debt default

Sensex rises on positive global cues


March 9th, 2012 - 1:47 pm ICT by IANS
Mumbai, March 9 (IANS) A benchmark index for Indian markets rose Friday amid positive cues from other Asian bourses and Greece coming closer to a pact to avoid a ... Read more...

Posted in Business |

Eurozone approves new Greek bailout plan (Lead)


February 21st, 2012 - 4:59 pm ICT by IANS
Brussels, Feb 21 (IANS) Eurozone finance ministers have ended months of uncertainty and averted an imminent debt default by Greece by approving a second bailout deal for the debt-laden country."After ... Read more...

Posted in Business |

Eurozone reaches Greek bailout deal


February 21st, 2012 - 11:55 am ICT by IANS
Brussels, Feb 21 (IANS) Finance ministers from the eurozone reached a Greek bailout plan Tuesday, agreeing on measures to reduce the country's debt level to 120.5 percent of its gross ... Read more...

Posted in Business |

Sensex closes 135 points up, seventh straight weekly gain (Roundup)


February 17th, 2012 - 7:11 pm ICT by IANS
Mumbai, Feb 17 (IANS) A benchmark index at Indian equities markets Friday closed 135 points up, its seventh consecutive week of gains. Robust foreign fund inflows helped markets rise ... Read more...

Posted in Business |

Sensex soars, Asian cues help


February 17th, 2012 - 2:23 pm ICT by IANS
Mumbai, Feb 17 (IANS) A benchmark index at Indian equities markets Friday continued to manage to hold on to its robust morning gains with power and consumer durable stocks ... Read more...

Posted in Business |

Sensex slips into red after quiet start


February 10th, 2012 - 1:46 pm ICT by IANS
Mumbai, Feb 10 (IANS) Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips ... Read more...

Posted in Business |

US stocks edge higher amid Greek hope (Lead)


February 10th, 2012 - 6:56 am ICT by IANS
New York, Feb 10 (IANS) US stocks edged higher Thursday amid Greek's long-awaited austerity deal and better-than-expected jobless claims.Greek political leaders Thursday reached a deal over austerity measures in order ... Read more...

Posted in Business |

US stocks edge higher on Greece hopes (Lead)


February 9th, 2012 - 8:05 am ICT by IANS
New York, Feb 9 (IANS) US stocks edged higher Wednesday as investors were still hoping the debt talks in Greece will be resolved, Xinhua reported.Despite the hopes, some investors were ... Read more...

Posted in Business |

US stocks slip


February 9th, 2012 - 7:16 am ICT by IANS
New York, Feb 9 (IANS) The US stocks slipped in midday trading Wednesday as investors' concerns mounted amid prolonged debt talks in Greece.The Dow Jones industrial average fell 30.05 points, ... Read more...

Posted in Business |

Indian markets trade dull in noon


February 7th, 2012 - 2:17 pm ICT by IANS
Mumbai, Feb 7 (IANS) Indian equities markets were ruling dull Tuesday as traders took a breather after straight weeks of rallying. A benchmark index was trading 47 points up ... Read more...

Posted in Business |

Indian equities markets closed on account of Bakr-Id


November 7th, 2011 - 1:06 pm ICT by IANS
Mumbai, Nov 7 (IANS) Indian equities markets were closed Monday on account of Bakr-Id even as other Asian bourses were ruling subdued with investors mostly choosing to stay on ... Read more...

Posted in Business |

Indian markets close flat as Euro crisis


November 2nd, 2011 - 7:31 pm ICT by IANS
Mumbai, Nov 2 (IANS) Indian equities markets Wednesday closed flat, paring intra-day gains, amid concerns that the European debt crisis could compound after Greece announced its intentions to hold ... Read more...

Posted in Business |

Sensex dips below 16,000; global cues, SBI downgrade weigh


October 4th, 2011 - 6:47 pm ICT by IANS
Mumbai, Oct 4 (IANS) A benchmark index for Indian equities Tuesday pulled up from the day's lows but still closed 289 points lower with wide-spread selling seen amid negative ... Read more...

Posted in Uncategorized |

Sensex closes 188 points lower on global sell-off


September 19th, 2011 - 7:27 pm ICT by IANS
Mumbai, Sep 19 (IANS) A benchmark index for Indian equities markets closed 188 points lower Monday, dampened by negative global cues. Rising interest costs and fears of a slowdown ... Read more...

Posted in Business |

US stocks extend gains to third day


September 15th, 2011 - 9:23 am ICT by IANS
New York, Sep 15 (IANS) The US stocks extended gains to the third day Wednesday after German and French leaders showed their supports to Greece, Xinhua reported.The Dow Jones industrial ... Read more...

Posted in Business |

Sensex surges 283 points, technology majors lead


September 14th, 2011 - 7:41 pm ICT by IANS
Mumbai, Sep 14 (IANS) A benchmark index for Indian equities markets Wednesday closed 283 points higher, while broader markets rose led by robust buying in IT, telecom and metal ... Read more...

Posted in Business |

Indian markets end flat on volatile day


September 13th, 2011 - 6:55 pm ICT by IANS
Mumbai, Sep 13 (IANS) Indian equities markets Tuesday gave up their intra-day gains to close flat on a rather volatile trading day. Negative cues from European markets over the ... Read more...

Posted in Business |

US Jobs report says that unemployment rate drops to 9.1%


August 5th, 2011 - 9:58 pm ICT by Aishwarya Bhatt
New York, Aug 5 (THAINDIAN NEWS) The US unemployment rate has dropped to 9.1% after about 117,000 nonfarm jobs were added to the economy in July. The job market performed much better ... Read more...

