Political instability always bad for bourses, says FM Finance Minister P Chidambaram, on Sunday, said stock markets could not be insulated from external developments but ruled out any role for the government and the regulator as long as the price movement was orderly.
Tata Motors now mulls 1 lakh car After unveiling the worlds cheapest car with a price tag of Rs one lakh, Indian auto major Tata Motors is now gearing up to tap the other extreme of the market with new models of its newly acquired luxury brands Jaguar and Land Rover priced in excess of one lakh pounds.
Political equations to hold the key Dalal Street is likely to get the much needed direction and stability after the vote of confidence on UPA government on June 22 this week, even as falling crude oil prices may impact positively, analysts say.
Tech earnings diverge as economy weakens IBM and other technology companies whose products help big corporations save money or expand data storage capacity are faring better than those relying on consumers as the economy slows.
Customers look at imitation rubber shoes for sale at a market in Manila on Sunday. Rising food and energy prices in Philippines pushed its June inflation rate to 11.4 percent. AFP
