Last Updated: Monday, August 24, 2015, 22:21
Seeking to calm jittery investors after bloodbath on markets, Prime Minister Narendra Modi today vowed to push ahead with reforms agenda and increase public spending as part of drive to strengthen economy.
Last Updated: Monday, August 24, 2015, 22:12
As stock markets and rupee dropped like ninepins, government and RBI Monday sought to assuage jittery investors citing strong domestic macroeconomic fundamentals and blamed global turbulence for the "temporary" crash.
Last Updated: Monday, August 24, 2015, 18:38
Sensex Monday crashed by 1,624.51 points -- its biggest single-day fall -- and over Rs 7 lakh crore got wiped out within hours from the investors' wealth on a sharp global sell-off triggered by a Chinese rout.
Last Updated: Monday, August 24, 2015, 18:28
It was a mayhem and the bloodiest Monday the stock markets have even seen – the BSE Sensex crashed by 1,624 points while the NSE Nifty plunged 490 points wiping out Rs 7 lakh crore from investors' wealth.
Last Updated: Monday, August 24, 2015, 16:42
Reserve Bank of India Governor Raghuram Rajan said he was ready to deploy foreign exchange reserves to curb volatility in the currency as turmoil in global markets sent domestic shares down more than 4 percent and the rupee to its lowest since late 2013.
Last Updated: Monday, August 24, 2015, 16:28
In the worst-ever carnage in stock market, benchmark Sensex Monday crashed by 1,624.51 points and nearly Rs 7 lakh crore got wiped out from the investors' wealth as rout in Chinese stocks triggered a global sell-off.
Last Updated: Thursday, May 23, 2013, 13:35
Indian markets should read situation correctly rather than being influenced by something happening elsewhere, he said.
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