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In Samvat 2077, how will bazaar perform - what do numbers say? Astro numerologist Sanjay Jumani in chat with Anil Singhvi
Thu, Nov 12, 2020
Jumani said that he had been recommending buy on gold since Rs 30000 levels, even last year when gold was at Rs 40000, he had recommended a buy. He said he expected economy to worsen due to Rahu in the 4th year. It is known that when economic conditions worsen, there is defensive buying happening in gold as it is considered a safe haven for investors.
Market manage to end with gains, up 131 points for the week
Sat, Feb 24, 2018
Ripples of massive PNB scam continued to drag the market momentum during the week trade
Gold, silver domestic price slip on muted demand
Wed, Feb 07, 2018
Even as the precious metal strengthened overseas, gold prices tumbled Rs 265 per 10 grams at the bullion market in Mumbai today following a fall in investor demand and jewellery offtake.
Market take heavy beating, tumble 983 points for the week
Sat, Feb 03, 2018
The budget proposals of 10% long term capital gains tax on equities and overshooting of fiscal deficit target quashed investor optimism
India to overtake Japan in steel production in 2 years
Sat, Jul 15, 2017
India is currently producing 90 to 95 million ton of steel per annum against the world no.2 steel producer Japan, which produces around 103 million ton, said Dr T Venugopalan, Technical Advisor to Tata Steel Managing Director.
Demonetisation had positive impact on sectors like metals, capital goods
Thu, Mar 16, 2017
Four months since demonetisation and its impact has started to fade out. However, everything isn't gloom and doom as analysis show that there were a few sectors that gained from Prime Minister Narendra Modi's bold attempt to tackle black money and push India towards a less-cash economy.
Gold edges up on Europe political risk, but US rate outlook drags
Mon, Mar 13, 2017
Gold prices inched up on Monday on safe-haven demand ahead of elections in Europe, moving further away from 5-week lows touched late last week in expectation of an imminent rise in U.S. interest rates.
Appraisals this year likely to average at 9.5%, Survey finds
Wed, Feb 22, 2017
Aon Hewitt latest 'Salary Increase Survey' has projected a drop in pay increases to an average of 9.5% across industries in India.
Rupee depreciation remains a significant risk to India Inc
Tue, Jan 24, 2017
In a report, India Ratings said that depreciation of rupee remains a significant risk for corporate balance sheets, although it may not derail the economic recovery, it could impact their credit profile.
Metals, oil and gas give most returns this year so far
Thu, Nov 03, 2016
Metal stocks have grown by 39% since January and 63% from the February 2016 lows. Oil and gas stocks have risen by 28%, followed by auto with a growth of 19% and banking with 15% increase.
Gold slips on dollar strength after two sessions of gains
Tue, Oct 11, 2016
Gold prices edged lower in Asian trade on Tuesday after two sessions of gains, dragged down as the U.S. dollar strengthened. FUNDAMENTALS * Spot gold had dropped 0.3 percent to $1,256.30 an ounce by 0053 GMT.
NMDC, Nalco, MOIL stake sale: Why sell when prices are low?
Mon, Oct 10, 2016
Union Government is likely to sell stake in three PSUs namely National Mineral Development Corporation (NMDC), National Aluminium Company (Nalco) and MOIL in the last quarter of this fiscal to raise about Rs 6000 crore.