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Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing oil prices and concerns about the global economy have revived its safe-haven status after years as the dog of global financial markets. The last time gold prices rose more than 10 percent in a 10-day stretch, the bullion market was in the last gasp of a decade-long rally that soon peaked ...
Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe haven demand.Asian shares slid as mounting concerns about the health of European banks further threatened a global economic outlook. MSCI's global stock index closed more than 20 percent below its all-time high.Safe-haven ...
As Sensex crashed 807 points to drop below 23,000-mark, its lowest level in 21 months, Congress today accused Prime Minister Narendra Modi of steering the economy "into a crisis". "PM Modi Government is an example of how not to manage a nation's economy," the party said in a commentary. Noting that Modi came to power promising a new dawn for India, it said that he travelled the world telling everyone ...
New Delhi: Wipro on Thursday said it will acquire HealthPlan Services for $460 million (about Rs 3,150 crore), a move that will help the country's third-largest software services firm strengthen its position in the US health insurance market. It will acquire HealthPlan Services from Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, the Indian software ...
As Sensex crashed 807 points to drop below 23,000-mark, its lowest level in 21 months, Congress today accused Prime Minister Narendra Modi of steering the economy "into a crisis". "PM Modi Government is an example of how not to manage a nation's economy," the party said in a commentary. Noting that Modi came to power promising a new dawn for India, it said that he travelled the world telling everyone ...
New Delhi: Wipro on Thursday said it will acquire HealthPlan Services for $460 million (about Rs 3,150 crore), a move that will help the country's third-largest software services firm strengthen its position in the US health insurance market. It will acquire HealthPlan Services from Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, the Indian software ...

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 ...
BANGKOK, Feb 12 (Reuters) - Southeast Asian stock markets were mixed on Friday, with a rebound in global oil prices attracting buyers of battered energy shares but weak sentiment in Asia kept risk-averse investors edgy. Singapore's key Straits Times Index was up 0.2 percent, led by a 3.4 percent jump in shares of Sembcorp Industries Ltd, the biggest index gainer. It is set to post a weekly loss ...
By Hideyuki Sano TOKYO (Reuters) - Asian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. The prices of yen, gold and liquid government bonds of favoured countries soared as investors rushed to traditional safe-haven assets. ...
Crude oil prices jumped almost 6 percent on Friday after comments by an OPEC energy minister sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply would persist. International Brent crude benchmarks were trading at $31.80 per barrel at 0139 GMT, up 5.8 percent, or $1.74, from their last settlement. Reuters market analyst Wang Tao said ...
* Rajan wants to integrate India into global economy, debate * Governor calls for external hires spark opposition * Seen by close RBI staff as easy-going, genial By Suvashree Choudhury and Neha Dasgupta MUMBAI, Feb 12 (Reuters) - In a video conference in mid-2014, Indian central bank governor Raghuram Rajan told employees that he wanted to hire talented external candidates and improve the quality ...
Alphabet Inc's self-driving project is advertising dozens of jobs on its website with a special focus on manufacturing expertise.Thirty-six jobs related to the Google X car project were listed including engineers working on motion control, displays, robotics and sensors as well as managers charged with operations, materials and marketing.Google, which declined to comment, has denied in the past that ...
NEW DELHI, Feb 11 (Reuters) - The Delhi government plans another round of tough measures to restrict the use of private cars and clean up toxic air in the Indian metropolis, the world's most polluted city. From April 15, for two weeks, cars will only be allowed on the road on alternate days, going by whether their number plates are odd or even, Chief Minister Arvind Kejriwal said on Thursday. "We ...
  Cities   Price (10g)
  Chennai   Rs. 25020.00 (0.81%)
  Mumbai   Rs. 25890.00 (0.98%)
  Delhi   Rs. 25200.00 (-0.2%)
  Kolkata   Rs. 25480.00 (1.03%)
  Kerala   Rs. 24800.00 (0.61%)
  Bangalore   Rs. 25000.00 (0.81%)
  Hyderabad   Rs. 25080.00 (1.09%)

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