The dollar is at Rs. 61.1 61.7 and things look bleak again. Despite the cut in liquidity by the RBI, the dollar is hitting a new high against the rupee – and ...
NSEL investors that put in 10 lakh rupees or less will get “preference” in the NSEL delayed settlement, says ET. Of the 13,000 investors, around 7,000 have ...
It feels good when mainstream media quotes you, and even better if it’s twice in the same day! Here’s Sundaresha Subramanian at Business Standard on how ...
Jignesh Shah, promoter of FT which in turn manages NSEL, the exchange that has defaulted on settlement (*), has had a press conference. The important point ...
India’s Purchasing Managers Index (PMI) for July 2013 came in at 48.4 (composite of Manufacturing and Services) the lowest since 2009. Numbers below ...
Liquid Funds have recovered substantially from their fall on July 16. Remember, on July 15, the RBI took extraordinary measures to cut liquidity and that ...
ET reports the story on the quasi-settlement and has a very disturbing data point: Adding to the sense of crisis, it has emerged that NSEL’s settlement ...
In a press release, NSEL has now said that it’s got some options on the table to settle. After meeting with people who are supposed to have given back money ...
NSEL might settle in five months, says Hindu BusinessLine. The embattled National Spot Exchange Ltd (NSEL) has agreed to settle Rs 5,400 crore due to over ...
