Search Results for: investors

rbi-chief-relies-on-dipping-trade-gap-to-comfort-market-worries

RBI Chief relies on dipping trade gap to comfort market worries

Mumbai, Nov 14 (ANI): Reserve Bank of India (RBI) governor, Raghuram Rajan, highlighted the narrowing current account deficit as he sought to reassure investors who are worried that the country would be hit hard in a global market sell-off. Rajan said that it was important for Reserve Bank of India (RBI) to clarify the interpretation of economic events and the likely direction of economic policies at times of uncertainty so that markets worry about right things. Seeking to comfort the investors, Rajan said that there has been a dramatic reduction in the country's trade gap as per the fresh datas. Rajan also sought to reassure investors worried about the rupee's stability after the RBI has allowed oil companies to source dollars directly in markets instead of a special window provided by the central bank. Nov 14, 2013
opinion-polls-are-absolute-trash-digvijay-singh

Opinion polls are 'absolute trash': Digvijay Singh

New Delhi, Nov 8 (ANI): Congress general secretary Digvijay Singh on Friday termed the opinion polls as 'absolute trash'. Dismissing reports that market investors are in favour of Narendra Modi for the post of Prime Minister, he said that the people of this country will select their prime minister, not the investors. Nov 8, 2013
sensex-hits-all-time-high

Sensex hits all-time high

New Delhi, Nov 01 (ANI): The Sensex has hit all-time high after five years and ten months on Friday. The stock index surged to an all-time high just after the opening bell, smashing its earlier record of 21,206 which was set in January 2008. After breaking its 2008 record, the Sensex kept going up, setting a new all-time high record of 21,279.92, up nearly 115 points. At its day's high, Nifty hit 6,329, nearly 30 points away from its record high of 6,357.10. Sustained inflows from foreign investors have been the biggest driver for the Sensex, which gained over 9 percent in the past month. Overseas investors have pumped in close to Rs. 18,000 crore in the past 20 sessions. Nov 1, 2013
mozambique-not-going-back-to-war-says-president

Mozambique 'not going back to war' says president

Mozambique's president insists that violent clashes with armed rebels do not spell a slide back to brutal civil war, stressing the energy-rich nation remains a safe bet for investors. Duration: 01:31 Oct 31, 2013
sc-orders-sahara-group-to-hand-over-rs-20-000-crores-worth-of-property-title-deeds

SC orders Sahara Group to hand over Rs.20, 000 crores worth of property title deeds

New Delhi, Oct 29 (ANI): The Sahara Group has been ordered by the Supreme Court to hand over title deeds of properties worth Rs.20,000 crore to the Securities and Exchange Board of India (SEBI) after hearing three contempt of court petitions filed by SEBI against the group's owner Subrata Roy. An apex court bench headed by Justices K. S. Radhakrishnan and J. S. Khehar warned Roy that he would not be permitted to go abroad till the title deeds of the properties are handed over. The court has given Roy three weeks to comply with its latest order. The case against Roy relates to him failing to deposit money belonging to Sahara investors' with the SEBI. The contempt petitions filed by SEBI are related to Sahara firms-Sahara India Real Estate Corp Ltd (SIREC) and Sahara India Housing Investment Corp Ltd (SHIC) - and their directors. Oct 29, 2013
sebi-to-formulate-rules-for-disclosures-to-curb-errant-trading-uk-sinha

SEBI to formulate rules for disclosures to curb errant trading: UK Sinha

New Delhi, Oct 10 (ANI): The country's capital markets regulator, Securities and Exchange Board of India (SEBI) is all set to formulate a new set of rules vis-a-vis disclosures by listed companies to curb errant trading of scripts such as insider trading and over or under rated deals. SEBI Chairman UK Sinha stated this in New Delhi on Thursday. He was speaking to the mediapersons on the sidelines of an event hosted by the PHD Chamber of Commerce and Industry. India, at present does not have any formal rules meant for dealing with the annulment of trades. Instead, stock exchanges across the country have devised their own guidelines. Recently, the SEBI took several measures to protect the interest of the investors. Oct 10, 2013
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