Rupee closes flat at 62.15…

January 14, 2015 0

Paring gains from the initial trading session, the rupee ended almost flat at 62.15 against the dollar as demand for the American currency and oil prices falling to a 5-year low weighed on the rupee. […]

Money Morning…

January 14, 2015 0

Crompton Greaves & Arelis enter into MOU to jointly manufacture electronic goods for various sectors. Positive in short term Crompton Greaves (CG) has entered into an agreement with French firm Arelis to jointly manufacture and […]

Rupee rallies higher to close at 62.32…

January 12, 2015 0

The rupee rallied to 62.32 against the dollar for the third straight day on stronger inflows into the domestic equity market and a relatively weaker American currency. The domestic unit strengthened as much as 60 […]

International Economy News…

January 12, 2015 0

Bank Of England Leaves Rates Unchanged; QE At GBP 375 Bln The Bank of England kept its key interest rate at a record low once again at the start of the year amid growing concerns […]

Market Outlook…

January 12, 2015 0

Indian equity markets remained highly volatile in the past week with Sensex delivering -1.5% WTD return. Crude continued its sharp downward trajectory with Brent crude falling by 10% WTD to ~$50. Although it benefits India […]

Money Morning…

January 12, 2015 0

Banks to get commission from govt for DBT- Positive for PSU banks like SBI, BOB, BOI, Canara Bank, etc The Union finance ministry has agreed to banks’ long-standing demand for commission for Direct Benefits Transfer […]

World Economic News…

January 9, 2015 0

European shares rose sharply on Thursday, tracking gains in the United States and Asia, as retail stocks rallied and the minutes from the Fed’s recent meeting reassured investors that it was not in a hurry […]

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