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August 3, 2010 11:07 AM
The Bombay Stock Exchange benchmark Sensex today opened 86 points higher on buying by foreign funds driven by firming global trends.The sensex was trading at 18103, up by 22 points when reports last came in. Similarly, the wide-based National Stock Exchange index Nifty 5,438 points, up by 6 points. ...
August 3, 2010 10:08 AM
The head of the US Central Bank, the Federal Reserves says the America has a considerable way to go to achieve a full economic recovery. He said while the worst of the financial crisis was over many Americans are still struggling with unemployment and lost savings.
August 3, 2010 10:07 AM
The Lok Sabha passed a Bill to replace the ULIP Ordinance that seeks to set up a joint mechanism to address the issues of jurisdiction between the financial sector watchdogs. The Securities and Insurance Laws (Amendment) and Validation Bill, 2010, provides for setting up a joint body under the chair...
August 3, 2010 10:06 AM
The Finance Minister, Mr Pranab Mukherjee has said the government has no intention to dilute the autonomy of various regulators operating in the Indian economy. He was replying to a discussion on the Securities and Insurance Laws Amendment and Validation Bill, in the Lok Sabha yesterday. He said the...
August 2, 2010 8:48 PM
The Lok Sabha today approved a bill that will allow the State Bank of India, SBI, to reduce government holding in the bank to 51 per cent from 55 per cent and raise funds from the capital markets. Piloting the amendment bill, Finance Minister Pranab Mukherjee, however, said, the public sector charac...
August 2, 2010 8:45 PM
The Lok Sabha today passed a Bill to replace the Ulip Ordinance that seeks to set up a joint mechanism to address the issues of jurisdiction between the financial sector watchdogs. The Securities and Insurance Laws (Amendment) and Validation Bill, 2010, provides for setting up a joint body under the...
August 2, 2010 8:40 PM
The Indian Consulate in Dubai will organise a open house on 20th of this month, which will be devoted to financial matters.According to a statement of Consulate General of India at Dubai, Indian nationals who wish to seek the opinion of experts in financial matters, particularly debt, investments ha...
August 2, 2010 5:56 PM
The Finance Minister, Mr Pranab Mukherjee has said the government has no intention to dilute the autonomy of various regulators operating in the Indian economy. He was replying to a discussion on the Securities and Insurance Laws Amendment and Validation Bill, in the Lok Sabha today.He said the gove...
August 2, 2010 4:34 PM
The Dalal Street closed with big gains to start the month on a positive note. The benchmark indices opened higher and sustained momentum tracking global markets.The markets finished on a 10-day high on the back of strong global markets and robust earnings from major companies. The BSE Sensex closed ...
August 2, 2010 2:16 PM
The Sensex at the Bombay Stock Exchange opened 172 points, or 0.8 percent higher, to once again cross the psychological 18,000 point level, at 18,040, amid firm Asian bourses on morning. Climbing further, the Sensex stood 193 points, or 1.1 percent in the green, at 18,061, a short while ago.Stocks m...
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