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July 2016

Dollar slides on U.S. GDP, Japan bonds fall on BOJ move

July 30, 2016 by shekarm

Weak U.S. economic growth data knocked down the dollar and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan's latest effort to boost the economy.

ICICI Bank profit falls as bad loan provisions surge

July 30, 2016 by shekarm

ICICI Bank Ltd, India's top private sector lender by assets, reported first-quarter profit fell about 25 percent as its provisions for bad loans more than doubled.

Gold tops Rs 31,000-level after 29 months

July 30, 2016 by shekarm

Gold prices spurted to Rs 31,340 per 10 grams, a 29-month high, by surging Rs 540 in the bullion market today, tracking a firm trend overseas amid increased buying by jewellers at the domestic spot market.

Silver ready took losses forward on easing demand from coin makers and lost another Rs 220 to Rs 47,080 per kg, while sil

Sensex cracks 157 points as banks fall, BoJ disappoints

July 30, 2016 by shekarm

Markets kicked off new F&O series on a sour note today, with the BSE Sensex falling 157 points to 28,051.86 hit by profit-booking in banking stocks while global cues remained muted on Bank of Japan's smaller-than-expected stimulus plan.

However, on a weekly basis, the Sensex rose 248.62 points or 0.89 per cent and the NSE

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Inventory reduction curbs U.S. economic growth; rebound expected

July 30, 2016 by shekarm

Inventory reduction curbs U.S. economic growth; rebound expected

Monsoon deluge in Indian cities causes traffic chaos, sewage swirls

July 30, 2016 by shekarm

Monsoon deluge in Indian cities causes traffic chaos, sewage swirls

Swamy attacks Rajan for 'dip' in MSME growth

July 30, 2016 by shekarm

  • Swamy attacks Rajan for 'dip' in MSME growth

Govt extends last date for filing tax returns to Aug 5

July 30, 2016 by shekarm

  • Govt extends last date for filing tax returns to Aug 5

Govt staff to get all Pay panel arrears in Aug salary

July 30, 2016 by shekarm

  • Govt staff to get all Pay panel arrears in Aug salary

Re extends gains for 4th day vs USD, ends up by 2 ps

July 30, 2016 by shekarm

  • Re extends gains for 4th day vs USD, ends up by 2 ps

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