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Gold pared gains on Friday, while the dollar turned up and U.S. stocks fell, as investors struggled to decipher the timing of a U.S. interest rate increase following comments by Federal Reserve Chair Janet Yellen and other officials. In her much-awaited speech, Yellen said the case for raising U.S. interest rates has strengthened, although increases should be gradual. Spot gold rallied 1.5 percent ...
The National Payments Corporation of India (NPCI) on Thursday said the Unified Payments Interface (UPI) will go live for customers of 21 banks. The relevant details of the service would be available on the website of 21 banks, the NPCI said. According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days. The list of banks providing the ...
Mumbai/Bengaluru: Gold discounts in India fell to nearly three-month lows this week while fresh buying gathered some steam elsewhere in Asia as price corrections and festive buying lifted demand for the yellow metal. The safe-haven asset, which is highly sensitive to interest rates, has declined more than 1 percent this week as upbeat US economic data boosted expectations of an interest rate hike ...
Gold edged higher on Friday as markets braced for a speech by Federal Reserve chair Janet Yellen later in the session, which is being closely watched for clues on the direction of U.S. interest rates. Yellen is scheduled to address a meeting of central bankers in Jackson Hole, Wyoming, at 1400 GMT. Top Fed officials have pushed the case for a rate hike in the past week, citing improvement in U.S. ...
FRANKFURT (Reuters) - European Central Bank rates could remain low unless other policy areas start contributing, raising the risk that they could increasingly hit their effective lower limit, a top policymaker said on Saturday. In a largely academic speech, ECB Executive Board member Benoit Coeure also warned the effect of monetary stimulus in such an environment could be weakened and come with increasing ...
[India], Aug 27 (ANI): India's largest online marketplace IndiaMART and APJ Abdul Kalam Technical University has announced signing of a Memorandum of Understanding (MoU) to promote skill development and equal employment opportunities to the affiliated colleges of the University.A one of its kind association, the university is collaborating with a corporate to provide employment opportunities to its ...
The National Payments Corporation of India (NPCI) on Thursday said the Unified Payments Interface (UPI) will go live for customers of 21 banks. The relevant details of the service would be available on the website of 21 banks, the NPCI said. According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days. The list of banks providing the ...
Mumbai/Bengaluru: Gold discounts in India fell to nearly three-month lows this week while fresh buying gathered some steam elsewhere in Asia as price corrections and festive buying lifted demand for the yellow metal. The safe-haven asset, which is highly sensitive to interest rates, has declined more than 1 percent this week as upbeat US economic data boosted expectations of an interest rate hike ...

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 Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve officials. The S&P 500 rose after Fed Chair Janet Yellen said the case for raising rates had strengthened but did not indicate when ...
* Fed's Fischer hints at more than one U.S. rate hike this year * Fed Chair Yellen gives no indication of rate hike's timing * Herbalife drops on report of Icahn's planned stake sale * Indexes: Dow off 0.29 pct, S&P off 0.16 pct, Nasdaq up 0.13 pct (Updates to close) By Chuck Mikolajczak NEW YORK, Aug 26 (Reuters) - U.S. stocks ended modestly lower after a volatile session on Friday, having ...
FRANKFURT (Reuters) - European Central Bank rates could remain low unless other policy areas start contributing, raising the risk that they could increasingly hit their effective lower limit, a top policymaker said on Saturday. In a largely academic speech, ECB Executive Board member Benoit Coeure also warned the effect of monetary stimulus in such an environment could be weakened and come with increasing ...
By David Chance WASHINGTON (Reuters) - For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to helicopter money drops, Federal Reserve Chair Janet Yellen appears to believe she can tackle any future downturn using the tools currently at her disposal. Speaking in Jackson Hole, Wyoming, on Friday after a Fed policymaker and other economists proposed ...
By Promit Mukherjee and Aditi Shah MUMBAI/NEW DELHI (Reuters) - Foreign exchange losses after Britain's decision to leave the European Union and higher expenses offset strong sales growth at India's Tata Motors, more than halving its net profit in the April-June quarter. Tata Motors' profit was hit by forex losses of 22.96 billion rupees ($342.43 million) mainly due to pound depreciation post-Brexit ...
NEW DELHI, Aug 26 (Reuters) - India's Tata Motors Ltd on Friday posted a 57 percent fall in quarterly net profit, missing estimates, as foreign exchange losses after Britain's decision to leave the European Union offset higher sales at its luxury unit Jaguar Land Rover. Consolidated net profit for the three months ended June 30 fell to 22.36 billion rupees ($337.11 million) compared with 52.31 billion ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 29880.00 (0.47%)
  Gold Rate in Mumbai   Rs. 30760.00 (0%)
  Gold Rate in Delhi   Rs. 30100.00 (0%)
  Gold Rate in Kolkata   Rs. 30420.00 (0.3%)
  Gold Rate in Kerala   Rs. 29150.00 (0.34%)
  Gold Rate in Bangalore   Rs. 29500.00 (0%)
  Gold Rate in Hyderabad   Rs. 29880.00 (0.47%)

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