Gold futures in India, which hit the lowest level in more than 18 months on Tuesday, may stage a recovery as key technical indicators point to the yellow metal entering oversold territory, according to analysts. Gold in India, the world’s biggest buyer of the metal, has shed 21 percent from the record high of 32,464 [...]
Even within the boundaries imposed by conservative prudential standards, the new, private sector banks in India have demonstrated how effective the right mix of technology and organisational design can be in delivering an ever-increasing range of services to their customers and relatively good returns to their shareholders. There are lessons to be learnt from this [...]
Atanasio is not the only one who has relinquished his charge in favour of a local executive. In December 2012, Ford India appointed Joginder Singh as president and managing director in place of Michael Boneham, an Australian. Ford’s Vinay Piparsania was brought in from the group’s operations in the Philippines as executive director (marketing, sales [...]
By Chikako Mogi TOKYO (Reuters) – The yen firmed against the dollar and the euro on Tuesday while commodities from gold to oil extended their sharp declines after investors dumped risk assets overnight, worried over slowing growth in China and the U.S. took hold. Cash gold and U.S. gold futures plunged to their weakest in [...]
(http://link.reuters.com/vyh47t) ———- PREVIOUS ITEMS Reliance, BP seek roadmap for market-driven gas pricing – Financial Express (http://link.reuters.com/qyh47t) ———- BPCL to spend $5.95 bln to raise refining capacity over 3-4 yrs – Business Standard (http://link.reuters.com/cyh47t) ———- Essel Financial to raise 10 bln rupee real estate fund – Mint (http://link.reuters.com/pyh47t) ———- Caspian launches $40 mln fund, to invest [...]
Finance Minister P Chidambaram today said the government will set up independent regulators for coal and road sectors in four months and vowed to bring down fiscal deficit. Beginning his campaign in North America for wooing foreign investments, he said India sees no difficulty in concluding a free trade pact with Canada. “There will be [...]
Mahatma Gandhi figures among the top three most admired leaders of the world, said a global survey of CEOs conducted by accountancy firm PwC. While Winston Churchill tops the list of 10 most admired leaders, Gandhi figures in the third position after Steve Jobs (co-founder of Apple), said the 16th Annual Global CEO Survey. As [...]
I earn Rs 1.5 lakh a month and have a Credit Information Bureau (India) Limited (Cibil) credit score of 600. Still, a public sector bank refused me a home loan. What could be the reasons and how do I go about negotiating the same? Credit score is just one among the many criteria that banks [...]
The crackdown follows a spate of high-profile tax enforcement actions against global companies in India including Royal Dutch Shell Plc, Vodafone Group Plc and Nokia Oyj that has dented corporate sentiment. India is scrambling to raise revenue to close a budget gap and avoid becoming the first of the so-called “BRIC” big emerging economies to [...]
Author Amish Tripathi or Amish as he prefers to be called, is now the stuff of Indian publishing legends. The latest in Shiva Trilogy “The Oath of the Vayuputras” sold five lakh copies within a week of publication, and cumulative sales of the Trilogy have clocked Rs 40 crore. Also read: I am risk-averse banker: [...]
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