December 6, 2016

Gold hits 3-yr low, heads for worst quarter since 1968

June 28, 2013 12:18 pm    Posted by    TIPS    , , , , , , , , ,

Gold fell below $1,200 on Friday to its lowest since August 2010 and is on track to record its worst quarter since at least 1968 on persistent worries over the US Federal Reserve’s plan to wind down its monetary stimulus. ...

CAD increase 3.6% Finance minister says current account gap may go up

June 27, 2013 12:03 pm    Posted by    TIPS    , , , , , , , , ,

India’s March quarter current account deficit was $18.1 billion, or 3.6 per cent of GDP, below the $21.7 billion deficit a year earlier, the Reserve Bank of India said. Country’s current account deficit (CAD) may widen because of money outflows, Finance Minister P Chidambaramsaid ...

Market Rang bound get profitable stocks

June 27, 2013 11:36 am    Posted by    TIPS    , , , , , , , , ,

Indian share open sharply higher due to recovery in global market and tracking positive Asian markets, which rallied after subdued US GDP data reduced concern that the Federal Reserve will begin to withdraw its stimulus in the near future. On Wednesday ...

Indian Market above 1% due to positive note of European Market

June 25, 2013 1:25 pm    Posted by    TIPS    , , , , , , , , ,

European markets are broadly higher today with shares in Germany leading the region. The DAX is up 1.04% while London’s FTSE 100 is up 0.79% and France’s CAC 40 is up 0.70%. At 01:00 p.m.; the 50-share index was at ...

Crude palm oil futures weaken on subdued demand

June 25, 2013 12:54 pm    Posted by    TIPS    , , , , , , , , ,

Crude palm oil prices weakened by Rs 1.20 to Rs 503.40 per 10 kg in futures trade today owing to subdued demand in the spot market against adequate stocks position. At the Multi Commodity Exchange, crude palm oil for delivery ...

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