Web Sify
Follow us on

Article gallery

If you thought data tariff in India offered by telecom service providers was cheap, a top global consulting firm focused on digital media not only says it is pretty steep even by developed nations' standards, but also calls for a 75-per cent cut to push usage. "India's current data tariff (based on current average revenue per GB of Rs 228) is significantly higher than that of relevant developed and ...
The Indian stock market ended on a bright note on Wednesday, extending previous two sessions' strong gains. The gains were not as pronounced as they were on the previous session, but still the fact that the market stayed firm right through the session despite mixed global cues suggests investors are quite optimistic about the outlook for the economy. The BSE benchmark Sensex and the Nifty50 of the ...
The fifth tranche of the government's sovereign gold bonds will be available from September 1. "Applications for the bonds will be accepted from September 1, 2016 to September 9, 2016. The bonds will be issued on September 23, 2016," the finance ministry announced. Through the past four tranches of sovereign gold bonds, the government sold 7.785 tonnes of gold for Rs 2240 crore. The tenure of the ...
Gold edged higher on Wednesday as the dollar softened, but remained on course to snap two months of gains in August on mounting speculation the Federal Reserve could raise interest rates sooner rather than later. Investors are awaiting U.S. non-farm payroll data this week for further clues on the timing of a U.S. rate hike after Fed officials sounded a hawkish note at a meeting last weekend. Spot ...
By Rodrigo Campos NEW YORK (Reuters) - Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the benchmark index since February. The Nasdaq gained 1 percent in August and the S&P shed 0.1 percent, speaking to stocks' resiliency after the S&P hit an all-time high mid-month. It ended Wednesday ...
* U.S. crude drops below $45 for first time since Aug. 15 * August private job creation slightly better than expected * Palo Alto Networks drops after disappointing forecast * Indexes down: Dow 0.29 pct, S&P 0.24 pct, Nasdaq 0.19 pct By Rodrigo Campos NEW YORK, Aug 31 (Reuters) - Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted ...
In an attempt to encourage foreign investments in India, the central government on Wednesday approved a scheme to grant permanent residency status (PRS) to foreign investors for 10 years subject to conditions specified in the foreign direct investment (FDI) policy. The Union Cabinet approved the scheme at a meeting chaired by Prime Minister Narendra Modi here. According to a government statement, ...
At the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service. The 59-year-old is India's richest man, and his Reliance Industries oil & gas group is the country's most profitable. Now, though, he's betting at least $20 billion on building, from scratch, ...

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 Rodrigo Campos NEW YORK (Reuters) - Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the benchmark index since February. The Nasdaq gained 1 percent in August and the S&P shed 0.1 percent, speaking to stocks' resiliency after the S&P hit an all-time high mid-month. It ended Wednesday ...
* U.S. crude drops below $45 for first time since Aug. 15 * August private job creation slightly better than expected * Palo Alto Networks drops after disappointing forecast * Indexes down: Dow 0.29 pct, S&P 0.24 pct, Nasdaq 0.19 pct By Rodrigo Campos NEW YORK, Aug 31 (Reuters) - Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted ...
By Lesley Wroughton NEW DELHI (Reuters) - U.S. Secretary of State John Kerry experienced some of the challenges that lie in the way of India's economic rise, as monsoon floods in New Delhi became a talking point at his meeting with Prime Minister Narendra Modi. "It looks like the rains this time have warmly welcomed you," Modi said as he greeted Kerry and the U.S. delegation on Wednesday for talks. ...
By Rajesh Kumar Singh and Manoj Kumar NEW DELHI (Reuters) - India's economic growth hit a 15-month low between April and June, putting Prime Minister Narendra Modi's target further out of reach and making it tougher for him to create millions of new jobs for a burgeoning workforce. While 7.1 percent GDP expansion was well below economists' predictions and the 7.9 percent growth registered in the ...
By Rina Chandran MUMBAI (Thomson Reuters Foundation) - India's Supreme Court said on Wednesday that land acquired by West Bengal state for a Tata Motors factory must be returned to farmers, the latest twist in a decade-long battle that came to symbolise conflict over land in the country. The process by which 1,000 acres (400 hectares) of land in Singur was acquired in 2006 was "shocking" and "a ...
TOKYO (Reuters) - Shares of Mitsubishi Motors Corp tumbled to a four-week low on Wednesday after the automaker said that more of its vehicle models were involved in a mileage cheating scandal than initially stated. In early trade, Mitsubishi shares were down 4.8 percent at 457 yen, their lowest since Aug. 3. (Reporting by Ayai Tomisawa; Editing by Chris Gallagher) ...
  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%)

talking point on sify finance