European Market News
Sensex zips past 60K as risk regains favour
Analysts are divided whether surge in stocks is a bear market rally or start of fresh bull run
3 min read18 Aug 2022Global markets: US futures gain, Asia pares loss on China trade
After a big sell-off Tuesday on Wall Street, stocks in Australia, Japan and South Korea were still down, though by less than the 3.2% tumble in the S&P 500 Index
2 min read5 Dec 2018Merrill Lynch fined $45.5 million in UK for failing to report transactions
Merrill Lynch was fined 34.5 million for not reporting two years' worth of exchange traded derivative transactions, in the first penalty under the European Markets Infrastructure Regulation
1 min read23 Oct 2017Biocon says first set of biosimilars to hit European market by early 2018
The firm, along with Mylan NV, is developing four biosimilars: pegfilgrastim, trastuzumab, adalimumab and insulin glargine
2 min read22 Oct 2016European stocks retreat amid concern over central bank policy
Spain's IBEX 35 Index, Greece's ASE Index and Italy's FTSE MIB Index fell the most , losing at least 2.3%
1 min read12 Sep 2016Reports of the death of Europe are greatly exaggerated
The prophecies about the collapse of European Union say more about biases of the prognostication industry and the media's infatuation with negativity
4 min read15 Apr 2016Sensex closes 330 points lower, Nifty below 7,400 ahead of GDP data
The Sensex closes 329.55 points, or 1.34% down at 24,287.42, posting its biggest single-day fall since 20 January
1 min read8 Feb 2016S&P downgrades Tata Steel, keeps outlook stable
The rating has been cut to BB- from BB, citing lower prices, competition and weaker profitability
2 min read14 Jan 2016Apollo Tyres may miss 2020 revenue target
Tyre maker cites slow demand in Europe, price cuts, influx of cheap imported tyres from China as hurdles
3 min read2 Dec 2015Sensex closes 541 points lower as metals stocks fall amid global selloff
The index falls 2.1% to 25,651.84 after climbing to a two-week high earlier
2 min read22 Sep 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared