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Indian equity markets were buoyed by positive anticipation of the Goods and Services Tax (GST) Bill clearing parliament, supported by a perceptible inflow of foreign funds, and continued to accumulate profits during the week ended Friday. The two key equity indices -- the sensitive index (Sensex) of the BSE and the Nifty of the National Stock Exchange (NSE) -- gained around one per cent each, even ...
SBI Chairperson Arundhati Bhattacharya has said that there is no reason for the bank employees to be apprehensive of the upcoming mergers as there will be no losses of jobs or salaries in the process. "There are no losses of jobs or salary. There only might be a few transfers, that's it. There is no reason for strike," Bhattarcharya told IANS on Friday evening. "They are apprehensive of change," ...
Gold hit a near three-week high on Friday after much slower-than-expected U.S. economic growth weighed on the dollar, and was on track for a second monthly gain in a row. The U.S. Commerce Department reported that GDP grew at an annual rate of 1.2 percent in the second quarter, far less than economists' estimates of 2.6 percent growth. Spot gold, down initially, reached its highest since July ...
Gold steadied on Friday, as investors assessed the impact of a modest Bank of Japan stimulus, and was on track for a second monthly gain in a row, while the dollar retreated. The Bank of Japan expanded monetary stimulus on Friday through a modest increase in purchases of exchange-traded funds, yielding to pressure from the government and financial markets for bolder action to spur growth and accelerate ...
-BusinessWireIndia): SHEROES, an online career destination, India's largest forum for women professionals announces its fourth edition of the SHEROES Summit 2016 'Re-imagining the blueprint' with Lloyd Electric and Engineering Ltd.The Summit will be held in New Delhi on August 10th, 2016 (Wednesday) with the primary aim to enable greater economic independence among women.With the theme - Work Life ...
The ministry of Consumer Affairs, in the stakeholders meeting assured the Direct Selling Industry that the draft Guidelines are in the final stages. The Direct Selling Industry is expecting these Guidelines to differentiate between legitimate Direct Selling entities from money circulation (Ponzi) and Pyramid schemes.Minister for Consumer Affairs Food and Civil Supplies, Ram Vilas Paswan said that ...
SBI Chairperson Arundhati Bhattacharya has said that there is no reason for the bank employees to be apprehensive of the upcoming mergers as there will be no losses of jobs or salaries in the process. "There are no losses of jobs or salary. There only might be a few transfers, that's it. There is no reason for strike," Bhattarcharya told IANS on Friday evening. "They are apprehensive of change," ...
The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia. Royal Dutch Shell's Maran Gas Apollonia loaded up with gas at Cheniere Energy Inc's Sabine Pass LNG export plant in Louisiana, the map showed. ...

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 ...
SBI Chairperson Arundhati Bhattacharya has said that there is no reason for the bank employees to be apprehensive of the upcoming mergers as there will be no losses of jobs or salaries in the process. "There are no losses of jobs or salary. There only might be a few transfers, that's it. There is no reason for strike," Bhattarcharya told IANS on Friday evening. "They are apprehensive of change," ...
(Adds background, additional detail.) KARACHI, Pakistan, July 30 (Reuters) - Pakistan's central bank kept its key policy rate unchanged at 5.75 percent on Saturday, citing steady remittances and low oil prices. State Bank of Pakistan Governor Ashrah Mahmood Wathra also told a news conference that foreign direct investment is projected to increase as work on projects under the $46 billion China ...
By Stanley White TOKYO (Reuters) - The Bank of Japan's review of its monetary stimulus programme promised for September has revived expectations it could adopt some form of "helicopter money", printing money for government spending to spur inflation. The BOJ disappointed market hopes on Friday that it might increase its heavy buying of government debt or lower already negative interest rates, cementing ...
HONG KONG, July 30 (Reuters) - Fosun Group said on Saturday it has agreed to buy Brazilian fund manager Rio Bravo Investimentos, in the Chinese conglomerate's first acquisition in Latin America. Fosun did not disclose the value of the deal, but said in a statement that it expects to take advantage of the "exceptional period of change and economic renewal" taking place not only in Brazil but also ...
By Bernie Woodall and Joseph White DETROIT (Reuters) - Ford Motor Co on Thursday declared the U.S. auto industry's long recovery is at an end, sending its stock and those of rival auto companies tumbling. "The growth is over," Ford Chief Financial Officer Robert Shanks told Reuters in an interview. Shanks earlier forecast U.S. light vehicle sales would fall in 2016 from the record of 17.47 million ...
By Giles Elgood and Costas Pitas LONDON (Reuters) - Shockwaves from Britain's vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country's biggest banks, big extra costs for Ford, and consumer confidence plunging. Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut a further 3,000 jobs. One of Britain's biggest ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29430.00 (0.24%)
  Gold Rate in Mumbai   Rs. 30650.00 (-0.39%)
  Gold Rate in Delhi   Rs. 30000.00 (0%)
  Gold Rate in Kolkata   Rs. 30350.00 (0%)
  Gold Rate in Kerala   Rs. 28350.00 (0%)
  Gold Rate in Bangalore   Rs. 29150.00 (-1.42%)
  Gold Rate in Hyderabad   Rs. 29430.00 (-0.47%)

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