Investors boosted global stocks strongly on Tuesday and sold the dollar, lifting equities off six- and seven-week lows. MSCI’s all-country world stock index was up 0.8 percent, with Europe putting in gains of around 1.5 percent.
The world index is still down more than 10 percent for the year. Stocks were weaker on Monday in response [...]

Tracking gains in global markets, the key benchmark indices rose in the early deals today. The benchmark Sensex was up 121 points at 14,387 levels and the Nifty was up 36 points at 4,287 levels.
“In the medium term, 4080 is a critical level. Till the market stays above this level it would be in the [...]

The Indian currency
on Friday turned stronger by 31 paise to 49.46/47 against the US dollar in morning trading as local stocks surged
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sharply with sustained capital inflows in the equity.
In active trade at the Interbank Foreign Exchange forex) market, the rupee resumed firm at 49.60/62 per dollar against its previous close of 49.77/78 per dollar [...]

NEW YORK: Football
may be a poor accessory of candid in the Indian sports arena, but the bold has becoming India-born business administrator Lakshmi Mittal a in yet addition affluent list- the world’s richest soccer club owner.
In a baronial of the world’s 10 richest owners of able soccer clubs, Mittal has been called at the [...]

The trades between India and Russia was about $5.3 billion in 2008 and the target is to reach $10 billion by 2010.

“Russia and India can cooperate in the potential sectors of energy, space exploration, IT, pharmaceuticals, metallurgical industry,” said Vladimir V Lazarev. consul general of Russian Federation at a session organised by the Merchants’ Chamber [...]

When Moser Baer, the world’s second-largest manufacturer of compact discs, bought back foreign currency convertible bonds worth
the last three months, it had to pay just $12.4 million. Depressed market conditions and a liquidity crisis helped the company make a gain of around $38.6 million, which translates into an extraordinary gain of over Rs 190 crore [...]

HONG KONG: Asian stocks were mostly higher in holiday-thinned trade Friday after surprisingly upbeat earnings in the US, but Japanese banks
tumbled on fresh worries about their balance sheets amid the country’s crippling recession.
Japan’s mega lenders got pummeled after Sumitomo Mitsui Financial Group warned investors that it sank into the red in the just-ended fiscal year. [...]

NEW DELHI: Corporate India mopped up an absorbing Rs 31,069 crore via rights affair in 2008, a two-fold acceleration over the antecedent year, as fund raising from the debt bazaar and through IPOs broiled up amidst the all-around bread-and-butter crisis.
During the agenda year 2008, funds amounting to Rs 31,069 crore were aloft through rights issue, [...]

Washington, April 09: The US trade deficit fell more than expected in February to a nine-year low as a prolonged recession sliced imports, the Commerce Department said on Thursday.
The deficit dropped for the seventh consecutive month — by 28.3 percent to USD 26 billion from a revised USD 36.2 billion in January, the department said [...]

Colombo, April 09: The Sri Lankan Army on Thursday denied its troops “extensively acclimated actinic weapons” adjoin the Tamil Tigers.
The Army declared the accusation by the Liberation Tigers of Tamil Eelam (LTTE) addition accomplishment by the “pro-Tiger mouthpieces common … clumsy to abstract the base defeat at the easily of aegis forces”.
“The Army actually denies [...]