Markets News

New Delhi, Sept. 23 -- Boosted by the confidence shown by foreign institutional investors (FIIs), the once beaten-down real estate sector has witnessed a resurgence at the stock market even as concerns on their ability to deliver and the quality of their books of accounts linger in the air.

Encouraged by revival trends in the global economy and an infusion of cash, the 50-share Nifty of the National Stock Exchange kissed the 5,000-mark on Thursday ? the first time after a 16-month-long nerve-wracking downturn in the markets.

U.S. wealth, measured in assets under management, has fallen farther than its transatlantic cousin's.

Fears of inflation pushed gold prices to a new high on Tuesday, suggesting a dampen-ed demand this festive season.

Indian stocks closed at a 15-month high on Monday as global markets firmed on positive US jobs data last week that boosted hopes of economic recovery. A late monsoon surge added to sentiments of investors worrying about the economic impact of a worsening drought, although the downpour over the past week, experts say, isn?t much help to farmers.

London, Sep 5 (IANS) India, China, Russia and Brazil have opposed protectionism, while demanding a much greater say in the running of global financial institutions like the International Monetary Fund (IMF) and the World Bank.

Michael Maiello, Forbes.com
On Tuesday, the Institute For Public Policies released the study, "America's Bailout Barons," which is, so far, the most definitive look at who made the most money during the most troubled years on modern Wall Street.