Tax math: Mid-caps may see sharp swing

March 6th, 2010 — Stock News

Tax math: Mid-caps may see sharp swingInvestors sitting on unrealised losses may sell positions and buy them back next fiscal year. Invest more in equity I Top gainers, losers & recommendations

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US deficit tops Obama forecast: CBO

March 6th, 2010 — Stock News

US President Barack Obama has underestimated the government budget deficit for the next decade by 1.2 trillions dollars, estimates by Congress showed on Friday.

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Toyota fiasco a wake-up call for Japan

March 6th, 2010 — Stock News

Toyota's poor handling of its massive global recalls has highlighted a glaring weakness in Japan's otherwise sophisticated corporate culture: crisis management know-how.

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Forex reserves shrink $375 mn

March 6th, 2010 — Stock News

This was partly on account of revaluation of non-dollar assets and partly on account of dip in the value of gold in reserves.

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Futures based on non-$ pairs gain

March 6th, 2010 — Stock News

Even as the popularity of bond futures declines with every trading session, futures based on currency pairs other than the dollar-rupee are finding favour with market participants.

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iPad to hit US stores April 3

March 6th, 2010 — Stock News

Apple Inc said the first iPads will be in US stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.

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‘Greece doesn’t need to sell islands’

March 6th, 2010 — Stock News

Prime Minister George Papandreou said on Friday that Greece did not need to sell some its uninhabited islands to raise cash and plug its gaping budget deficit, as suggested by some German MPs.

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