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Strong U.S. job growth, rising wages set...

Strong U.S. job growth, rising wages set stage for Fed rate hike

WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. ... read more »

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Volkswagen pleads guilty in U.S. court i...

Volkswagen pleads guilty in U.S. court in diesel emissions scandal

DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker’s diesel emissions scandal. ... read more »

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U.S. extends leniency programme for comp...

U.S. extends leniency programme for companies that disclose bribery

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when employees may have paid bribes, a senior official said on Friday. ... read more »

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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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Economy

India's exports jump 13.47 percent in October

India’s exports jump 13.47 percent in October

New Delhi – India’s exports jumped by 13.47 percent to $27.27 billion in October, while imports dropped by 14.5 percent, government data showed Monday. According to data released by the... read more »

Confident of containing CAD below $60 bn: Chidambaram

Confident of containing CAD below $60 bn: Chidamba...

Finance Minister P Chidambaram on Tuesday exuded confidence that India’s current account deficit (CAD) will be contained below $60 billion this... read more »

Onion prices to come down in next 10 days: Thomas

Onion prices continue to rule upto Rs 90/kg

New Delhi –  Food Minister K V Thomas on Friday said onion prices will come down in the next 10 days with the fresh arrival of domestic and imported... read more »

HCL Technologies’ Q1 profit rises 64 percent, top...

HCL Technologies hits record high; time to exit?

Bangalore – HCL Technologies , India`s No. 4 IT services exporter, beat market expectations with a 64 percent rise in September quarter profit, joining... read more »

Rupee recovers 23 paise vs dollar in early trade

Rupee recovers 23 paise vs dollar in early trade

The rupee recovered by 23 paise to 61.32 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange following selling of the American... read more »

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Investing

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S. economy continues to recover from a winter... read more »

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

Gold demand in India to rise in H2 as import curbs...

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and... read more »

Gold down by Rs 100 on weak global cues; silver recover...

Gold And Silver : 2014

NEW DELHI: Gold prices on Monday fell by another Rs 100 to Rs 30,240 per 10 grams in the national capital on selling by stockists in tandem with a weak global... read more »

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Gold & Metals

No plans to roll back gold import curbs: FM P. Chidambaram

No plans to roll back gold import curbs: FM P. Chidambaram

Mumabi – India is not planning any changes to its record import duty on gold and other restrictions on imports until the current account deficit is firmly under control, Finance Minister P.... read more »

Gold Market Update : Gold Hit High Of $1262

Gold Market Update : Gold Hit High Of $1262

Gold hit a high of $1262 overnight, touching the upper boundary of the down trend channel on the daily chart and finding resistance there as would... read more »

Gold prices rebounded by Rs. 210 to Rs. 30,180 per 10 g...

Gold prices rebounded by Rs. 210 to Rs. 30,180 per 10 grams

New Delhi – Gold prices rebounded by Rs. 210 to Rs. 30,180 per 10 grams in the national capital on Saturday following revival of buying by stockists for... read more »

Gold steady after two-day fall, economic optimism weigh...

Gold steady after two-day fall, economic optimism weighs

Singapore – Gold was little changed on Thursday after a two-day decline but a rally in stocks and increasing optimism over global economic growth... read more »

China grants GOLD import licenses to foreign banks for ...

Gold, silver prices rise on brisk buying, global cues

Singapore / Shanghai –  China has granted licenses to import gold to two foreign banks for the first time, sources said, as moves to open the... read more »

More from Business

Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 2016

NEW DELHI: Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on account of the sluggish equity... read more »

Will Alibaba crash impact Indian e-commerce valuation?

NEW DELHI: When Alibaba listed on NYSE a year ago, it created history with the highest share sale value, making the Chinese e-commerce giant valued at around $230 billion. A year on, the... read more »

Pfizer to sell Thane plant to Vidhi Research for Rs 178 crore

Drug firm Pfizer has said it has entered into a business transfer agreement to sell its Thane plant as a going concern to Vidhi Research and Development LLP for Rs 178 crore. In a BSE... read more »

Sterlite Technologies acquires Elitecore Tech for Rs 180-crore

NEW DELHI: Sterlite TechnologiesBSE 2.23 % today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom... read more »

Volkswagen unveils five-year investment plan to become world’s leading carmaker by 2018

Volkswagen emissions scandal spreads to Europe and threatens to e...

The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The chief... read more »