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Take A Good Look For Today's Undervalued And Overvalued Sector

Todays update on undervalued and overvalued sectors.

Here is the latest update regarding the market fair. The most overvalued and undervalued sectors that we have.

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Indian Core Sector Records 5% Growth Since September

Core Sector Records 5% Growth Since September

For the month of September, Indian core sectors showed up a reamrkable increase of 5%.

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Aerial Views Of Tata Steel Plant In Port Talbot

Greybull Capital Acquires Tata Steel, Revives British Steel, Saves Jobs

The acquisition of Greybull Capital of Tata Steel's UK long product business will save thousands of jobs and was accepted by the steelworkers after two years of uncertainty.

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Opening Day Of The World Economic Forum (WEF) 2016

ArcelorMittal to sell 3 of its US steel operations

Billionaire Lakshmi Mittal-controlled ArcelorMittal is selling three of its US steel operations to Black Diamond Capital Management. As part of the sale deal, ArcelorMittal will offload three units at LaPlace in Louisiana, Harriman in Tennessee and El Paso in Texas. Both companies denied to provide terms of the deal.

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General Images of Cotton Harvesting

India's NCDEX imposes spl margins on Kapas

India's National Commodities and Derivatives Exchange (NCDEX) has imposed special margins in Kapas contracts. Kapas prices fell over seven percent during the past fortnight. NCDEX has taken the decision to check further fall in Kapas contracts.

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Images Of Gold Sales In Zaveri Bazaar As Gold Demand Set To Fall

Gold below $1,250/oz on profit booking

Profit booking pulled yellow metal on Monday below psychological mark-$1,250 an ounce. Gold price fell for four weeks in the past five weeks.

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India's Emerging Middle Class

India's New Jewelry Tax Poses Major Threat To Gold Market, Sparks Protest From Jewellers

India’s gold market is threatened as the government revealed a new jewelry tax regulation, requiring a 1 percent sales tax on gold jewelry. Import taxes has not been changed, even though jewellers have expected the government to eliminate the 10 percent import duty.

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A pipe leads to a processing facility at Barrick Gold Corp.'

Barrick Gold is Facing a $9.3 Million Fine Over Cyanide Spill in Argentina Last Year

Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.

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Investing In African Mining Indaba

South Africa's Manufacturing and Mining Output Contract, Slow Down Economy Even More

South Africa's output in the manufacturing and mining sector might not be a good sign to start the year right. More mining sites stopped their operations creating illegal mining. The president should do something as investors are skeptical on how he handles the country's economic situation.

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Illegal Gold Mining

South Africa's Deteriorating Gold Industry and Economy

South Africa's gold industry is degenerating along with its economy. With the shut down of many gold mines, many workers are laid off leaving them no jobs and no food. This forces them to mine illegally and make their lives in jeopardy.

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Russian Prime Minister Dmitry Medvedev Visits China

China aims 7% economic growth in 2016

China is targeting seven percent gross domestic product (GDP) growth rate for 2016. The Chinese government is keen on real growth prospects over restructuring exercise this year, while avoiding inflating debt or asset bubbles.

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Controversial Marange Diamond Fields, Chiadzwa, Zimbabwe

Zimbabwe Government Robbed of Wealth, Takes Control of Diamond Mining Fields

The Zimbabwe government will now take control all of the mining fields in the country as the state is being robbed of its wealth. Billions of dollars have been stolen from the nation's treasure chest because of smuggling and swinding according to President Mugabe.

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Workers Sacked After Toy Factories Shutdown In South China Amid Global Financial Crisis

China to lay off 6 million state workers

China has decided to layoff millions of workers from 'zombie enterprises' in the next two to three years. For relocating retrenched workers, the government will spend Yuan 100 billion ($15.27 billion). China's economy is suffering from industrial overcapacity and pollution levels.

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Startup Entrepreneurs At Jerusalem Venture Partners Tech Hub

Israeli investment firms get $665 million in 2016

Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed with the recent market crash, the funds inflows continue for Israel startups.

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CHINA-ECONOMY-STOCKS-MARKET

New policies unveiled to push China's economy

China has unveiled a series of new initiatives to push its economy growth rate. The government is keen on meeting the increasing demand in small and medium-sized homes. Another set of new rules for accelerating reforms at state-owned enterprises will be announced soon.

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