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The Government has put the derailed economy back on track, contained inflation and improved investors' confidence in the past one year, Prime Minister Narendra Modi said today while promising to do more in the coming days to meet the "high expectations" of people."Economic growth has been revived, and (India) is amongst the fastest in the world. Inflation is substantially down. Fiscal prudence has ...
Gold fell more than 1 percent on Tuesday as the dollar extended gains following stronger U.S. inflation data and comments from Federal Reserve Chair Janet Yellen that reinforced the central bank's tightening bias on monetary policy.Spot gold dropped to a two-week low of $1,192.60 an ounce earlier and was down 1 percent at $1,193.73 by 1003 GMT.U.S. gold futures for June delivery were down $10.40 at ...
Gold fell more than 1 percent on Tuesday as the dollar extended gains following stronger U.S. inflation data and comments from Federal Reserve Chair Janet Yellen that reinforced the central bank's tightening bias on monetary policy.Spot gold dropped to a two-week low of $1,192.60 an ounce earlier and was down 1 percent at $1,193.73 by 1003 GMT.U.S. gold futures for June delivery were down $10.40 at ...
Gold today eased by Rs 25 to Rs 27,450 per ten grams at the bullion market here, due to subdued demand from jewellers and weak overseas trends. Silver prices also fell by Rs 200 to Rs 38,850 per kg on reduced offtake by industrial units and coin makers. Weak global trends impacted gold prices here, marketmen said. In global markets, gold dropped to about two-week lows as prospects for US interest rate ...
BANGKOK, May 26 (Reuters) - Most sharemarkets in Southeast Asia fell on Tuesday with the Thai index ending at a near two-week low and the Philippines touching a near four-week low after trade data while stocks in Indonesia bucked a weak trend on inflows into select large-caps. The Thai SET index eased 0.7 percent to 1,497.98, its lowest close since May 14. Exports fell less than expected in April, ...
* Spanish stocks impacted by govt's defeat in local election * Ryanair's shares rise after airline's profits surge * Europe bourses in 2015: http://link.reuters.com/pap87v * Asset performance in 2015: http://link.reuters.com/gap87v By Sudip Kar-Gupta LONDON, May 26 (Reuters) - European stock markets stumbled on Tuesday, as Greece's debt problems and a battering for Spain's government in local ...
Samsung Group's de facto holding company on Tuesday sought another cornerstone as it reconstructs South Korea's biggest conglomerate to smooth the path for management succession, offering more than $8 billion to buy an affiliate with a key stake in flagship firm Samsung Electronics.Cheil Industries Inc, with interests from construction to fashion, is offering new stock priced at about 8.9 trillion ...
Budget carrier SpiceJet has hiked the salary packages of its Bombardier Q-400 fleet commanders by 20-25 per cent, bringing them on par with Boeing pilots, sources said. The move is also aimed at arresting the increased migration of such pilots to the cash-rich gulf airlines, who offer attractive pay packages, they said. The Gurgaon-based carrier currently has a fleet of 34 planes - 19 Boeing 737s ...

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 ...
BANGKOK, May 26 (Reuters) - Most sharemarkets in Southeast Asia fell on Tuesday with the Thai index ending at a near two-week low and the Philippines touching a near four-week low after trade data while stocks in Indonesia bucked a weak trend on inflows into select large-caps. The Thai SET index eased 0.7 percent to 1,497.98, its lowest close since May 14. Exports fell less than expected in April, ...
* Spanish stocks impacted by govt's defeat in local election * Ryanair's shares rise after airline's profits surge * Europe bourses in 2015: http://link.reuters.com/pap87v * Asset performance in 2015: http://link.reuters.com/gap87v By Sudip Kar-Gupta LONDON, May 26 (Reuters) - European stock markets stumbled on Tuesday, as Greece's debt problems and a battering for Spain's government in local ...
The Government has put the derailed economy back on track, contained inflation and improved investors' confidence in the past one year, Prime Minister Narendra Modi said today while promising to do more in the coming days to meet the "high expectations" of people."Economic growth has been revived, and (India) is amongst the fastest in the world. Inflation is substantially down. Fiscal prudence has ...
China's yuan currency is no longer undervalued after its recent substantial appreciation, but the government should quicken reforms to get to having "a floating exchange rate", the International Monetary Fund said on Tuesday.The IMF has previously labeled the yuan as "modestly undervalued", despite the currency's gradual appreciation since a landmark 2005 revaluation. The yuan has gained sharply against ...
Mahindra & Mahindra today unveiled an updated version of its sports utility vehicle XUV500, with the prices starting at Rs 11.21 lakh (ex-showroom Delhi).While the entry level variant W4 is priced at Rs. 11.21 lakh, the highest trim W10 comes with a tag of Rs 15.99 lakh."Today, as we launch the new-age XUV500, we have enhanced the finesse and driving experience, while retaining the DNA of the cheetah-inspired ...
** Shares in Tata Motors Ltd fall 1.1 pct** Traders cite caution ahead of Jan-March earnings due onTuesday** Earnings could disappoint on the back of Jaguar LandRover sales in China, says an analyst at a domesticbrokerage** Thomson Reuters StarMine shows mean consensus forecastsfor consolidated Jan-March net profit at 40.946 billion rupees ($643.35 million) but it does not include the latest revisions** ...
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