliance Industries stock fell 1.7% on the natural gas output worries. |
|
| Sensex in India Falls 0.6%; Hero Honda Sales Up 15% |
|
| 9:26 AM ET June 02 2011 |
|
Stocks in Mumbai trading closed lower following a weakness in Asian markers. The global economic slowdown worries dragged Asian markets between 1.2% and 2.3%. In addition, the latest read on wholesale inflation did not show any significant improvements. |
|
| More
News... |
|
|
|
|
|
|
|
|
|
| |
AMERICAS |
|
|
|
%
Change |
 NYSE |
7,988.02 |
0.60
|
| NASDAQ |
2,874.04 |
-0.68
|
| S&P 500 |
1,324.80 |
-0.44
|
| Russell 3000 |
784.05 |
-0.48
|
 TSX |
11,326.08 |
-0.15
|
 Bovespa |
56,028.30 |
-0.50
|
|
| |
EUROPE |
|
|
|
%
Change |
 FTSE 100 |
5,405.25 |
-0.60
|
 DAX 30 |
6,384.26 |
-0.26
|
 CAC 40 |
3,048.67 |
0.31
|
 SMI |
5,872.73 |
0.13
|
|
|
| |
ASIA |
|
|
|
%
Change |
 Nikkei 225 |
8,801.17 |
-1.12
|
 Hang Seng |
19,259.83 |
-3.19
|
 CSI 300 |
2,574.65 |
-1.63
|
 Sensex 30 |
16,030.09 |
-1.83
|
 ASX 200 |
4,165.53 |
-2.36
|
 JCI |
3,980.50 |
-1.61
|
 SET |
1,171.23 |
-1.12
|
 Kospi |
1,840.53 |
-3.08
|
 KLC |
1,536.04 |
-1.60
|
|
|
 |
| |
|
Commodities |
|
|
|
|
Change |
| Gold |
$1,540.3000 |
-$3.2000
|
| Silver |
$27.1450 |
-$0.5050
|
| Copper |
$3.4715 |
-$0.0235
|
| Crude oil |
$92.8300 |
-$0.3900
|
| Natural Gas |
$2.6310 |
$0.1280
|
| Corn |
$6.2000 |
$0.2275
|
| Wheat |
$6.3875 |
$0.3025
|
| Sugar |
$0.2073 |
$0.0033
|
| Soybean |
$0.0100 |
$0.0000
|
|
|
|
More
Charts... |
|
|
|
|
|
|
March Exports Drop 5.7%, Imports Up 24.3%; Trade Deficit Widened
May 01, 4:29 AM ET |
|
|
|
March exports decreased 5.7% to $28.68 billion and rose 5.5% when measured in rupees. Exports in the twelve months to March rose 20.9% in the U.S. dollar and 27.2% in rupee. Imports in the month rose 24.3% to $42.59 billion. The trade deficit was at $13.9 billion compared to $3.8 billion a year ago. |
|
| Full
Story... |
| |
|
| |
|
|
|
|
|
|
|
|
Tata and Jaguar: Rough Road Ahead
Mar 26, 3:06 PM EDT |
|
| Jaguar and Land Rover may prove a difficult purchase for Tata Group to digest if economic conditions remain weak in the US and UK. |
|
Ford agreed to sell its Jaguar and Land Rover brands to Tata Group of India for $2.3 billion and provide parts and technolgies for many years. Tata will fund most of its purchase using short term debt for now and refinance the deal at a later date with long term debet. Tata Group, a leading Indian industrial conglomerate recently purchased Corus, UK steel maker, is expected to keep current employees and look for ways to improve its operations in India. |
|
| Full
Story... |
| |
|
| |
|
|
Riding the Tiger
Oct 08, 10:32 AM ET |
|
Originally launched as a bond fund manager, Escorts Asset Management has been adding a wide array of equity offerings to its fund family since 2001. Spearheaded by Escorts Opportunities Fund, the company’s product line-up is organized around tax-efficiency, capital preservation and consistency of returns. |
|
| Full
Story... |
| |
|
| |
|
|
| |
|
|
|
Contact
Us | About
Us| Jobs | Site
Time Line | Reprints | IR Solution
| Sitemap
| Privacy Policy
| Disclaimer