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Karth Nara

Karth Nara

BNP Paribas Decides To Shift Its Asian Equity Operations To Instinet

French bank BNP Paribas is set to outsource its equity trading operations to Instinet, the electronic brokerage, signalling a cutback in its participation in the Asian markets. BNP Paribas currently has operations in 16 Asian markets including cash equity trading

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Make In India Initiative Likely To Bring In $3 Billion From China

Top Chinese handset and component manufacturers recently met in New Delhi, India to discuss ways to leverage India’s manufacturing abilities. The talks could result in Chinese investment of close to $3 billion in India over the next two years, bolstering

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Will Oil Hit $10 per Barrel?

In an uncertain market place anything can happen, and yesterday Standard Chartered issued a predication that oil could soon fall as low as$10 per barrel, which for those of you with good memories has not happen since way back in

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PwC Report Ranks India As A “Star Performer” in 2016

A new PwC report suggests that India is expected to be a “star performer” among the emerging markets with a 7.7 percent growth in 2016 outdoing China. The global consultancy firm has predicted that China will slow down to a

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China’s Central Bank Restricts Forex Operations Of Foreign Banks

Recent reports indicate that the Chinese central bank has temporarily suspended foreign exchange operations of at least three foreign banks until end of March 2016. This measure is said to be an attempt by China’s central bank, People’s Bank of

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Indian Govt Detects Over Rs 16,000-cr In Undisclosed Income

The Indian government under the leadership of Prime Minister Narendra Modi has been on a quest since March 2014 to crack down on black money and undisclosed income. The previous Congress government had been accused of allowing corruption and money

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Billionaire Encourages Wealthy Indians To Be More Charitable

Billionaire Azim Premji is the founder of Wipro, one of the biggest IT companies in India. The Hurun India Philanthropy List named Premji as the “Most Generous Indian” of 2014, as Premji has pledged to donate more than half of

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FTSE 100 Takes a Battering

It has been a shocking few days if you are a shareholder in FSTE100 based companies, for just before the weekend the FSTE100 crashed well below the 6000 mark which saw many traders diving for cover in the run up

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SFIO Looks At 11 Companies Involved In BoB Forex Scam

The Bank of Baroda forex scam that took place at the Ashok Vihar Branch in New Delhi posed serious questions for Indian authorities as over 6,000 crore rupees in forex transactions were remitted to a number of different accounts located

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Is the Time Right for a US Interest Rate Rise?

In its strongest hint yet, the US Federal Reserve gave a very clear indication yesterday that the time is right for an increase in interest rates. There is of course several different reasons why now is a good time for

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