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It will be no exaggeration to say that the Rs 11999 price point offers two of India's best value-for-money smartphones. There is the Redmi Note 3, which Xiaomi claims has already sold 2.3 million units, and then there is the LeEco Le2. LeEco Le2 after its first two flash sales on June 28 and July 5 on Flipkart shot up to become the top-rated smartphone on the site. It has dropped a few notches from ...
The Indian stock market plunged sharply on Thursday as investors chose to press the sell button afternews about Indian army's 'surgical strikes' on some terror camps across the Line of Control (LoC) raised fears of a probable retaliation from Pakistan.Though there were no such action from across the border, investors stayed wary, perhaps rightly so, of making aggressive moves and avoided picking up ...
Gold traded flat on Thursday, with earlier gains arrested by scepticism over whether OPEC members would be able to implement production cuts that could fuel inflation. The Organization of Petroleum Exporting Countries on Wednesday agreed modest output cuts in the first such deal since 2008. The news gave oil an initial boost only for the price to slip as investors questioned whether the deal would ...
Gold pared early gains on Thursday as the U.S. dollar recovered and global stocks rallied after oil producers agreed to curb output. The Organization of Petroleum Exporting Countries on Wednesday agreed modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low crude prices. Oil shares pulled ...
By Barani Krishnan NEW YORK (Reuters) - Oil jumped more than 1 percent on Thursday, with Brent nearing $50 a barrel on optimism over OPEC's first planned output cut in eight years, although gains were limited by doubts the reduction would make a substantial dent in the global crude glut. The Organization of the Petroleum Exporting Countries agreed on Wednesday to cut output to 32.5-33.0 million ...
By Rodrigo Campos NEW YORK (Reuters) - Crude oil futures rose on Thursday, adding to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender. Energy stocks fared better than the rest of the market as oil prices rose. The ...
Mumbai/Hong Kong: Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said, as the world's biggest retailer aims to break into a fast growing but highly competitive online retail market. One of the sources said the US retailer was looking to invest between $750 million and $1 billion in Flipkart, but the final value ...
Hyderabad: Centuries ago, Indian princes would bathe in the cool Kazhipally lake in Medak. Now, even the poorest villagers here in baking hot Telangana point to the barren banks and frothy water and say they avoid going anywhere near it. A short drive from the bustling tech hub of Hyderabad, Medak is the heart of India's antibiotics manufacturing business: a district of about 2.5 million that ...

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 Rodrigo Campos NEW YORK (Reuters) - Crude oil futures rose on Thursday, adding to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender. Energy stocks fared better than the rest of the market as oil prices rose. The ...
By Noel Randewich (Reuters) - Wall Street dropped on Thursday, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank. The S&P 500 financial index declined 1.49 percent after Bloomberg reported that some hedge funds have withdrawn excess cash and positions held at the German lender. Growing concerns over ...
By Rodrigo Campos NEW YORK (Reuters) - Crude oil futures rose on Thursday, adding to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender. Energy stocks fared better than the rest of the market as oil prices rose. The ...
BERLIN (Reuters) - European Central Bank Governing Council member Ewald Nowotny said on Thursday he did not believe that Europe faced a new banking crisis similar to that seen in 2007 and 2008, but the financial sector was clearly in a transitional phase. "I wouldn't overdramatize it. We're in a transitional and learning phase," Nowotny told Reuters before an event hosted by the Friedrich Ebert Stiftung ...
By Andreas Cremer PARIS (Reuters) - Porsche said it will be targeting younger buyers with a new model of its redesigned Panamera sedan, as the sports carmaker continues to branch out from its racing roots. Volkswagen -owned Porsche, traditionally known for high-performance two-door sports cars, said it will offer the Panamera as a shooting brake - a type of vehicle body which combines the sleek ...
England  - Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion & Co, where a planned three-metre robotic arm would have been speeding up output by now, if Britain had not voted to leave the European Union. "We're waiting to get a clear idea of what the future might be before we make any significant investments," owner Nick Bion said at the company ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29650.00 (-0.3%)
  Gold Rate in Mumbai   Rs. 30740.00 (-0.32%)
  Gold Rate in Delhi   Rs. 29900.00 (-0.33%)
  Gold Rate in Kolkata   Rs. 30080.00 (-0.73%)
  Gold Rate in Kerala   Rs. 29150.00 (0%)
  Gold Rate in Bangalore   Rs. 29500.00 (0%)
  Gold Rate in Hyderabad   Rs. 29740.00 (-0.5%)

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