Re at record low; Market Mayhem continues...

THE ECONOMIC TIMES Mon, Aug 19, 2013 | 05:46 PM IST Daily Newsletter

Rupee breaches 63, down over 2% The rupee closed at an all-time low of 63.13 on Monday and looked poised for further losses, with a series of measure... Sensex loses 291 points; Nifty ends above 5,400 It was yet another day of heavy selling in markets as panicky investors booked profits following sharp correction in ... Economic woes not comparable to 1991 crisis: Kaushik Basu India's economic problems cannot be compared to the country's 1991 balance-of-payments crisis, Basu said.... Gulf-based NRIs taking loans to reap benefits of fall in rupee Money exchangers and bankers in Muscat said that NRIs have started resorting to personal loans as rupee touched an al...

FEATURED STORIES Karbonn: How Pardeep Jain created a Rs 2,400 cr telecom behemoth In the mid-1990s, mobile phones were just beginning to make a foray, so we decided to make the most of it, said Prade... read more Starbucks builds war chest to take on CCD, Barista »  Why popcorn business is booming in India »

Popular Stories Hard political reality is that Narendra Modi cannot become PM 10 stocks that destroyed Rs 6,86,559 crore Why popcorn business is booming in India, with high sales & margins and new investments Stocks at multi-year low prices: Bargain buys or value traps?

Policies that we have followed since 2008-2009 are responsible for the mess we are in now... Yashwant Sinha ,Leader,BJP

Latest Updates In a bearish market, five mid-cap stocks that can return up to 49% Brokerage firm Prabhudas Lilladher picks up five mid-cap stocks which have the potential to rally 11-40 per cent in 1... Banks trade at mouth-watering valuations; can correct 10-15% more Slowdown in the economy, rising NPA levels and sharp depreciation in the value of currency have hit banking stocks th... No announcement on mobile phones linked to MNREGA: Govt The government today said it has not made any announcement to provide mobile phones to those job card holders who hav... Wholesale onion prices fall by Rs 5/kg in Delhi Wholesale onion prices fell by Rs 5 per kg in Delhi's Azadpur market to Rs 35-40 per kg due to substantial increase i...

Market Watch 19 Aug | 05:46PM SENSEX 18307.52 â†" -290.66 NIFTY 5414.75 â†" -93.10 USD/INR 60.64 â†" -0.32 GOLD (Rs/10g.) 31176.00 â†' 336.00

MARKET NEWS Stocks at multi-year low prices: Bargain buys or value traps? Even though stocks are quoting at multi-year low prices, it is too early to go bottom fishing. Here are the things to... 10 stocks that destroyed Rs 6,86,559 crore Investors and promoters have lost more in these 10 stocks since 2008 than that lost by the entire market after the do...

Gainers Losers 19 Aug, 2013, 05:46PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low G-Tech Info-Training Ltd. 0.05 25.00 114 0.05 0.05 Jaiprakash Power Ventures Ltd. 13.24 20.25 3940159 14.08 10.66 Globus Corporation Ltd. 0.06 20.00 10573 0.06 0.05

FEATURED SLIDESHOW Hyundai unveils 2014 Elantra MV Maersk Mc-Kinney Moller: World's largest container ship Vocanic eruption in Japan leaves city covered with ash Rolls Royce launches Wraith in India at Rs 4.6 crore more slideshows

FROM THE NEWSPAPER FM seeks 10-point action plan to revive economy FM asked his ministry to present a 10-point action plan to kick-start a set of measures to revive the economy and imp... Infra not tearjerker: From power to highways, Govt clears Rs 1.1 lakh cr worth projects Centre has unravelled last-mile hurdles holding up projects at a time PM has identified govt's primary task as reinvi... Ex-CEO Wipro, Girish Paranjpe likely to lead iGate, Capgemini's Parekh also in fray Paranjpe & one other backup candidate â€" Salil Parekh of Capgemini â€" have emerged the final contenders in a search bei... AirAsia India gets pilots & crew on board; route plans ready All the pilots are Indians hired from Kingfisher and the erstwhile Indian Airlines as well as from carriers in Singap... Dream cars take Mercedes Benz to top of luxury chart Starting at a price range of Rs 70 lakh and going up to Rs 5 crore, these super cars have seen Mercedes sales overtak...

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