Mar 07, 2014 at 17:17 | Source: Moneycontrol.com
Copper is looking negative as depreciating Yuan, weak property market in china, weak Chinese economic data, increasing copper production, geopolitical uncertainty, improving U.S. economy give room to FED for cut bond buying and appreciation of rupee pressurize the prices, says Fortune Financial.
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 03, 2014 at 17:13 | Source: Moneycontrol.com
An individual / HUF can save taxes up to Rs.30,900/- for taxable income up to Rs 1 crore in FY 2013-14. Tax savings would be Rs.33,990/- in case the taxable income exceeds Rs 1 crore.
Mar 02, 2014 at 11:40 | Source: PTI
They started pulling out from the Indian debt market after the US Federal Reserve first indicated in May that it would taper its stimulus programme, raising concerns that funds for investing in emerging markets may be reduced.
Feb 27, 2014 at 08:55 | Source: Reuters
Spot gold was little changed at USD 1,330.00 an ounce by 0031 GMT. On Wednesday, it hit a four-month high at USD 1,345.35 before falling almost 1 percent on a dollar rally and surging US home sales -- its biggest one-day loss in nearly a month.
Feb 26, 2014 at 11:00 | Source: Moneycontrol.com
The rupee is marginally lower but remains supported as equities trade firm. Bonds are higher tracking a fall in US treasury yields on Tuesday.
Feb 26, 2014 at 09:15 | Source: Moneycontrol.com
The Indian rupee opened on flat note at 61.95 per dollar versus 61.94 Tuesday. The yen is broadly firmer in early trade following a generally lackluster session that saw investors give the dollar a wide berth on the back of a decline in US treasury yields.
Feb 24, 2014 at 10:27 | Source: Reuters
A recent RBI report on pricing benchmarks has recommended that in the absence of required trading volume in state development loans (SDLs), the spread discovered in the last two SDL auctions, subject to appropriate qualifying criteria, may be used in place of existing fixed 25bps spread.
Feb 23, 2014 at 12:25 | Source: PTI
Increasing its exposure for the third straight month, India owned American government securities worth USD 68.5 billion at the end of December 2013.
Feb 22, 2014 at 13:23 | Source: Reuters
The yellow metal rallied to a 3-1/2 month high earlier this week after a series of disappointing US economic indicators including weak manufacturing data sparked speculation that the Federal Reserve would slow the tapering of its bond purchases.