Spain to trim another $80 bn with new austerity measures
July 12th, 2012 - 12:41 pm ICT by IANS
Madrid, July 12 (IANS/EFE) Spanish Prime Minister Mariano Rajoy announced Wednesday the fourth austerity package of his seven-month-old administration, a move aimed at achieving 65 billion euros ($80 billion) in ... Read more...
Posted in Business |
Oil tumbles on weak US jobs report
June 2nd, 2012 - 4:51 am ICT by IANS
New York, June 2 (IANS) Crude prices tumbled Friday as weak US jobs report for May, weak manufacturing data from China, and a spiralling euro zone debt crisis deepened worries ... Read more...
Posted in Business |
US stocks slide amid euro concerns (Lead)
May 19th, 2012 - 5:23 am ICT by IANS
New York, May 19 (IANS) US stocks failed to find any support Friday amid continuing concerns over the eurozone and a shaky Nasdaq debut of the Facebook.At market close, ... Read more...
Posted in Business |
Spain sells bonds at sharply lower yields
January 18th, 2012 - 11:46 am ICT by IANS
Madrid, Jan 18 (IANS/EFE) Spain's Treasury raised 4.9 billion euros ($6.2 billion) Tuesday from its auction of 12-month and 18-month bonds, selling the debt at sharply lower yields.The successful auction ... Read more...
Posted in Business |
Sensex closes 236 points lower on negative global cues
November 15th, 2011 - 6:54 pm ICT by IANS
Mumbai, Nov 15 (IANS) Indian equities markets closed in the red Tuesday with a benchmark index falling 236 points on negative global cues, particularly from the European bourses.
The 30-scrip ... Read more...
Posted in Business |
RBI hikes CRR; repo rates unchanged
January 29th, 2010 - 3:02 pm ICT by ANI
New Delhi, Jan 29 (ANI): The Reserve Bank of India (RBI) in its monetary policy review on Friday, hiked the Cash Reserve Ratio (CRR) by 75 basis points to 5.75 percent in ... Read more...
Posted in Business |
No exodus of Indians due to Dubai World crisis: Vayalar Ravi
November 28th, 2009 - 9:14 pm ICT by ANI
Chennai, Nov 28(ANI): Overseas Indian Affairs Minister Vayalar Ravi on Saturday said that there will be no exodus of Indians on account of Dubai World crisis in the United Arab Emirates.Addressing a ... Read more...
Posted in National |
No need to press panic button following Dubai debt spark, says Mukherjee
November 28th, 2009 - 5:56 pm ICT by ANI
Chandigarh, Nov 28 (ANI): Indian Finance Minister Pranab Mukherjee said here on Saturday that there is no need press panic button as the Dubai debt spark would have little impact on ... Read more...
Posted in National |
Indian stocks tumbles due to Dubai debt problems
November 27th, 2009 - 10:53 pm ICT by ANI
Mumbai, Nov 27 (ANI): Country's stocks tumbled on Friday with the rupee weakened and bond yields fell as Dubai's debt problems sparked concerns about corporate exposure.Country's share market is now facing the ... Read more...
Posted in Business |
RBI Governor presses for impact assessment of Dubai debt
November 27th, 2009 - 7:32 pm ICT by ANI
Hyderabad, Nov 27 (ANI): The Reserve Bank Governor D. Subbarao has said Friday that an assessment of the impact of Dubai's debt problems was needed before deciding on a response.Interacting with the ... Read more...
Posted in National |
MCX-SX currency futures turnover rises tenfold
August 1st, 2009 - 7:02 pm ICT by IANS
Kolkata, Aug 1 (IANS) The MCX Stock Exchange (MCX-SX), which started currency futures trading in October, has seen its daily turnover rising more than tenfold to Rs.3,838 crore in July, a top ... Read more...
Posted in Business |
Interest rate futures to start in August
July 25th, 2009 - 7:21 pm ICT by IANS
Kolkata, July 25 (IANS) Market regulator Securities and Exchange Board of India (SEBI) is planning to allow interest rate futures by next month, a senior official said here Saturday.
"We are currently working ... Read more...
Posted in Business |
Indian stock market surges on decisive vote result
May 18th, 2009 - 6:28 pm ICT by ANI
Mumbai, May 18 (ANI): India's main stock market is booming after the people gave a thumping mandate in favour of the Congress-led United Progressive Alliance (UPA) in the Lok Sabha polls, dispelling ... Read more...
Posted in Business |
Cabinet to discuss measures to rein in rising steel prices
April 15th, 2008 - 12:40 pm ICT by admin
New Delhi, Apr 15 (ANI): The Cabinet Committee on Prices (CCP) is expected to meet today to discuss measures to rein in rising steel prices.
Earlier on April 11, Commerce and ... Read more...
Posted in Entertainment |
Government envisages more steps to check inflation
April 11th, 2008 - 6:30 pm ICT by admin
New Delhi, Apr 11 (ANI): Commerce and Industry Minister Kamal Nath said today that the central government would take more steps to control inflation.Releasing India's foreign trade policy document here, Nath ... Read more...
Posted in National |
UK pension assets remain second to US
January 29th, 2008 - 6:35 pm ICT by admin
London, Jan.29 (ANI): The total value of pension assets managed globally rose by 14 percent in 2006 to reach a new high of 26.0 trillion dollars.
Figures in IFSL's Pension Markets report show ... Read more...
Posted in World |