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Roubini Says Stocks Have Risen ‘Too Much, Too Soon, Too Fast’

New York University Professor Nouriel Roubini, who accurately predicted the financial crisis, said stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors. “Markets have gone up too much, too...

FM bats for long-term ‘inclusive growth’, drops short-term crowd-pleasers

As the trading day began, most stock market players were predicting a bold, impetus-led Union Budget 2009-10 that would invigorate corporate and retail investors alike. But after handsome gains made in the initial trade in the early morning, the...

Consumer Confidence in India – finally feeling the pinch!

How long can one escape the clutches of the present global economic crisis? While the world went into an economic slowdown towards the end of 2008, Indians have just started losing confidence in their economy. In recent times consumers...

Future of retail sector in 2009

Shoppers are closing their wallets worried by job losses, sinking stock markets and prospects of a prolonged recession. There should be a major contraction in consumer spending that will be aggravated by banks being overcautious in lending. Banks in...

Sensex remains flat

Indian stock market started today on a positive note. The 30-share index, BSE Sensex opened with a gain of 19.72 points, at 9,034.On Wednesday, after a volatile day, Sensex settled with a marginal loss of 20 points at 9,015....

Markets remain green amid volatility

Indian stock market experienced insipid opening this morning despite the Asian markets, especially China and Hong Kong, doing well. The 30-share index, BSE Sensex opened with a gain of 12 points, at 9214. Nifty kicked off the day at...

Sensex dips below 9,000, Nifty below 2,800

The market opened today on a weak note. Thirty-share BSE Sensex Sensex started the day at 8956, down 143 points from its Tuesday’s close. Broad-based NSE Nifty too went read to kick off the day down 38 points at...

Chidambaram: Retail investors be cautious

As the Sensex zooms to touch benchmark index nearing 18,000-point level, Finance Minister P Chidambaram advised retail investors in stock market to be cautious, even as he welcomed the interest evinced by FIIs.“I do not think retail investors are...

Mukesh pips Lakshmi to richest post

Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world, thanks to the unprecedented boom in the domestic stock market. Ambani’s net worth has soared past $50 billion, making...
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Ace Turtle wins Images Award of Excellence at IFF 2024

The award celebrates Ace Turtle’s efforts in establishing itself as India's first fully digitally integrated retailer Bengaluru: Technology-native retail company Ace...
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