Asian stocks, gold slide on stimulus end prospects# SINGAPORE (Reuters) - Asian shares and gold retreated on Wednesday and bond yields were near two-week highs after markets were rattled by a report flagging the possible withdrawal of global stimulus measures.
Expect H2 biz pickup to push up steel demand by 4-5%: JSPL# In the first 6 months of the year, steel demand grow by just 0.5 percent, and now with the end of monsoon business activity with pick pace in the second half which is likely to push up steel demand by 4-5 percent for the year, said Ravi Uppal, Chief Executive and Managing Director of JSPL.
Bond bull market may pause but is far from over: Expert# The benchmark 10-year government-security yield remained stuck in 8-7.5 percent range through all of 2015 and half of 2016, moving lower to sub-7 percent only when the RBI promised in April to reduce the system's liquidity deficit. The yield may now fall more.
Exploring options to use cash on books: Vardhman Acrylics# Vardhman Acrylics is currently exploring options like expansion into new products among others to deploy the cash on books of roughly Rs 220-250 crore but nothing has been finalised yet, says Director Sachit Jain. If no other plans materialise then the cash will be distributed, he adds.
Aiming double digit growth; see margin expansion:LG Balakrishnan# Shares of LG Balakrishnan Brothers, one of the countryâs largest automotive chains manufacturers, have gained 39 percent over the last six months. The buoyancy can be pinned to recovery in the two-wheeler industry, which contributes roughly 60-70 percent of LG Balakrishnanâs revenues.
3. Steps taken by Government to enhance popularity of Kabaddi asa sport For making Kabaddi popular, the Government has taken following initiatives / measures:
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Inclusion of Kabaddi in Khelo India Youth Games and Khelo India University Games.
(iii) 126 athletes of Kabaddi
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Akbar (1556–1605)—He was the greatest of Mughal Emperors of India, founder of the new religion ‘Din-i-Ilahi’.
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Amartya Sen Prof.—The recipient of Nobel Prize for Economics for the year 1998 Prof. Amartya Sen revolutionized world o