The BSE benchmark snapped a five-day losing streak, on Wednesday, rallying 1.6 per cent following strong global cues, which included the US Federal Reserve’s pledge to keep interest rates near zero for two more years. However, a volatile European market and [Read More...]

Oracle Corp is seeking damages ‘in the billions of dollars’ from Google Inc in a patent lawsuit over the smartphone market, according to a court filing. The disclosure on Thursday was the first time either side publicly mentioned the cumulative scale [Read More...]

The European Central Bank looks set to keep its benchmark interest rate stable at 1.25 percent at its June 9 meeting, analysts told CNBC.com. Policymakers will remain “strongly vigilant” on inflation and global growth concerns, as well as on any [Read More...]

At 11:49 hours IST, the 50-share NSE Nifty was hovering around 6,000 – a psychologically important level, there was a bit of volatility due to some profit booking at higher levels. Heavyweights like Reliance Industries, ONGC, Wipro, ICICI Bank, SBI [Read More...]

Prashanth Narayan, VP & Head-PMS, ING Mutual Fund spoke to CNBC-TV18’s Anuj Singhal and Latha Venkatesh and gave his perspective on which way the market is heading. Below is a verbatim transcript. Also watch the accompanying video. Q: Now at 5,600 levels, [Read More...]

The world’s biggest companies are planning to boost their international investments over the next two or three years, with most spending planned in major emerging economies, according to a United Nations study. China, India and Brazil are the top three target [Read More...]

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