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November 2015

Gold down on dollar, eyes biggest monthly fall in 2-1/2 years

November 30, 2015 by shekarm

Gold edged lower on Monday, heading towards its lowest level in nearly six years as the dollar hit a multi-month high and on track for its steepest monthly slide in 2-1/2 years on prospects of a U.S. interest rate hike this year.

India's economic growth seen picking up, RBI may hold rates steady

November 30, 2015 by shekarm

India's economic growth likely picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity that could persuade the Reserve Bank of India to keep interest rates unchanged on Tuesday.

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Dollar rises versus euro, oil drops before ECB, OPEC meetings

November 30, 2015 by shekarm

The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for U.S. and euro zone interest rates, while oil fell with OPEC ministers expected to keep the pumps on.

India to discuss changes to gold monetisation scheme after muted response

November 30, 2015 by shekarm

India is set to discuss changes to a scheme to unlock the country's massive stash of gold at a high-level meeting on Tuesday, after a muted response to the programme in the first month of its launch, according to banking sources.

Airtel to invest 60K cr in 3yrs on expanding network

November 30, 2015 by shekarm

Bharti Airtel on Monday said it will invest Rs 60,000 crore over three years on expanding networks that will help improve the quality of services.

It said that as part of 'Project leap', it will deploy over 70,000 base stations in the current fiscal, while over three years, more than 1,60,000 base stations will be put up acro

New restructuring for state discoms a positive: Fitch

November 30, 2015 by shekarm

Terming the new restructuring package offered to state discoms as a positive, Fitch today said states opting for the package and delivering on loss reductions over the medium-term is essential for the success of the programme.

"The agency sees the new restructuring package offered to the state discoms in November 2015 as a po

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TN has maximum number of operational SEZs

November 30, 2015 by shekarm

As many as 36 special economic zones (SEZs) are operational in Tamil Nadu, followed by Telangana and Karnataka, Parliament was informed today.

In Telangana and Karnataka, 26 SEZs in each state are operational.

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Hyundai reaches out to children for road safety drive

November 30, 2015 by shekarm

Hyundai Motor India today launched an initiative to spread awareness on road and traffic safety in the country in association with the Ministry of Road Transport and Highways.

The initiative -- Safe Move-Traffic Safety Campaign -- will promote the best practices of road and traffic safety habits among school children.<

India receives just 0.68 per cent of international tourists

November 30, 2015 by shekarm

 India receives less than one per cent international tourists annually and their average stay in the country has come down by two days, Tourism Minister Mahesh Sharma said today.

Replying a question in Lok Sabha, Sharma said India received just 0.68 per cent of the world tourists every year and efforts have been made to

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Equity Fundamental Analysis on 30.11.15

November 30, 2015 by shekarm

Markets rise on GST hopes

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