The Dow Jones industrial average and SP 500 closed down more than 1.5 percent, mildly negative for the week. The Nasdaq composite was off about 1.4 percent on the day and eked out a 0.1 percent gain for the week.
Posts tagged MC
Dow closes off triple digits as Fed uncertainty weighs (19-09-2015)
No govt proposal as yet to allow 100% FDI in pvt banks (18-09-2015)
The basic bone of contention here is the 49 percent Foreign Portfolio Investors (FPI) cap which a lot of banks want to be relaxed and if not that then at least the overall FDI composite cap of 74 percent should be raised to 100 percent
PM launches Rs 45K-cr scheme to improve power distribution (18-09-2015)
Modi also appealed to the people of Varanasi to replace incandescent bulbs with energy efficient LED lamps saying this would bring revolution in the country.
Small Finance Bank: What lies ahead (18-09-2015)
Opportunities galore, but CNBC-TV18 spoke to some of the winners of Small Finance Bank licences to understand the challenges they now face.
CCI probes alleged cartelisation in airfares (18-09-2015)
The watchdog had asked its investigation arm Director General (DG) to look into the matter of airfares on three previous occasions but did not find any evidence of fair trade norm violations.
See limited capital inflows into EMs, India: Gunit Chadha (18-09-2015)
Gunit Chadha, co-Chief Executive Officer of Deutsche Bank’s Asia Pacific region says the FM has done a good job ‘hardselling the India story’.
US Fed’s move may limit scope for rate cut by RBI: Ind-Ra (18-09-2015)
“While Ind-Ra continues to expect the Reserve Bank of India to reduce policy interest rates by 25 basis points on September 29, 2015, given the low inflation and the attractive real interest rates, the uncertainty factor may limit any aggressive reduction in the policy rates,” it said
Wizard of Dalal Street: Govind Parikh’s investment mantra (18-09-2015)
Govind Parikh of Govind Parikh Securities says selling right is more important than correct buying. He says it is necessary to keep a lot of cash. “We keep an average 10 percent cash in our portfolio,” he says
More reforms in pipeline, no investment plans held up: FM (18-09-2015)
Inviting global investors, he said India is no more a nation suffering from policy paralysis and uncertain tax regime and assured them of continuing the reforms for development of the investment-friendly environment.
Rupee posts biggest gain vs dollar in 2 yrs, bonds rally (18-09-2015)
The Indian rupee ended at 65.67/68 per dollar from its 66.4550/66.4650, its strongest level since August 20. For the day, the rupee rose 1.2% against the dollar, its biggest daily gain since September 19, 2013.