Asia markets pare gains after China economic data MarketWatch F) gave up 1.6% in Mumbai trading. Chinese commodity stocks were also hurt, with Aluminum Corp
Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
Although the market did not react negatively to the unsuccessful attempt by RIL to acquire LyondellBasell, the key challenge for the RIL would be how to drive the next phase of growth.
Non-banking Finance Companies (NBFCs) have got the attention of the Street, after the budget announcement relating to possible banking licences to this set of players in the financial sector.
Franklin says the country offers better returns opportunity than China, given its growth outlook and corporate earnings.
Strong China trade data point to rise in yuanChinese exports and imports grew faster than expected in February, underlining China’s momentum. Markets: Top gainers, losers and recommendations
At a time when India is still in planning stage to bring in high speed rail, China has embarked upon an ambitious plan to take its HSR length to 28,000 km, two- fold of the total global network.
‘India won’t pose Arunachal projects to WB’Finmin clarifies that India has not made any commitment to World Bank that it would not pose any Arunachal-specific projects. India succumbs to China on Arunachal
India’s executive director, Pulok Chatterjee, conveyed to the World Bank that India would not pose any Arunachal-specific project for financing.
Noted industrialist G P Birla has died at his residence here.