SOROS: Well I think there could certainly be another dip in the stock market because, right now we are enjoying the confidence multiplier and there's a sort of hope that this is a crises like the previous ones and we will just sort of recover in a V-shape recovery. So when the hope is not fulfilled, I think that will be ...
Bill Gross, the influential manager who runs top bond fund PIMCO, warned Monday that the prospect of an end to the Federal Reserve's debt buyback programs could add selling pressure to several credit markets ...
The following are the highlights of the RBI's second quarter review of monetary policy, unveiled by Governor D Subbarao on Tuesday:
The Reserve Bank on Tuesday signalled the withdrawal of the easy monetary policy stance by raising the statutory liquidity ratio, the portion of funds that banks are required to park in government securities, ...
Mukherjee said," Of course the assessment of the RBI on the whole the policy, which has been announced is in conformity with the government's own thinking of both fiscal policy and monetary policy."
RBI in an attempt to prevent an asset bubble in the real estate segment of the economy, has hiked the provisioning requirement for advances to the commercial real estate sector ...
"There is no issue of asset bubble. It is only the return of some measures which had been relaxed," ICICI Bank managing director Chanda Kochhar told reporters ...
The two sovereign wealth funds of Singapore government, Temasek and GIC, have together sold shares worth over Rs 2,100 crore or $460 million in India’s largest private bank ICICI Bank between April and September ...
VM looks at copper price prospects for the remainder of the year as being uncertain, with a price correction being overdue. The drivers for continuing strength are the ups and downs in Chinese demand and the ...
The Serious Fraud Investigation Office (SFIO) was investigating the last eight years financial accounts of India's top private sector iron ore exporter, the Business Standard newspaper said, citing an unidentified ...
"What suitable arrangement you can make out or arrive at. There must be parameters to arrive at a suitable arrangement," a bench headed by chief justice K G Balakrishnan said ...
The financials of Reliance Industries Ltd (RIL), India’s largest company by market capitalization, have been queried in a recent report by Kotak Securities Ltd over “aggressive accounting policies” ...
“We have asked for the allocation for NCR projects. It is not for Kawas and Gandhar (the Gujarat) projects for whose expansion we have been fighting the court case with RIL on gas supply,” said a top NTPC executive ...
I-T Department serves fresh notice on DLFThe Income Tax (I-T) Department has issued a fresh notice to realty major DLF even as it’s appeal against an additional tax liability imposed on it by the I-T Department is being heard ...
The steel major had a net profit of Rs 1,787.81 crore in the second quarter of FY'09, Tata Steel said in a filing to the Bombay Stock Exchange ...
SKNL, which started out as a textile distributor in 1948, is today one of the country’s largest textile and apparel companies with a portfolio of brands that covers all the segments of the market — formal, informal and luxury ...
We would be making capital infusion of Rs 200 crore by the end of March 2010 for meeting expansion needs," said Max New York Life Insurance CEO and Managing Director Rajesh Sud ...
ING will sell its stake in the life insurance business by 2013 as part of its ongoing Back to Basics programme by moving towards complete separation of its banking and life insurance operations ...