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5:04 pm - Saturday March 25, 2017

Tag Archives: Market News

Rupee pulls off 8-1/2 month lows as exporters sell

Agencies, Mumbai The rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback and on fears the central bank would intervene to stabilise the local currency. The...

Gold to end 2013 down but not out

Agencies, London Gold prices are expected to end 2013 at $1,450-1,550 per ounce, only partly recovering from a recent brutal selloff that shook investor confidence after 12 unbroken years of gains, a Reuters poll showed on Tuesday. Most of the...

Commodities slump sends slow ripples through world economy

Agencies, London Lower airfares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices – but only after a long lead time. Having poured $400 billion into commodities over...

Gold posts 5 percent weekly loss, outlook seen volatile

Agencies, New York Gold rose on physical buying on Friday, failing to hold onto earlier sharp gains, as bullion posted heavy losses for a second consecutive week on investor liquidation driven by months of disappointment over its performance. The...

Gold Jewellery now gets more affordable with ‘Accessible Tanishq’

Business Reporter, Bhopal Jewellery has found a new expression as Tanishq, India’s most preferred jeweler introduces ‘Accessible Tanishq’, a range of gold and diamond jewellery starting at Rs.5000/-. Targeted at the value-seeking Indian...

Sensex falls to three-month low; budget stokes inflation, tax worries

Agencies, Mumbai The BSE Sensex fell on Thursday to three-month low as state-run lenders declined after the government announced a higher-than-expected gross market borrowing target as part of its 2013/14 budget, raising concerns about liquidity...

Soaring veg prices push up retail inflation to 10.03%

Agencies New Delhi, Sep 18 Soaring vegetable prices pushed up the retail inflation to double digits at 10.03 percent in August, up from 9.86 percent in the previous month. According to the Consumer Price Index (CPI) data released on Tuesday,...

Cautious approach by investors

In lacklustre trade, the BSE Sensex gained barely 22 points at 17,243.84 on select buying at lower levels amid investor caution ahead of fourth quarter corporate earnings, RBI monetary policy and weak European markets. Capital goods, IT and...