Tag: Indian market
17 Results
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Rupee gains 5 paise against dollar at 63.82
The rupee edged up 5 paise to trade at 63.82 against the US dollar in early session at the interbank forex market on Tuesday on increased selling of the American currency by exporters and banks. Besides, sustained foreign fund inflows and record gains in domestic equity markets supported the rupee, forex dealers said. However, the …
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January 23, 2018 -
Gold softens on muted demand; silver steady
Gold prices weakened by Rs 25 to Rs 29,525 per ten gram at the bullion market on Monday as demand from local jewellers slackened even as the metal gained strength overseas. Silver held steady at Rs 38,100 per kg in limited deals from industrial units and coin makers. Traders said easing demand from local jewellers …
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December 18, 2017 -
Top eight BSE companies add Rs 57,998 cr to market valuation
The combined market valuation of eight of the top 10 valued firms soared by Rs 57,998.58 crore last week, driven by FMCG major Hindustan Unilever (HUL) and the country’s largest carmaker Maruti Suzuki India. India’s largest IT services firm Tata Consultancy Services (TCS) and HDFC Bank were the only losers among 10 most valued firms …
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December 10, 2017 -
Markets open on a negative note on Wednesday
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE after opening at 32,798.50 points touched a high of 32,804.75 and a low of 32,702.37 points. The Sensex is trading at 31,740.12 points down by 62.32 points or 0.19 per cent …
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December 6, 2017 -
Gold weakens on global cues, muted demand
Gold prices softened by Rs 25 to Rs 30,525 per ten gram at the bullion market on Friday, tracking a weak trend overseas amid tepid demand from jewellers at the domestic spot market. Silver, however, remained steady at Rs 40,500 per kg in scattered deals from industrial units and coin makers. Traders said apart from …
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November 24, 2017 -
‘India can become second largest market for robotic surgery’
With the aim of installing 200 more robots and reach over 20,000 robotic-assisted surgeries per year by 2020, US-based Vattikuti Foundation is set to make India the second largest market for robotic surgery in the world after the US, said the non-profit’s top executive here. “India today has tremendous potential and much talent, across all …
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November 20, 2017 -
Key Indian equity indices trade higher during early session
The key Indian equity indices opened in the green on Friday following global cues. The 30-scrip Sensitive Index (Sensex) was trading 384.73 points or 1.16 per cent higher during the early session. The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 118.85 points or 1.16 per cent higher at 10,333.60 points. …
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November 17, 2017 -
Key Indian equity indices trade flat
The key Indian equity indices on Tuesday were trading flat in the morning session. The 30-scrip Sensitive Index (Sensex), was trading at 45.08 points or 0.14 per cent higher, soon after opening. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 7.55 points or 0.07 per cent higher at 10,232.50 points. …
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November 14, 2017 -
Is doing business in India really easier now?
Prime Minister Narendra Modi’s efforts in building India’s global appeal for investors seems to have finally yielded returns in terms of the country’s performance in the World Bank Doing Business rankings. India witnessed its highest-ever jump of 30 places in the rankings, reaching the 100th place among 190 countries. Subsequently, it also joined the list …
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November 7, 2017 -
Equity indices open lower
The key Indian equity indices opened on a marginally lower note during the early morning trade session on Tuesday prompted by weak global cues and selling pressure in IT, oil and gas, and Teck stocks. Around 9.18 a.m., the broader Nifty50 of the National Stock Exchange (NSE) traded lower by 13.45 points, or 0.13 per …
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October 31, 2017 -
India INX applauded for opening Indian mkt to global traders
The nine-month old India International Exchange (India INX) has been awarded for being the fastest emerging bourse and recognised for opening up the Indian market to global traders. The award was given here last night by Futures and Options World (FOW) of the London-based Euromoney Institutional Investor plc. “We believe that India will open up …
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September 22, 2017 -
India not part of emerging market growth: Jahangir Aziz
While the overall emerging market economies (EMEs) are on an upward trend, India has not managed to be a part of the emerging market growth, said Chief Emerging Markets Economist at JP Morgan Jahangir Aziz. “If you look at emerging market economies overall, since around 2013-14 they had been on a downward trend across the …
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September 21, 2017 -
India’s wholesale inflation in August accelerates to 3.24%
A massive jump in food prices pushed up India’s wholesale price-indexed (WPI) inflation in August at 3.24 per cent to nearly double that of July, official data showed on Thursday. According to data released by the Commerce Ministry, the annual rate of WPI inflation in July was at 1.88 per cent, while it was at …
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September 14, 2017 -
Apple CEO Tim Cook says he is bullish about India
Apple CEO Tim Cook has said he is very “bullish” and “optimistic” about India, a market where the company is bringing all of its “energies” to expand footprint. “We are investing in India…we've already launched an app accelerator center. That's on top of working with the channel and looking at expanding our go-to-market in general,” …
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August 2, 2017 -
Apple CEO Tim Cook says he is bullish about India
Apple CEO Tim Cook has said he is very “bullish” and “optimistic” about India, a market where the company is bringing all of its “energies” to expand footprint. “We are investing in India…we've already launched an app accelerator center. That's on top of working with the channel and looking at expanding our go-to-market in general,” …
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August 2, 2017 -
Trump calls for removal of barriers for US exports to India
US President Donald Trump said he is keen to work with Prime Minister Narendra Modi on creating a "fair and reciprocal" trading relationship between the two nations and called for the removal of "barriers" for the export of US goods into Indian markets. "I look forward to working with you to create jobs in our …
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June 27, 2017 -
Gulf Aviation Academy enters the Indian market
The Gulf Aviation Academy on Friday said it has entered the Indian market through an agreement with domestic aviation training institute SpeedJet Aviation. The Gulf Aviation Academy (GAA) is part of the Bahrain Mumtalakat Holding Company, the investment arm for the Kingdom of Bahrain. According to GAA, the new partnership offers Indian students a competitive advantage in …
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September 16, 2016