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Washington: Facebook has completed the production of its first full-scale solar-powered internet drone that will deliver wireless internet with lasers from the sky in parts of the developing world where internet availability is still a dream.Mark Zuckerberg has announced the completion of Aquila, Facebook's first unmanned plane that beams down internet connectivity from the sky, as part of his project ...
India's annual infrastructure output growth slowed to 3 percent in June, on the back of a sharp slowdown in electricity production, government data showed on Friday.Output had grown 4.4 percent year-on-year in May.Electricity production expanded an annual 0.2 percent last month, sharply slower than 5.5 percent in May.The infrastructure sector accounts for nearly 38 percent of India's industrial ou ...
Asian gold demand hardly perked up this week even as the price of the precious metal languished near its lowest since 2010 with many would-be buyers predicting further price declines, keeping premiums steady in the world's top gold consuming region.Gold is on course to post a sixth consecutive weekly loss, its longest retreat since 1999, after U.S. economic expansion in the first half backed expectations ...
Gold fell 1 percent on Thursday to a near a 5-1/2-year low as the dollar rose after data showed the U.S. economy improved in the second quarter, supporting views that the Federal Reserve would lift rates by year-end.The U.S. Department of Commerce said gross domestic product expanded at a 2.3 percent annual rate. First-quarter GDP, previously reported to have shrunk at a 0.2 percent pace, was revised ...
Washington: Facebook has completed the production of its first full-scale solar-powered internet drone that will deliver wireless internet with lasers from the sky in parts of the developing world where internet availability is still a dream.Mark Zuckerberg has announced the completion of Aquila, Facebook's first unmanned plane that beams down internet connectivity from the sky, as part of his project ...
India's annual infrastructure output growth slowed to 3 percent in June, on the back of a sharp slowdown in electricity production, government data showed on Friday.Output had grown 4.4 percent year-on-year in May.Electricity production expanded an annual 0.2 percent last month, sharply slower than 5.5 percent in May.The infrastructure sector accounts for nearly 38 percent of India's industrial ou ...
The Hong Kong central bank said on Friday it has fined State Bank of India's Hong Kong branch HK$7.5 million ($1 million) for breaching the city's anti money-laundering and counter terrorism financing rules.The fine marks the first time the Hong Kong Monetary Authority (HKMA) has taken disciplinary action under Hong Kong's Anti Money-Laundering Ordinance brought into force in 2012.The HKMA said between ...
The Bombay High Court has asked the India's food safety authority and Nestle India to retest Maggi noodles, television channels reported on Friday.Nestle has been at the centre of India's worst food scare in a decade, after a regulator in Uttar Pradesh in May found excess lead in a sample of its popular Maggi noodles.The company withdrew the brand from Indian stores last month. It has since challenged ...

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 ...
ICICI Bank Ltd said on Friday it saw the rate of new troubled loans slowing as the nation's biggest private sector lender by assets reported a better-than-expected quarterly profit.A drop in the bad-loan ratio for the three months to June from a quarter earlier helped send the bank's stock as much as 6.2 percent higher.Indian banks have seen their bad loans almost double in the past three years as ...
Larsen & Toubro Ltd reported on Friday a net profit of 6 billion rupees ($93.6 million) for its first quarter, more than a third down on the previous year, and the engineering giant said the short-term business environment remained "challenging".Last year the company reported a consolidated net profit of 9.67 billion rupees for the three months ended June.Larsen & Toubro, which makes everything ...
India's annual infrastructure output growth slowed to 3 percent in June, on the back of a sharp slowdown in electricity production, government data showed on Friday.Output had grown 4.4 percent year-on-year in May.Electricity production expanded an annual 0.2 percent last month, sharply slower than 5.5 percent in May.The infrastructure sector accounts for nearly 38 percent of India's industrial ou ...
Oil prices fell on Friday as concern over global oversupply intensified after the head of oil producers' cartel OPEC indicated there would be no cuts in production despite a huge global oversupply.Benchmark North Sea Brent crude headed for its fifth consecutive weekly fall after comments on Thursday in Moscow by Abdullah al-Badri, secretary-general of the Organization of the Petroleum Exporting Countries.Badri ...
Honda Motor Co said on Friday its quarterly net profit jumped 20 percent, beating estimates, as strong sales in the United States and a weak yen helped it absorb the impact of higher quality-related costs.April-June net profit at Japan's third-biggest automaker rose to 186.04 billion yen ($1.50 billion), from 155.60 billion yen a year earlier. Honda reported the first-quarter results under international ...
Troubled Italian car designer Pininfarina is still hoping to clinch a sale to Indian vehicle maker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens.Pininfarina forecast on Thursday a full-year operating loss and said it did not expect to be able to meet at the end of the year a target for earnings before interest, tax, depreciation and amortisation ...
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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