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| Gold lovers in India trapped in vicious cycle | |
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Description: New Delhi/Noida, April 06 (ANI): Indian's legendary love for gold is threatening its economic growth as it draws capital out of an already cash strapped market. The returns from gold buying outshone investments in other fields in recent years, leading to reluctance from gold buyers to seek alternative investment options. Jewellery designers, Neha Sahdev and her sister Surbhi Ghai, said irrespective of the price, gold and jewellery is seen as safe asset by most Indian women. Views:247 |
| Stock Pulse: April 5, 2013 | |
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Description: New Delhi, April 5 (ANI): Trading at the Bombay Stock Exchange today closed 86.41 points down to stand at 18423.29. At the National Stock Exchange the Nifty closed 29.75 points down to stand at 5,545.00. IGL and MARUTI were among the top gainers with an increase of 11.34% and 7.27% along with MOTHERSUMI and UBL with an increase of 4.77% and 3.74% respectively, while the top losers include NMDC and INDIAN BANK with a decrease of 4.71% and 4.00% along with EXIDE INDUSTRIES and ADANIPOWER with a decrease 3.95% and 3.87% at the close of the markets. The Auto sector is up 49.32 points at 9,737.61 while the banking sector is down 60.18 points at 12,728.82 and the realty sector is down 7.61 points at 1,768.11. The Indian currency is up 0.13% at Rs 54.80 per dollar. Views:60 |
| Stock Pulse: April 4, 2013 | |
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Description: New Delhi, April 4 (ANI): Trading at the Bombay Stock Exchange today closed 294.06 points down to stand at 18507.58. At the National Stock Exchange the Nifty closed 98.15 points up to stand at 5,574.75. RENUKA and DR REDDY were among the top gainers with an increase of 6.85% and 3.28% along with MMTC and COAL INDIA with an increase of 2.88% and 2.43% respectively, while the top losers include JAIN IRRIGATION and MANAPPURAM with a decrease of 6.90% and 6.69% along with JP ASSOCIAT and IVRCL INFRA with a decrease 6.60% and 6.52% at the close of the markets. The Auto sector is down 33.08 points at 9,696.49 while the banking sector is down 251.37 points at 12,783.39 and the realty sector is down 59.48 points at 1,778.63. The Indian currency is down 0.64% at Rs 54.78 per dollar. Views:478 |
| Stock Pulse: April 3, 2013 | |
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Description: New Delhi, April 3 (ANI): Trading at the Bombay Stock Exchange today closed 263.40 points down to stand at 18777.55. At the National Stock Exchange the Nifty closed 83.20 points up to stand at 5,664.90. ADANI POWER and MMTC were among the top gainers with an increase of 8.56% and 4.99% along with UBL and MCX with an increase of 4.33% and 3.96% respectively, while the top losers include RENUKA and IVRCL INFRA with a decrease of 5.45% and 5.05% along with JAIN IRRIGATION and NMDC with a decrease 4.97% and 4.37% at the close of the markets. The Auto sector is down 233.61 points at 9,718.03 while the banking sector is down 243.91 points at 12,989.98 and the realty sector is down 52.76 points at 1,835.92. The Indian currency is down 0.28% at Rs 54.41 per dollar. Views:6019 |
| Necessary to retain trust of investors: SEBI | |
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Description: Mumbai, April 03 (ANI): Chairman of the Securities and Exchange Board of India, Upendra Kumar Sinha on Wednesday said that it was necessary to retain the trust of the investors. Sinha while addressing the 'Investment Outlook 2013' in Mumbai said that SEBI had no right to exist if trust in the market was not restored. In order to tackle illegitimate money being raised in large numbers, Sinha sought cooperation from the state governments. Views:5128 |
| Apple, Samsung, Google plan to launch 'smart watches' this year | |
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Description: New Delhi, April 03 (ANI): Tech giants Apple, Samsung and Google could launch their much-awaited smart watches later this year, it has been claimed. Avi Greengart, analyst on consumer devices at the research firm Current Analysis said 2013 may be the year for the smartwatch because "the components have gotten small enough and cheap enough" and a large number of consumers now have smartphones that can connect to a wearable device. According to the Australian, the idea of the connected watch has been around for at least a decade: Microsoft had one in 2003. Some devices are already on the market including from Sony, the crowdfunded maker Pebble and Italian-based firm i'm. Views:4772 |
| Stock Pulse: April 2, 2013 | |
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Description: New Delhi, April 2 (ANI): Trading at the Bombay Stock Exchange today closed 176.20 points up to stand at 19040.95. At the National Stock Exchange the Nifty closed 43.70 points up to stand at 5,748.10. RCOM and UNION BANK were among the top gainers with an increase of 10.86percent and 6.16percent along with OFSS and JSW STEEL with an increase of 5.97percent and 5.33percent respectively, while the top losers include SATYAM COMP and TECHM with a decrease of 5.75percent and 3.43percent along with MCLEODRUSS and IDEA with a decrease 2.62percent and 2.09percent at the close of the markets. The Auto sector is up 31.99 points at 9,951.64 while the banking sector is up 118.69 points at 13,233.89 and the realty sector is up12.99 points at 1,888.68. The Indian currency is down 0.01percent at Rs 54.28 per dollar. Views:8590 |
| Indian Economy on road to recovery: Chidambaram | |
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Description: Tokyo, April 02 (ANI): Union Finance Minister, P Chidambaram on Tuesday said that the growth pace of the India's economy would pick up pace in 2013-14, but only if the global economic gloom lifts.Chidambaram, who is visiting Tokyo to promote India as an investment destination, said that growth in Asia's third-largest economy was expected to accelerate in the current fiscal year to March 2014. Chidambaram also said that the Indian economy was capable of absorbing $50 billion in Foreign Direct Investment per year, adding that the government is committed to reforms to tackle a large current account deficit. Views:3380 |
| Growth to pick up in 2013-14, room for more FDI: Chidambaram | |
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Description: Tokyo, April 02 (ANI): Union Finance Minister P Chidambaram has said that India's economy is capable of absorbing $50 billion in Foreign Direct Investment (FDI) per year. He also added that the government is committed to reforms to tackle a large Current Account Deficit (CAD).Addressing a news conference during a visit to Tokyo to promote India as an ideal investment destination, Chidambaram also reiterated that growth in Asia's third-largest economy was expected to accelerate in the current fiscal year to March 2014. Views:309 |
| Top 5 Smartphones over 30K | |
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Description: New Delhi, April 01 (ANI): Prepare to get amazed, prepare to get bedazzled, prepare for the war of 'smart' phones. Even as the premium smartphone market is buzzing with hyper activity, owing to some compelling deals in the category, we intend to make your life easier as we bring you the top 5 smartphones over 30k that have hit the market by storm. Sony's flagship Xperia Z seems to be topping the list at the moment, boasting of some incredible hardware, beating even the likes of Samsung Galaxy S4 with unprecedented benchmark scores. Priced at 35,000, the Xperia Z has a 5 inch full HD display, a Qualcomm 1.5 GHz quad core chipset clubbed with 2 GB RAM. Being water and dust proof seems to be the icing on the cake. Now, if clicking great pictures is your priority, look no further than the Nokia Lumia 920. A 8.7 megapixel camera featuring Carl Zeiss optics with mechanical image stabilization, coupled with a 4.5 inch HD ClearBlack IPS panel display with PureMotion HD, and a price of 32k make Nokia Lumia 920 an ideal choice. Views:502 |