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Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that a safety crisis around the Japanese auto parts maker is far from contained.Toyota's action follows a recall by rival Honda Motor Co for the same problem two weeks ago after revelations of a fifth death, in Malaysia, linked to Takata's air bag inflator.More ...
Outstanding positions remaining to roll over in futures are not as heavy compared to previous series, say analysts.Indicates most arbitrage positions got rolled over or unwound, according to Dolat Capital."This shows one should expect muted volatility in last leg of trade compared to previous series," says Prachi Save, analyst at Dolat Capital Market Pvt Ltd.The Nifty fell 90 points during expiry of ...
Gold dipped for a second session on Thursday, holding below $1,200 an ounce, as outflows resumed from the top bullion exchange-traded fund and traders remained cautious before an upcoming Swiss referendum on central bank bullion assets.A weaker dollar after lacklustre U.S. data, however, checked losses in gold which is seen as a safe-haven asset."Gold is stuck on either side of $1,200 with a break ...
The World Gold Council (WGC) has signed an agreement with Indian Institute of Management, Ahmedabad (IIM-A), to set up an India Gold Policy Centre (IGPC), to conduct research on all aspects of this sector. This is the first such initiative by the WGC. Proposed to be situated within the IIM-A campus, the Centre is being set up with a financial grant from the WGC and will operate independently. It is ...
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