May 18, 2012 08:32 PM IST
Oil marketing companies (OMCs) incur losses due to depreciation of rupee against dollar, minister of state for finance Namo Narain Meena said in a written reply in the Lok Sabha
- May 18, 2012 10:40 AM IST
With stocks in Asia dropping to near their 2012 lows and investors fleeing risk assets on growing worries about Europe's debt crisis, several market watchers say it's time for Europe's central bank to step up bond purchases and ease monetary policy further.
- May 16, 2012 04:36 PM IST
Gold fell for a fourth straight day to its lowest since late December on Wednesday, sucked into a broad-based sell-off that dented global markets on the back of alarm over political turmoil in Greece.
- May 16, 2012 03:15 PM IST
The rupee fell to a record low against the US dollar on Wednesday, breaching 54.30, weighed down by a sluggish domestic economy and risk-averse global sentiment. A compilation of analysts' view on the Indian currency and its future prospects follows.
- May 16, 2012 01:56 PM IST
The rupee tumbled 67 paise to all-time low of Rs 54.46 against the US dollar on the forex market during the midsession today on increased capital outflows and strong demand from importers.
- May 09, 2012 02:56 PM IST
The turmoil in the global equity space has left a huge impact among some commodities, particularly, crude. David Lennox, analyst at Fat Prophets expects crude prices to fall some more, hovering in the 100-105 per barrel range.
- May 02, 2012 12:55 PM IST
Angel Commodities has come out with its report on bullion. According to the research firm, Gold and Silver are expected to trade lower today on account of strength in the US dollar due to decreasing expectations of stimulus measures from Fed after favorable manufacturing data from the US.
- May 02, 2012 10:16 AM IST
Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10% target, as the strength of the US dollar against Asian currencies impacted income growth.
- May 01, 2012 09:16 PM IST
Global stocks, dollar rise after US data
- Apr 30, 2012 06:34 PM IST
Mecklai graph of the day - Last week, US dollar weakened across the board amid poor economic batch of data that released during the week and strength in equities due to better corporate earnings.
- Apr 26, 2012 10:02 AM IST
The rupee today appreciated by 11 paise to 52.43 against the US dollar in early trade on the Interbank Foreign Exchange market, as the American currency fell against other currencies overseas.
- Apr 24, 2012 08:55 AM IST
ICICIdirect.com has come out with its report on currency. According to the research firm one can utilise the lows in the USDINR April contract to buy.
- Apr 19, 2012 01:32 PM IST
Mecklai graph of the day - The rising wedge is a bearish pattern that begins wide at the bottom and going ahead the price contracts as it moves higher. As seen in the graph, the pair traded in continuous pattern and consolidated within two rising trend lines.
- Apr 13, 2012 07:50 PM IST
The Aussie dollar jumped on Thursday, rising 1% versus the US dollar on strong jobs data, but one strategist is calling for a sharp correction - forecasting the currency will fall as low as 70 cents against the greenback over the longer-term.
- Apr 09, 2012 04:33 PM IST
'Sometimes, a long-term investment is actually a short-term investment that failed.'
If you are planning on going long, keep this in mind as you trade for the next few days as there is a lot of global and domestic macro news to watch out for.
- Apr 03, 2012 12:30 PM IST
CNBC-TV18 asked Arjuna Mahendran, managing director and head of investments strategy (Asia) at HSBC Private Bank for his remarks on the situation in China. Checkout his comments.
- Mar 16, 2012 04:49 PM IST
Our fiscal balance has deteriorated in 2011-12 due to slippage in direct tax revenue and increased subsidies.
- Mar 15, 2012 12:51 PM IST
The Economic Survey of India says "the unfolding of the eurozone crisis and uncertainty surrounding the global economy have impacted the Indian economy causing drop in growth, higher current account deficit and declining capital inflows."
- Mar 13, 2012 04:00 PM IST
The government today said RBI's initiative to arrest the declining value of rupee has yielded results and the value of the Indian currency has appreciated by 4.4% vis-a-vis US dollar during February.
- Mar 09, 2012 06:46 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm crude oil prices are expected to trade with a sideways bias today taking cues from supply worries from Iran, a stronger dollar and mixed market sentiments.
- Mar 09, 2012 01:28 PM IST
Despite the gradual slip in gold, David Lennox, analyst at Fat Prophets writes off any arguments of the prices going the downhill. "Although gold prices will not escalate but it will continue to rise, though at a slower pace," said Lennox, in an interview to CNBC-TV18.
- Mar 01, 2012 11:26 PM IST
Gold can still make new highs this year, even as the Federal Reserve shows no sign of continuing market-sweetening bond purchases and the European Central Bank hints it won't supply any more half-trillion euro sugar rushes.
- Feb 16, 2012 06:09 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm precious metals and base metals are expected to trade with a negative bias today.
- Feb 03, 2012 05:20 PM IST
Mecklai graph of the day - Markets are waiting for the crucial NFP data, which is scheduled to be released later today in the US session. The NFP data shows the current health of US employment.
- Jan 27, 2012 08:20 AM IST
The debt crisis in Europe and new capital requirements has forced many European banks to trim lending to Asia. But, UK-based Standard Chartered`s Group CEO, Peter Sands, says it will use this deleveraging as an opportunity to expand its market share in Asia.