Dec 30, 2012 01:00 PM IST
Gold is likely to hold steady-to- firm in 2013 and could reach Rs 33,000-level as economic growth prospects improve and certain international factors push up the commodity's price, market experts have said..
- Dec 30, 2012 10:40 AM IST
Whether or not the US "fiscal cliff" impasse is broken before the New Year's Eve deadline, there will be no post-cliff peace in Washington.
- Dec 29, 2012 02:31 PM IST
WEEKAHEAD-CURRENT-ACCOUNT-SENSEX-NIFTY-STOCK:MARKET EYE WEEKAHEAD - Focus on current account for Indian stocks
- Dec 29, 2012 11:12 AM IST
Investors fearing a stock market plunge - if the United States tumbles off the "fiscal cliff" next week - may want to relax.
- Dec 29, 2012 11:01 AM IST
President Barack Obama held out hope for a last-minute agreement to avoid the "fiscal cliff" of tax increases and spending cuts after a meeting with congressional leaders, scolding Congress for leaving the problem unresolved until the eleventh hour.
- Dec 29, 2012 10:54 AM IST
Despite the intense political fighting over just the "fiscal cliff," Warren Buffett is optimistic the nation's overall debt problem will eventually be fixed.
- Dec 29, 2012 07:40 AM IST
Barack Obama will meet congressional leaders on Friday afternoon in an effort to kick start stalled budget negotiations ahead of an end-of-year deadline when substantial spending cuts and tax rises take effect.
- Dec 29, 2012 02:40 AM IST
World stocks slipped, the dollar gained and US shares fell for a fifth day on Friday as the White House and US lawmakers made a late attempt to avert the "fiscal cliff."
- Dec 28, 2012 03:58 PM IST
David Buick, partner, BGC explains that with time running out for the President and the Republicans to arrive a resolution of the US fiscal cliff, the expectations that a fudged deal will be presented are high.
- Dec 28, 2012 02:01 PM IST
Nirmal Bang has come out with its report on base metals. According to the research firm, prices are expected to trade higher for the day on account of expectations of slow recovery in China and ahead of fiscal cliff talks.
- Dec 28, 2012 01:15 PM IST
While the US economy awaits its 'fiscal cliff' at the end of 2012, the world of business in India this year confronted with its own maze of buzzwords that included terms like GAAR, Coalgate, OFCDs and lobbying.
- Dec 28, 2012 12:10 PM IST
This has been "an exceptionally political year" in the words of one analyst, starting with the problems of the euro zone and concluding with all eyes on Washington as the US teetered atop the "fiscal cliff."
- Dec 28, 2012 09:54 AM IST
Key equity indices were firm early trade, as traders are betting that the US 'fiscal cliff' issue will be resolved, which in turn could boost sentiment in global markets. The Sensex was up 80 points at 19403, and the Nifty was up 26 points at 5896.
- Dec 28, 2012 09:46 AM IST
Gold firmed for a fifth straight day on Friday, ahead of talks to prevent the United States from plunging off a "fiscal cliff" of tax increases and spending cuts, with the metal on track for its biggest weekly gain in a month.
- Dec 28, 2012 09:38 AM IST
In an interview to CNBC-TV18, Arnab Das, managing director-research, Roubini Global Economics (RGE) gives his expectations for the global markets. He says that despite the Euro zone stabilizing, it will be hit by a recession in the next year.
- Dec 28, 2012 08:42 AM IST
Mom-and-pop investors may be coming off the sidelines just as the pros are ready to take a breather, setting up a dicey start for 2013.
- Dec 28, 2012 08:41 AM IST
Gold prices rose for a fourth straight day on Thursday for their longest winning stretch in nearly two months, but the gains were small for a market seen as a key hedge to the US fiscal crisis, dealers said.
- Dec 28, 2012 08:40 AM IST
Republicans in the US House of Representatives are resigned to seeing some sort of income tax increase in legislation to avoid a "fiscal cliff," but such efforts could be doomed in the absence of spending cuts, some Republican lawmakers say.
- Dec 28, 2012 08:37 AM IST
The persistent weakness in yen has been supporting gains in Asian markets, but the US fiscal cliff slipping its deadline has been weighing on EMs, says Pramit Brahmbhatt, CEO, Alpari India.
- Dec 28, 2012 08:36 AM IST
President Barack Obama and lawmakers are launching a last-chance round of budget talks just days before a New Year's deadline to reach a deal or watch the economy go off a "fiscal cliff."
- Dec 27, 2012 08:10 PM IST
President Barack Obama was flying back to Washington on Thursday and the top Republican in Congress planned to speak with House of Representatives lawmakers as the clock ticked toward a year-end deadline for action to avert the looming "fiscal cliff" tax hikes and spending cuts.
- Dec 27, 2012 06:51 PM IST
The US government reaching its borrowing limit will not change Moody's rating on the country.
- Dec 27, 2012 05:36 PM IST
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and stocks across various sectors.
- Dec 27, 2012 04:18 PM IST
In an interview to CNBC-TV18, Bruno Verstrate, CEO of Nautilus Invest expressed his view on the global scene as it is clear that all eyes are looking at what is happening in US. He believes the US debt situation is going to be burning topics in 2013 and this would put pressure on US treasury and dollar.
- Dec 27, 2012 03:20 PM IST
Brent crude oil slipped below USD 111 a barrel on Thursday as nervous investors watched talks to avert a US budget crisis that could push the world's biggest economy back into recession.