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Asian markets are trading higher on Friday. Nikkei 225 and Shanghai Composite trading up by 1%. Hang Seng gained 0.92%.
The indices are set to open on a positive note. Asian markets are
trading higher on Friday. Nikkei 225 and Shanghai Composite trading up
by 1%. Hang Seng gained 0.92%.
On the economy front, India's current account deficit narrowed to $0.30 billion, which is 0.1% of GDP in the Q4FY16 against $7.1 billion, 1.3% of GDP in Q3FY16.
The S&P and the Dow closed lower for the sixth day. Dow Jones was down 117.50 points, or 0.66%, while S&P 500 was down 14.25 points, or 0.68%. The Nasdaq Composite was up 9.99 points, or 0.21%. Global stocks have been under duress for a week amid looming uncertainty about the British vote and a focus on central bank policy.
Export of pharmaceutical products from India is likely to cross $14bn mark this year and may reach about $20 bn by 2020, thereby registering a compounded annual growth rate (CAGR) of about eight per cent, according to an ASSOCHAM-TechSci Research joint study.
The Union Minister for Power, Coal and Renewable Energy Piyush Goyal has said that his Ministry is committed to ensuring that every household is electrified and all farmers in the country get adequate and timely power in the country.
Sugar stocks in focus: Government imposed 20% customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.
Godrej Consumer Products: The company is scouting for acquisitions in Indonesia and has shared ‘a wish list of assets’ with various investment bankers as part of its inorganic growth strategy in the South East Asian nation, says report.
McNally Bharat: CCI has approved the proposed amalgamation of McNally Bharat, its subsidiary McNally Sayaji Engineering and EMC Ltd with Kilburn Engineering, says report.
On the economy front, India's current account deficit narrowed to $0.30 billion, which is 0.1% of GDP in the Q4FY16 against $7.1 billion, 1.3% of GDP in Q3FY16.
The S&P and the Dow closed lower for the sixth day. Dow Jones was down 117.50 points, or 0.66%, while S&P 500 was down 14.25 points, or 0.68%. The Nasdaq Composite was up 9.99 points, or 0.21%. Global stocks have been under duress for a week amid looming uncertainty about the British vote and a focus on central bank policy.
Export of pharmaceutical products from India is likely to cross $14bn mark this year and may reach about $20 bn by 2020, thereby registering a compounded annual growth rate (CAGR) of about eight per cent, according to an ASSOCHAM-TechSci Research joint study.
The Union Minister for Power, Coal and Renewable Energy Piyush Goyal has said that his Ministry is committed to ensuring that every household is electrified and all farmers in the country get adequate and timely power in the country.
Sugar stocks in focus: Government imposed 20% customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.
Godrej Consumer Products: The company is scouting for acquisitions in Indonesia and has shared ‘a wish list of assets’ with various investment bankers as part of its inorganic growth strategy in the South East Asian nation, says report.
McNally Bharat: CCI has approved the proposed amalgamation of McNally Bharat, its subsidiary McNally Sayaji Engineering and EMC Ltd with Kilburn Engineering, says report.
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