Weekly review: Markets in free fall, Sensex, Nifty plunge to four-month lows

	Weekly review: Markets in free fall, Sensex, Nifty plunge to four-month lows Domestic and global negative factors weighed heavily on the bourses as both the benchmark indices, S&P BSE Sensex and the CNX Nifty, tanked sharply and ended at four-month lows following across-the-board sell-off, extending their losses for the second ...
	India to Ease Rules for Overseas Funds Purchasing Rupee Bonds India will ease investment rules for foreign funds purchasing government and corporate bonds, as policy makers seek more inflows from abroad to finance a record current-account deficit. The government will remove all restrictions and sub-limits within the ...
	FSLRC Suggested Constitution of Unified Financial Sector Regulator; reduced ... Financial Sector Legislative Reforms Commission (FSLRC) headed by Justice BN Srikrishna in its final report submitted to the Union Government of India on 22 March 2013 recommended constitution of unified financial sector regulator by deriving powers ...
	Cairn India starts oil output from new field in Rajasthan Block MUMBAI: Cairn India Ltd has commenced oil production from the Aishwariya field in the Rajasthan Block bordering Pakistan and also begun commercial sale of gas from there, the company said in a statement on Saturday. The company is engaged in oil and ...
	Railways to decide on possible passenger fare hike in Oct A decision on possible hike in passenger fares will be taken by the Indian Railways in October when it will review the fuel adjustment component (FAC) in the wake of rising fuel and energy cost. While the freight rate will go up by about 5.7 per cent from April 1 ...
	Maruti unfazed by slowdown, to ramp up Manesar capacity The country's largest car maker Maruti Suzuki India Limited (MSIL), which had stopped production for a day at its Gurgaon unit earlier this month to prevent inventory pile-up, will go ahead with its plans to commission a third assembly line at its Manesar facility ...
	Gold down on weak buying support; silver also slips Silver also retreated below the Rs 55,000 per kg level on heavy speculative unwinding coupled with sluggish industrial demand. MUMBAI: Gold prices moved down on the domestic bullion market today due to reduced buying from stockists and retailers at the ...
	Cyprus weighs big bank levy; bailout goes down to wire By Michele Kambas and Costas Pitas. NICOSIA | Sat Mar 23, 2013 9:00am EDT. NICOSIA (Reuters) - Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the ...
	China on course to become world's largest economy by 2016: OECD With $8.3 trillion, China is the second largest economy. It stands next only to United States which has $15.7 trillion strong economy. BEIJING: China is on course to become the world's largest economy "around 2016", a survey by the Organisation for Economic ...
	DoT refuses to extend licences of Vodafone NEW DELHI: In a major setback to Vodafone India, the telecom department has denied its request for extension of licences in Mumbai, Delhi and Kolkata that are coming up for renewal in late 2014. A top communications ministry official said a similar request ...