Posted in Business |

‘Super Congress’ expected to solve the debt deal


August 3rd, 2011 - 7:59 pm ICT by Aishwarya Bhatt
Washington, Aug 3 (THAINDIAN NEWS) The United States is going all length to ensure that the country get out of the current debt crisis. The country’s lawmakers are currently locked up ... Read more...

Posted in Politics |

Wall Street drops amid debt ceiling uncertainty and weak data (Lead)


August 2nd, 2011 - 9:27 am ICT by IANS
New York, Aug 2 (IANS) Wall Street fell Monday on weak manufacture data and debt vote worries, with the S&P; 500 falling for a sixth day, Xinhua reported. Major ... Read more...

Posted in Business |

Obama asks Congress to solve debt crisis


July 24th, 2011 - 2:10 pm ICT by IANS
Washington, July, 24 (IANS/EFE) US President Barack Obama asked congressional leaders Saturday to forget about "reckless political games" and reach an accord to raise the debt limit to avoid ... Read more...

Posted in Politics |

Wall Street sees best week in nearly two years


July 2nd, 2011 - 6:06 am ICT by IANS
New York, July 2 (IANS) With all three indexes rallying for the fifth straight day, Wall Street Friday finished its best week in nearly two years, Xinhua reported.The Dow Jones ... Read more...

Posted in Business |

Greek default would roil financial markets: US official


June 23rd, 2011 - 12:18 pm ICT by IANS
Washington, June 23 (IANS/EFE) Federal Reserve Chairman Ben Bernanke said Wednesday that a Greek sovereign debt default would "roil" financial markets and that the US is closely following the situation ... Read more...

Posted in Uncategorized |

Sensex closes 133 points lower, RIL weighs heavy (Roundup)


June 17th, 2011 - 6:29 pm ICT by IANS
Mumbai, June 17 (IANS) A benchmark index for Indian equities markets Friday closed 133 points lower to stay below the 18,000-level, weighed down by selling in heavy weight scrips ... Read more...

Posted in Business |

US stocks mixed on Greece plan, jobs data


June 3rd, 2011 - 5:31 am ICT by IANS
New York, June 3 (IANS) US stocks rebounded from earlier losses and closed mixed Thursday as a new plan to address Greek debt problems eased investors' tensions while data showed ... Read more...

Posted in Business |

Sovereign debt default may hit Indian IT industry: Infosys


January 13th, 2011 - 6:57 pm ICT by IANS
Bangalore, Jan 13 (IANS) The looming sovereign debt crisis in Europe may impact the Indian IT industry's growth in 2011 in case of defaults, a top official of the IT bellwether ... Read more...

Posted in Business |

Spain sells $3.2 bn in bonds


December 17th, 2010 - 12:34 pm ICT by IANS
Madrid, Dec 17 (IANS/EFE) Spain raised 2.4 billion euros ($3.2 billion) in a Thursday auction of 10- and 15-year bonds, although the interest rate it was forced to pay on that debt ... Read more...

Posted in Business |

India to grow at 8.5 percent plus: Pranab (Lead)


July 19th, 2010 - 9:28 pm ICT by IANS
New Delhi, July 19 (IANS) Finance Minister Pranab Mukherjee Monday said India will grow at more than 8.5 percent this fiscal but if the European financial crisis spreads it will affect ... Read more...

Posted in Business |

Greece denies possible debt default and exit from Eurozone


June 9th, 2010 - 12:59 am ICT by BNO News
ATHENS, GREECE (BNO NEWS) – The Greek government denied on Tuesday rumors of a possible debt default and an exit from the Eurozone, local media reported.A spokesman for the Greek government said ... Read more...

Posted in Business |

India keeping watch on European debt crisis: Sharma (lead)


May 10th, 2010 - 7:25 pm ICT by IANS
New Delhi, May 10 (IANS) India Monday said it is keeping a close watch on the European debt crisis, though it has not seen any significant adverse impact on its economy. "We are ... Read more...

Posted in Business |

No adverse impact from European crisis: Anand Sharma


May 10th, 2010 - 5:55 pm ICT by IANS
New Delhi, May 10 (IANS) Commerce Minister Anand Sharma Monday said India has not seen any significant adverse impact from the European debt crisis. "We have not seen any major impact ... Read more...

Posted in Business |

Europe debt crisis engulfs world bourses (Weekly Review)


May 8th, 2010 - 3:35 pm ICT by IANS
Mumbai, May 8 (IANS) Benchmark indices for Indian equities fell to two-month lows on investor concerns that another financial crisis stemming from Greece's souring finances could be in the offing. ... Read more...

Posted in Business |

Benchmarks lose way, mid-caps outperform (Weekly market review)


May 1st, 2010 - 3:32 pm ICT by IANS
Mumbai, May 1 (IANS) Benchmark indices for Indian equities joined global peers to end the week in the red, amid a mixed corporate results season and continuing fears of a sovereign ... Read more...

Posted in Business |

Sensex weak, buying in broader markets (Lead)


April 29th, 2010 - 4:06 pm ICT by IANS
Mumbai, April 29 (IANS) Indian equities markets Thursday saw some buying after sell-off in the previous session with a key index ruling 0.47 percent higher amid weak cues from major global ... Read more...

Posted in Business |

Indian markets brush aside Dubai fears, Sensex up 3 percent (Weekly Market Review)


December 5th, 2009 - 1:46 pm ICT by IANS
Mumbai, Dec 5 (IANS) Indian investors brushed aside fears of a global financial crisis in the wake of the Dubai World debt debacle. Key benchmark indices added nearly 3 percent from ... Read more...

Posted in Business |

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