Wednesday, November 2, 2011

Asia stocks down on Greek debt deal doubts

Asia stocks down on Greek debt deal doubts

Asia stocks down on Greek debt deal doubts

Posted: 02 Nov 2011 07:59 PM PDT

Asian markets fell on Thursday, as a European deal to bail Greece out of a massive financial mess appeared to be on the verge of unraveling.

India may consider financing EU bailout: FM

Posted: 02 Nov 2011 12:45 PM PDT

Finance minister Pranab Mukherjee on Wednesday hinted at financing for sorting out Eurozone crisis after a credible assessment of solvency problem is made.

Reddy rules out petrol price hike

Posted: 02 Nov 2011 12:39 PM PDT

The ministerial panel on fuels is expected to examine the situation arising out of the rupee's fall against the dollar and recent movement of oil in international market, but an immediate increase in motor or kitchen fuel prices is not on the government's radar.

Parts paucity delays Honda delivery

Posted: 02 Nov 2011 12:29 PM PDT

A brand new car, chock-a-block booking list but not enough cars to roll out: That's Honda Siel Car's predicament right now.

RIL to team up with Kenneth Cole

Posted: 02 Nov 2011 12:27 PM PDT

Reliance Brands, a unit of Reliance Industries, has struck a deal with NYSE-listed American fashion retailer Kenneth Cole to open stores in top Indian metros.

IOC seeks govt guarantee on AI dues

Posted: 02 Nov 2011 12:22 PM PDT

Indian Oil Corporation has sought a comfort letter from the civil aviation ministry assuring payment of Air India's unpaid fuel bills that are a tad short of the approved credit limit.

US dollar ends cheaper against rupee

Posted: 02 Nov 2011 08:23 AM PDT

The US dollar ended cheaper against the rupee at Rs 49.18/19 per dollar but the Pound Sterling turned higher at Rs 78.62/64 per pound at the close of the Forex.

Sensex closes 16 points down

Posted: 02 Nov 2011 04:31 AM PDT

Weak openings in Asia and Europe pushed investors away.

Oil minister seeks EGoM meet on diesel, LPG hike

Posted: 02 Nov 2011 04:21 AM PDT

"I have asked for a meeting of the Empowered Group of Ministers (EGoM)," Reddy told reporters after a meeting with finance Mminister Pranab Mukherjee, who heads the EGoM.

Seasonal demand raises gold by Rs 170

Posted: 02 Nov 2011 03:31 AM PDT

Gold extended gains for the second straight day by adding Rs 170 to Rs 27,940 per 10 grams on Wednesday.

Greek cabinet backs referendum

Posted: 02 Nov 2011 01:33 AM PDT

Greece's government spokesman says a marathon Cabinet meeting has concluded with ministers expressing unanimous support for Prime Minister George Papandreou's surprise decision to call for a referendum on a hard-won European plan to rescue the Greek economy.

Sensex in green as world markets tumble

Posted: 02 Nov 2011 01:20 AM PDT

European and US markets had fallen sharply overnight after Greek Prime Minister George Papandreou said the country would hold a public referendum on the bailout deal.

G-20 goals: Global cos for bigger pvt sector role

Posted: 02 Nov 2011 12:29 AM PDT

Global corporate leaders, including Indian pacesetters, have asked the leaders of the G-20 to foster greater private sector participation in achieving Millennium Development GoalS.

Sensex loses 92 pts on weak global cues

Posted: 01 Nov 2011 09:26 PM PDT

The 30-share index, which lost 324 points in the previous two sessions, dropped further by 92.09 points, or 0.53%, to 17,388.74 in the first few minutes of trade on Wednesday.

Asian stocks lower on Greek economy fears

Posted: 01 Nov 2011 08:59 PM PDT

Asian stocks continued to slump Wednesday, as fears intensified that Greece might reject a controversial austerity plan to rescue its economy and default on its massive debts.

Reverse migration of 3L Indians on card?

Posted: 01 Nov 2011 01:06 PM PDT

India's rapidly growing economy is expected to start a reverse migration of its working diaspora currently settled abroad.
Posted by Harshad at 9:09 PM

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