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The Reserve Bank of India is expected to take "baby steps to easing" and is likely to cut key policy rates by 0.25 percent in its mid-June policy review to revive growth, says a Bank of America Merrill Lynch report.
It would be a complete travesty if the CobraPost sting on India‘s three biggest private banks – HDFC Bank, Axis Bank and ICICI Bank – ends up stinging either the wrong people or some scapegoats.
Nirmal Bang has come out with its report on energy. The research firm, do not expect any major rise in the prices of oil on account of the ongoing Cyprus tension in the euro zone. One can sell Crude oil on rise for the day.
Karvy Commodities Broking has come out with its report on bullion. According to the research firm, the rupee is trading flat today and expected to continue trading in a sideways pattern which may not have any significant impact on MCX gold. One can buy Gold at the MCX platform.
At 14:38 hrs MCX SILVERMIC June contract was trading at Rs 56089 down Rs 230, or 0.41%. The SILVERMIC rate touched an intraday high of Rs 56188 and an intraday low of Rs 56028. So far 1722 contracts have been traded. SILVERMIC prices have moved down Rs 9412, or 14.37% in the June series so far.
At 14:38 hrs MCX GOLDM April contract was trading at Rs 29776 down Rs 42, or 0.14%. The GOLDM rate touched an intraday high of Rs 29803 and an intraday low of Rs 29747. So far 11182 contracts have been traded. GOLDM prices have moved down Rs 1724, or 5.47% in the April series so far.
Smartphones are pretty much in demand with Android-based handsets topping the sales in both branded and unbranded budget zones at present. Apart from
April 2013 issue is out on stands now
RBI credit policy is one of the most talked about events in the stock market. Whenever credit policy announcement approaches, market becomes agog with the shape that the policy announcements will provide to the economy in general and market in particular.
The benchmark index Nifty hits fresh 2013 low of 5631.8 in the late afternoon trade on Friday. The Sensex is all set for one of its biggest weekly loss of the calendar year 2013. The Nifty is trading perilously close to 200 DMA of 5615 and one can expect some support around that level.
Today morning while going to office, I met one of my school friends in train after five long years, who is a Computer Engineer and had just got his first job.
Syncom Healthcare has designated Mr. Subhash Chandra Gupta as 'Vice-President - Finance & Accounts' of the Company with effect from March 22, 2013, in place of Mr. Naveen Sood, erstwhile Chief Financial Officer of the Company.
Suzlon Group had appointed Mr Amit Agarwal as Chief Financial Officer (CFO) of Suzlon Energy.
Small businesses are likely to marginally overtake their medium business compatriots vis-a-vis annual ICT spending growth rate, finds AMI Partners research.
Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd.Thorsten Heins made the comment Thursday on the
Aurionpro Solutions vide its resolution dated March 21, 2013 has allotted 2,50,000 equity shares of Rs 10 each to one of the allottee, who have exercised the option to convert the warrants into equity shares.
You would be forgiven if you thought Facebook resembled your local church these days. The amount of teenagers the world over, confessing their past sins, their
DCM at its meeting held on March 22, 2013, has approved the expansion plan of Textile Division of the Company by adding 39168 spindles at the existing facility at Mela Ground, Hissar with capital expenditure of about Rs 105 cr.
The government today said it has approved 12 FDI proposals, including that of pharma firm Claris Otsuka, totalling over Rs 2,609 crore.
At 13.50 PM, the Sensex was down 100 points at 18677 and the Nifty fell 23 points to 5635. About 782 shares advanced, 1885 shares declined and 855 shares remained unchanged.
Microsoft, apparently had a confidential event for its employees earlier this month, wherein it demonstrated a bunch of future technologies that they have
Not every executive challenges his regulatory tormentors to a televised debate, but Subrata Roy, who heads Sahara conglomerate, is not your typical CEO.
Sharekhan has come out with its report on agricultural commodities. According to the research firm, upcoming festival demand is expected to support agri prices. Buy wheat, chilli, turmeric and cardamom on dips and sell sugar while others are likely to remain range-bound, says Sharekhan.
Emkay Commotrade has come out with its report on precious metals and energy. According to the research firm, Gold in India is also expected to go higher. However a stronger rupee could limit the upside in prices.
APL Apollo Tubes board meeting will be held on March 23, 2013, to consider allotment of equity shares on conversion of preferential warrants issued earlier.
