Moscow's Sinking Ship
The Moscow Times - Russia
The only difference is that the US subprime mortgage market was big enough to start a chain reaction that is dragging down world financial markets. ...
Mauritius beckons Indian banks to tap futures, forward markets
Business Standard - Mumbai,Maharashtra,India
The Reserve Bank of India is not in favour of a memorandum of understanding with the Bank of Mauritius for sharing of information in the financial sector. ...
'US sub-prime crisis impacting India in a moderate way'
Hindu Business Line - Chennai,India
Hong Kong, Shanghai and Tokyo markets open before India and so their impact is felt in the Indian market. Meanwhile, on inflation, the Finance Minister said ...
Dow Shrugs Off Early Slide After Fed Move
New York Times - United States
The declines came after the Bank of England, the Fed's counterpart, offered $10 billion in short-term loans to bolster financial markets and lower lending ...
US subprime crisis will moderately hit India: FM
Moneycontrol.com - Mumbai,India
Chidambaram said that Indian stock markets have been moderately impacted by the US subprime crisis. This was while he was debating the Budget in the Rajya ...
Sensex drops 951 points as fear, caution grips investors
Economic Times - Gurgaon,Haryana,India
Investors dumped stocks fearing the contagion which started in US financial markets may have spread to Asian shores as well. Key indices in the Asia Pacific ...
Turmoil in financial markets
Hindustan Times - India
The Bombay Stock Exchange index has extended fall to 5 per cent with this fall as markets open on Monday. Press Trust Of India Gold prices zoomed past all ...
The 10 biggest falls of the Sensex
Rediff - Mumbai,Maharashtra,India
"In fact, we now have to track what is happening in Asian markets. Hong Kong, Tokyo and Shanghai open before Indian market opens, and if you watch closely, ...
Fed cuts rates but stocks plunge
Bangkok Post - Thailand
"Turbulence in global financial markets is putting upward pressure on interest rates through rising credit spreads at a time when Australian interest rates ...
India Rupee Falls on Concern Stock Losses to Spur Fund Outflows
Bloomberg - USA
``The impact of global financial market development is going to be deep on India, particularly on the rupee, because inflows will slow,'' said Ajay Mahajan, ...
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