Global Markets
Mecklai graph of the Day: Spanish bond yield has been escalating over the last 2 years and a similar pattern has been observed in the unemployment rate. Wherein Youth unemployment rate ballooned to a 51.5% from 45% last year.Wed, 13 Jun 2012 15:57:14 +0530
European shares edged up and the euro was flat on Wednesday as worries over contagion from Spain's banking sector were heightened by a sharp rise in the country's borrowing costs.Wed, 13 Jun 2012 13:32:02 +0530
With the threat of European debt contagion wafting through the air, investors are heading for cover, taking their most conservative positions since the depths of the financial crisis.Wed, 13 Jun 2012 09:30:03 +0530
The US markets rallied over a percent, ending at the high point of the day and wiping out most of the previous session's declines amidst optimism that central banks could move towards stimulating the global economy.Wed, 13 Jun 2012 07:57:36 +0530
At 7: 45 am (IST), Asian markets were trading mixed.Wed, 13 Jun 2012 07:48:04 +0530
MARKETS-USA-STOCKS:Wall St bounces, takes cue from Spanish yieldsWed, 13 Jun 2012 02:22:07 +0530
MARKETS-USA-STOCKS:Wall St rebounds; Spanish yields come off highsTue, 12 Jun 2012 21:56:03 +0530
US stocks opened slightly higher on Tuesday as investors continued to scrutinize a bailout plan for Spanish banks and prepare for critical weekend elections in Greece.Tue, 12 Jun 2012 19:12:03 +0530
The US markets accelerated their selloff in the final minutes of trading to close down more than 1% across the board, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.Tue, 12 Jun 2012 07:54:00 +0530
At 7: 45 am (IST), Asian markets were trading lower.Tue, 12 Jun 2012 07:46:38 +0530
MARKETS-USA-STOCKS-CLOSE:Wall St falls on euro zone concernsTue, 12 Jun 2012 02:02:02 +0530
MARKETS-USA-STOCKS:Wall St flat on euro zone concerns, Greek electionMon, 11 Jun 2012 20:16:02 +0530
The European Central Bank has asked Spain to review and strengthen its plans to create "bad banks" where the lenders would park their toxic real estate assets to later sell them off, an ECB document showed on Monday.
Mon, 11 Jun 2012 20:12:02 +0530
Mecklai graph of the Day: the U.S. trade deficit narrowed to $50.1 billion in April from $52.6 billion in March as falling crude oil prices helped reduce the nationâs import bill and even a stronger dollar helped US to curtail its trade deficit whereas Chinaâs trade data came in much stronger than expected.Mon, 11 Jun 2012 16:00:40 +0530
Mark Priest, senior. trader, ETX Capital, says that this week, the markets finally received 100 billion euro bailout for the Spanish banks. This news has been taken very positively by the markets. Mon, 11 Jun 2012 15:46:26 +0530
Politics
Sources had said the Prime Minister has invited Mamata Banerjee for a meeting on Wednesday, though the time was not fixed.
A UN-sponsored referendum must be held for creation of Tamil Eelam and expatriate Lankan Tamils also must be allowed to vote, said Karunanidhi.
Congress General Secretary Digvijaya Singh said that "our effort is for consensus".
India
Four persons were killed and 16 others injured in the clashes that broke out after a pedestrian used water meant for some religious purpose.
The youth was apparently kidnapped by LeT terrorists in Jammu and Kashmir and taken to PoK for arms training.
The Konkan division of the SSC board topped with 93.94 per cent of successful candidates.
Tech
Reliance Industries Limited has applied for both .ril and .indians generic top-level domains.
List of the 21 domain name suffixes applied for by Indian companies.
Permira, another private equity group, had previously been in talks to buy Vertu but did not make an offer.
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