Along with proposed tax cuts for businesses, the modified bailout plan includes raising the federal deposit insurance levels to $250,000 from the current $100,000.

S & P's Sam Stovall sizes up the Sept. 29 stock market sell-off and offers some insights for nervous investors.

The BSE IT index soared 4% (123 points) to 3,218, and the Bankex rallied over 3% (209 points) to 6,688. The Realty index, however, shed 2.3% (82 points) at 3,427. The market breadth was positive - out of 2,672 stocks

Think stocks are volatile? The dislocations in the credit markets are even more serious, and they pose a greater threat to the economy.

In the third quarter of 2008, VC-backed companies generated just $4.57 billion, in liquidity through merger and acquisition deals and initial public offerings, representing a fall of 66 per cent from the year-ago period, according to the database of Dow

There are demands from market participants that the currency trading norms should be relaxed. RBI and Sebi are working together to relax the norms," Sebi Chairman, C B Bhave said. Further relaxation in currency trading norms is expected to enable

The Reserve Bank of India is unlikely to ease the requirement for banks to keep cash with the central bank through a cut in CRR rate in its mid-term monetary review on October 24 even though the banking system is

Even mid-size and smaller IT companies are going slow on recruitments due to the uncertainty in business from the US, which is the single-largest market for these companies, says L Venkataesan, a placement consultant based in Tiruchy. JJ College of

From makers of steel to specialty packaging, world-class Indian companies with sophisticated management are acquiring or merging with US companies.

Seeking to play down the controversy generated by the refusal by Defence services chiefs to implement the Pay Commission scales, Defence Minister A K Antony on Wednesday asked the media not to 'read too much' into the issue.

Forecast for banks 'less positive' with credit crisis, but stable with exception of Dubai.

Two affiliate companies created false market in shares of their parent, Pioneers Holding.

After worst fall in two decades, Wall St rebounds but bank fall-out continues.

Developer in talks with Sama Dubai over $17.7bn development after delays, arrests.

Global financial crisis could see international banks unwilling to renew loans - analysts.

International community heaps pressure on Washington to agree to $700bn package.

The global financial turbulence and economic slowdown has impelled investors to move away from real estate sector. Even the Mutual Funds' fixed maturity plans (FMPs) are avoiding investment in the cash-strapped realty firms.With rising interest rates and the overall slowdown

Your dream house now within your reach!Real estate developers, The Promoters and Builders Association of Pune (PBAP) have taken a move to reach out to the flat buyers by launching a new scheme whereby a certain burden of interest rates

The country's inflation rate for the week ended September 13 remained unchanged at previous week's level of 12.14%. The slowdown in inflation rate over the past few weeks has been maintained with this figure.This figure is still far above the

The global financial turmoil has Indian banks worriedabout their overseas operations. Most of banks feel that if the conditions worsen their international branches will get affected.The banks fear that foreign lenders may not turn over credit granted to their overseas