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  • Modi, Putin to meet today to ink pacts on energy, defence Dec 11, 2014 08:07 AM IST

    Modi, Putin to meet today to ink pacts on energy, defence

    Putin is likely to seek deeper economic engagement with India to try to minimise impact of sanctions against Russia by the US and its Western allies over the Ukraine issue.

  • Government launches e-visa facility for 43 countries Nov 28, 2014 08:20 AM IST

    Government launches e-visa facility for 43 countries

    "We want to promote tourism in the country in a big way. The contribution of tourism in the GDP is approximately 7 per cent and we want to double it up," Home Minister Rajnath Singh said after launching the e-visa facility.

  • India: Best hedge fund bet of 2014? Nov 27, 2014 08:36 AM IST

    India: Best hedge fund bet of 2014?

    A host of positive and negative shocks — bold new leaders, potential wars, drops in currencies and commodity prices — have led to huge disparities in investment returns.

  • At G20 summit, US and Europe blast Russia over Ukraine Nov 15, 2014 01:27 PM IST

    At G20 summit, US and Europe blast Russia over Ukraine

    Speaking on the sidelines of the G20 summit in Brisbane, Obama placed security and climate change at the centre stage of the leaders meeting, overshadowing talks on global economic growth.

  • Brent drops below $83, but US jobs data could buoy prices Nov 07, 2014 12:43 PM IST

    Brent drops below $83, but US jobs data could buoy prices

    Brent crude dropped for the second straight session on Friday, dragged below USD 83 by worries over the strong US dollar.

  • 'Global consumer confidence better, India most bullish' Oct 29, 2014 09:42 AM IST

    'Global consumer confidence better, India most bullish'

    India remained the most bullish consumer market, while Italy became the most pessimistic, according to the survey by global information and insights company Nielsen.

  • Are oil bulls in permanent retreat? Oct 27, 2014 07:15 PM IST

    Are oil bulls in permanent retreat?

    Goldman cut its WTI crude oil forecast to USD 75 a barrel for the first quarter and second half of next year, down from USD 90 previously, and lowered its Brent forecast to USD 85 a barrel from USD 100 previously.

  • Investors search for end signs to stock market correction Oct 17, 2014 11:13 AM IST

    Investors search for end signs to stock market correction

    By some measures, the near 10 percent decline in the Standard & Poor's 500 stock index from a record high last month may already have flushed out much of the speculative money that helped propel a bull market in stocks beyond the average length.

  • Here's why your portfolio needs 'gold'en touch this Diwali Oct 14, 2014 02:59 PM IST

    Here's why your portfolio needs 'gold'en touch this Diwali

    The current gold prices are in the range of Rs 27,000 per ten grams in India. We recommend buying in at Rs 26,500 levels and holding delivery. In the current circumstances.

  • India-themed funds dominate in 2014 as investors cheer Modi Oct 09, 2014 08:55 AM IST

    India-themed funds dominate in 2014 as investors cheer Modi

    India's benchmark BSE Sensex reached an all-time high on September 8 and by the end of the month had climbed more than 28 percent from the start of the year. India-focused funds topping the league table have returned 40-50 percent this year.

  • Must eliminate diesel subsidies now: Raghuram Rajan Sep 15, 2014 10:45 AM IST

    Must eliminate diesel subsidies now: Raghuram Rajan

    Despite all the positives, credit growth numbers have not picked up that well. Rajan says for a positive growth push, investment growth needs to pick up.

  • Beware: Wild cards to watch for in 2015 Sep 13, 2014 02:18 PM IST

    Beware: Wild cards to watch for in 2015

    On top of the threat of the US Federal Reserve tightening the screws, the risk of another recession in Europe and a stumbling recovery in Japan, there are a deck of "wild cards" that could trip up the global economy in the coming year, experts warned at the World Economic Forum (WEF) in Tianjin, China.

  • More sanctions on Russia despite Ukraine ceasefire Sep 13, 2014 01:34 PM IST

    More sanctions on Russia despite Ukraine ceasefire

    New sanctions from the European Union would limit access by Russian oil companies to funds. Sanctions from the United States hit Russia's biggest bank and an arms maker, and bar US firms from helping five big Russian oil companies explore hard to reach deposits.

