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India
Gold soars to year high on frenzied seasonal demand
Riding high on the back of an unprecedented buying frenzy and robust seasonal offtake, gold prices stormed to a one-year high at the domestic bullion hub here amid highly bullish overseas sentiment. Silver also rallied due to heavy demand from jewellery traders and consuming industries.
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India
Rupee extends losses to 67.94, down 30 paise
Extending losses for the second straight day, the rupee on Monday dropped by another 30 paise to close at 67.94 per dollar on persistent demand for the American currency from banks and importers on the back of higher greenback overseas.
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India
Indian economy to grow at 7.6% in 2015-16 fiscal
Indian economy is expected to record a five-year high growth rate of 7.6 per cent in 2015-16 on improved performance in manufacturing and farm sectors. According the central statistics office, the GDP growth is estimated at 7.3 per cent in October-December quarter of this fiscal.
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India
IRCTC partners with Chaayos to provide tea and snacks in trains
The steaming cup of tea, an inseparable part of any train journey, is going to be tastier and customized in choicest flavours with IRCTC entering into a tie up with leading tea cafe chain Chaayos. Passengers can get their tea and snacks delivered to their train seats directly.
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India
Sensex slides 330 pts on fag-end selling, GDP data eyed
Market benchmark Sensex plunged by 330 points to 24,287.42 ahead of the release of GDP numbers for the third quarter as selling pressure intensified in the later half of the session on weak opening in European shares.
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Giappone
Dollar rises above ¥117 in Tokyo
The dollar topped ¥117 in Tokyo trading on Monday, lifted by a rebound in Tokyo stock prices. At 5 p.m., the dollar stood at ¥117.31-31, up from ¥116.81-81 at the same time Friday. The euro was at $1.1137-1137, down from $1.1194-1194, and at ¥130.65-66, down from ¥130.76-77. After moving around ...
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Giappone
Tokyo stocks snap four-session losing streak
Stocks snapped a four-session losing streak Monday on the Tokyo Stock Exchange, helped by buybacks of undervalued shares and weakness in the yen. The 225-issue Nikkei average climbed 184.71 points, or 1.10 percent, to end at 17,004.30. On Friday, the key market gauge slumped 225.40 points. The Topix index of ...
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Giappone
BOJ board split by concerns over negative interest rate move
Members of the Bank of Japan Policy Board raised concern at their January meeting about the side effects of adopting a negative interest rate. The post BOJ board split by concerns over negative interest rate move appeared first on The Japan Times.
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Giappone
Nomura, Mizuho see Takata’s distressed debt at bargain price
Takata Corp. may be embroiled in the biggest vehicle recall in U.S. history as its air bags have been linked to 11 deaths, but don’t count it out as an investment, say credit analysts at Mizuho Securities Co. and Nomura Holdings Inc. who are recommending investors buy its bonds. The ...
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Giappone
Cheap oil boosts Japan’s 2015 current account surplus sixfold
The nation’s current account surplus grew more than sixfold in 2015 from the previous year to ¥16.64 trillion, boosted by a plunge in crude oil imports and a travel surplus amid the yen’s depreciation, government data showed Monday. Goods trade registered a deficit of ¥643.4 billion, down 93.8 percent from ...