Economy News

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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
bse-sensex

BSE Sensex Falls Ahead of Long Weekend

The BSE Sensex fell by 0.45 percent in the opening trade on Wednesday because of the long weekend ahead. Traders are precautious, as the market will be closed on Thursday and Friday for holidays. Apr 4, 2012
bse-sensex

BSE Sensex Closes 2-weeks High; Lenders Anticipate Rate Cut

The BSE Sensex was up by 0.68 percent on Tuesday, its highest close in two weeks. Heavy Electricals (BHEL) gained after posting positive provisional earnings and lenders also expect the Reserve Bank of India (RBI) to cut rate this month. Apr 3, 2012
rba

RBA Likely to Keep Overnight Cash Rate

Economists and analysts are of the opinion that the Reserve Bank of Australia (RBA) would keep the 4.25 per cent overnight cash rate when its board meets Tuesday, April 3. Apr 3, 2012
bse-sensex

BSE Sensex Expected to Rise by 26 Percent This Year

The BSE Sensex is likely to rise this year in spite of concerns over the government's finances and political stability. A poll conducted by Reuters indicated that BSE Sensex might gain 26 percent this year, hoping on interest rate cuts to bolster growth. Mar 30, 2012
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