Recent Happenings

• Sensex up nearly 1400 points after Fed cuts rates, crosses b-d line of RT.

• FIIs pump in $1.2 billion in 3 days after Fed rate cut.

• BSE's listed market Cap pierces through Rs. 5000000 cr. mark.

• US Fed cuts key interest rates by 0.5% for the first time in four years.

• Inflation drops to 5-year low of 3.32%.

• Gold price surges to 28-year high.

• Crude oil leaps to all-time high levels above $82 mark.

• India's mobile users hit 200 million mark, 4 months ahead of schedule.

• Direct Tax collections up 41%, cross Rs.100000 cr. mark by Sep'15.

• Share of TDS in direct tax collection up to 50%, from 28% last year.

• RBI to examine extent of bad loans in real estate sector.

• HSBC Holding to close US sub-prime mortgage unit, takes $945 m. hit.

Learn the basics: http://knowmarket.blogspot.com/