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The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday.Slower growth in China and rising market volatility have boosted the risks to the global economy, the International Monetary Fund warned ahead of the G20 meeting. ...
India's June-September monsoon has started withdrawing from the north-western region, the weather department said on Friday, which could increase the rainfall deficit for the season. The monsoon usually starts withdrawing in the first week of September. "The southwest monsoon has withdrawn from western parts of Rajasthan," the weather department said. The conditions are favourable for further ...
Gold steadied on Friday after a two-day drop as traders took to the sidelines ahead of a U.S. payrolls report which is being closely watched for clues about the timing of a Federal Reserve interest rate rise. A stronger than forecast number could boost expectations that the Fed is likely to increase rates in the near term, which could weigh on gold. The metal benefits from ultra-low interest rates, ...

Atlas Jewellery development

2015-09-04 15:23:10

Abu Dhabi/Dubai: Dubai-based gold and jewellery retailer Atlas Jewellery, that defaulted on loans worth about 500 million dirhams ($136 million) has asked banks for time to put together a repayment plan, the company said on Thursday. Officials of Atlas Jewellery, which has more than 50 branches across the Gulf and India, had a meeting with representatives of its creditors on Wednesday, three banking ...
By Marc Jones and Krista Hughes LONDON/WASHINGTON (Reuters) - A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires. Plans agreed in 2010 to give emerging markets more IMF voting power and double the Fund's resources have been delayed by the ...
By Barani Krishnan NEW YORK (Reuters) - Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focussed instead on a supply glut and declining stock prices on Wall Street. Trading volumes in crude were lighter than on Thursday, with players appearing hesitant to put on big positions ahead of the U.S. Labour Day holiday weekend. ...
Beijing: Tonhe Electronics is a casualty of Beijing's frantic effort to stop a stock market bust. The maker of electrical equipment, part of a technology industry the ruling Communist Party wants to promote, hoped to raise 200 million yuan ($32 million) from an initial public offering of stock to build a research and development center. Then share prices collapsed and Beijing canceled stock sales ...
Madrid: A Spanish pensioner has placed a newspaper advertisement offering 5000 euros ($5600 - a little over Rs 370000) to any employer who would hire his 39-year-old son, a "desperate" unemployed father of one. "Pensioner offers 5000 euros to company who hires his unemployed son, qualified, responsible and hard-working with good references, pay negotiable according to contract, absolute discretion," ...

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 ...
* Jobs data transmits mixed message to Fed watchers * Caterpillar falls after broker downgrade * Microsoft drags down S&P 500 * Indexes end down: Dow 1.66 pct, S&P 1.53 pct, Nasdaq 1.05 pct (Adds detail on session, comment, updates prices to close) By Noel Randewich Sept 4 (Reuters) - U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell ...
By Noel Randewich (Reuters) - U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell investor uncertainty about whether the Federal Reserve will increase interest rates this month. Trepidation about the first U.S. rate hike in almost a decade added to worries among investors already on edge about a stumbling Chinese economy and a recent market ...
* Jobs data transmits mixed message to Fed watchers * Caterpillar falls after broker downgrade * Microsoft drags down S&P 500 * Indexes end down: Dow 1.66 pct, S&P 1.53 pct, Nasdaq 1.05 pct (Adds detail on session, comment, updates prices to close) By Noel Randewich Sept 4 (Reuters) - U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell ...
By Noel Randewich (Reuters) - U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell investor uncertainty about whether the Federal Reserve will increase interest rates this month. Trepidation about the first U.S. rate hike in almost a decade added to worries among investors already on edge about a stumbling Chinese economy and a recent market ...
Maruti Suzuki India Ltd, India's top-selling carmaker, will take shareholders' vote for a new manufacturing plant in Gujarat after receiving the pending government approvals, its chairman said on Friday.Maruti, controlled by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017 and it is on schedule to achieve that, R.C. Bhargava told an annual shareholders meeting.In 2014, Suzuki ...
NEW DELHI, Sept 4 (Reuters) - Maruti Suzuki India Ltd , India's top-selling carmaker, will take shareholders' vote for a new manufacturing plant in the western Gujarat state after receiving the pending government approvals, its chairman said on Friday. Maruti, controlled by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017 and it is on schedule to achieve that, R.C. Bhargava ...
  Cities   Price (10g)
  Chennai   Rs. 24470.00 (1.37%)
  Mumbai   Rs. 24900.00 (0.97%)
  Delhi   Rs. 24200.00 (1.26%)
  Kolkata   Rs. 24160.00 (0%)
  Kerala   Rs. 24000.00 (0.63%)
  Bangalore   Rs. 23800.00 (0%)
  Hyderabad   Rs. 24140.00 (1.17%)

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