India

India News

  • Yen Slips as Amari Backtracks While Europe Shares Decline

    Updated 8 minutes ago

    The yen weakened against the dollar after Japan’s economy minister backed away from comments that drove the currency to its biggest gain in three weeks. European stocks fell while U.S. equity-index futures were little changed.

  • Indonesia’s Basri Sees Fuel Subsidies, Infrastructure as Key

    Updated 23 minutes ago

    Indonesia’s new Finance Minister Chatib Basri said cutting fuel subsidies and building more infrastructure will be his two main priorities.

  • Gold Declines in London as U.S. Stimulus Outlook Curbs Demand

    Updated 38 minutes ago

    Gold declined, following its biggest jump in more than 10 months, as speculation the U.S. Federal Reserve may taper its bond-buying plan curbed demand for the metal as a protection of wealth.

  • Palm Oil Seen Dropping by Mistry as Output, Stockpiles Climb

    Updated 3 minutes ago

    Palm oil may decline about 15 percent as output increases in Indonesia and Malaysia, rebuilding stockpiles in the world’s two largest producers, according to Dorab Mistry, director at Godrej International Ltd.

  • India’s BSE and NSE Equity Derivative Market Activity

    Updated 2 hours, 10 minutes ago

    Following are the highlights for the equity derivative market activity at the National Stock Exchange and the Bombay Stock Exchange. ---------------------------------------------------------------------------- Futures & Options Units 20-May-13 17-May-13 % Change ---------------------------------------------------------------------------- F&O Traded Contracts INDRTOCO Qty 4271525.0 3944995.0 8.28 Turnover INDRTOTU Rs Bn 1320.8 1216.6 8.57 OI Contracts INDRTOOI Qty 5538290.0 5572753.0 -0.62 OI Value INDRTOOV Rs Bn 1677.8 1692.6 -0.87

  • Adaro Energy Chief Says Coal at $100 a Ton Is New Normal

    Updated 2 hours, 27 minutes ago

    PT Adaro Energy, Indonesia’s second- biggest producer of power-station coal, said miners will have to adjust to prices of about $100 a metric ton, which is half a peak reached in 2008.

  • GS Yuasa Gains After United Restarts 787 Flights: Tokyo Mover

    Updated 33 minutes ago

    GS Yuasa Corp., the maker of lithium- ion batteries for Boeing Co.’s 787 Dreamliner, rose by the most in more than four years after United Airlines, the only U.S. operator of the plane, resumed flights yesterday.

  • India Rupee Snaps 3-Day Loss on Inflows After Inflation Slows

    India’s rupee snapped a three-day decline after foreign investors pumped money into the nation’s assets as inflation eased to a 41-month low.

  • Birla Said to Profit From Rival’s Copper Woes: Corporate India

    Updated 31 minutes ago

    Hindalco Industries Ltd., India’s second-largest copper producer, is benefiting from the shortage in the market caused by the closing of its bigger rival’s smelter, said two people familiar with the situation.

  • India’s Bond Yield Declines to 2009 Low on Rate-Cut Speculation

    Indian bonds rose, pushing the 10- year yield to the lowest level since 2009, on speculation easing inflation will make room for the central bank to add to this year’s three interest-rate reductions.

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