SENSEX NIFTY
Commodities

News from other websites on Commodities

Shares in Japan reach a two-and-a-half month low

Jan 17, 2015 at 03:36 | Source: BBC

Shares in Japan fell to a two-and-a-half month low on Friday, following a fall in US stocks and the yen gaining strength against the dollar. In Tokyo, the benchmark Nikkei 225 traded down nearly 3% at one stage to 16,592.57 points, its lowest since 3...

Goldman Sachs profits fall to $2.17bn for last three months

Jan 17, 2015 at 03:36 | Source: BBC

Goldman Sachs has posted a 7% fall in quarterly profits after weaker bond trading and a decline in investment bank revenues. The Wall Street giant saw earnings fall to $2.17bn (£1.5bn) in the last three months of 2014. However, for the full year, ne...

Wipro Q3 net profit outruns market estimate, Jatin Dalal named new CFO

Jan 16, 2015 at 17:41 | Source: FirstPost

Bangalore: IT services major Wipro today reported a 8 percent growth in its consolidated net profit at Rs 2,192.8 crore for the quarter ended 31 December 2014 led by growth in healthcare and infrastructure services.The country's third largest softwar...

No petrol price cut yet: Pricing decision not in our hands, says Oil Minister

Jan 16, 2015 at 13:53 | Source: FirstPost

New Delhi: A day after oil companies skipped revising petrol and diesel prices despite steep fall in global rates, Petroleum Minister Dharmendra Pradhan today said the state-owned firms will do what is "appropriate".As per the practice of r...

RBI's surprise rate cut: EMIs on home, car loans may finally come down

Jan 16, 2015 at 08:55 | Source: FirstPost

Monthly instalments on auto, home and consumer durable loans may finally come down, as the apex bank in a surprise move cut key lending rates.The unscheduled rate cut served early Thursday morning led Indian Inc. to cheer the move and stock markets t...

India cuts interest rates in a surprise move

Jan 16, 2015 at 03:42 | Source: BBC

India's central bank made a surprise move on Thursday to cut its interest rate to 7.75%, thanks to lower-than-expected inflation. The benchmark interest rate, or the level at which The Reserve Bank of India (RBI) lends to commercial banks, had b...

Tullow Oil takes $2.2bn hit from oil price collapse

Jan 16, 2015 at 03:42 | Source: BBC

Tullow Oil is to write off $2.2bn (£1.45bn) as a direct result of the oil price collapse. And it has slashed its exploration budget for next year to $200m from around $1bn at the start of 2014. It is the latest in a raft of cutbacks by oil companies...

Private insurers cheers RBI's rate cut, says equity, debt market to benefit

Jan 15, 2015 at 20:56 | Source: FirstPost

Mumbai: Welcoming a 25 basis points rate cut by the Reserve Bank, private insurers said that it is an important turn in the interest rate cycle, which will boost both equity as well as debt market, and it is in line with the government policy to boos...

Raghuram Rajan no longer a rate cut virgin, but 25 bps amounts to little

Jan 15, 2015 at 20:45 | Source: FirstPost

Raghuram Rajan is no longer a virgin he has just announced his first repo rate cut as the governor of the Reserve Bank of India (RBI).Rajan cut the repo rate by 25 basis points (one basis point is one hundredth of a percentage) to 7.75% and in the p...

Raghuram Rajan no longer a rate cut virgin but 25 bps amounts to little

Jan 15, 2015 at 17:52 | Source: FirstPost

Raghuram Rajan is no longer a virgin he has just announced his first repo rate cut as the governor of the Reserve Bank of India (RBI).Rajan cut the repo rate by 25 basis points (one basis point is one hundredth of a percentage) to 7.75% and in the p...

Forget Delhi polls: Modi-Jaitley must focus exclusively on 3R's reform, reform, reform

Jan 15, 2015 at 16:13 | Source: FirstPost

Regardless of what happens in the Delhi elections in February, for Narendra Modi and Arun Jaitley 2015 should be a year for good economics, not indifferent politics. For, the writing on the economic wall is clear: global growth is slowing, which mean...

Raghuram Rajan no longer a rate cut virgin but 25 basis pts amounts to little

Jan 15, 2015 at 15:32 | Source: FirstPost

Raghuram Rajan is no longer a virgin he has just announced his first repo rate cut as the governor of the Reserve Bank of India (RBI).Rajan cut the repo rate by 25 basis points (one basis point is one hundredth of a percentage) to 7.75% and in the p...

Falling oil prices: Modi and Jaitley should be thanking Saudi Arabia

Jan 15, 2015 at 10:28 | Source: FirstPost

Urjit Patel, one of the deputy governors of the Reserve Bank of India (RBI), recently explained the benefits of the dramatic fall in crude oil price for India.As he put it: The dramatic fall in oil prices is a boon for us. It saves, on an annualised ...

Finance Ministry welcomes RBI rate cut, says it vindicates govt efforts

Jan 15, 2015 at 09:57 | Source: FirstPost

New Delhi:The finance ministry welcomed an inter-meeting rate cut by Reserve Bank of India (RBI) on Thursday, saying it reflected easing inflation concerns and vindicated the government's efforts to achieve economic growth without inflation.Deputy Fi...

Surprise, surprise: RBI cuts rate by 25 bps to 7.75%, markets hit record high

Jan 15, 2015 at 09:42 | Source: FirstPost

In a surprise move, the RBI cut the repo rate by 25 bps today morning to 7.75 percent, saying inflation has kept its declining path letting the central bank lower the guard and begin the easing cycle.The move likely to prompt banks also to cut lendin...

RBI cuts repo rate by 25 basis points to 7.75%: All you need to know

Jan 15, 2015 at 09:26 | Source: FirstPost

The RBI has resorted to the most kind cut by reducing the repo rate by 25 bps to 7.75%. Repo rate is the rate at which it lends funds to banks. The move is expected to bring down the borrowing costs in the economy, which the industry and the governme...

Boost for growth: RBI cuts repo rate by 25 bps to 7.5%, may set market on fire

Jan 15, 2015 at 08:54 | Source: FirstPost

In a surprise move, the RBI cut the repo rate by 25 bps today morning to 7.75 percent, saying inflation has kept its declining path letting the central bank lower the guard and begin the easing cycle.The move likely to prompt banks also to cut lendin...

Rural India slowdown threatens Modi's promise of "better days"

Jan 15, 2015 at 04:15 | Source: FirstPost

PADALI, India (Reuters) - Sugarcane grower Nilesh Kadam has abandoned plans to buy a tractor. He doesn't have enough money, like many farmers hit by erratic weather and sliding prices for the cotton, soybean and rubber they produce.Tougher times in r...

Gold slips from 12-week high as oil, copper tumble

Jan 15, 2015 at 02:15 | Source: FirstPost

SINGAPORE (Reuters) - Gold struggled on Wednesday to hold near a 12-week high as a rout in commodities such as oil and copper took a toll on the metal, offsetting safe-haven bids arising from global growth concerns.Oil added to losses on Wednesday to...

Benign inflation data fuels rate cut calls

Jan 15, 2015 at 01:15 | Source: FirstPost

NEW DELHI (Reuters) - Plunging global oil markets helped India post slower-than-expected wholesale price inflation in December, raising hopes for an early cut in interest rates to help the economy out of its longest phase of sub-par growth since the ...

video of the day

Govt paper a near term headwind; like cyclicals: ICICI Pru

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.