Moody's downgrades three US banks |
- Moody's downgrades three US banks
- HCL Tech to create 10k jobs in US & EU
- Oil dives 5% on growth fears
- Commodity costs ease, but price pressure stays
- Investors should tread cautiously
- China's manufacturing slows
- 'RBI believed to have sold dollars around 49.15'
- Rupee down 57 paise against dollar
- Food inflation drops to 8.84%
- Gates tops Forbes 'richest Americans' list
- Rupee down 41 paise, at fresh 2-yr low
- Sentencing of insider trader j Rajaratnam delayed
| Moody's downgrades three US banks Posted: 22 Sep 2011 08:43 PM PDT Moody's Investors Service lowered debt ratings for Bank of America Corp, Citigroup Inc and Wells Fargo & Co on Wednesday, saying the US government is getting less comfortable with bailing out large troubled lenders. 
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| HCL Tech to create 10k jobs in US & EU Posted: 22 Sep 2011 01:36 PM PDT HCL Technologies said it will create 10,000 jobs in the US and the EU in the next 5 years, emphasizing that it does not want to be "seen as a company which takes away jobs". 
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| Posted: 22 Sep 2011 11:40 AM PDT Oil prices tumbled 5% on Thursday after some of the world's top financial officials gave a gloomy reading on the international economy. 
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| Commodity costs ease, but price pressure stays Posted: 22 Sep 2011 11:37 AM PDT Commodity prices have declined considerably from their peak but it may not be time to uncork the bubbly just yet as price pressure on consumers is here to stay, at least for the time being. 
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| Investors should tread cautiously Posted: 22 Sep 2011 11:36 AM PDT Buy equities at regular intervals and invest in fixed income for short-term: Experts 
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| Posted: 22 Sep 2011 10:22 AM PDT Private sector business activity in Europe and China declined sharply this month, and new claims for US jobless benefits remained high, underlining fears that the global economy could lapse back into recession. 
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| 'RBI believed to have sold dollars around 49.15' Posted: 22 Sep 2011 04:39 AM PDT The Reserve Bank of India was suspected to be selling dollars in the forex market on Thursday at around 49.15 rupees to arrest steep losses in the local unit after global risk aversion prompted investors to move into safer assets like debt. 
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| Rupee down 57 paise against dollar Posted: 22 Sep 2011 01:06 AM PDT The rupee tumbled by 57 paise to Rs 48.90 per US dollar in early trade on Thursday on persistent dollar demand from banks and importers. 
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| Posted: 21 Sep 2011 11:57 PM PDT India's food inflation dropped to 8.84% for the week ended September 10 as compared to 9.47% in the previous week as rise in the prices of onions, fruits and vegetables eased, official data showed Thursday. 
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| Gates tops Forbes 'richest Americans' list Posted: 21 Sep 2011 11:00 PM PDT The magazine said Wednesday that the Microsoft co-founder's wealth amounts to $59 billion, ranking him ahead of all the other billionaires who make up this year's list. 
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| Rupee down 41 paise, at fresh 2-yr low Posted: 21 Sep 2011 10:22 PM PDT The rupee fell by 41 paise to an over two-year low of Rs 48.74 against the US dollar in early trade on the Interbank Foreign Exchange on Thursday. 
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| Sentencing of insider trader j Rajaratnam delayed Posted: 21 Sep 2011 08:35 PM PDT Sentencing of Raj Rajaratnam, the hedge fund magnate convicted in the biggest Wall Street insider trading case in years, has been postponed until October. 
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