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Rupee ends steady at 61.86 vs USD

2015-01-30 18:40:00

In a volatile trade, the rupee today recovered towards the fag-end to end steady at 61.86 against the American currency at the Interbank Foreign Exchange due to mild selling of dollars by banks and exporters. The rupee today resumed slightly higher at 61.84 per dollar as against the last closing level of 61.86 and firmed up further to 61.70 on initial selling of dollars by exporters. However, the ...
Russia extended its buying spree of gold to a ninth straight month, data from the International Monetary Fund showed on January 27.The global financial institution confirmed the Netherlands did not increase its bullion holdings in December, contrary to the IMF's earlier report that the bank had raised gold holdings for the first time in 16 years.The Dutch central bank, the world's ninth-biggest official ...
Russia extended its buying spree of gold to a ninth straight month, data from the International Monetary Fund showed on January 27.The global financial institution confirmed the Netherlands did not increase its bullion holdings in December, contrary to the IMF's earlier report that the bank had raised gold holdings for the first time in 16 years.The Dutch central bank, the world's ninth-biggest official ...
The slide in gold continued for the second straight day, with prices tumbling by Rs 200 to Rs 28,100 per ten gram at the bullion market today largely in tandem with a weakening trend overseas amid low demand from jewellers. In line with overall trends, silver also plunged by Rs 1,550 to Rs 37,550 per kg on poor offtake by industrial units and coin makers. Bullion traders said apart from sluggish ...
* GDP headline disappoints, consumer spending up * Visa to split shares in four * Indexes down: Dow 0.9 pct, S&P 1 pct, Nasdaq 0.6 pct (Updates to morning trading, adds data, comment) By Rodrigo Campos NEW YORK, Jan 30 (Reuters) - U.S. stocks fell on Friday, pressured by concern over euro zone stability and its potential impact on U.S. corporate results and by domestic economic growth data. ...
Aeon Co. Ltd. of Japan has reached an agreement with First Vietnam Joint Stock Company Ltd (hereinafter Fivimart Co.) and Dong Hung Co. Ltd (hereinafter Citimart Co.) to develop supermarket business in Vietnam. Fivimart is the largest supermarket company in Hanoi, operating 20 stores in the capital. Advocating locally-based management, the company offers products that meet local needs. Furthermore, ...
COLOMBO, Jan 30 (Reuters) - Sri Lanka's annual inflation rate picked up to 3.2 percent year-on-year in January, from 2.1 percent in the previous month, the state-run Department of Census and Statistics said on Friday. The annual average inflation, measured on 12-month moving average fell to a record low of 3.2 percent this month from 3.3 percent a month earlier. It hit a record high of 8.8 percent ...
Former footballer David Beckham says he has become "a taxi driver" for his four children after retirement. During his appearance on "Jimmy Kimmel Live!", Beckham said he had his hands full driving around sons Brooklyn Joseph, Romeo James, Cruz David and his daughter Harper Seven to school, reports aceshowbiz.com. "To be honest, I've become a taxi driver overnight with the kids. I'm literally an Uber ...

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 ...
* GDP headline disappoints, consumer spending up * Visa to split shares in four * Indexes down: Dow 0.9 pct, S&P 1 pct, Nasdaq 0.6 pct (Updates to morning trading, adds data, comment) By Rodrigo Campos NEW YORK, Jan 30 (Reuters) - U.S. stocks fell on Friday, pressured by concern over euro zone stability and its potential impact on U.S. corporate results and by domestic economic growth data. ...
* FTSEurofirst 300 dips but set for best month since Oct '11 * 'Europe on the verge of an upgrade cycle' - Morgan Stanley * European equities see biggest inflows since Dec 2013 By Blaise Robinson PARIS, Jan 30 (Reuters) - European stocks dipped on Friday but remained on track to post their best monthly performance in over three years, lifted by hopes the European Central Bank's quantitative ...
By Manoj Kumar NEW DELHI (Reuters) - India's economy grew almost 50 percent faster in 2013/14 than earlier thought, the government said on Friday after changing a formula, a reminder of the challenges that unreliable statistics present to Indian policymakers. In the year leading up to the elections that brought Prime Minister Narendra Modi to power last May, the economy grew 6.9 percent, not the ...
By Manoj Kumar NEW DELHI (Reuters) - India's economy grew almost 50 percent faster in 2013/14 than earlier thought, the government said on Friday after changing a formula, a reminder of the challenges that unreliable statistics present to Indian policymakers. In the year leading up to the elections that brought Prime Minister Narendra Modi to power last May, the economy grew 6.9 percent, not the ...
BANGKOK, Jan 30 (Reuters) - The Philippine main index hit a record close on Friday, marking its biggest monthly gain in 11 months, while the Indonesian benchmark snapped two sessions of losses amid foreign inflows into selected large caps. The Philippine composite index closed up 0.95 percent at 7,689.91, surpassing an all-time closing high of 7,661.18 hit on Jan. 28. It was up 6.35 percent ...
Former footballer David Beckham says he has become "a taxi driver" for his four children after retirement. During his appearance on "Jimmy Kimmel Live!", Beckham said he had his hands full driving around sons Brooklyn Joseph, Romeo James, Cruz David and his daughter Harper Seven to school, reports aceshowbiz.com. "To be honest, I've become a taxi driver overnight with the kids. I'm literally an Uber ...
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