BRUSSELS (Reuters) – Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French doubts that a deal will be reached.
Stocks have ended four of the last five weeks higher, leaving the Nasdaq and S&P 500 at 18-month highs and the Dow industrials not far from such levels.
NEW YORK (Reuters) – French Economy Minister Christine Lagarde said on Saturday that she does not expect any decision to be made by Euro zone finance ministers next week on financial help for Greece.
BRUSSELS (Reuters) – Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
India has emerged as the second-fastest growing investor in the United States after the UAE between 2004 and 2008, a top Obama Administration official has said.
India is among the worlds top three preferred investment destination, but equity caps limit the size of potential inflows, according to a Columbia University report.
I want to invest Rs 20,000, divided into two equal parts, in two mutual funds for a long-term (three-five years). Is this the right time to invest in MFs? In the current financial year, I already have put Rs 10,000 each in Kotak Tax Saver and ICICI Prudential RIGHT.
I will soon retire. I plan to hold the mutual funds units till retirement and later use it for regular expenditure. I have no tax-saving funds, the provident fund deductions have been over Rs 1 lakh a year
Selecting insurance products can be confusing. There are products like unit-linked insurance plan (Ulip) where the policyholder can choose to invest in different securities and get market-related returns. Then, there are plans that promise to return a fixed sum
The economic slowdown and the terror attacks in Mumbai in November 2008 came down heavily on Indian hotel companies. One affected corporate travel and the other hit their leisure margins, too
There is a big debate on the recently concluded NMDC follow-on public offer (FPO). It is one of the biggest disinvestment offers, as it seeks to fill the government coffers by raising up to Rs 20,000 crore.
After tightening regulatory oversight over urban cooperative banks (UCBs) through its pact with state governments, the Reserve Bank of India (RBI) now wants UCBs to follow the International Financial Reporting Standards (IFRS) to improve governance practices.
Fixed deposits (FDs) are simple instruments, where the earnings are known at the time of making the deposit. But, matching the amount of interest earned on these deposits with the amount received and the tax deducted at source can be tough
The Nifty has gained 5.63 per cent, or 274 points, in the nine trading sessions of the March series so far, and is set to move towards its January high of 5,310. The F&O data suggest that the market is in the bull grip with foreign institutional investors building up fresh long positions after covering their short positions in the index futures last week