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Lloyds, two others dismissed from yen Li...

Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many financial services companies to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. ... read more »

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Crunch week as Fed meets on rates, Trump...

Crunch week as Fed meets on rates, Trump team joins G20

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or instead take investors into a whole new round of uncertainty. ... read more »

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Some bank bulls grow wary on policy unce...

Some bank bulls grow wary on policy uncertainty

(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. ... read more »

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State-owned carrier Air India understate...

State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »

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Economy

Sensex, Nifty surge most in 7 weeks on RBI hopes; rupee gains 0.6%

Sensex gains 173 points during pre-noon trade

Mumbai – A benchmark index of Indian equities markets gained 173.01 points or 0.84 percent during the pre-noon trade Friday. The rally was led by IT, oil and gas, auto and banking index... read more »

Rupee down 15 paise against dollarRupee down 15 paise against dollar

Rupee down 15 paise against dollar

Extending its losses for the fourth straight day, the rupee fell by another 15 paise to 62.29 against the dollar in early trade on Friday on the... read more »

India will never compromise on food security: Anand Sha...

India will never compromise on food security: Anand Sharma

New Delhi – After having successfully reached through consensus a trade agreement at the WTO meet, held in Indonesia, India will never compromise on the... read more »

Sensex trades flat during pre-noon session

Sensex trades flat during pre-noon session

Mumbai – A benchmark index of Indian equ! ities markets was trading flat at 80.51 points or 0.39 percent up during the pre-noon trade Tuesday. Good... read more »

RBI-reference rate for US dollar, euro

RBI-reference rate for US dollar, euro

 The Reserve Bank of India on Monday fixed the reference rate of rupee against U.S. dollar at 62.1024 and the euro at 85.4284 as against 62.1266 and 85.4135... read more »

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Investing

Gold firm ahead of US nonfarm payrolls report

SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven bids amid political uncertainty in Greece... read more »

India not planning further curbs on gold imports &...

India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said... read more »

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knock sto...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension between... read more »

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the... read more »

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Gold & Metals

Gold struggles on stronger economic data, higher equities

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the metal’s safe-haven appeal. Asian... read more »

Gold moves up by 0.55 pct on global cues

Tracking a firming global trend, gold prices rose 0.55 per cent to Rs 27,119 per ten gram in futures trade today as speculators enlarged... read more »

Gold falls 0.23% on weak global cuesGold falls 0.23% on...

NEW DELHI: Gold futures fell 0.23 per cent to Rs 26,897 per 10 grams on Friday as speculators locked in gains amid a weak global trend. At the Multi Commodity... read more »

Gold rises in futures trade on global cues

NEW DELHI, OCT 8:   Gold prices rose 0.27 per cent to Rs 27,020 per 10 grams in futures trade today as speculators created fresh positions after the precious... read more »

Gold tumbles, dips to over 3-month low on global cues

Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by... read more »

More from Business

Antrix told to pay Devas $672 million

The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An... read more »

Global stocks touch two-year low

In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex... read more »

India Up 16 Places to 55th on Global Competitiveness Index

Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in... read more »

Government slashes natural gas prices by 16% to $4.24 per unit

The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in... read more »

Nippon Life to hike stake in life insurance, mutual fund business...

MUMBAI: Bullish on growth prospects of his group’s financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike... read more »