Business

S&P 500 briefly turned negative after the US Federal Reserve said the economy had weakened.

The extension will be with effect from September 5 this year till September 4, 2013.

Monday's huge sell-off extended the losses in the previous week, which was Wall Street's worst in more than 2 year

Standard & Poor's says India, Japan and Malaysia are still to come out of the economic meltdown of 2008.

Udayan Mukherjee, managing editor, CNBC-TV18 said the markets can certainly fall because of liquidity adjustments.

Standards and Poor's on Friday downgraded the US long-term credit rating from top-tier AAA by a notch to AA-plus.

Standard & Poor's (S&P) has downgraded the US government's 'AAA' sovereign credit rating.

The Sensex shed more than 700 points at one point of time, but finally closed down 387 points.

Gold edged up on Friday as investors used bullion to shelter from the storm engulfing financial markets.

The US Securities and Exchange Commission has dropped its administrative action against the former Goldman Sachs director.

SEBI also scrapped the non-compete fee the acquirer pays to a target company as part of the takeover rules.

In 2012, the world economy is anticipated to see 4.5 per cent growth.

Three senior executives of Reliance ADAG are lodged in Tihar Jail in the 2G spectrum scam case.

Earlier this year, Infosys too had received an I-T notice demanding about Rs 450 crore in tax.

Consumer morale globally improved slightly from the fourth quarter of 2010.

Vikram Pandit has been taking home a token one dollar salary from Citigroup since 2009.