Year’s turnover up by a third plan being readied with BP to address KG-D6 output fall Reliance Industries on Friday reported a 21 per cent fall in its net profit to Rs 4,236 crore in the quarter ending March 2012, as compared to Rs 5,376 crore in the same quarter a year earlier, e…

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By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 rebounded from its worst week so far this year to retake a four-year high on Monday after Federal Reserve Chairman Ben Bernanke signaled supportive monetary policy will remain even though the job picture has begun to im…

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Jewellers across the country have shut their shops till Monday, to protest against the increase in customs duty and introduction of excise duty for non-branded jewellery as proposed in the 2012-13 Union Budget. Due to the three-day “bandh”, the jewellery industry is expected to lose b…

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The government has allowed the Life Insurance Corporation (LIC) to increase stake in public sector entities beyond the 10 per cent cap. The move will help the insurance behemoth to meet the investment target for the financial year and support the government’s efforts to fast-track d…

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NEW DELHI: The budget session of parliament is likely to begin from the second week of March, informed sources said Monday. The union budget for 2012-13 could be presented in the third week of March, following its postponment from the February end date in view of the state elections. Th…

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Swing call: Sell HCL Tech (FUT) at 414, Target: 404, SL 422 Swing calls are for a weeks time …

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The Exchange is upgrading the capacity of Futures and Options trading system hardware and software to the next generation system to improve processing capability and handle increased activities in the market. Existing Trading system architecture will be revamped by using a distributed pro…

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Flays department of consumer affairs and public distribution for the losses between 2006 and 2011. A Comptroller and Auditor General (CAG) report has nailed the department of consumer affairs and public distribution for causing losses of Rs 1,201 crore to state-owned agencies MMTC, STC, …

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Whenever markets correct by 200-300 points (nifty), we tend to see a bounce of 80-100 points. this could be due to short covering or value buying by investors for long term investments. In such cases traders looking to play the bounce, should buy stocks which have corrected a lot. any s…

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LONDON (Reuters) – World stocks hit a fresh 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted along with expectations Greece could soon default, accelerating a global economic slowdown. Sovereign debt insurance c…

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