Sovereign

Developed market sovereigns and those in Latin America have experienced the most multi-notch downgrades.

Gold tops Rs 29,000-mark, hits over-mth high on global cues

Silver also shot up by Rs 350 to Rs 40,750 per kg due to increased offtake by industrial units and coin makers.

Gold rebounds on jewellers' buying, silver jumps Rs 280/kg

Gold recovered by Rs 100 to Rs 31,250 per 10 grams today on fresh buying by jewellers at the domestic spot market to meet retailers' demand even as the metal weakened overseas.

Gold, silver extend gains on global cues, jewellers' buying

Rising for the third straight day, price of gold surged by Rs 180 to 29,350 per 10 gram at the bullion market on June 10 in line with a firming trend overseas and increased buying by jewellers in domestic spot market

Investment norms for NIIF may be tweaked: Das

The norms would be tweaked within the broad framework of the investment to take into account suggestions from the domestic and overseas investors, Economic Affairs Secretary Shaktikanta Das said today.

Gold ends flat in thin trade; silver recovers

Gold prices remained steady at Rs 30,100 per ten grams at the bullion market today in the absence of any worthwhile activity at prevailing levels, even as the precious metal strengthened overseas.

Gold rises on positive global cues, jewellers buying

Traders said a firm trend globally where gold rose on speculation that the US central bank will be slow to tighten policy further, bolstered the metal's appeal, which also hit dollar.

Gold recovers on scattered buying; silver strengthens

Traders attributed the recovery in gold prices to some buying by jewellers and retailers to meet upcoming marriage season demand.

Gold surges Rs 710 to top Rs 28,000-level, hits one-year high

Silver also reclaimed the Rs 37,000-mark by rising a whooping Rs 1,180 to Rs 37,230 per kg on increased offtake by industrial units and coin makers.

Indian industry group to launch 1st physical gold exchange

The Mumbai-based India Bullion and Jewellers Association (IBJA), a group consisting of gold dealers, traders and jewellers, is talking with industry officials about launching the exchange next year.

Pay hikes to constraint govt's fiscal position: S&P

The 7th Pay Commission on Thursday recommended increase in remuneration of about one crore government employees and pensioners which is estimated to impose an additional burden of Rs 1.02 lakh crore in 2016-17.

Gold dips below Rs 26k;hits over 3 month low on global cues

Sentiments dampened after the precious metal traded near 5-year low in global market as investors sold bullion-backed funds on expectations that the US Federal Reserve will hike interest rate this year, bullion traders said.

Gold falls on muted demand;silver shapes up on fresh buying

Traders said easing demand from jewellers and retailers following the end of the auspicious Navratra festival mainly led to the decline in gold prices, but a firm trend overseas capped the fall.

Gold, silver recover on pick up in demand

Traders said fresh buying by jewellers to meet the festive and wedding season demand mainly supported the recovery in the precious metals prices but a weak trend overseas capped the rise.

India among top 5 sovereign EM debt issuers: Moody report

Compared to debt volumes as of end-2000, China has overtaken India and Brazil as the largest debt issuer in 2014, the report said.

S&P thinks India's sovereign rating will remain stable

Global rating agency Standard and Poor's expects a stable trend in sovereign credit rating in Asia-Pacific nations, including India, despite growing economic uncertainties

Gold at over two-week high on global cues, jewellers buying

Silver, however, met with resistance at prevailing levels and fell by Rs 250 to Rs 37,050 per kg. Bullion traders said firming trend overseas where gold jumped to five-week high as weakening dollar raised demand for the precious metals and increased buying by jewellers mainly kept prices higher.

Reform implementation to determine rating upgrade: Moody's

Moody's, which has given the lowest investment grade rating to India, named regulatory complexity and weak social and physical infrastructure as challenges before the country.

India‘s growth to outperform similarly rated peers: Moody's

Moody's said India‘s credit profile will improve if policies address weaknesses in its fiscal metrics and banking system

Sovereign buying could support gold in 2014: Expert

In an interview with CNBC-TV18, Phillip Gotthelf, MD, Equidex, talked about his outlook on international gold prices in 2014.

India's sovereign rating may be in question: Fitch Ratings

Art Woo, Director-Fitch Asia Sovereign Ratings, Fitch Ratings says the political struggle to pull in more votes may hinder the government's efforts at expenditure restraint; it may not succeed in curbing fiscal deficit. He said India's sovereign rating may be in question if fiscal deficit worsens.

Won't downgrade India; Re fall not hurting growth: Moody's

The BAA3 rating that Moody's has on India is itself constrained by wide fiscal deficit, and India is still import dependent in terms of its fuel needs and the recurrent inflationary pressure, all of which are reflected on the rupee level right now. But right now, falling rupee is not hurting the nation as much as investment levels

Nearly $1 trn of debt may be downgraded to junk in '12: S&P

The amount of sovereign and corporate credit on the cusp of being downgraded to junk status more than quadrupled in 2012, due primarily to an erosion in the credit quality of the world's banking sector, Standard & Poor's data showed on Wednesday.

10-year bond likely to move in band of 8.10-8.15%: Prabhu

Amidst steady supply of sovereign bonds and liquidity support via OMO buy backs the yields are likely to move in a narrow range, says Suresh Prabhu, Money Market Analyst.

Nifty seen between 4800-5400, valuations attractive: UBS

Trying hard to attract the bulls, Indian market seems to be moving on the edge waiting impatiently for some political action. Investors are jittery about a further weakening of economy. While alarm bells have already been rung, experts still feel that the economy can be back on track only if some reforms are passed.