The Sensex opened with a huge negative gap of 433 points at 15,327 on weak cues from the overseas markets. It hit a low of 14,738, and finally ended with a hefty loss of 951 points (6%) at 14,809 -
Assocham on Monday said over $ 13bn are spent every year by about 450,000 Indian students on higher education abroad as they are not accommodated by domestic institutions. The primary reason for a large number of Indian students seeking professional
Indian Energy Exchange has joined world's leading power exchanges like Powernext (France), EEX (Germany, Northern Europe), PJM (USA), JEPX (Japan and Norway's Nordpool which is the largest power exchange in the world). IEX, India's first power exchange got its approval
The Rajya Sabha later passed the vote on account and supplementary demands for grants by voice vote enabling the government to meet necessary expenditure pending passage of the Budget by Parliament. With the Upper House approving the vote on account,
Experts believe that waiving off farmers' loans is not the right solution to their problems. If the government puts this money in developing protected agricultural practices, drip irrigation facilities, creating aggregators for the farmers to play in the Futures market
The Air India employees, who had proposed to go on strike on Tuesday, have decided to defer it following an intervention by the Labour Commissioner. The unions, covering almost all sections of staff, were protesting on the 'non-implementation' of various
Market regulator Sebi said like retail investors, FIIs should also pay the full amount of IPOs upfront, if its idea of reducing the time gap between the last day of subscription and the listing of the scrip is implemented. FIIs
Investors' wealth fell below the Rs 50 trillion-mark for the first time since September last year, with the benchmark index Sensex witnessing its second biggest fall on Monday. Total market capitalisation of all the listed-companies on the Bombay Stock Exchange
Stock market appears to be heading for its worst fiscal in the past five years with a 951-point fall in the benchmark Sensex on Monday dragging its year-to-date gain to just about 13 per cent. The Sensex closed at 14,809.49
