Investment Archives - Page 36 of 36

Gold Hits 13-month Top On Firm Euro As ECB Signals Rate Cut End

March 11, 2016 Srijita13-month, As, Cut, ECB, End, Euro, Firm, Gold, Hits, On, Rate, Signals, Top

Manila: Gold climbed to a 13-month high on Friday before pulling back slightly, as the euro hovered near a three-week peak against the dollar after the European Central Bank signalled it was done reducing interest rates for now. After rolling out bold measures to boost the euro zone economies, including increased asset buying and a deeper cut to deposit rates, ECB President Mario Draghi on Thursday signalled there would be no further rate cuts. Spot gold rose as far as $1,282.51 an ounce, its strongest since Feb. 3, 2015, and…

Vitara Brezza’s Pricing Could Catapult Maruti In SUV League

March 11, 2016 SrijitaBrezza's, Catapult, Could, In, League, Maruti, Pricing, SUV, Vitara

Maruti is counting on the success of Brezza to make it a dominant player in the utility-vehicle space Maruti Suzuki, which launched its all-new Vitara Brezza model on Tuesday, will benefit from the compact SUV’s aggressive pricing, says Ambit Capital Research. “Brezza has been launched at a starting price of Rs. 6.99 lakh (for the base LDi model). This is around 15 per cent cheaper than the entry-level model of EcoSport and close to 4 per cent cheaper than the entry-level TUV300 model,” the brokerage said. Ambit estimates the Vitara…