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Gold staged a modest rebound after a brief overnight slide on the bullion market today following renewed offtake by jewellery stockists and retailers amidst seasonal demand.In contrast, silver slumped further due to sustained speculative unwinding as well as sluggish industrial buying.Standard gold (99.5 purity) rose by Rs 45 to finish at Rs 26,565 per 10 grams from Friday's closing level of Rs 26,520.Pure ...
The Reserve Bank of India (RBI) has proposed to lower the ceiling on how much a bank can lend to a single corporate group, in a move to curb risks in the banking sector at a time when bad loans are on the rise.Under the proposal, banks would only be allowed to lend up to 25 percent of their core capital, down from the earlier ceiling of up to 55 percent, starting Jan. 1, 2019.The central bank also ...
Gold staged a modest rebound after a brief overnight slide on the bullion market today following renewed offtake by jewellery stockists and retailers amidst seasonal demand.In contrast, silver slumped further due to sustained speculative unwinding as well as sluggish industrial buying.Standard gold (99.5 purity) rose by Rs 45 to finish at Rs 26,565 per 10 grams from Friday's closing level of Rs 26,520.Pure ...
Gold prices surged by Rs 150 to close at over three-week high of Rs 27,100 per 10 grams at the bullion market today on a firming global trend and sustained buying by jewellers to meet seasonal demand. On the other hand, silver witnessed selling at higher levels and declined by Rs 200 to Rs 38,550 per kg. Bullion traders said apart from sustained festive season buying by jewellers, a firming trend ...
AMSTERDAM (Reuters) - The Netherlands intends to join the Asian Infrastructure Investment Bank (AIIB), Prime Minister Mark Rutte said on Saturday, becoming the latest U.S. ally to seek membership in the China-led institution despite Washington's misgivings. Rutte announced the decision on his official Facebook page during a visit to China and after a meeting with President Xi Jinping. "There is ...
New Delhi, Mar. 28 (ANI): Ties between India and Afghanistan are historic. The two countries have enjoyed friendly ties since ages and India continues to rebuild Afghanistan, says a book written by scholars and diplomats from South Asia . The book titled 'India and South Asia: exploring regional cooperation', written by scholars from the region, including Afghanistan, talks about India's role in ...
New Delhi: Reliance Communications, part of the Anil Ambani-led group, has acquired new and top-up 800/850 MHz spectrum in 11 circles. The acquisition of the new spectrum intends to achieve a contiguous five MHz spectrum holding nationwide in the recently concluded telecom airwaves auction, a company statement said here on Friday. The company stated that with this acquisition, it has become India's ...
Sydney: Popular social media site Facebook will introduce suicide prevention and support tools for vulnerable Australian users in the coming months, a company official has said. The initiative, which was welcomed by mental health groups when it was unveiled in the US earlier this year, allows users to report concerning online posts, The Brisbane Times reported on Friday. The posts are then reviewed ...

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 ...
By Ann Saphir and Michael Flaherty SAN FRANCISCO/WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen signalled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual. A downturn in core inflation or wage growth could force the Fed to delay ...
* Intel in talks to buy Altera - WSJ * Healthcare buoys indexes as biotechs bounce back * Yellen says rate hike could be warranted later this year * Indexes up: Dow 0.19 pct, S&P 0.24 pct, Nasdaq 0.57 pct (Updates to market close) By Chuck Mikolajczak NEW YORK, March 27 (Reuters) - U.S. stocks rose modestly on Friday after late news of merger talks in the semiconductor space boosted the ...
AMSTERDAM (Reuters) - The Netherlands intends to join the Asian Infrastructure Investment Bank (AIIB), Prime Minister Mark Rutte said on Saturday, becoming the latest U.S. ally to seek membership in the China-led institution despite Washington's misgivings. Rutte announced the decision on his official Facebook page during a visit to China and after a meeting with President Xi Jinping. "There is ...
The Reserve Bank of India (RBI) has proposed to lower the ceiling on how much a bank can lend to a single corporate group, in a move to curb risks in the banking sector at a time when bad loans are on the rise.Under the proposal, banks would only be allowed to lend up to 25 percent of their core capital, down from the earlier ceiling of up to 55 percent, starting Jan. 1, 2019.The central bank also ...
(Reuters) - A U.S. jury has found that Ford Motor Co did not infringe four patents owned by a Washington state company in its onboard computer systems, clearing the Detroit automaker in a $240 million lawsuit, Ford said on Friday. The jury in federal court in Tacoma, Washington, also found in Ford's favor on its claim that the patents' owner, Eagle Harbor Holdings, stole Ford's trade secrets, according ...
By Bernie Woodall DETROIT (Reuters) - Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday. Last year's compensation for Fields, 54, was for half the year as CEO and half as chief operating officer. For 2013, he made $10.2 million as COO. ...
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