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Gold prices steadied on Wednesday after falling nearly 2 percent in the previous session, underpinnes by escalating tensions in Ukraine but still under pressure from a weak chart picture and concerns over a slowdown in Chinese demand. Ukrainian government forces and separatist pro-Russian militia staged rival shows of force in eastern Ukraine amid escalating rhetoric on the eve of crucial four-power ...
 The rupee is trading at 60.28/29 versus its close of 60.23/24 on Tuesday as weakness in the domestic stock markets aids sentiment for the dollar.Exporters, however, seen selling on upticks preventing a very sharp rise in the pair. The pair is seen holding in a 60.20 to 60.40 range in the rest of the session.Traders are also cautious after data showed overseas investors sold Indian shares worth ...
Gold prices recovered by Rs 130 to Rs 30,130 per 10 grams in the national capital on Wednesday on scattered buying by stockists for the wedding season demand. However, silver fell further by Rs 300 to Rs 43,000 per kg on reduced offtake by industrial units and coin makers. Traders said some buying for the marriage season mainly helped gold prices to recover. They said reduced offtake by industrial ...
Gold prices steadied on Wednesday after falling nearly 2 percent in the previous session, underpinnes by escalating tensions in Ukraine but still under pressure from a weak chart picture and concerns over a slowdown in Chinese demand. Ukrainian government forces and separatist pro-Russian militia staged rival shows of force in eastern Ukraine amid escalating rhetoric on the eve of crucial four-power ...
Sandeep Patel, chief executive and managing director of Cigna TTK Health Insurance, says ProHealth, a product launched by the company recently, saw an equal number of individual and family floater plans being sold. However, he expects retail customers to be more inclined towards family floater plans in the days to come. This is because when looking for a family health cover, floater policies turn ...
Are you receiving emails or telephone calls from banks advising you to invest in recurring deposits because there is no tax deducted at source (TDS) in this case? Remember, such investments aren't tax-free. No TDS merely means the bank will pay you the entire interest amount without forwarding the tax on it to the government. However, the fixed deposit holder will have to include this interest income ...
HTC and Samsung might be taking lessons from each other with updates to their flagship handsets. Both the companies are forerunners when it comes to adorning new look for their smartphones. HTC is considering launching an updated HTC One M8 with a plastic chassis. Samsung, meanwhile, is considering a metal-alloy version of its Galaxy S5. Fighting a bitter battle over supremacy in the Android smartphone ...
Reliance Communications Ltd, India's fourth-biggest mobile phone carrier, will hike voice prices starting April 25, the company said in a statement, to counter an increase in input costs and higher spectrum payments.Reliance will increase tariffs on discounted and promotional plans for its pre-paid customers by up to 20 percent and raise headline call tariffs to 1.6 paise every second from 1.5 paise, ...

Sensex takes a hit

2014-04-16 15:36:40

The Indian stock market extended recent losses and ended notably lower on Wednesday.Concerns about weak industrial output, high inflation and a forecast for below normal monsoon dragged down stocks.A slightly strong rupee and weak GDP growth data from China hurt as well.Also, investors appeared reluctant to build up positions ahead of key results.The Sensex ended at 22,264.60 (provisional) with a loss ...
Japan's Nikkei share average surged on Wednesday after a better performance on Wall Street the day before and comments from Japanese Finance Minister Taro Aso that the market took to suggest more stock buying by the government's pension fund. Index heavyweight SoftBank soared after a strong earnings report from its Chinese e-commerce affiliate Alibaba Group Holding Ltd. The Nikkei share average ...
MUMBAI, April 16 (Reuters) - Indian shares fell on Wednesday to mark their lowest close in 2-1/2 weeks as software stocks slumped on caution ahead of India's top IT services provider Tata Consultancy Services' quarterly results later in the day. TCS provisionally fell 2.9 percent, Wipro lost 2.7 percent while Infosys Ltd slumped 3 percent. The benchmark BSE index provisionally closed 0.92 percent ...

Sensex takes a hit

2014-04-16 15:36:40

The Indian stock market extended recent losses and ended notably lower on Wednesday.Concerns about weak industrial output, high inflation and a forecast for below normal monsoon dragged down stocks.A slightly strong rupee and weak GDP growth data from China hurt as well.Also, investors appeared reluctant to build up positions ahead of key results.The Sensex ended at 22,264.60 (provisional) with a loss ...
MUMBAI, April 16 (Reuters) - Indian shares fell on Wednesday to mark their lowest close in 2-1/2 weeks as software stocks slumped on caution ahead of India's top IT services provider Tata Consultancy Services' quarterly results later in the day. TCS provisionally fell 2.9 percent, Wipro lost 2.7 percent while Infosys Ltd slumped 3 percent. The benchmark BSE index provisionally closed 0.92 percent ...
Global oil prices edged up toward $110 a barrel on Wednesday, shaking off slower economic growth figures in China and a potential resumption in Libyan exports as tensions mounted in Ukraine. Six armoured personnel carriers entered an eastern Ukrainian town on Wednesday carrying the Russian and separatist flags a day after Ukrainian forces launched a special operation against separatist militia in ...
(http://link.reuters.com/des58v) Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Abhiram Nandakumar in Bangalore) ...
For the shareholders of Maruti Suzuki India, FY14 wasn't a smooth ride. Even as the car maker emerged as the number two wealth creator among the BSE Sensex companies by adding Rs 19,307 crore more to its market capitalisation, the company was panned for its plan to outsource car making capacity to parent Suzuki. The company would have been the top gainer in the market cap charts, ahead of Hindalco, ...
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