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Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.Since then, Brent crude futures have risen 45 percent. If that is sustained or even increased throughout this year, inflation next year could rise significantly, posing questions for policymakers largely committed to ultra-loose ...
World shares hit a new high on Monday, with European stocks joining the rally after early falls, as investors looked ahead to central bank meetings this week and put aside worries over Greece.The dollar edged up but held close to Friday's 2 1/2-week lows, after weak U.S. data on Friday reinforced expectations the Federal Reserve would not raise interest rates any time soon.The stock rally looked set ...
Gold prices fell by Rs 110 to Rs 27,050 per 10 grams at the bullion market here today on easing demand from jewellers and retailers even as the metal strengthened overseas. However, silver prices recovered by Rs 150 to Rs 36,500 per kg on scattered buying from industrial units. Traders said slackened demand from jewellers and retailers at prevailing higher levels mainly weighed on gold prices but a ...
Pure-play silver miners, a niche investment market popular with retail investors, are moving up the endangered list.Buffeted by a 68 percent plunge in the price of silver since 2011, miners who traditionally made most of their money from silver are increasingly diversifying into gold, buying mines that have been put up for sale and looking to acquire more.In addition to spurring deals in the precious ...
By Aditi Shah NEW DELHI (Reuters) - Maruti Suzuki India Ltd, the country's top-selling car maker, plans to push deeper into smaller towns and villages to increase sales, its chairman said on Monday, after the company reported a forecast-beating rise in quarterly net profit. Maruti expects its push into rural areas will help expand its market share at a time when competition in bigger cities is ...
By Sam Forgione NEW YORK (Reuters) - A measure of equity markets worldwide hit record highs on Monday as optimism over Greece supported European stocks while U.S. shares added to last week's gains ahead of Apple results and a Federal Reserve policy meeting. The Nasdaq inched closer to its record intraday high after the index, as well as the S&P 500, notched record closes on Friday. Apple shares ...
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.Since then, Brent crude futures have risen 45 percent. If that is sustained or even increased throughout this year, inflation next year could rise significantly, posing questions for policymakers largely committed to ultra-loose ...
Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.When news leaked out last week that Piech had been lobbying family members behind the scenes to install Matthias Mueller, the chief executive of Porsche, ...

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 Sam Forgione NEW YORK (Reuters) - A measure of equity markets worldwide hit record highs on Monday as optimism over Greece supported European stocks while U.S. shares added to last week's gains ahead of Apple results and a Federal Reserve policy meeting. The Nasdaq inched closer to its record intraday high after the index, as well as the S&P 500, notched record closes on Friday. Apple shares ...
* Apple shares up ahead of results * Applied Materials falls after merger called off * Celladon nosedives on lead drug's trial failure * Indexes up: Dow 0.3 pct, S&P 0.2 pct, Nasdaq 0.2 pct (Adds details, adds comment, updates prices) By Tanya Agrawal April 27 (Reuters) - U.S. stocks rose on Monday morning with the S&P touching a new intraday high and the Nasdaq inching closer to its record ...
BERLIN (Reuters) - Investors hope that Volkswagen will be able to revive profitability at its core division, cure underperformance overseas and bury lingering plans for acquisitions after the resignation of Chairman Ferdinand Piech. Piech, the mastermind of VW's global expansion and a towering figure at the German group for more than two decades, stepped down on Saturday after losing a showdown he ...
By Mari Saito and Antoni Slodkowski OTA, Japan, April 27 (Reuters) - For Naren Mahat, a 27-year-old Nepali living in Japan, there was a long and painful wait on Saturday between news of a devastating earthquake and, finally, word from family members cut off by bad phone lines and repeated aftershocks. "If we were there, we could have helped. It's like a dream. I still can't believe this is happening," ...
By Aditi Shah NEW DELHI (Reuters) - Maruti Suzuki India Ltd, the country's top-selling car maker, plans to push deeper into smaller towns and villages to increase sales, its chairman said on Monday, after the company reported a forecast-beating rise in quarterly net profit. Maruti expects its push into rural areas will help expand its market share at a time when competition in bigger cities is ...
(Repeats to add editing credit in signoff) * Q4 net up 61 pct to 12.84 bln rupees vs f'cast 10.9 bln * To increase rural reach by 20 pct in the year started April 1 * Sees passenger vehicle sales growing 11 pct this fiscal year (Adds executive comments, details) By Aditi Shah NEW DELHI, April 27 (Reuters) - Maruti Suzuki India Ltd , the country's top-selling car maker, plans to push deeper ...
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