Hedge fund redemptions and margin calls on leveraged investors will trigger further selling.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
The SEC however added that "dismissing these proceedings will not prevent the Commission from filing an action against Gupta in United States District Court."
Gupta, who has not been indicted in the criminal trial of Galleon Group founder Raj Rajaratnam, faces civil charges from the Securities and Exchange Commission for allegedly passing confidential information about Goldman Sachs to the defendant.
Just 40 per cent of India Inc's forex loans are hedged.
Banks face the grim possibility of a chunk of the unhedged loans turning bad.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
A top United States General has said that America's relationship with Pakistan at present is strained and Islamabad needs to take concrete steps against terrorist safe havens inside its tribal areas to improve the ties.
With the 21 per cent depreciation this year making most hedging strategies redundant.
During the trial proceedings on Tuesday, John Dowd, Galleon Group founder Rajaratnam's defence lawyer, cross-examined Kumar, a former McKinsey & Co. partner who gave his direct testimony.
Fifty-four-year-old Rajaratnam's prison sentence is scheduled to begin on December 5 at a federal penitentiary in Massachusetts.
Equity SIPs are meant for long-term investors and choice of stocks should be made on fundamentals of the company.
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
Why one must take health insurance seriously to achieve the best in financial planning.
"If Sonia Gandhi admits in public that she does not like a vilification campaign then I would like to ask her why she hesitates to pull up her own colleagues who engage in such campaigns," said Justice Santosh Hegde, a member of the drafting committee of the Lokpal bill. Hedge threatened to quit on Thursday following statements from Congress General Secretary Digvijay Singh, who had said that he (Hegde) had failed to control corruption in Karnataka.
John Dowd, Rajaratnam's lawyer, asked the jury why Rajat Gupta, 62, would risk his entire career and reputation for nothing.
Galleon Group founder Raj Rajaratnam's defence team have rested their case in the biggest hedge fund insider trading trial in the US history. Rajaratnam's defence rested their case on Monday.
Blankfein will at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam.
'We have entered the commodity space with a long-term view.'
This is the highest since May 2008, when the cumulative value of such investments stood at Rs 2,34,933 crore
Coca-Cola India's volume growth in the second quarter slowed partly because of an increase in prices and also due to a mild summer.
Since April 25, 12 jury members have been deliberating on the 14 counts of securities fraud and conspiracy charges levied against the main accused Raj Rajaratnam.
Amid speculation that Karnataka Chief Minister B S Yeddyurappa will be forced to quit in the wake of Lokayukta Justice Santosh Hedge indicting him and others in his report on illegal mining, the news from the Bharatiya Janata Pary high command is that any decision in this regard will be taken only on Thursday.
Market watchdog Sebi gave its approval on October 11, USE said in a statement. NSE officials too confirmed receiving the approval.
A former bureaucrat has said that most business houses "maintain" MPs to influence government policies or decision making in their favour.
You start hearing financial jargons and promises of the moon from him
India's gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018.
Radhika Gupta and Anant Jatia, start-up entrepreneurs, speak about the impetus for their unusual start up, that led them to switch countries and gamble on their futures. They also discuss what it takes to succeed with their unique business proposition, why they quit lucrative careers to start a company in India and their success mantras.
The steep depreciation of rupee will not give an immediate advantage to the country's exporters.
Shah had pleaded guilty in 2012 to securities fraud in a parallel civil insider trading case case.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
Invest in gold and realty that move in tandem with inflation.
Futures contracts of the rupee against the dollar listed on the Dubai Gold
Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.
China has denied reports that Southeast Asian nations are building up their militaries and edging closer strategically to the United States as a hedge against the Communist nation's rise.The latest data released by the Stockholm International Peace Research Institute shows that weapon purchases in the Southeast Asian region almost doubled between 2005 and 2009.
Gold prices in India have been escalating very fast of late and in the last week of April, it scaled a new peak by adding Rs 50 to a record price of Rs 22,520 per 10 grams.
To spur foreign investment in the corporate bond market, the Finance Ministry has proposed reduction in withholding tax for FIIs to 5 per cent, from 20 per cent at present.
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The bank says the rupee can reach 57-58 levels though the RBI may try to stem the volatility by starting to build reserves at 60.
Sunil Bhalla, a senior executive with Polycom, along with three others was named in fresh charges filed by the US Securities and Exchange Commission on Monday.
