Tracking the meltdown in global stock markets, the rupee on Thursday plunged by 124 paise to close at nearly two-and-a half years low of 49.57/58 against the dollar, posing worries to policy makers on

Record-breaking gold topped $1,900 per ounce on Tuesday as investors sheltered from stubborn concern over a new global recession and the eurozone sovereign debt crisis, analysts said.

In early Asian

Mayhem across the globe and sustained pull-out by foreign funds fuelled a downward spiral as the benchmark Sensex dipped just below 16,000-mark after 15 months but later recover to end at 16,141.67, s

Tata Steel on Friday reported a nearly three-fold jump in its consolidated net profit at Rs5,346.55 crore for the quarter ended June 30, on one-time gains in selling stakes in Riversdale and Tata Refr

Indian car sales slid almost 16 per cent in July from a year ago, their biggest drop in nearly three years, as high interest rates kept buyers out of the showrooms, data showed on Wednesday.

Car sale

Software exporter Mahindra Satyam on Tuesday said it plans to wind down its American Depository Share programme in 2012 due to regulatory issues with the US market regulator SEC.

The company's Americ

Stocks rose more than 1 per cent on Tuesday after the previous session's nosedive, but markets could reverse if investors are not convinced the Federal Reserve has a plan to combat the meltdown linked

Attributing the stock market crash to panic selling by investors, the government on Friday said the Indian bourses would recover soon as fundamentals of the economy remained strong.

As the stock benc

US stocks seesawed, trading little changed on Friday as a better-than-expected payrolls report did little to alleviate fears of a double-dip recession.

US job growth accelerated more than expected in

Europe's main stock markets extended their losses on Friday, with both the London and Frankfurt dropping more than 2.7 per cent.

London's FTSE-100 index closed down 2.71 per cent to 5,246.99 points,