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Mecklai graph of the day: As the FY 12-13 draws to a close and the banks and the corporates adjust their year end positions, the rupee has more or less been restricted to a tight range.
At 16:38 hrs MCX SILVERM June contract was trading at Rs 55061 down Rs 148, or 0.27%. The SILVERM rate touched an intraday high of Rs 55400 and an intraday low of Rs 55001. So far 1067 contracts have been traded. SILVERM prices have moved down Rs 11224, or 16.93% in the June series so far.
India‘s current account deficit (CAD) widened from 5.4 per cent in the July-September quarter to a record high of 6.7 per cent of GDP in the October-December quarter, driven mainly by huge trade deficit, said a release by the Reserve Bank of India. This is much higher than the 6.4 percent estimated by a CNBC-TV18 poll.
At 16:36 hrs MCX GOLDPETAL March contract was trading at Rs 2948 down Rs 8, or 0.27%. The GOLDPETAL rate touched an intraday high of Rs 2956 and an intraday low of Rs 2936. So far 9059 contracts have been traded. GOLDPETAL prices have moved down Rs 187, or 5.96% in the March series so far.
WickedLeak has revamped one of its older dual-core models with a quad-core gutyet again, at a cheaper price. Lets check out the Wammy Titan II.
2013 New York Auto Show - Jeep Cherokee 2014
2013 New York Auto Show - Jeep Cherokee 2014
Premier has received Rs 220 cr as part consideration for development of 150 acre land at Dombivli, Mumbai and was to also receive additional consideration of built up flats aggregating to 5,00,000 sq.ft. However, the company has decided to take the balance consideration in cash rather than the 5,00,000 sq.ft. of built-up flats.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Refined Soy Oil and Cocudakl on dip in its report dated March 28, 2013.
According to EA Labels' boss Frank Gibeau, DRM was not the reason for forcing players to stay online while playing a traditionally single-player game.
Cypriot banks reopen with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the country from going bankrupt.
Sharekhan has come out with its report on Copper. According to the research firm, the metal is expected to test its swing high of Rs 432.30.
BNP Paribas announces dividend under various open ended schemes
Lehman Brothers Holdings Inc said on Wednesday it plans to distribute about USD 14.2 billion to creditors early April, as the company winds down following its emergence last year from bankruptcy protection.
Congress quietly tucked in a new cyber-espionage review process for US government technology purchases into the funding law signed this week by President Barack Obama, reflecting growing American concerns over Chinese cyber attacks.
Faced with intractable fiscal deficit situation, Finance Minister, in Union Budget 2013-14, has tried to pull out all the stops to bolster up revenue by plugging loopholes in taxation. However, this has resulted in some of most popular investments avenues losing their appeal. Read this space to know how it will impact investors.
Four months after Maldives terminated the contract given to Indian infrastructure major GMR to develop and operate the international airport in Male, the two sides will sit down next month in London to begin the multi-million dollar arbitration process.
Novartis India Ltd shares gained as much as 10.7 percent after parent Novartis AG said in a statement it will sell shares of its Indian unit via stock exchanges to reduce its holding.
Nvidia is making its mid-end GPUs available in a smaller budget. The company has announced the new GeForce GTX 650 Ti BOOST GPU which is based on...
Japan's Panasonic Corp said it will spend 250 billion yen (USD 2.7 billion) over the next two years on a fresh round of restructuring to revive the sprawling electronics giant, but did not indicate if that spending would cover any possible job cuts.
Finolex Industries has commenced commercial production of PVC pipes at its state of the art PVC pipes manufacturing plant at Masar, near Vadodara, in the state of Gujarat.
Axis IT&T has informed that since the term of Mr. S. Ravinarayanan, Chairman of the Company, is going to end on March 31, 2013, he is reappointed as the Chief Executive Officer (CEO) of the Company w.e.f. April 01, 2013 for a period of 3 years subject to approval in the next General Meeting.
IL&FS Transportation Networks had emerged as the lowest bidder for the Four Laning of Khed-Sinnar Section under phase IV B in the State of Maharashtra on DBFOT basis issued by NHAI.
There is an expectation among a significant number of firms of improvement in employment opportunities in the fourth quarter of this fiscal despite the sluggish economy, according to Business Outlook Survey by industry chamber CII.
Asserting that foreign investors are convinced about growth potential here, global ratings major Fitch's Indian unit chief says that much of the investments would start pouring in after general elections.
