Finally the Bombay Stock Exchange received approval from the Securities and Exchange Board of India for its proposed SME (Small and Medium Enterprise) Exchange. The BSE applied for permission for an SME Exchange in July 2010, and the final approval

Federal Reserve announced the recovery policy called 'Operation Twist' in order to solve the US Debt crisis. The main objective of this policy is to decrease the interest rates. What will happen if interest rates became low..???  When interest rates

The rupee went into a free fall on Thursday, declining 2.5 percent (or Rs. 1.23) against the USD. This is one of the sharpest single day drops in recent times. When we observe the stock market movement and the Rupee movement, we can see that both the

Founder of social networking site Facebook, Mr. Mark Zuckerberg, at the company's headquarters in Palo Alto, California. Facebook Inc. has set the later part of 2012 as the time for its much-anticipated Initial Public Offering of stock, the Financial

Weak factory output numbers and negative global cues sent the equity market into a tailspin on Monday. On August 12, when the June 2011 IIP was 8.8 percent, the Sensex was down 1.3 percent. At 3.3 percent, the Sensex has again seen a 2 percent drop today. The

Rising inflation, interest rates and fuel prices have moderated domestic auto industry growth in recent times. However, given the lower dependence on financed purchases and improved rural incomes, two-wheelers have continued to grow at a brisk pace. In

ONGC's (Oil and Natural Gas Corporation) follow-on-offer (FPO) may open on September 20 or 27. ONGC Logo The Red herring prospectus (RHP) for the FPO could be filed on September 5. The Government is offloading five percent of its stake in ONGC