economic front

US stocks drop on economic, euro concerns


July 10th, 2012 - 1:31 am ICT by IANS
New York, July 9 (IANS) US stocks opened lower Monday as disappointing Asian data raised more economic concerns, Xinhua reported.On economic front, Japan's core machinery orders dropped worse-than-expected 14.8 percent ... Read more...

Posted in Business |

US stocks mixed amid disappointing data (Lead)


July 6th, 2012 - 10:19 am ICT by IANS
New York, July 6 (IANS) US stocks ended mixed Thursday amid disappointing economic data and investors' concerns over the economy.A round of mixed economic data released Thursday together with actions ... Read more...

Posted in Business |

Wall Street rises on monetary easing hopes


June 20th, 2012 - 7:57 am ICT by IANS
New York, June 20 (IANS) US stocks closed higher Tuesday as investors' expectations of further monetary easing policy by the Federal Reserve boosted the market, while positive news from Europe ... Read more...

Posted in Business |

US stocks mixed on disappointing data


June 13th, 2012 - 10:51 pm ICT by IANS
New York, June 13 (IANS) US stocks opened mixed Wednesday on negative data, although more and more investors believe that a new round of quantitative easing will come.On the economic ... Read more...

Posted in Business |

Maoism is a major problem, says PM (Lead)


May 22nd, 2012 - 9:56 pm ICT by IANS
New Delhi, May 22 (IANS) Speaking on the third anniversary of the UPA-II government, Prime Minister Manmohan Singh Tuesday listed his government's achievements but said Maoism remained "a major ... Read more...

Posted in Politics |

Sluggish growth, inflation mar UPA-2 party


May 22nd, 2012 - 5:11 pm ICT by IANS
New Delhi, May 22 (IANS) Prime Minister Manmohan Singh's United Progressive Alliance (UPA) government, which completed three years of its second term Tuesday, has little to cheer on the ... Read more...

Posted in Business |

US stocks close mixed


March 31st, 2012 - 3:57 am ICT by IANS
New York, March 31 (IANS) US stocks Friday closed mixed at the end of a strong first quarter, as investors weighed the latest development in the eurozone and conflicting US ... Read more...

Posted in Business |

Oil prices slide


March 30th, 2012 - 5:06 am ICT by IANS
New York, March 30 (IANS) Crude oil prices plunged Thursday amid rising expectations that the US and Europe will release strategic reserves.Following the US and Britain, France said Wednesday that ... Read more...

Posted in Business |

US stocks rally after Bernanke’s remarks


March 27th, 2012 - 3:35 am ICT by IANS
New York, March 27 (IANS) US stocks rallied Monday after the Federal Reserve Chairman Ben Bernanke said the central bank will bolster the economy despite signs of stronger recovery.During a ... Read more...

Posted in Business |

US stocks drop on Greece worries


February 11th, 2012 - 4:01 am ICT by IANS
New York, Feb 11 (IANS) US stocks dropped Friday as Greece's crucial international bailout was put on hold by eurozone finance ministers.Eurozone finance ministers said Greece had to save an ... Read more...

Posted in Uncategorized |

US stocks edge higher amid Greek hope (Lead)


February 10th, 2012 - 6:56 am ICT by IANS
New York, Feb 10 (IANS) US stocks edged higher Thursday amid Greek's long-awaited austerity deal and better-than-expected jobless claims.Greek political leaders Thursday reached a deal over austerity measures in order ... Read more...

Posted in Business |

US stocks slightly lower in thin trading


January 27th, 2012 - 3:53 am ICT by IANS
New York, Jan 27 (IANS) US stocks were slightly lower in thin trading Thursday amid earning reports, economic data and the Federal Reserve's decision to keep low interest rate, Xinhua ... Read more...

Posted in Business |

AIADMK is BJP’s natural ally: Advani


January 15th, 2012 - 12:36 am ICT by IANS
Chennai, Jan 14 (IANS) Senior Bharatiya Janata Party leaders, L.K.Advani Saturday tried to woo Tamil Nadu's ruling AIADMK, terming it a "natural ally".Speaking at the 42nd anniversary function of ... Read more...

Posted in Politics |

Sensex rises 305 points during week (Weekly market review)


January 14th, 2012 - 3:25 pm ICT by IANS
Mumbai, Jan 8 (IANS) Indian equities markets rose during the week with a benchmark index gaining 305 points. Latest data showed industrial output soared in November while food inflation ... Read more...

Posted in Business |

Wall Street mixed amid European concern (Lead)


January 12th, 2012 - 7:00 am ICT by IANS
New York, Jan 12 (IANS) US stocks closed mixed Wednesday as concerns about the European debt crisis kept pressuring the market, but upbeat US economic situation came as a relief.The ... Read more...

Posted in Business |

Sensex nudges up as traders take a breather after Tuesday rally


January 11th, 2012 - 1:29 pm ICT by IANS
Mumbai, Jan 11 (IANS) Indian equities markets were ruling quiet Wednesday after the previous session's rally as traders awaited further news on the economic front and dull cues from ... Read more...

Posted in Business |

Wall Street edges higher ahead of new season (Lead)


January 10th, 2012 - 7:35 am ICT by IANS
New York, Jan 10 (IANS) US stocks edged moderately higher Monday as investors awaited the beginning of a new earnings season, Xinhua reported.As of Monday's close, the Dow Jones industrial ... Read more...

Posted in Uncategorized |

US stocks moderately higher ahead of earnings


January 10th, 2012 - 6:17 am ICT by IANS
New York, Jan 10 (IANS) US stocks ended moderately higher Monday as investors awaited the beginning of a new earnings season, Xinhua reported.Analysts expected that US corporate earnings will be ... Read more...

