Eu Crisis

Alok Sama, president and founder, Baer Cap Partners explains on CNBC-TV18 that the market is in a phase of consolidation with increased global liquidity and risk-appetite driving the current rally.He expects no surprises from the Budget.

Rupee up 42 paise against dollar in early trade

The rupee gained 42 paise to 55.52 against the US dollar in early trade today at the Interbank Foreign Exchange market as the American currency weakened against Asian currencies overseas.

BRICS for collective action to deal with global problems

Concerned over the fallout of the European sovereign debt crisis, BRICS countries including India today called for collective efforts to deal with the problem. "Adversity of financial crisis is being faced by all.

See a very soft global economy: Mirae Asset Management

We see soft global economy, not only in the US or developed markets, but also in Asia, said Bill Belchere of Mirae Asset Management. He feels that the commodities would fall in this uncertain environment. He expects dollar to remain stable.

US needs about 150,000 jobs/month to maintain pace: EM Cap

Greek Prime Minister George Papandreou won a parliamentary confidence vote on Saturday. Meanwhile, the G20 summit ended with little progress on EU crisis. Seth R Freeman, chief executive officer of EM Capital Management shared his views on the news coming in from Greece and G20 summit, and the possible implications on the markets.

Commodity Broking bullish on dollar index; eyes 78-80 level

Even though there seems to be no resolution in sight for the problems in Europe, Jonathan Barratt of Commodity Broking Services expects to see a bullish run on the dollar index.

Indian companies to benefit from EU crisis: Expert

Horasis, an independent think tank based in Zurich, Switzerland, is reckoned as a platform for information sharing between developing countries and emerging markets. Over the recent past, it has discussed strategies to overcome the global economic crisis and the role of emerging markets.