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Tuesday, 8 July 2014

The session will begin on July 7 and conclude on August 14. Price rise, rail fair hike, women safety and communal harmony are the major issues likely to dominate the Budget Session.

  • Rupee down 13 paise against dollar in early trade
    Mumbai: Rupee lost 13 paise to 59.85 against the US dollar in early trade at the Interbank Foreign Exchange market due to demand for the US currency from importers.

  •     Volkswagen to build two new plants in China
    Beijing: German carmaker Volkswagen will build two new vehicle plants in China as it invests USD 2.7 billion along with its partner, it announced today during a visit by Chancellor Angela Merkel.

  •     Hero commences construction of USD 70-mn
    New Delhi: Country''s largest two-wheeler maker Hero MotoCorp has commenced setting up of its USD 70 million (around Rs 420 crore) manufacturing facility in Colombia, as part of its plans to expand its global footprint to as many as 50 countries by 2020.

  •     Dubai to stage Intl Textile Show in November
    Dubai: Dubai will hold its debut International Textile Show in November, targeting designers and manufacturers from countries like India, Pakistan and Bangladesh.

  •     Reliance Infra appoints M S Mehta as CEO
    New Delhi: Reliance Infrastructure, part of Anil Ambani-led Reliance Group today appointed M S Mehta as the Chief Executive Officer (CEO) of the company.

  •     Amend if you want your stamp on Cos Act: Pilot to new govt
    New Delhi: Amid rising clamour for changes in the new companies law, former Corporate Affairs Minister Sachin Pilot has said that the new government is entitled to make revisions to put its own "stamp", but it would be wrong to say that stakeholders were not consulted for the Act.

  •     Stan Chartered to invest 500-cr in Sterlite Power
    Mumbai: Power transmission solutions provider, Sterlite Technologies has entered into an agreement to raise Rs 500 crore through equity infusion from Standard Chartered Private Equity for funding its existing as well as new projects, the company said today.

  •     Tur, urad and moong dal prices rise
    Chennai: The prices of tur dal, urad dal and moong dal move up while rest of the commodities remained unaltered in the wholesale foodgrains market here today.

  •     Adani's multi-billion dollar project awaiting final nod
    Melbourne: The proposed AUD 16.5 billion mine and rail project of Indian mining major Adani Mining Pty Ltd in Queensland is awaiting the final nod from federal environment minister Greg Hunt and is expected to be taken by August 1st this year.

  •     India's mfg, services growth outpaced China: HSBC
    New Delhi: Manufacturing and services sectors in India expanded at a faster pace than China during June while emerging market output registered the strongest upturn in business activity since March quarter of 2013, an HSBC survey said today.

  •     Crude palm oil futures rise 0.21% as demand picks up
    New Delhi: Crude palm oil futures traded higher by 0.21 per cent to Rs 627.10 per 10 kg today as speculators created fresh positions on rising spot demand.

  •     Mentha oil gains 0.53% on rising spot demand
    New Delhi: Mentha oil prices edged higher by 0.53 per cent to Rs 678.40 per kg in futures trade today after speculators created fresh positions amid tight supplies against rising demand in the spot market.

  •     Zinc futures down 0.26% on weak overseas trend
    New Delhi: Zinc futures fell by 0.26 per cent today as participants reduced exposures on a weak trend in base metals in the global market and subdued spot demand.

  •     Cardamom futures rise 0.93 pc strong demand
    New Delhi: Cardamom prices were up by 0.93 per cent to Rs 941.40 per kg in futures trading today as speculators enlarged positions, driven by strong demand in the spot market.

  •     Nickel futures weaken on global cues
    New Delhi: Nickel prices fell by 0.26 per cent to Rs 1,161.50 per kg in futures trade today as participants reduced their exposures amid a weak trend overseas.

  •     Copper futures decline on global cues, subdued demand
    New Delhi: Copper prices fell by 0.41 per cent to Rs 433.30 per kg in futures trade today on speculators reducing positions amid weak global cues and subdued domestic demand.

  •     Silver futures down 0.30 per cent on global trend
    New Delhi: Silver prices moved down by 0.30 per cent to Rs 44,911 per kg in futures trade today as speculators partially offloaded positions amid a weak global trend.

  •     Liquidity Adjustment Facility: Auction results
    Mumbai: The results of the Reserve Bank of

  •     Gold futures fall on weak global cues
    New Delhi: Gold prices fell by 0.21 per cent to Rs 27,499 per 10 grams in futures trade today as speculators trimmed positions amid a weak trend overseas.

  •     Rupee down 13 paise against dollar in early trade
    Mumbai: Rupee lost 13 paise to 59.85 against the US dollar in early trade at the Interbank Foreign Exchange market due to demand for the US currency from importers.
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