Month: October 2013
CNBC.com | Wednesday, 30 Oct 2013 | 7:01 PM ET Indian equities have had a stellar run over the past two months, recently rising to a three-year high, but analysts warn that the market rally is ripe with risks. “Investors ought to be cautious on India. The economy will continue to suffer from a […]
Identifying India as one of the five fragile economies of the world, a top US economist has predicted an uncertain outlook for its future in view of the next year’s general elections. “The big question about India now is what happens in the election next year and who will be the new government. That’s […]
Source: IRIS (25-OCT-13) The advent of festive season has brought mixed results for corporate sector as the net profit of India Inc. surged by 15% in the second quarter (Q2) i.e. during July-September of the ongoing financial year 2013-14 (FY14), according to Assocham study on corporate performance. ”There has been a marginal year-on-year (Y-o-Y) decline of 1.8% in the […]
By: Neerja Pawha Jetley | Special to CNBC.com CNBC.com | Monday, 21 Oct 2013 | 6:58 PM ET Eighty-two year-old Usha Kumar from Hyderabad should be considered fortunate compared to the majority of women in India. As a Fulbright scholar with a doctorate in philosophy from Ohio State University in the United States, she taught […]
Shown is Reliance Monthly chart. Expected is a new uptrend beginning. Pretty much at the bottom here. One target is Rs 1050/-. Stop loss is a weekly close below Rs 830 levels.
By: Leslie Shaffer | Writer for CNBC.com CNBC.com | Monday, 21 Oct 2013 | 12:52 AM ET Emerging market equities are poised to extend gains into year-end, according to contrarian indicators, said Bank of America-Merrill Lynch’s fund manager survey for October. “Allocations towards emerging market stocks remain stubbornly low despite elevated Chinese growth expectations,” the […]
By Jason Lange WASHINGTON (Reuters) – If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work. Many people would not notice right away if the government hits […]
Reuters | Thursday, 10 Oct 2013 | 8:19 PM ET India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes of attracting billions of dollars in investment and may ease some restrictions on foreign inflows in order to do so, sources said. Finance Minister P. Chidambaram and […]
If Janet Yellen’s nomination to head the Federal Reserve gets the nod from the Senate, she would be the first woman to head the most powerful central bank in the world. That would make the Brooklyn, NY-born economist arguably the most influential woman on the planet, probably surpassing other notables such as German Chancellor Angela […]
October 7, 2013, 4:36 PM ET A government shutdown that drags on for a month or longer could trigger a 20% to 30% correction in the market, Barry Ritholtz said in an interview with Yahoo Finance. The U.S. is kicking off its second week of a partial shutdown, and the heated rhetoric spewing from politicians […]