Anand Sharma: Goldman Sachs’ recent report on India inappropriate & objectionable

Anand Sharma: Goldman Sachs’ recent report on India inappropriate & objectionable

Commerce and Industry Minister Anand Sharma today said in New Delhi that the investment banker Goldman Sachs’ recent report on India is most inappropriate and objectionable. He said the country will not entertain any prescriptions from unconnected entities. The Minister said India’s growth story has always been strong and intact.   Sharma was reacting to […]

Sensex down 157 points to close above 20,000 mark

Sensex down 157 points to close above 20,000 mark

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange dropped 157 points, or 0.8 percent, to close at 20,666, amid declining global markets, today, on concerns that the US Federal Reserve would start tapering its monetary stimulus sooner than expected. The Sensex has now lost 574 points in four trading sessions. […]

Sensex declines 265 points, closes at 20,975

Sensex declines 265 points, closes at 20,975

Snapping five days of gains, the Sensex at the Bombay Stock Exchange declined 265 points, or 1.3 percent, to close at 20,975, on profit-booking by investors, today. The Sensex had climbed almost 670 points in the previous five trading sessions. The Nifty at the National Stock Exchange fell 64 points, or 1 percent, to 6,253. […]

Oil prices up in Asia

Oil prices up in Asia

Oil prices rose in Asia today as dealers await US economic data this week that could provide a clue to when the Federal Reserve will start winding down its stimulus programme. New York’s main contract West Texas Intermediate or WTI for December delivery gained nine cents to 94.70 a barrel in morning trade, while Brent […]

Sensex slips 113 points on investors’ caution

Sensex slips 113 points on investors’ caution

Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange declined 113 points, or 0.6 percent, to close at a nearly two-week low, at 20,570, today, on investors’ caution ahead of Reserve Bank’s monetary review policy. The Sensex had lost 211 points in the previous four trading sessions. The Nifty at the […]