Free Press Journal
  • Govt looks to allay FPI fears

    New Delhi : Seeking to assuage foreign investors, the government said Tuesday there were no changes in the April 10 Sebi circular and overseas Indians would continue to be allowed to invest up to 5 per cent in any security under current regulations.

  • Note ban likely to fuel volatility in markets, say banks, brokerages

    “The flash decision to demonetize Rs 500 and Rs 1000 notes announced on Wednesday reflects the government’s strong intent to improve India’s global image by curbing the menace of black money and counterfeit currency. This is one of the best measures taken by the government and will bode well not only for the indigenous industry but also foreign investors. This is a significant step for creating a “Swacch Bharat” free from corruption”.

  • sensex

    Profit booking dents equity markets

    Mumbai: Profit booking, along with lower crude oil prices and a weak rupee, dented the Indian equity markets during the mid-afternoon trade on Tuesday.

  • sensex

    Markets end flat despite positive cues

    Mumbai: Despite India on the verge of a major economic reform, healthy inflows of foreign funds and supportive global cues, the Indian equity markets closed flat during the last week.

  • bse-sensex

    Profit booking, Asian cues dent equity markets 

    Mumbai: Profit booking, along with negative Asian indices and a weak rupee, dented the Indian equity markets during the late-afternoon trade session on Thursday.

  • infosys

    Infosys net up, dollar guidance down, stock sinks 

    Bengaluru: Infosys Ltd on Friday reported double-digit net profit and revenue for April-June quarter but lowered annual revenue guidance in dollar value, resulting in its stock plunging on the bourses.

  • Sensex down

    Stocks get the global blues again, Sensex trips 112 pts

    Mumbai: Mirroring global weakness, the Sensex today took its first hit in seven sessions by falling 112 points ahead of key central bank announcements, including US Fed’s June minutes.

  • Post-Brexit currency volatility may hit India’s exports: FIEO

    New Delhi: Currency volatility post Britain’s decision to exit from the EU may put pressure on India’s exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters’ body FIEO said today.

  • Market Crash

    Sensex pares some early losses after initial crash

    Mumbai: After crashing over 1,090 points in early trade on free-fall in global equities following the Britain’s decision to leave the EU, the BSE Sensex recovered slightly to trade about 689 points lower in pre-close session on value-buying in key bluechips.

  • raghuram-rajan

    Rajan in ‘Basel huddle’ of central banks as Brexit roils markets

    Basel: RBI Governor Raghuram Rajan and heads of central banks from across the world got into a huddle today in this Swiss town as Britain’s vote to exit European Union gave an early morning shock to the financial markets globally.
    Rajan, who has been pitching for greater coordination among central banks to deal with such situations, was expected to reiterate this point amid fears that Europe may slip into recession and many more countries

  • Sensex red down

    Brexit rattles Indian markets, Jaitley and Rajan seek calm

    Mumbai – Britain’s decision to opt out of the European Union (Brexit) rattled Indian financial markets on Friday, shaving some over 1,000 points, or 4 per cent, off a key equities index, while pulling the rupee below the $68 mark.

  • Sensex down

    Sensex, Nifty nose-dive ahead of Brexit result

    Mumbai – Amid mixed predictions on the outcome of Britain’s historic referendum on leaving or remaining in the European Union (EU), key Indian equity indices opened sharply lower on Friday and drifted lower, with barely two hours left for the actual result, awaited anxiously the world over.

  • Sensex regains

    Sensex up by 295 points, regains 27k in pre-close trade

    Mumbai: Making a strong turnaround from the cautious start, the BSE Sensex rebounded 295 points to trade above the crucial 27,000-mark in late afternoon deals, driven by a firming trend in global market as UK voters began to cast ballots on ‘Brexit’ referendum.