  • Brent heads for worst week in 6 at below $98 on weak demand Sep 12, 2014 10:12 AM IST

    Brent heads for worst week in 6 at below $98 on weak demand

    "I would like to see more risk premium priced in but the market doesn't want to," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

  • Bad weather, global woes hit India‘s tea production, export Sep 09, 2014 12:46 PM IST

    Bad weather, global woes hit India‘s tea production, export

    Till July this calendar, India produced 543.02 mkg against 553.89 mkg in the same period a year ago.

  • BRICS bank could change global financial landscape: Mobius Sep 05, 2014 11:33 AM IST

    BRICS bank could change global financial landscape: Mobius

    In July, leaders of the five BRICS nations – Brazil, Russia, India, China and South Africa – finally laid the foundation to the long-awaited plan to set up a new development bank to rival the World Bank

  • Draghi under pressure to deliver addl stimulus: Crossbridge Sep 04, 2014 03:06 PM IST

    Draghi under pressure to deliver addl stimulus: Crossbridge

    Manish Singh, Chief Strategist & Head of Investments at Crossbridge Capital believes ECB president Mario Draghi is under a lot of pressure to come up with additional stimulus measures.

  • Gold retains modest gains, but stays near 2-1/2 month low Sep 04, 2014 09:50 AM IST

    Gold retains modest gains, but stays near 2-1/2 month low

    Investors were waiting for a European Central Bank meeting later in the day to see whether it will deliver a fresh round of policy stimulus, and its impact on the euro and the dollar.

  • Russia must stop meddling in Ukraine: Barack Obama Sep 03, 2014 05:46 PM IST

    Russia must stop meddling in Ukraine: Barack Obama

    Obama was speaking in Estonia, one of three ex-Soviet Baltic states bordering Russia that fear separatist rebellion in eastern Ukraine could herald problems for them. All three have sizeable Russian minorities and rely on Russian fuel deliveries

  • Nifty closes above 8100, Sensex gains for 9th straight day Sep 03, 2014 04:42 PM IST

    Nifty closes above 8100, Sensex gains for 9th straight day

    The Nifty closed above 8100 level for the first time, up 31.55 points at 8114.60 while the Sensex climbed 120.55 points to 27139.94 after hitting an intraday high of 27225.85. The BSE Midcap and Smallcap indices gained 0.9 percent and 0.4 percent, respectively.

  • Russia-Ukraine ceasefire: Putin acts tough, no deal Sep 03, 2014 02:52 PM IST

    Russia-Ukraine ceasefire: Putin acts tough, no deal

    Arnab Das, MD-macro-strategy, Trusted Sources says though the emerging markets (EMs) were largely unaffected by the violence in the Ukrainian region, if tensions in the area continue and flow into other regions, then EM may start seeing some negative impact.

  • Services growth slowed in August, orders waned: HSBC Survey Sep 03, 2014 11:40 AM IST

    Services growth slowed in August, orders waned: HSBC Survey

    The HSBC Services Purchasing Managers' Index (PMI), compiled by Markit, fell to 50.6 in August from 52.2 in July. A number above 50 denotes growth while anything below implies contraction.

  • Indian rupee opens flat at 60.50 per dollar Sep 01, 2014 09:06 AM IST

    Indian rupee opens flat at 60.50 per dollar

    "Expect rupee to trade in the range of 60.35-60.70/dollar, says Agam Gupta of Standard Chartered.

  • Forex - Yen, Aussie weaker in early Asia, Ukraine, heavy data day eyed Sep 01, 2014 04:36 AM IST

    Forex - Yen, Aussie weaker in early Asia, Ukraine, heavy data day eyed

    Forex - Yen, Aussie weaker in early Asia, Ukraine, heavy data day eyed

  • Gold heads for first monthly gain since June on Ukraine Aug 29, 2014 07:55 AM IST

    Gold heads for first monthly gain since June on Ukraine

    Ukraine's president said on Thursday that Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, sharply escalating a separatist war and prompting anger and alarm among Kiev's Western allies.

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