Mar 07, 2014 at 12:27 | Source: Moneycontrol.com
According to Knight Franks Wealth Report 2014, India will rank fourth after US, China and Russia in 2023 and will have more billionaires than the UK, Germany and France. The report also sees Mumbai to be among top 10 global cities by 2024.
Mar 06, 2014 at 09:00 | Source: Moneycontrol.com
Ahead of ECB and BoE rate setting meetings later today and US payroll data tomorrow rupee is expected to trade in a range of 61.65-61.95/USD, says Mohan Shenoi of Kotak Mahindra Bank.
Mar 06, 2014 at 07:55 | Source: Reuters
The tech-heavy Nasdaq index closed slightly higher, outperforming the broader market. Facebook shares climbed to an all-time high of USD 71.97. The stock closed up 4 percent at USD 71.57.
Mar 05, 2014 at 16:21 | Source: Overdrive Magazine
Another plant costing 470 million US dollars will begin production of continuously variable transmissions in the second half of 2015 at Celaya.
Mar 05, 2014 at 13:42 | Source: Moneycontrol.com
ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to find buying support on declines against the INR. One can utilise declines in the USD/INR March contract to buy. Rupee has resistance at 62.35/62.55, says the report.
Mar 05, 2014 at 08:32 | Source: Reuters
Bullion's drop came as US equities measured by the S&P 500 index surged more than 1 percent to a record high after Russian leader Vladimir Putin ordered troops involved in a military exercise near the Ukrainian border back to their bases as he sought to ease tensions.
Mar 05, 2014 at 08:08 | Source: Reuters
The S&P 500 ended at a record high for the second time since Friday, when the broad index finished February with a milestone. In Tuesday's session, industrials and financials ranked among the biggest gainers. The benchmark index is up 1.4 percent for the year.
Mar 04, 2014 at 12:23 | Source: Moneycontrol.com
ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to find buying support on declines against the INR. One can utilise declines in the USD/INR March contract to buy. Rupee has resistance at 62.45/62.60, says the report.
Mar 04, 2014 at 09:00 | Source: Moneycontrol.com
Indian markets have also reacted negatively to the global concerns. Expect rupee to continue trading in 61.50-62.50/USD range, says Ashutosh Raina of HDFC Bank.
Mar 03, 2014 at 19:13 | Source: PTI
If the Indian rupee continues to remain at the current Rs 62 per 1 USD level, it will likely provide some cushion to the mining firms, India Ratings said but cautioned that margins of larger players can get negatively impacted if the rupee appreciates to 60 per US dollar.