Posts in category All News
Market mayhem: Corrective steps must come soon, says India Inc (24-08-2015)
As the BSE Sensex crashed 1,624.51 points, India Inc today said the policymakers in the country must ensure corrective measures at the earliest.
Prabhat Dairy IPO opens on Aug 28, price band at Rs 140 – Rs 147/share (24-08-2015)
Integrated milk and dairy products maker Prabhat Dairy Ltd has announced its public offer, which will be open between August 28 and September 1.The price band has been fixed at Rs 14...
It’s ‘Black Monday’ again; 7 out of ten biggest crashes on Dalal Street (24-08-2015)
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! This strange coincidence holds true...
Rupee slumps to 66.65 as China woes rattle global markets (24-08-2015)
The rupee slumped to as low as 66.65 per dollar in the evening session, its lowest since September 2013, as Asian markets reeled under fears of a China-led global economic slowdown. The...
Emerging assets hit new multi-year lows on China contagion (24-08-2015)
Contagion from China’s equity malaise spread across emerging markets on Monday, driving a 4 per cent tumble in the benchmark equity index, while currencies fell 1-2 per cent to multi-year lows aga...
Rate cuts not goodies, but natural result of low prices: Raghuram Rajan (24-08-2015)
Rajan also said that RBI is ready to deploy forex reserves to stem the market volatility amid the bloodbath
Euro, yen surge as risk aversion intensifies; Aussie at 6-year low (24-08-2015)
The euro hit a 6 1/2-month high and the yen hit a 1 1/2-month high against the dollar on Monday as investors dumped risk assets and flocked to currencies often seen as safe havens on fears about a...
Commodities markets tumble as investors dump risky assets on China weakness (24-08-2015)
Oil, coal, copper at 2009 peak financial crisis levels