Finance Minister Arun Jaitley on Sunday asserted that India's "real economy" will dictate both the currency valuation and the market.
Proceeds may be used to partly pay off its Rs 46,570-cr debt
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Today's slide of 438.41 points in the BSE Sensex took the three-day losses close to 1,500 points, cumulatively eroding investors' wealth by over 100 billion dollars (Rs 4,06,000 crore).The selling pressure continued despite the arrest of outflow by Foreign Institutional Investors. FIIs turned net buyers on Thursday on the bourses with purchase of shares worth Rs 125 crore (Rs 1.25 billion), from being net seller of about Rs 1,800 crore (Rs 18 bilion) a day before.
It was a 'Black Monday' again in markets today and history shows that seven out of the ten biggest carnages on Dalal Street has taken place on a Monday!
The US dollar index, which tracks the greenback against a basket of six major currencies, was 0.38 per cent lower at 95.41.
Silver also advanced by Rs 200 to Rs 36,500 per kg.
The Hollywood socialite-turned-reality TV star has set up an auction on eBay, where she will be selling off her Jimmy Choo boots, Chanel bags and various designer dresses and accessories to raise cash for the Dream Foundation, which grants wishes to the terminally ill. In addition, Kardashian will also take the winning bidder out for lunch and a shopping spree at her DASH store in Calabasas, California.
In barter, you have the choice of picking up a product that's available with the barter company in exchange for the stuff you want to discard.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
As investment bankers in India returned to their offices in India's financial capital, Mumbai, after Christmas and the New Year, they must have suffered from deja vu.
The benchmark Sensex on Thursday slipped below the 25,000-level by tanking about 555 points.
In its zeal to get to the viewer before anyone else does, the business media ends up oversimplifying things.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
BSE Sensex on Monday closed nearly 34 points higher at 26,350.17 with gains in realty, power, FMCG and oil & gas stocks amid sustained buying by domestic institutional investors.
Indians are no more rushing to buy bullion after this week's sharp sell-off
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
The dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
The suggestion is made by BSE in a letter to the Finance Minister.
BPL Mobile is exploring options to hive off its tower business into a separate company and is embarking on a capacity addition initiative
Report sees the index at 16,000 points in the worst-case scenario.
Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that the US bond market that hit bottom in 1981 and has been in a bull-run since then, is coming to an end.
12 Indian-origin persons have made it to a list of 100 dealmakers with the Midas-touch, based on the value of the companies these people have taken public or sold in the past five years.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
The Supreme Court on Friday reserved its order on interim bail plea of Sahara Chief Subrata Roy who pleaded to the court to show 'raham' (mercy) and allow him to come out of jail to sell off his properties to deposit Rs 10,000 crore (Rs 100 billion) with SEBI as directed to get regular bail.
While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.
Worry and nervousness have gripped investors worldwide. With the outburst of sub prime issue in the United States leading to a re-pricing of risks, markets have witnessed a secular sell-off all across the world.
US credit woes, political stand-off to loom over bourses.
There are many questions on where the stock markets will head in the next few days. Here are some answers.
However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220. The NSE Nifty ended with a gain of 60 points at 4,251.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
Samsonite India will be shutting down its manufacturing unit at Nashik over the next three years. Production at the plant, which has a capacity of 10 million units, will be scaled down to 50 per cent by December 2006.
A closer look at the sectors and companies that have strong prospects and are likely to fall less when markets decline.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
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