Wednesday, August 24, 2011

Moody’s cuts Japan rating, blames politics

Moody’s cuts Japan rating, blames politics


Moody’s cuts Japan rating, blames politics

Posted: 24 Aug 2011 01:28 PM PDT

Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession.


Govt reviews PF and small savings norms

Posted: 24 Aug 2011 01:12 PM PDT

Centre asks financial sector legislative reforms panel to relook at rules.


Rising bad loans a concern: RBI

Posted: 24 Aug 2011 12:55 PM PDT

The Reserve Bank of India has said that the risk of rising bad loans in banks was a concern and there could be a problem with some sectors.


Agents stall small savings reforms

Posted: 24 Aug 2011 12:55 PM PDT

A key reform measure which would help investors earn higher interest rates is being held up due to stiff resistance from agents selling instruments.


BSE Sensex ends 213 points down

Posted: 24 Aug 2011 04:18 AM PDT

The Bombay Stock Exchange benchmark Sensex on Wednesday dropped by over 213 points as investors sold stocks to book profit after recent rally amid weak Asian cues.


Gold drops further to Rs 27840

Posted: 24 Aug 2011 03:06 AM PDT

Gold and silver extended their losses in the bullion market here today on sustained selling by stockists, triggered by a steep fall in global markets.


Sensex moves up after initial losses

Posted: 23 Aug 2011 11:13 PM PDT

The BSE benchmark sensex was up by 12 points in early trade on Wednesday after its initial losses were erased by buying in consumer durable, realty, healthcare, banking and capital goods stocks.


Rupee loses 17 paise against US dollar

Posted: 23 Aug 2011 09:43 PM PDT

The rupee fell by 17 paise to Rs 45.80 per US dollar in early trade on the Interbank Foreign Exchange on Wednesday, weighed down by weakness of the euro and other Asian currencies.


Sensex down 93 pts on profit-booking

Posted: 23 Aug 2011 09:11 PM PDT

The Bombay Stock Exchange benchmark sensex fell by nearly 93 points in opening trade on Wednesday as funds and retail investors booked profits recorded in the previous two sessions amid a weak trend in other Asian markets.


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