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Staying with its rising streak for the third day, the rupee appreciated 13 paise to 67.04 against the dollar in early trade today on increased selling of the US currency by exporters and banks amid higher foreign inflows. Forex dealers said a weakening dollar against other currencies overseas and a higher opening in the domestic equity market kept the rupee going. Yesterday, the rupee had gained 16 ...
Mumbai: Terming a sharp slowdown in China as a "significant risk" for global economy and the SAARC region in particular, Governor Raghuram Rajan on Thursday said RBI has been moderating any extreme currency volatility through its intervention.He also said India has in place a four-pronged defence against external shocks - "good policies; prudent capital flow management and swap arrangements; preventing ...
Gold edged higher on Thursday as the dollar's rally paused, moving away from a seven-week low hit in the previous session, though gains were limited by expectations the U.S. rates could rise as early as June.Spot gold rose 0.3 percent to $1,227.20 an ounce by 0945 GMT, its biggest intraday rise since May 17. The metal fell to the lowest since April 6 at $1,217.25 on Wednesday. U.S. gold was up 0.2 ...
Gold bounced back from a six-week low by edging up Rs 25 to Rs 29,225 per 10 grams today, snapping its two-day losing streak, driven by a rising trend overseas amid scattered buying by jewellers at the domestic spot market. Silver also halted its 8-day falling trend and rebounded by Rs 150 to Rs 39,600 per kg on increased offtake by industrial units and coin makers. According to traders, gold rebounded ...
Staying with its rising streak for the third day, the rupee appreciated 13 paise to 67.04 against the dollar in early trade today on increased selling of the US currency by exporters and banks amid higher foreign inflows. Forex dealers said a weakening dollar against other currencies overseas and a higher opening in the domestic equity market kept the rupee going. Yesterday, the rupee had gained 16 ...
BEIJING (Reuters) - Profit growth at China's industrial firms slowed in April, in line with other data for the month which suggested the economy may be losing steam again after picking up earlier in the year. China's industrial firms made 502 billion yuan ($76.59 billion) in profits last month, up 4.2 percent from the same period last year and compared with growth of 11.1 percent in March, the National ...
Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers. Snapchat did not disclose its valuation in the latest round of funding in its filing on Thursday. However, technology website TechCrunch reported on Monday, citing sources, that the company could be valued at ...
Those wishing to hop into a BMTC bus in Bangalore, can now track know the estimated time of arrival of their bus in advance. The newly-launched BMTC mobile application, currently available on the google playstore and soon to be available on iOS stores, aims to enable travellers to locate buses in their route and also provides the estimated time of arrival. It also helps them locate buses near the ...

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 ...

Morning News Call - India, May 27

2016-05-27 03:30:00

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05272016.pdf FACTORS TO WATCH 3:15 pm: State Bank of India Chairman Arundhati Bhattacharya at post earnings media conference in Kolkata. 5:00 pm: RBI to release weekly foreign exchange data in Mumbai. GMF:THE WEEKAHEAD - with Reuters markets editor Mike Dolan Join ...
* MSCI Asia-Pacific index up 0.2 pct, Nikkei gains 0.4 pct * US durable goods orders, pending home sales come in strong * Dollar consolidates after rallying earlier in the week * Fed Chair Yellen speech, U.S. GDP awaited * Crude slips after hitting 7-month high By Shinichi Saoshiro and Nichola Saminather TOKYO/SINGAPORE, May 27 (Reuters) - Asian stocks pulled ahead on Friday after U.S. ...
BEIJING (Reuters) - Profit growth at China's industrial firms slowed in April, in line with other data for the month which suggested the economy may be losing steam again after picking up earlier in the year. China's industrial firms made 502 billion yuan ($76.59 billion) in profits last month, up 4.2 percent from the same period last year and compared with growth of 11.1 percent in March, the National ...
By Tetsushi Kajimoto ISE-SHIMA, Japan (Reuters) - The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks of weak growth persist," the G7 leaders said ...
A flurry of deals between big automakers and ride hailing and transportation startups is rewriting the playbook in the contest to control the future of personal transportation.Automakers now recognise they may turn ride-hailing services and car sharing companies into steady customers for all sorts of vehicles, particularly hybrid and electric cars, industry executives and analysts say.Tie-ups with ...
Volkswagen AG has made substantial progress toward reaching a final settlement by late June with car owners and the U.S. government over the German automaker's cheating on diesel emissions tests, a federal judge said on Tuesday.U.S. District Judge Charles Breyer in San Francisco also reiterated that a settlement will include "substantial compensation" for owners of 482,000 polluting vehicles that emit ...
  Cities   Price (10g)
  Chennai   Rs. 28730.00 (1.13%)
  Mumbai   Rs. 29740.00 (-0.13%)
  Delhi   Rs. 29200.00 (0%)
  Kolkata   Rs. 29350.00 (0%)
  Kerala   Rs. 28000.00 (0%)
  Bangalore   Rs. 28400.00 (0%)
  Hyderabad   Rs. 28470.00 (-0.11%)

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