Posted in Business |

US stocks stay low for straight day


December 15th, 2011 - 9:02 am ICT by IANS
New York, Dec 15 (IANS) US stocks ended lower for the third straight day Wednesday amid euro zone concerns and data, Xinhua reported.On economic front, the US labor department said ... Read more...

Posted in Business |

Wall Street ends mixed despite EU optimism


November 30th, 2011 - 5:50 am ICT by IANS
New York, Nov 30 (IANS) The US stocks ended mixed Tuesday despite optimism over euro zone meetings and better-than-expected Italian bond auction, Xinhua reported.Tuesday's move came after Monday's rally, in ... Read more...

Posted in Business |

Economist PM has lost to crony capitalism: BJP


September 30th, 2011 - 10:03 pm ICT by IANS
New Delhi, Sep 30 (IANS) Calling the United Progressive Alliance (UPA) government a failure on the economic front, Bharatiya Janata Party leader Arun Jaitley Friday said Prime Minister Manmohan ... Read more...

Posted in Politics |

US stocks open higher


September 1st, 2011 - 2:42 am ICT by IANS
New York, Sep 1 (IANS) US stocks opened higher Wednesday as investors expected that the federal reserve will provide more stimulus efforts in the future, Xinhua reported.The central bank's opinions ... Read more...

Posted in Business |

Wall Street rises sharply


August 30th, 2011 - 4:54 am ICT by IANS
New York, Aug 30 (IANS) The Wall Street surged Monday as hurricane Irene was not as bad as previously estimated, with Dows jumping over 250 points and Nasdaq increasing over ... Read more...

Posted in Business |

Cabinet reshuffle - a damp squib? (News Analysis)


July 12th, 2011 - 9:50 pm ICT by IANS
New Delhi, July 12 (IANS) The much anticipated cabinet reshuffle in the end stood out for what did not happen rather than the big-ticket changes that many thought Prime ... Read more...

Posted in Politics |

Probe Chidambaram’s role in 2G scam: BJP


July 2nd, 2011 - 8:32 pm ICT by IANS
Shimla, July 2 (IANS) The Central Bureau of Investigation (CBI) should probe the role of union Home Minister P. Chidambaram in the allotment of 2G telecom spectrum, Bharatiya Janata ... Read more...

Posted in Uncategorized |

Inflationary conditions out of my control: PM


June 29th, 2011 - 5:22 pm ICT by IANS
New Delhi, June 29 (IANS) Prime Minister Manmohan Singh Wednesday told editors that international economic and political conditions that were "out of his control" had led to high inflation ... Read more...

Posted in Politics |

Left regime suppressed democratic rights, says Narayanan


June 13th, 2011 - 8:15 pm ICT by IANS
Kolkata, June 13 (IANS) West Bengal Governor M.K. Narayanan Monday accused the erstwhile Left Front regime of suppressing democratic rights and freedom of the people and said the new government ... Read more...

Posted in Uncategorized |

Rajnath slams UPA over price rise, corruption


June 13th, 2011 - 3:38 pm ICT by IANS
Bhubaneswar, June 13 (IANS) Bharatiya Janata Party (BJP) leader Rajnath Singh Monday criticised the United Progressive Alliance (UPA) government for "its failure to tackle" the issues of price ... Read more...

Posted in Uncategorized |

Economy dampener in Obama’s campaign cruise


June 5th, 2011 - 2:46 pm ICT by IANS
Washington, June 5 (IANS) US President Barack Obama seemed to be cruising along on the road to renewing his lease on the White House in 2012 before a bump ... Read more...

Posted in Business |

12th Five Year Plan tells about China’s future development: Envoy


April 30th, 2011 - 5:36 pm ICT by ANI
Ottawa, April 30 (ANI): Chinese Ambassador to Canada Zhang Junsai has said that China's 12th Five Year Plan tells people about the orientation of the country's future development.In an event held by ... Read more...

Posted in World |

US stocks rebound on positive economic data


March 18th, 2011 - 4:47 am ICT by IANS
New York, March 18 (IANS) US stocks rebounded Thursday on positive economic reports, a day after the Standard & Poor's 500 Index and the Nasdaq erased most of gains in ... Read more...

Posted in Business |

PM asks Kerala to make better use of central schemes


February 11th, 2011 - 9:06 pm ICT by IANS
Thiruvananthapuram, Feb 11 (IANS) Ahead of upcoming assembly elections in Kerala, Prime Minister Manmohan Singh Friday launched an attack on the state's ruling Left Democratic Front, saying it was not using ... Read more...

Posted in Business |

Manmohan Singh a failure on economic front, says BJP


January 18th, 2011 - 2:32 pm ICT by IANS
Bhubaneswar, Jan 18 (IANS) Prime Minister Manmohan Singh and his "poor economic policy" were responsible for the skyrocketing prices of essential commodities, Bharatiya Janata Party (BJP) president Nitin Gadkari said here ... Read more...

Posted in Politics |

Economic advisor sees silver lining in new WPI


September 17th, 2010 - 9:27 pm ICT by IANS
New Delhi, Sep 17 (IANS) The government's Chief Economic Advisor Kaushik Basu Friday saw a silver lining in the new benchmark Wholesale Price Index (WPI). He pointed out that the new WPI, though ... Read more...

Posted in Business |

India very important for Britain’s future, says Cameron


July 28th, 2010 - 6:51 pm ICT by IANS
Bangalore, July 28 (IANS) British Prime Minister David Cameron Wednesday declared that India was very important for his country's future, especially on the economic front. "India has become very important for our ... Read more...

Posted in Business |

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