Rupee falls against dollar on increased demand from importersTracking steep losses in local stocks, the Indian rupee today slipped 34 paise - its worst drop in two weeks - to close at 62.67 against th...
Essel Finance to buy majority stake in VKC Credit & ForexThe finance company, which is less than a year old, has an investment banking vertical, private equity fund and provides finance to small a...
- Brent, WTI prices reverse decline on Libya tensions
"In Libya over the weekend, the airport was taken and that is obviously a warning sign to the market," Ole Hansen, head of commodity strate...
Commexes’ extended trade hours hit a roadblockCommodity exchanges may be facing a hurdle to their plans of increasing volumes by launching extended trade hours in select farm products.
- Gold snaps seven-day rally; falls from record high
Gold prices declined from record high to Rs 31,400 in the bullion market, breaking its seven-day rising spree, on reduced offtake at higher...
- Heard on the street
Some smart traders managed to make a quick buck in Claris Lifesciences ahead of the company's announcement on Wednesday.
- Silver crosses Rs 35,000-level, gold rallies to a new peak
Tracking global markets, silver and gold prices rallied sharply in the early trade on the local bullion market today.
- Govt subsidy, high urea prices could help Zuari
KK Birla Group firm Zuari Industries has outperformed the market by a wide margin over the past one year. The scrip gained 397% in the past...
- Stocks to watch: Maruti, ICICI Bank, Dr Reddys
The stage is set for a gap-up opening Monday after the government's Rs 30,700 crore fiscal stimulus package, in an effort to revive fading ...
- U.S. crude oil futures falls $1, reverse China, Saudi rise
U.S. crude oil futures fell over $1.00 a barrel in electronic trade on Tuesday, shedding some of the gains from the previous day when crude...
- Putin may use credit squeeze as a tool to ‘destroy’ oligarchs
Vladimir Putin came to power in 2000 vowing to destroy Russia’s oligarchs ‘as a class’. Within two years, he’d driven two into exile and im...
- Oil firm near $117 on storm fears
Oil rose more than $1 to near $117 a barrel on Friday as energy companies prepared for Tropical Storm Gustav to deliver what could be the h...
- CME agrees to acquire Nymex for $9.4 billion
Cme Group, the world’s largest futures market, agreed to acquire Nymex Holdings for $9.4 billion to add benchmark oil and natural gas futur...
- Technicals driving crude rally
Indian crude oil futures have risen by Rs 65 in the last few sessions posing a moderate recovery, following the international market.
- Nymex looks to NYSE, CME & Deutsche Boerse for sell-off
The New York Mercantile Exchange (Nymex), the world’s largest energy market, is exploring a sale to NYSE Euronext, Deutsche Boerse or Chica...