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Market News

Location American Market News for 4 July 2013

NRIs make a beeline to capitalize on falling rupee

livemint.com - 4 Jul 2013 20:00
NRIs make a beeline to capitalize on falling rupee Financial planners see surge in enquiries on rupee's fall as overseas Indians look to remit, buy real estate or stocks
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Firstsource shares surge on report of 4.9% stake changing hands According to a Bloomberg report, around 32.5 million shares changed hands on NSE
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Alonso: We must trust in Pirelli

CNN - 4 Jul 2013 17:45
Ferrari ace Fernando Alonso said that the Formula One grid had to place their "trust" in tire supplier Pirelli to sort out the problems which blighted last weekend's British Grand Prix at Silverstone.
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Tie-up with Mangalore Chemicals can bring scale and synergies to Deepak Fertilisers Investment in Mangalore Chemicals will help Deepak Fertilisers increase its exposure to agriculture-inputs business
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Irda has relaxed minimum sum assured on short-term policies The regulator may have reduced the sum assured for the insurer, but not much will change for you.
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Rent earned in India is taxable

livemint.com - 4 Jul 2013 14:56
Rent earned in India is taxable Rent that you earn from an apartment will be taxed in India irrespective of your residential status.
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Monthly market commentary: June

livemint.com - 4 Jul 2013 14:55
Monthly market commentary: June Indian bond and equity markets were not spared from the global wrath and corrected through the month.
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Indian bond yield drops as cash in the banking system improves The benchmark 10-year bond yield ends down 8 basis points at 7.42%
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Easing gold prices fail to lift demand

livemint.com - 4 Jul 2013 13:23
Easing gold prices fail to lift demand Gold for August delivery on MCX stood 0.44% lower at `26,180 per 10 grams
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HUL shares jump 2.27% as open offer ends

livemint.com - 4 Jul 2013 13:15
HUL shares jump 2.27% as open offer ends The scrip closes at `600.75, matching the offer price of `600 for a share
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Better times ahead for Madras Cements

livemint.com - 4 Jul 2013 10:44
Better times ahead for Madras Cements Madras Cements has got its act together through the downturn by gearing up on scale and efficiency
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Global economy slowed in June

livemint.com - 4 Jul 2013 09:58
Global economy slowed in June The Global All-Industry Output index falls to its lowest level this year
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Many lending rates lower now than in 2004

livemint.com - 4 Jul 2013 06:38
Many lending rates lower now than in 2004 FM asks banks to cut lending rates to boost credit growth; but are high rates the only deterrent to investments?
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Sensex advances; ITC, software majors lead gains

livemint.com - 4 Jul 2013 06:15
Sensex advances; ITC, software majors lead gains A depreciating rupee boosts software stocks on expectations of higher revenue in rupee terms
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Asian stocks cautious as ECB, US job data loom

livemint.com - 4 Jul 2013 04:58
Asian stocks cautious as ECB, US job data loom Asian stocks mixed, market wary ahead of key events; ECB policy decision due later, US jobs data on Friday
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Opening Bell 4 July | Political tensions weigh on markets Unrest in Egypt and fresh uncertainty over the outlook for China's economy cap gains in equity markets
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