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Top 10 Sensex companies see Rs 84,209-cr erosion in M-cap Top 10 Sensex companies see Rs 84,209-cr erosion in M-cap On a weekly basis, the Sensex lost 1,190.48 points, or 4.51 per cent, to 25,201.90. This is the fourth straight weekly plunge for the index.
EPFO likely to raise maximum insurance cover to Rs 5.5 lakh EPFO likely to raise maximum insurance cover to Rs 5.5 lakh After getting the committee's nod, it will then be placed before the EPFO's apex decision making body the Central Board of Trustees' (CBT) headed by the Labour Minister.
Stock markets may see a bounce back; IIP data key: Experts Stock markets may see a bounce back; IIP data key: Experts Stock markets may see a bounce back going ahead and would take cues from IIP data slated to release later in the week, movement of rupee, overseas investors' investment trend and global news, say experts.
Global safety nets to check currency, market volatility needed: FM Jaitley Global safety nets to check currency, market volatility needed: FM Jaitley Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.
Rupee falls for 4th straight week, ends at 66.46 Vs USD Rupee falls for 4th straight week, ends at 66.46 Vs USD The rupee has tumbled by 265 paise or 4.15 percent in the four weeks.
Bears hit with retribution, equities slide for fourth week Bears hit with retribution, equities slide for fourth week Sentiment was hit as the week only witnessed a single bargain hunting gains mirroring a recovery in global stocks.
Sensex plunges 563 points; Rajan says don't be scared of markets volatility Sensex plunges 563 points; Rajan says don't be scared of markets volatility Stressing investors should not be scared of transient volatility in markets, India`s central bank governor Raghuram Rajan on Friday said the problems facing the global economy include low productivity and low investments with people saving more and spending less.
Deutsche Bank sees Rajan trimming rates in September Deutsche Bank sees Rajan trimming rates in September Deutsche Bank on Friday said the Reserve Bank may cut policy rates by 0.25 percent to 7 percent at its September 29 meet as the prevailing economic conditions in the country are supportive for an easy money policy.
Raghuram Rajan urges world to hike rates; but not in a 'big bang' Raghuram Rajan urges world to hike rates; but not in a 'big bang' Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.
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