Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
'What India needs to do is to re-build those cultural links in a way it didn't.' 'Clearly, India needs to wake up and spend more time on ASEAN.'
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Singapore retained its title as the world's most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.
The RBI fixed the reference rate for the dollar at 64.1505 and for the euro at 72.2720.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system on buying oil from Iran and hope to finalise it very soon,' says Aveek Sen.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach
Sensex ended strong, Tata Steel, HUL climb higher.
'The Chinese devalued the yuan initially but then stopped'.
India is Asia's third-best performing equity market.
The rupee resumed higher at 61.75 as against the last closing level of 62.05 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a one-month high of 61.53 before quoting at 61.59 per dollar at 1045 hours.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
'We have not been able to use the potential of our location in the region and the world and our strength as a nation and an economy to establish an EU-like structure in South Asia,' points out Aakar Patel.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Bank of Baroda ended flat after sharp gains in the previous session.
North Korea warns the US that it will soon 'suffer the greatest pain it ever experienced in its history'. Rajaram Panda looks at the latest twist in the North Korean crisis.
Positive cues from Asian peers also uplifted the sentiment.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The Left parties attacked the government's policies and said the country was heading towards an economic emergency.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Financial shares were among the top Sensex gainers along with auto and pharma shares.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
Sensex, Nifty end lower on global concerns.
The S&P BSE Sensex plunged 128 points to end at 25,102.
'Assuming the official defence allocations represent the true picture, the $142 billion figure still represents a phenomenal increase and surpasses that of Japan ($42 billion), India ($40 billion), South Korea ($33 billion) and several other Asian countries put together and shows that China is flexing its military muscle.'
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
Asian shares ended higher after a string of positive US economic data.
