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NEW DELHI: India's new right-wing government under Prime Minister Narendra Modi unveiled its maiden budget Thursday, promising a new era of fiscal prudence and greater opportunities for foreign investors in key sectors of the economy.
TOKYO: Key TOCOM rubber futures were steady on Thursday, holding near a three-week high after rising for three out of the previous four sessions, as firm oil prices supported prices.
PETALING JAYA: Alliance Research is projecting Malaysia’s gross domestic product (GDP) to grow by 5.2% in the second quarter of 2013, rebounding from 4.1% in the first quarter.
China shares tumbled from a two-week high on Monday, after Beijing pledged to cut off credit to industries plagued by overcapacity to force consolidation, triggering broad losses across the board.
GIVEN the stimulus measures of the Bank of Japan went unopposed at the G-20 meeting, investors took the opportunity to sell the currency taking the US dollar/yen pair but it failed to break the psychological 100 mark on the back of Dish outbidding Softbank's bid and the extreme dump resulting from the Boston terror attack.
Bina Puri, CMMT and Time dotCom are among the companies which could see trading interest on Friday following the recent corporate developments.