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The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday."We are very much in the end-game," U.S. Trade Representative Michael Froman told reporters after a two-day trade ministers' meeting on the Philippine island of Boracay."Our ...
Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil.High on their agenda -- even if unofficially -- will be Greece and how it can stay in the troubled euro zone. Figures due on Friday from the United States that will almost certainly show the world's biggest ...
Government's ambitious gold deposit scheme can succeed only if depositors are paid a higher interest rate and banks are given more regulatory exemptions, Japanese brokerage Nomura said on Friday."Depositors want higher interest rates, while banks want regulatory exemptions. If these are provided, then the scheme may be successful," it said.Three days ago the government proposed a new scheme offering ...
Fewer auspicious days later this year compelled Ramesh Phalke, an auto company employee in Maharashtra, to hold his daughter's wedding in May. This bride was lucky because many other weddings will likely be postponed - to the dismay of the country's jewellers.Gold is an essential part of the bride's dowry in India and also a popular gift from family and guests at weddings. In fact, Kerala uses up to ...
The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday."We are very much in the end-game," U.S. Trade Representative Michael Froman told reporters after a two-day trade ministers' meeting on the Philippine island of Boracay."Our ...
The following are a set of 25 key achievements of Prime Minister Narendra Modi government in the past one year, as listed by stakeholders and analysts, and an equal number of challenges that need to be addressed: The Journey So Far: - Jan Dhan Yojana: More than 15 crore bank accounts opened, over 10 crore RuPay debit cards issued, with life cover, pension - Corporate sector adopts prime minister's ...
Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil.High on their agenda -- even if unofficially -- will be Greece and how it can stay in the troubled euro zone. Figures due on Friday from the United States that will almost certainly show the world's biggest ...
As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday.Quoting two people with knowledge of the email, the Times said it detailed how global carmakers needed to consolidate to save money ...

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 ...
* Yellen comments leave rate expectations unchanged on Wall Street * Core inflation highest since January 2013 * Boeing falls after Bombardier jet report * Microsoft down after report of Salesforce deal talks * Indexes end down: Dow 0.29 pct, S&P 0.22 pct, Nasdaq 0.03 pct (Updates to close) By Noel Randewich May 22 (Reuters) - U.S. stocks ended weaker on Friday after Federal Reserve Chair ...
By Noel Randewich (Reuters) - U.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street. In a speech, Yellen said the economy was well-positioned for growth and that it would take several years to return to normal interest rates. ...
The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday."We are very much in the end-game," U.S. Trade Representative Michael Froman told reporters after a two-day trade ministers' meeting on the Philippine island of Boracay."Our ...
Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil.High on their agenda -- even if unofficially -- will be Greece and how it can stay in the troubled euro zone. Figures due on Friday from the United States that will almost certainly show the world's biggest ...
As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday.Quoting two people with knowledge of the email, the Times said it detailed how global carmakers needed to consolidate to save money ...
US Justice Department investigators have identified criminal wrongdoing in General Motors Co's failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.Citing people briefed on the inquiry, the Times said a settlement could be reached as soon as this summer. The final number is still being negotiated, but ...
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