Finance

Sensex up 684 points after US Fed announcement Fri, 20/09/2013 - 14:34 by robinson Stocks and currencies in emerging markets led an Asian rally following the surprising decision by the US Federal Reserve to keep its massive stimulus programme intact. Asian stock markets alike Dalal Street's Sensex rose about 684 points making it a good rally Thursday. Comments	'The Episode' of big expectations from Raghuram Rajan Thu, 19/09/2013 - 16:41 by robinson The New Reserve Bank of India (RBI) chief Raghuram Govind Rajan started his term with a bang, announcing a number of measures to support the weak rupee and unveiling a raft of steps to liberalise financial markets and the banking sector. Comments	Gold, the worst investment of 2013, prices dip 8% Sun, 11/08/2013 - 16:35 by Neka Sehgal Investment in gold this year has turned out to be a shoddy asset across various markets. The precious metal has recently faltered relative to equities and yielded double the losses in the current stock rally. Comments
RBI not in favor of high inflation to propel growth Sat, 10/08/2013 - 16:39 by Jamie Anderson The Reserve Bank of India (RBI) categorically stated Thursday that it is not in favor of allowing high inflation in order to promote growth in the country. Comments	Indians Uninformed of Fundamental Money Management Skills: Survey Sat, 10/08/2013 - 15:50 by Jamie Anderson India boasts of being one of the most preferred destinations for a company willing to expand its international footprint. Comments	Tip of the day: How to cope up with falling deposit rates Thu, 13/09/2012 - 14:30 by Dinesh Dhiman Inflation wary people, there is more bad news in the offing. Leading banks in the country have announced deposit rate cuts. How to cope up, here are few useful tips! Comments Read more
Increase in fuel prices “unavoidable”--Jaipal Reddy Wed, 12/09/2012 - 12:19 by Neka Sehgal Despite, an outrage among the general public and strong reactions from opposing political parties about the soaring fuel prices, a hike is imminent, oil minister S Jaipal Reddy said on Tuesday. Comments Read more	FDIC shutter three banks, failure tally hits 31 Sat, 16/06/2012 - 13:04 by Neka Sehgal The Federal Deposit Insurance Corp (FDIC) shuttered three banks in the US, one each in Florida, Georgia and Tennessee on Friday. Comments	Obama’s Budget Plan Centers On Job Creation Wed, 15/02/2012 - 15:30 by Rachna Pandya Obama unveils new budget plan which demands higher spending on job creation. Higher taxes from the wealthiest Americans would offset the increased spending in job sector, outlines the budget. Comments Read more
United Way gives $78.7 million to Toronto region Tue, 28/06/2011 - 12:48 by Rahul K. Chaudhary In order to strengthen the financial conditions of its neighborhoods, the Canadian non-profit organization, United Way is planning to offer its needy member agencies a one-time special funding as it spends a record $78.7 million this year. Comments Read more	Welcome to the Big Leagues Fri, 12/11/2010 - 22:06 by Buck Hartzell With a current market capitalization in excess of $9 billion, Netflix (Nasdaq: NFLX) is stepping into the big leagues. All revolutionary companies must make this transition before becoming a true Rule Maker. Unfortunately, the transitionary period is dangerous ground. Comments Read more	IMF grants Iraq $741M loan Sun, 03/10/2010 - 06:34 by harsheeb Baghdad -- The International Monetary Fund agreed to provide Iraq with a $741 million loan, citing the country for its economic stability. The loan is part of a $3.7 billion loan that has been agreed to in principle, the British Broadcasting Corp. reported Saturday. The IMF said, "Iraq has continued to make good progress in rebuilding key economic institutions and maintaining macroeconomic stability, under very difficult circumstances." About 90 percent of Iraq's income comes from its oil industry. It is struggling to rebuild, however, after seven years of armed conflict. Copyright 2010 United Press International, Comments