Indians Planet
Home of IndiansArchive for September, 2015
Will ‘October Effect’ play out again on Dalal Street?
MUMBAI: Will the 'October Effect' play out on Dalal Street this year? Historically, global stock markets have seen some of their biggest crashes during this month. With the undertone nervous these days, the market appears to be prone to a fall as foreign funds continue to pull money out of ...
‘To de-militarize Kashmir not the answer, to de-terrorize Pakistan is’
Reacting to Pak Prime Minister Nawaz Sharif's comments on Kashmir in his UN general assembly speech, India on Wednesday asked Islamabad to de-terrorize Pakistan instead of asking for de-militarizing Kashmir.
Stocks end worst quarter in four years on upbeat note
By Herbert Lash NEW YORK (Reuters) - Global equities ended their worst quarter since the 2011 euro zone crisis on an upbeat note with a rally on Wednesday on hopes that Wall Street had bottomed and the commodities rout was over, while the doll
EUR/USD falls sharply, amid diverging data in the U.S. and euro zone
US STOCKS-Wall St ends worst quarter in four years with a rally
* Stocks bounce after market sell-off * Biotechnology closes up 4.5 pct but still down for Sept * Sept private sector jobs data better than expected * Dow, S&P and Nasdaq down for the quarter * Indexes up: Dow 0.98
Ajay Piramal to hold 35% in merger with IL&FS
MUMBAI: Ajay Piramal, billionaire owner of drugs-to-financial services Piramal Enterprises, will become the promoter with 35% stake in the company to be created by the merger of his financial services business with infrastructure firm IL&FS. The all-stock deal, which will create a company with revenues of $2.5 billion, or ...
Nawaz Sharif rakes up K-issue at UN again
Pakistan's Prime Minister Nawaz Sharif on Wednesday called for an expanded United Nations Military Observers Group (UNMOGIP) to monitor the ceasefire between India and Pakistan, as part of what he proposed would be a new peace process between the two countries.
US STOCKS SNAPSHOT-Wall St ends up sharply; S&P posts worst qtr since 2011
NEW YORK, Sept 30 (Reuters) - U.S. stocks closed sharplyhigher on Wednesday as investors looked for bargains amongbeaten-down shares and the biotechnology index bounced back, butthe market still registered its worst quarter since 2011. Base
Stocks set to end worst quarter in four years on upbeat note
By Herbert Lash NEW YORK (Reuters) - The dollar gained and global equities rallied on Wednesday, adding an upbeat note to an otherwise dismal third quarter that is the worst for many markets since 2011, on hope that the rout in commodities has
US STOCKS-Wall St higher but set for worst qtr in four years
* Sept pvt sector jobs data better than expected * Yellen scheduled to speak later in the day * Indexes up: Dow 0.98 pct, S&P 1.27 pct, Nasdaq 1.65 pct (Updates to late afternoon, changes byline) By Sinead Carew S