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New Delhi: The All India Motor Transport Congress (AIMTC) on Friday announced it will go on a nationwide indefinite strike from October 1, as the government did not respond to their demand to revoke TDS and toll charges. "We had a meeting with Road Transport and Highways Minister Nitin Gadkari yesterday (Thursday) who refused to talk on the issues (including removal of toll charge)," Bhim Wadhwa, ...
After falling for three straight days, gold prices recovered by Rs. 50 to Rs. 26,700 per ten grams at the bullion market today, supported by fresh purchases by jewellers to meet seasonal demand, amid a firming global trend.Silver also rebounded by Rs. 600 to Rs. 34,800 per kg, on increased offtake by industrial users and coin makers.Traders said emergence of buying by jewellers and retailers, triggered ...
After falling for three straight days, gold prices recovered by Rs. 50 to Rs. 26,700 per ten grams at the bullion market today, supported by fresh purchases by jewellers to meet seasonal demand, amid a firming global trend.Silver also rebounded by Rs. 600 to Rs. 34,800 per kg, on increased offtake by industrial users and coin makers.Traders said emergence of buying by jewellers and retailers, triggered ...
Gold traded flat on Friday, on track to post its biggest weekly drop in five as strong U.S. economic data supported the case for a near-term increase in interest rates.The upward revision in U.S. economic growth in the second quarter to 3.7 percent from the initial estimate of 2.3 percent spurred market expectations that the Federal Reserve could still raise rates this year despite a global equities ...
After falling for three straight days, gold prices recovered by Rs. 50 to Rs. 26,700 per ten grams at the bullion market today, supported by fresh purchases by jewellers to meet seasonal demand, amid a firming global trend.Silver also rebounded by Rs. 600 to Rs. 34,800 per kg, on increased offtake by industrial users and coin makers.Traders said emergence of buying by jewellers and retailers, triggered ...
By Lionel Laurent LONDON (Reuters) - A white-knuckle ride for global markets this week looked set to end with a whimper on Friday, with equities and commodities giving up some of their eye-popping bounces as investors turned their focus back to central banks' ability to avert deflation. While insignificant compared to the near-10 percent drops and rebounds seen on some markets this week, the choppy ...
The U.S. government has approved Britain's request to have 50 of its older model Apache helicopters refurbished and upgraded by Boeing Co and other U.S. companies, a deal valued at around $3 billion (1.95 billion pounds), the Defence Department announced on Thursday.The Pentagon's Defence Security Cooperation Agency (DSCA), which oversees foreign arms sales, notified U.S. lawmakers on Wednesday about ...
Japanese electronics giant Panasonic Corp will stop making lithium-ion batteries at its factory in Beijing this month, cutting 1,300 jobs as it faces stiff competition from South Korean rivals, the Nikkei business daily said on Thursday.The plant, which produces batteries for mobile phones and cameras mainly for non-Japanese brands, has been struggling to boost profitability, the paper said.Panasonic ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
By Lionel Laurent LONDON (Reuters) - A white-knuckle ride for global markets this week looked set to end with a whimper on Friday, with equities and commodities giving up some of their eye-popping bounces as investors turned their focus back to central banks' ability to avert deflation. While insignificant compared to the near-10 percent drops and rebounds seen on some markets this week, the choppy ...
BANGKOK, Aug 28 (Reuters) - Southeast Asian stock markets rose on Friday as upbeat U.S. economic growth data lifted sentiment in Asia, with foreign-led buying sending Malaysia's key stock index to a more than two-week closing high ahead of a three-day weekend. The Kuala Lumpur composite index rose 0.7 percent to its highest closing level since Aug. 13. Shares of oil and gas services firm Sapurakencana ...
Country's foreign exchange reserves rose by USD 920.6 million to USD 355.353 billion in the week to August 21, on account of higher foreign currency assets. In the previous reporting week, the reserves had increased by a healthy USD 1.086 billion to touch USD 354.433 billion. The reserves had touched an all-time high of USD 355.46 billion in the week to June 19. Foreign currency assets (FCAs), a ...
The US dollar ended dearer against the rupee at 66.14/15 per dollar but the pound sterling finished lower at Rs 101.74/76 per pound at the close of the Interbank Foreign Exchange market today. Following are the Interbank Forex and RBI rates: (In Rs Per Unit) Unit Interbank RBI Reference US Dollar 66.14/15 US Dollar Rs. 66.0808 Pound Sterling 101.74/76 ...
China's largest automaker SAIC Motor Corp Ltd warned on Thursday of a grim outlook for the overall vehicle market in the second half of the year, as the slowest economic growth in 25 years and a downturn in the stock market puts off buyers.Vehicle sales in China, the world's largest car market, rose a meagre 0.4 percent in the first seven months and are predicted to grow 3 percent this year, less than ...
** Citi downgrades Maruti Suzuki to "neutral" from "buy"** Sees downside risks to earnings driven by heady valuations, moderate domestic demand and dissipating FX tailwinds** Stock has 44 buy and 5 hold ratings - Eikon data** Trades at 12-month forward P/E of 20.8x vs 18x of rivals - Eikon data** Separately, sentiment remains underpinned on company's plan to raise FII investment limit in its AGM on ...
  Cities   Price (10g)
  Chennai   Rs. 24470.00 (1.37%)
  Mumbai   Rs. 24900.00 (0.97%)
  Delhi   Rs. 24200.00 (1.26%)
  Kolkata   Rs. 24160.00 (0%)
  Kerala   Rs. 24000.00 (0.63%)
  Bangalore   Rs. 23800.00 (0%)
  Hyderabad   Rs. 24140.00 (1.17%)

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