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India sets minimum export price for potatoes at $450/T
NEW DELHI (Reuters) - India has set a minimum export price of $450 per tonne for potatoes, a government statement said on Thursday, as part of the government's drive to boost local supplies to contain inflation.
Posted on : 2014-06-26 08:28:22
Sensex to set new records after brief post-budget correction - Reuters poll
REUTERS - The BSE Sensex will keep setting new record highs in the coming year, after a small correction in the next few months, a Reuters poll found on Thursday.
Posted on : 2014-06-26 08:11:43
Rupee in narrow band tracking shares, Iraq weighs
Reuters Market Eye - The rupee moved in a narrow band, tracking equities amid month-end importer dollar demand. The pair trading at 60.1575/60.1600 from Wednesday's close of 60.1250/1350.
Posted on : 2014-06-26 07:48:17
ITC gains on Morgan Stanley upgrade
Reuters Market Eye - Shares in ITC ltd have turned positive and are trading higher after Morgan Stanley upgraded the stock to "overweight" from "equal-weight" and increased the price target to 400 rupees from 360 rupees.
Posted on : 2014-06-26 07:22:10
Monsanto India gains on parent's bullish outlook
Reuters Market Eye - Monsanto India shares up 5 percent after earlier hitting a record high at 2,414 rupees after parent Monsanto Co , the world's largest seed company, beat quarterly forecasts, improved its near-term outlook and said it planned to double earnings over the next five years.
Posted on : 2014-06-26 06:52:50
Aban Offshore up after Macquarie's upgrade
Reuters Market Eye - Aban Offshore Ltd jumps 6.8 percent after Macquarie upgrades the stock to "outperform" from "underperform" and raises its target to 1,090 rupees from 430 rupees.
Posted on : 2014-06-26 06:41:26
Indraprastha Gas gains as government defers gas price hike
Reuters Market Eye - Shares in Indraprastha Gas Ltd rebounded after falling as much as 2 percent on hopes that the government's decision to defer a gas price hike would benefit automobile gas distributors.
Posted on : 2014-06-26 06:39:45
SEBI wants government to allow pension money in MFs
MUMBAI (Reuters) - Mmarket regulator Securities and Exchange Board of India (SEBI) has asked the government to allow domestic pension funds to invest in equities through asset management companies, when it announces the 2014/15 budget.
Posted on : 2014-06-26 06:21:46
Nikkei ekes out gains on Fed rate views; Rakuen soars
TOKYO (Reuters) - Japan's Nikkei rose marginally on Thursday, crawling back from a one-week low as weak U.S. gross domestic product data supported by views that the U.S. Federal Reserve will keep interest rates low for longer.
Posted on : 2014-06-26 06:19:09
Asian stocks, bonds gain as investors hunt for returns
SYDNEY (Reuters) - Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, prompting investors to plough funds into riskier assets in a desperate search for returns.
Posted on : 2014-06-26 06:12:45
Massive air bag recall could drive Takata into the red
TOKYO (Reuters) - Japanese auto parts maker Takata Corp could face a $500 million charge and a net loss this year - its second in three years - as a widening recall of air bag inflators begins to kindle worries despite its deep pockets.
Posted on : 2014-06-26 05:51:39
GM prepares to recall some Cruze sedans with Takata air bags
DETROIT (Reuters) - General Motors Co is preparing to recall about 33,000 Chevrolet Cruze sedans with potentially defective air bags made by troubled Japanese supplier Takata Corp , the automaker said late Wednesday.
Posted on : 2014-06-26 04:45:44
BSE Sensex edges lower; oil companies fall
Reuters Market Eye - The BSE Sensex is down 0.23 percent, while the broader Nifty is trading 0.19 percent lower. Oil and gas explorers are leading the losses, with ONGC sliding 6.2 percent and RIL falling 2.8 percent after the government deferred a decision to hike prices of locally produced gas.
Posted on : 2014-06-26 04:41:33
Gold slips as Asian stocks climb, but holds above $1,300
SINGAPORE (Reuters) - Gold slipped on Thursday as stronger equities dented the metal's safe-haven appeal and investors largely shrugged off weak U.S. economic growth numbers in favour of more recent data.
Posted on : 2014-06-26 03:57:15
Asian shares up, bonds in demand amid hunt for returns
SYDNEY (Reuters) - Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, prompting investors to plow funds into riskier assets in a desperate search for returns.
Posted on : 2014-06-26 03:55:29
Analysis - It's Asian bonds, not equities, that are too rich
SINGAPORE (Reuters) - An unusual parallel rally in Asian bonds and equities, powered for the last five years by cheap global funds, could give out soon with debt becoming a casualty of the increasing confidence in the outlook for global growth.
Posted on : 2014-06-26 03:53:36
Gas explorers slump after govt defers gas price hike
MUMBAI (Reuters) - Shares in oil and gas explorers slumped on Thursday after the government deferred a decision on Wednesday to raise prices of locally produced gas for next three months, saying the matter requires more discussion.
Posted on : 2014-06-26 03:48:40
China to introduce more forex derivatives, strengthen supervision
SHANGHAI (Reuters) - China's foreign exchange regulator said it will increase the number of foreign exchange derivate products available in the market to facilitate export growth and help companies hedge currency risk.
Posted on : 2014-06-26 01:36:59
Asian shares gain as global bond yields decline
SYDNEY (Reuters) - Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, pulling down bond yields globally and pushing investors toward riskier assets in a desperate search for returns.
Posted on : 2014-06-26 01:02:21
Gold clings to small gains on weak U.S. data, softer dollar
SINGAPORE (Reuters) - Gold held on to small overnight gains on Thursday to trade near a two-month high, supported by safe-haven bids from weak data on U.S. economic growth and a softer dollar.
Posted on : 2014-06-26 01:00:17
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