WebSify
Follow us on
login
Gold prices dropped sharply here on Saturday on a fresh bout of profit-taking by stockists as well as speculators amid sluggish demand. Lack of retail buying interest at the prevailing higher levels and absence of definite cues from overseas due to closure of markets on Good Friday also adversely impacted the sentiment. Silver plummeted below the key Rs 43,000 per kg level on the back of heavy unwinding ...
It was a flat close for Indian stock indices Sensex and the Nifty last week, a truncated one due to holidays on Monday (April 14) and Friday (April 18) for Dr Ambedkar Jayanti and Good Friday, respectively.Recording losses on two of the three sessions, the Sensex ended the week at 22,682.84, down slightly from previous week's close. The Nifty ended up 3.10 points at 6779.40. Midcap and smallcap stocks ...
Gold prices dropped sharply here on Saturday on a fresh bout of profit-taking by stockists as well as speculators amid sluggish demand. Lack of retail buying interest at the prevailing higher levels and absence of definite cues from overseas due to closure of markets on Good Friday also adversely impacted the sentiment. Silver plummeted below the key Rs 43,000 per kg level on the back of heavy unwinding ...
In the fourth such seizure in the last four days, Customs official have arrested one person with 2 kg gold bars from Sardar Vallabhbhai Patel International Airport (SVPIA), Ahmedabad. The bars were seized from one Mazhar Abbas Ali, who was arrested by officials on Thursday based on specific intelligence information and Ali’s frequent flying nature. Ali, who had landed from Singapore ...
Foreign portfolio investment into Indian shares and debt through the participatory note (P-note) saw a sharp rise in March. The total value of P-note investments stood at Rs 2.07 lakh crore in March, up 20 per cent compared with Rs 1.73 lakh crore in February, data released by the Securities and Exchange Board of India (Sebi) showed on Friday. In March, the share of investment through P-notes, ...
This past year has been a tumultuous one for gilt funds. With the 10-year government security yield surging from 7.83 per cent to 8.9 per cent, gilt funds have been hit badly. Last week, the 10-year G-sec yield suddenly spiked to 9.1 per cent due to heavy selling. This  has taken a heavy toll on the performance of medium-term and long-term gilt funds. According to data from Value Research, ...
India's Glenmark Pharmaceuticals Ltd is recalling some 2,900 bottles of its stomach ulcer drug ranitidine in the United States after a foreign tablet was found in one of the bottles.Medicines produced in India, which supplies about 40 percent of generic and over-the-counter drugs sold in the United States, have come under increased scrutiny by the Food and Drug Administration over the past year.In ...
Microsoft Corp has sold over 5 million Xbox One video game consoles to retailers since its launch in November, the company said on Thursday.In January, the U.S. software company said Xbox One sales had crossed three million as of the end of 2013.The console went on sale on Nov. 22 in 13 countries, including the United States, United Kingdom and Australia, a week before rival Sony Corp's PlayStation ...
It was a flat close for Indian stock indices Sensex and the Nifty last week, a truncated one due to holidays on Monday (April 14) and Friday (April 18) for Dr Ambedkar Jayanti and Good Friday, respectively.Recording losses on two of the three sessions, the Sensex ended the week at 22,682.84, down slightly from previous week's close. The Nifty ended up 3.10 points at 6779.40. Midcap and smallcap stocks ...
That "the darkest hour of all is the hour before the dawn" is an old Irish saying, meant to inspire hope under adverse circumstances. The proverb fits the trajectory of Indian markets and foreigner investors' attitude towards the country over the past year. Around a year ago, when the rupee began to depreciate in May 2013 amidst poor macroeconomic fundamentals and monetary tapering by the US Federal ...
It was a flat close for Indian stock indices Sensex and the Nifty last week, a truncated one due to holidays on Monday (April 14) and Friday (April 18) for Dr Ambedkar Jayanti and Good Friday, respectively.Recording losses on two of the three sessions, the Sensex ended the week at 22,682.84, down slightly from previous week's close. The Nifty ended up 3.10 points at 6779.40. Midcap and smallcap stocks ...
NEW YORK (Reuters) - Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets. The lawsuit was filed on Friday in Manhattan federal district court, as the high-speed trading industry came under greater scrutiny following the publication ...
MUMBAI, April 19 (Reuters) - India's Karnataka state government has ordered Toyota Motor Corp and its union to restore normal operations at its local factories immediately after a month-long standoff between the Japanese auto maker and its workers, the company said. The move comes after many unionised workers at Toyota's two Indian plants near the southern city of Bangalore refused to return to work ...
With a new government at the Centre only a few weeks away, the Reserve Bank of India (RBI) might wait for the new dispensation's fiscal policy to take its policy actions, feel experts. Although Consumer Price Index (CPI)-based inflation is on the rise in March, RBI might hold rates till June. According to experts, if the new government takes concrete steps, it would provide room for RBI to cut ...
MUMBAI, April 19 (Reuters) - India's Karnataka state government has ordered Toyota Motor Corp and its union to restore normal operations at its local factories immediately after a month-long standoff between the Japanese auto maker and its workers, the company said. The move comes after many unionised workers at Toyota's two Indian plants near the southern city of Bangalore refused to return to work ...
MUMBAI, April 18 (Reuters) - Bajaj Auto, India's second-largest motorcycle maker, said on Friday the union at its Chakan factory in western India had proposed a work stoppage from April 28. The union's proposal to stop work comes less than a year after the plant's workers had gone on a strike that lasted nearly two months. (Reporting by Aradhana Aravindan; editing by Jane Baird) ...
most popular on facebook
talking point on sify finance