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India's third-biggest software services firm Wipro Ltd narrowly missed market expectations with an eight percent rise in second-quarter profit, but said it saw a rosier end to the year as more confident U.S. clients increase spending.For the quarter ended Sept. 30, Bangalore-based Wipro posted consolidated net profit of 20.85 billion rupees ($340.4 million). Analysts, on average, were expecting Wipro ...

Rupee ends flat; outlook positive

2014-10-22 17:49:16

The rupee ended flat on Wednesday, as gains in shares amid hopes for more economic reforms from the Narendra Modi government were offset by caution ahead of a long weekend.The rupee rose around 0.27 percent for the week against the dollar. Recent measures by the government, including deregulation of diesel prices and plans to open up the coal industry to private players, have raised expectations for ...
Gold eased on Wednesday from the previous day's 6-week peak as the dollar rose to a one-week high against a basket of currencies, with signs of softening physical demand also pressuring the metal.Prices were supported however by worries over the outlook for the global economy, heightened this week after China said third-quarter growth was the slowest since 2009. That has lifted appetite for counter-cyclical ...
After two days of gains, gold prices fell by Rs 75 to Rs 27,850 per ten grams on the eve of Diwali in the national capital today owing to slackened demand from jewellers and retailers at existing higher levels amid a weak trend overseas. Silver also eased by Rs 100 to Rs 38,900 per kg on lack of buying support from industrial units. Traders said sentiment turned bearish due to fall in demand at prevailing ...
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