Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.
The Dow Jones industrial average fell almost 40 points after the Fed released its regional survey of the economy, a report known as the “beige book.” The Fed said economic growth has been [...]

Indias National Stock Exchange (NSE) is considering listing stock index futures on the Tokyo Stock Exchange later this year, the Nikkei business daily reported quoting its chief executive officer.
The NSE is also in talks with a major online brokerage on building a sales framework for individual investors, the Nikkei quoted CEO Ravi Narain as saying.
If [...]

Stocks fell slightly on Wednesday after another disappointing economic report added to investors’ doubts about the recovery.
The Commerce Department’s durable goods orders report for June indicated manufacturing growth is slowing. Orders for goods expected to last at least three years fell 1 per cent last month, well short of the 1 per cent gain that [...]

The board of realty major DLF will tomorrow consider plans to dilute the majority stake in wholly-owned retail management subsidiary DLF Brands, probably to a promoter group firm.
According to sources, DLF Brands would issue preferential shares worth about Rs 100 crore.
In a filing to the Bombay Stock Exchange last week, DLF had said its board [...]

Market regulator SEBI today extended the deadline for mutual funds to implement the ASBA facility for new fund offers
“It has been decided that Mutual Funds/AMCs shall provide ASBA facility to investors for all NFOs launched on or after October 1, 2010,” the Securities and Exchange Board of India (Sebi) said in a circular.
Earlier [...]

World stocks hit a 2-1/2 month high on Tuesday while the euro held near a two-month peak versus the dollar as upbeat results from Swiss bank UBSUBSN added to a recent run of strong corporate earnings.
UBS rose 7.2 per cent as the bank said strong equities and currency revenues drove second-quarter net profit well above [...]

The performance of Jet Air in the June ’10 quarter suffered due to the problem of volcanic ash on its European routes and unprofitable operations of its new premium service. The company may continue to see headwinds in the September quarter, given the seasonal sluggishness in tourist arrivals and the fact that it may take [...]

In choppy trade, the Bombay Stock Exchange benchmark today closed with a moderate gain of 18 points as investors indulged in profit-booking, tracking the weak European trend.
The Sensex, which had surged to 30-month high by adding 124.41 during the day, rolled back to close with a small gain of 17.83 points at 18,130.98.
The intra-day surge [...]

The yen neared a 7-1/2-month high and Asian stocks slid on Thursday after comments by the head of the Federal Reserve added to concerns about the US economy, causing investors to dump riskier assets ahead of European bank stress test results.
Fed Chairman Ben Bernanke described the US outlook as “unusually uncertain” but gave no indication [...]

Top telecom players are expected to report moderate an increase in sales and operating profit for the June 2010 quarter after a gloomy performance in the past two quarters. However, their net profits are likely to fall on account of higher forex losses.
Even though the pressure on tariff continues due to new players foraying into [...]