Govt hints at steps to stem capital inflows India may take steps to moderate capital flows, which are expected to swell after a steep 75 basis point cut in interest rate by the US Federal Reserve earlier this week, Finance Minister P Chidambaram said on Thursday.
MARKETS / Selling spree sees Sensex skid 372 points
Dalal Street flatters to deceive These are the tough times for investors of all hues at Dalal Street with the market on Thursday tumbling as selling pressure emerged in the second half of the day.
NRIS SAFELY RIDE STORM NRIs were net sellers of shares worth close to Rs 23 crore on January 14, the first day of seven-day downslide that continued till January 22, according to BSE data.
INTEREST RATES MAY DROP SOON
Want a loan? Wait till end of Jan There is a strong possibility that interest rates will soon go down leading to a saving in your loan repayment.
Aditya Birla Retail plans more marts With existing 350 supermarket outlets, the company would scale up its supermarket chain more to 500 stores across India by end of current fiscal.
Handy choice... Model and actress Yana Gupta poses with the newly unveiled Sony Ericsson handset in New Delhi on Thursday. The two new handsets - R300i and R306i made in India for the first time is priced between Rs 3,500 to Rs 5,000. AFP
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