Asia

Indian Stocks Plunge On RBI Measures; Banking Sector Shares Tumble

Indian stock markets ended lower Wednesday, snapping BSE Sensex's five day winning streak after the Reserve Bank of India's (RBI) fresh tightening measures in the banking system to arrest rupee fall weighed on financial sector shares.

Jul 24, 2013

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

Sensex Expected to Decline Wednesday after RBI Tightens Fund Flow

India's Sensex is expected to decline on Wednesday after touching the highest level in more than two years in the previous session.

Jul 24, 2013

Indian Stocks End Higher; Consumer Durables, Banking Shares Surge

Indian stock markets ended higher for the fourth straight session on Tuesday, led by gains from consumer durables, realty and banking sector shares.

Jul 23, 2013

indians-shopping-for-gold-after-prices-fell

Remember 1991? Is Chidambaram's Anti-Gold Policy Right?

Despite Indian Finance Minister P. Chidambaram's oft-repeated appeal to desist from buying gold, there is hardly any decline in gold sales across the country and the minister should realise that it was sine-qua-non to his budget beset with huge increase in daily taxes that had hit the country's massive middle class.

Jun 14, 2013

After Aishwarya Rai Bachchan, Kareena Kapoor to Endorse Jewellery Brand [PHOTO]

Jewellery brands in India have always signed top Bollywood actresses like Aishwarya Rai Bachchan, Sushmita Sen, Hema Malini, Sonam Kapoor and many others to represent them.

Apr 3, 2013

IT, Tech Shares Lift Sensex; Infosys Climbs 15 Percent

India's BSE Sensex advanced Friday, led by gains from IT, technology and consumer durable sector shares.

Jan 11, 2013

Aishwarya Rai Bachchan's Comeback: Actress Looks Stunningly Beautiful in Kalyan Jewellers Ad [PHOTOS]

Bollywood actress Aishwarya Rai Bachchan, who was harshly criticized for her weight gain, has slammed critics again with her comeback in a recent jewellery advertisement.

Aug 7, 2012

foreign-exchange-dealers-are-seen-beneath-an-electronic-board-displaying-the-japanese-yens-exchange-rate-against-the-u-s-dollar-in-tokyo

JFX Online Trading Walks You Through Investing Hurdles

As the founder of Geneva-based Synthesis Bank, acquired recently by Saxo Bank, Charles Henri Sabet is eager to share his 20-year expertise on foreign exchange trading in a new business--JFX.com.

Jun 19, 2012

Petrol Price Hike In India: Rates Before And After Hike

The Indian Government Wednesday announced the single largest hike in petrol prices by Rs. 7.50 per liter (including tax). The hike price came into effect from midnight and has led to a nationwide protest with the common man, the government's allies and oppositions fuming over the issue.

May 24, 2012

Prices of the safe haven yellow precious gold metal jumped 0.2 per cent to $1,751.80 an ounce after finance ministers in the heavily fiscal-affected eurozone and the International Monetary Fund (IMF) agreed to reduced Greece's long-term debt.

India's Gold Demand Falls 29 Percent In Q1; Price Upturn Likely In Future

India's gold demand slumped 29 percent in the year's first quarter, falling far behind China which is now the world's leading bullion market, the World Gold Council said Thursday. As per the organization's report, the country's gold consumption in volume declined to 207.6 tonnes in the first quarter, as compared to that of 291.8 tonnes at the same period the previous year. India's gold jewellery market reported a drop at 19 percent to 152 tonnes, while investment demand dipped 46 percent down...

May 17, 2012

Jewellers Pin Hopes on Akshaya Tritiya: Soaring Gold Prices Not To Affect Business, Traders Feel

The jewellers and traders across India had geared up for the Akshaya Tritiya as the people are expected to throng the gold shops in large numbers on Tuesday for the purchase.

Apr 23, 2012

india-gold-etf-demand-likely-to-explode-wgc

India Gold Jewelers Back in Business, Ends 20-Day Nationwide Strike

Gold demand in India remained low after the country's gold bullion traders and jewelers ended their 20-day nationwide strike on Friday, but the gold entrepreneurs remained confident consumer interest on the precious safe haven yellow metal will pick up as the annual wedding season in the country begins.

Apr 10, 2012

Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate

Due to the rising dissatisfaction level among Australians with large banks, more people are bringing their business to credit unions. As a result of this change, a number of Aussie credit unions are becoming banks.

Apr 2, 2012

Analysts Say Big 4 Could Cut Rates In April Due to Lower Funding Costs

Lower funding costs would allow the big four to cut interest rates on loans in April, while still protecting their profits, analysts said on Friday.

Mar 30, 2012

BRICS Summit 2012: Members to Pressurise Europe, U.S. Over Global Monetary Imbalances

The members of the BRICS group-Brazil, Russia, India, China and South Africa have been united to pressurise the European countries and United States of America over the global economic imbalances and monetary policies, at the ongoing fourth meeting in New Delhi Thursday.

Mar 29, 2012

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