Moneycontrol News Archive

Hedge veteran eyes commodity play in forex crisis

17th June, 2010 22:56

Veteran hedge fund manager Bill Browder is buying commodities and the companies that produce them in emerging markets to profit from what he said is a looming cris

CRISIL assigns grade of 3/5 to Jumbo Bag

17th June, 2010 22:55

CRISIL Equities has come out with a research report on Jumbo Bag. The research firm has initiated coverage on the stock with a valuation grade of 3/5, indicating t

US data hits stocks, euro gains on debt sales

17th June, 2010 22:52

The euro rose against the dollar on Thursday as strong European government bond sales eased public finance concerns, but weak US economic data led US stocks to fal

China takes new step to boost yuan's global role

17th June, 2010 22:52

China is vastly expanding a pilot programme to encourage the use of the yuan in cross-border trade in what economists say is part of a strategy to raise the profil

EU to detail proposed budget rule changes June 30

17th June, 2010 22:52

The European Commission will make more detailed proposals of changes to EU budget rules on June 30 focusing on early budget coordination, reducing debt and more sa

Nifty's ride has not run out of steam yet 

17th June, 2010 21:33

Good day for the market because we had an intraday kind of dip and lot of people have been pointing out that the market in the near term looks a little overbought,

Buy Andhra Bank; target of Rs 266: Karvy Stock Broking

17th June, 2010 19:19

Karvy Stock Broking is bullish on Andhra Bank and recommended buy rating on the stock with a target of Rs 266 in its June 15, 2010 research report

ECB's Weber urges new bank stress tests in Europe

17th June, 2010 19:00

A new set of European bank stress tests is needed to include a broader swath of the banking industry as well as new stress scenarios such as the sovereign debt cri

Anupam Kher withdraws from film on Hitler

17th June, 2010 19:00

Protests by India's small Jewish community have prompted leading actor Anupam Kher to pull out of a film on the last days of Adolf Hitler, a rare subject for a mov

US jobless claims rise, inflation tame

17th June, 2010 19:00

New US claims for jobless aid rose last week while consumer prices notched their largest decline in nearly 1-1/2 years in May, suggesting interest rates will remai

Gold firms as concerns persist over euro zone debt

17th June, 2010 19:00

Gold rose to USD 1,235 an ounce in Europe on Thursday, benefiting from concern over euro zone sovereign debt and its impact on the wider economy, which prompted in

EU leaders sanction Iranian oil and gas sector

17th June, 2010 19:00

European Union leaders agreed tighter sanctions against Iran on Thursday, including measures to block investment in the oil and gas sector and curtail refining and

5300 a crucial psychological level for Nifty 

17th June, 2010 18:25

5,300 mark is a crucial psychological level and until and unless Nifty closes above that, maintains above that, it is very crucial the way traders are looking at a

Global Vehicles asks M&M to refund $1m for dumping SUV proj 

17th June, 2010 18:01

Global Vehicles, the sole distributor of Mahindra & Mahindra in the United States, has alleged that M&M has abandoned its SUV project. It wants M&M to refund USD 1

See crude heading towards $78.60/bbl: Sushil Global Comm 

17th June, 2010 17:41

In an exclusive interview with CNBC-TV18, Saravanan K of Sushil Global Commodity, speaks about various commodities and gives his outlook going forward.