Hero to phase out recent products with Honda tech |
- Hero to phase out recent products with Honda tech
- Gold prices may touch Rs 35k
- Tax refund in three months, says CBDT
- RBI advises against gold investment
- Most large funds trailed benchmarks in last 5 years
- ECB agrees new bond-buying plan
- Rupee snaps three-day losing streak
- US private sector adds 2,01,000 jobs in August
- Sensex closes 33 points higher
- First Dreamliner for AI to land Saturday
- Gold futures climb record high of Rs 32,758
- Sensex up by 19 points in early trade
- Rupee falls to 3-week low tracking shares
- Two-wheelers face first sales fall in 42 months
- Kaushik Basu appointed World Bank chief economist
| Hero to phase out recent products with Honda tech Posted: 06 Sep 2012 05:43 PM PDT Hero, that is setting up an integrated R&D centre near Jaipur with an investment of 400 crore, has been getting aggressive in firming up alliances to guarantee new technology flow after the departure of Honda. 
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| Posted: 06 Sep 2012 05:33 PM PDT Gold prices may be the party pooper this dhanteras - the traditional buying season for thousands of Indian households - with several analysts betting that the yellow metal is expected to touch Rs 35,000 per 10 gram. 
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| Tax refund in three months, says CBDT Posted: 06 Sep 2012 05:32 PM PDT The Central Board of Direct Taxes (CBDT) on Thursday said it has reduced the time period for tax refunds to three months and would take steps to release arrear payment at the earliest. 
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| RBI advises against gold investment Posted: 06 Sep 2012 05:29 PM PDT On a day gold prices touched a new high, the Reserve Bank of India (RBI) urged the public against choosing gold as an asset for savings or investment."Because interest rates are very low, people are investing in gold. 
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| Most large funds trailed benchmarks in last 5 years Posted: 06 Sep 2012 05:28 PM PDT More than one out of two actively managed large-cap equity mutual funds have underperformed their respective benchmark index in the last five years. 
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| ECB agrees new bond-buying plan Posted: 06 Sep 2012 06:11 AM PDT The European Central Bank agreed a new bond-buying programme on Thursday to lower struggling euro zone countries' borrowing costs which would serve as a "fully effective backstop", ECB President Mario Draghi said on Thursday. 
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| Rupee snaps three-day losing streak Posted: 06 Sep 2012 06:02 AM PDT The rupee snapped a three-day losing streak on Thursday boosted by corporate dollar sales and gains in the euro, which rose on hopes the European Central Bank would announce a plan later in the day to aid the ailing euro zone economies. 
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| US private sector adds 2,01,000 jobs in August Posted: 06 Sep 2012 05:27 AM PDT US private employers added 201,000 jobs in August, easily beating economists' expectations, a report by a payrolls processor showed on Thursday. 
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| Sensex closes 33 points higher Posted: 06 Sep 2012 04:23 AM PDT After rising over 100 points, the Sensex today trimmed early gains ending 33 points higher amid investors adopting a cautious approach ahead of the much-awaited ECB policy meeting later in the day. 
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| First Dreamliner for AI to land Saturday Posted: 06 Sep 2012 03:22 AM PDT Air India's long wait for the Boeing 787 Dreamliner is finally over, with the first of these long-haul planes set to arrive here on Saturday, sources said today. 
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| Gold futures climb record high of Rs 32,758 Posted: 05 Sep 2012 11:08 PM PDT Surpassing all previous records, gold today hit a new record high of Rs 32,758 per 10 grams in futures trade as participants built up huge speculative positions, tracking a firming trend overseas. 
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| Sensex up by 19 points in early trade Posted: 05 Sep 2012 10:16 PM PDT The BSE benchmark Sensex on Thursday recovered marginally by over 19 points in early trade on selective buying by funds and retailers. 
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| Rupee falls to 3-week low tracking shares Posted: 05 Sep 2012 10:15 PM PDT Rupee dropped to its lowest level in three weeks on Thursday, hurt by mild losses in the domestic share market and dollar demand from oil refiners. 
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| Two-wheelers face first sales fall in 42 months Posted: 05 Sep 2012 09:51 PM PDT Two-wheeler companies such as Hero MotoCorp and Bajaj Auto posted a sharp drop in sales while overall industry numbers declined 5 per cent for the first time since January 2009 to 1.07 million units. 
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| Kaushik Basu appointed World Bank chief economist Posted: 05 Sep 2012 09:25 AM PDT The World Bank on Wednesday named Kaushik Basu, a Cornell University professor and former Indian official, as the institution's new chief economist and senior vice president. 
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