India has one of the lowest valuations relative to its growth — the third-smallest among 13 emerging markets. With both its price-earnings multiple and growth in the mid-teens, its PEG (price-earnings to growth) ratio of 1 is higher than only Taiwan (0.9) and Korea (0.7). Those more ex…

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Industry propels growth; trade, hotels, etc, prove a dampener For the quarter ended June this year, India’s economy grew at a nine-quarter high of 5.7 per cent, compared with 4.6 per cent in the previous quarter, driven largely by industry, even as the biggest segment of the services s…

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Stock markets to remain closed on Friday (29-08-14) on account of Ganesh Chaturthi …

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Markets to remain closed on Friday (15-08-14) on account of Independence day. …

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IIP expands at a slower rate than May; retail inflation at 7.97% A full-blown revival in the country’s industrial activity might be a protracted process, even as a nascent recovery is on, the Index of Industrial Production (IIP) estimates for June suggested on Tuesday. Though the i…

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Sebi Chairman U K Sinha said Finance Minister also discussed implementation of Union Budget announcements related to markets Pitching for greater transparency in rule-making and other functions of regulators, Finance Minister Arun Jaitley today asked Sebi to be vigilant about possible vi…

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Washington: President Barack Obama announced on Thursday night that he had authorised the US military to launch targeted airstrikes if needed to protect Americans from Islamic militants in northern Iraq, threatening to revive US military involvement in the country’s long sectarian w…

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By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expecte…

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Citi, Deutsche downgrade the stock Engineering major Larsen & Toubro’s (L&T’s) share price fell the most in a year on brokerage downgrades after the company’s dismal first quarter numbers. Shares of the company fell 7.32 per cent to Rs 1,542, a two-month low. Citigroup d…

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Markets to remain closed on Tuesday (29-07-14) on account of Ramzam ID. …

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