volatility

Sensex trades flat, auto, banking stocks down (Lead)


August 13th, 2012 - 5:45 pm ICT by IANS
Mumbai, Aug 13 (IANS) A benchmark index of Indian equities markets was trading flat late afternoon Monday amid high volatility. Auto, banking and FMCG stocks came under intense selling.The ... Read more...

Posted in Business |

China’s largest gold miner posts gloomy results


August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...

Posted in Business |

Mexico’s central bank sells $281 mn to ease volatility


July 25th, 2012 - 11:57 am ICT by IANS
Mexico City, July 25 (IANS/EFE) The Banco de Mexico said it auctioned off $281 million on the domestic market to reduce volatility in the exchange rate of the peso, which ... Read more...

Posted in Business |

South Korea’s corporate direct financing drops


July 24th, 2012 - 1:47 pm ICT by IANS
Seoul, July 24 (IANS) South Korean companies' direct financing through issuing stocks and bonds dropped 10.2 percent in the first half of this year due to Europe's fiscal crisis and ... Read more...

Posted in Business |

Infosys fears euro could collapse


July 12th, 2012 - 5:28 pm ICT by IANS
Bangalore, July 12 (IANS) India's IT bellwether Infosys fears that the euro could collapse due to the sovereign debt crisis in Greece and Italy and the banking crisis in Spain."We ... Read more...

Posted in Business |

Bharti Airtel gets EuroFinance Treasury award


July 8th, 2012 - 7:23 pm ICT by IANS
New Delhi, July 8 (IANS) India's largest telecom service provider, Bharti Airtel, Sunday said it has won the EuroFinance Treasury award for innovation and speed in integrating its treasury works ... Read more...

Posted in Business |

India Inc has to live with dollar at Rs.50: Kaushik Basu


July 7th, 2012 - 7:58 pm ICT by IANS
Kolkata, July 7 (IANS) India Inc is suffering from sharp rupee depreciation against the US dollar, but should be "realistic" about the Indian currency's fall and learn to live with ... Read more...

Posted in Business |

Rupee ends at 57.12 after slipping to 57.33 against a dollar (Lead)


June 22nd, 2012 - 7:11 pm ICT by IANS
Mumbai, June 22 (IANS) The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 to a dollar for ... Read more...

Posted in Business |

Rupee in free fall, slips below 57 against dollar


June 22nd, 2012 - 2:37 pm ICT by IANS
Mumbai, June 22 (IANS) The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 against a dollar for ... Read more...

Posted in Business |

Rupee slumps to record low of 56.57 against dollar (Lead)


June 21st, 2012 - 4:12 pm ICT by IANS
Mumbai, June 21 (IANS) The Indian rupee slumped to a record low of 56.57 against a dollar Thursday due to increased demand for the American currency by oil importers and ... Read more...

Posted in Business |

Rupee will stabilise in around current range: Anand Sharma


June 5th, 2012 - 5:27 pm ICT by IANS
New Delhi, June 5 (IANS) The Indian rupee, which hit a record low of 56.52 against the dollar last week, is likely to stabilise soon at around the current range, ... Read more...

Posted in Business |

Rupee gains for second day as RBI intervenes


May 25th, 2012 - 7:31 pm ICT by IANS
Mumbai/New Delhi, May 25 (IANS) The Indian rupee strengthened for the second day Friday after hitting a record low of 56.40 against a dollar early this week as the ... Read more...

Posted in Business |

Government planning centre for good governance: Cabinet secretary


May 20th, 2012 - 5:59 pm ICT by IANS
New Delhi, May 20 (IANS) The government is thinking of setting up a centre for good governance to get focused feedback for improving delivery of its programmes, Cabinet Secretary Ajit ... Read more...

Posted in Politics |

RBI to defend rupee from falling further (Lead)


May 18th, 2012 - 8:53 pm ICT by IANS
Mumbai/Kolkata, May 18 (IANS) The rupee recovered after falling to its third straight daily record low against dollar Friday and the Reserve Bank of India (RBI) promised more intervention to ... Read more...

Posted in Uncategorized |

Usha Martin Q4 net dips almost 60 percent


May 10th, 2012 - 8:49 pm ICT by IANS
Kolkata, May 10 (IANS) Leading wire rope and specialty steel manufacturer Usha Martin Ltd Thursday reported a 58.75 percent dip in its consolidated net profit to Rs.14.91 crore for the ... Read more...

Posted in Uncategorized |

India’s financial system still strong, says RBI deputy governor


April 26th, 2012 - 4:53 pm ICT by IANS
Hyderabad, April 26 (IANS) India's financial system was strong and there was nothing to worry about, Reserve Bank of India (RBI) Deputy Governor K.C. Chakrabarthy said Thursday after Standard & ... Read more...

Posted in Uncategorized |

Sri Lanka’s bourse relaxes rule


April 20th, 2012 - 2:08 pm ICT by IANS
Colombo, April 20 (IANS) Sri Lanka's stock market opened on a positive note Friday after the removal of the 10 percent price band by the Securities and Exchange Commission (SEC), ... Read more...

Posted in South Asia |

Sri Lankan economy registers record growth


April 6th, 2012 - 3:48 pm ICT by IANS
Colombo, April 6 (IANS) The Sri Lankan economy recorded its highest post-independence growth of 8.3 percent last year beating the previous record of 8 percent in 2010, the Central Bank ... Read more...

Posted in Business |

Sensex in red in afternoon trade, consumer durables slip


March 28th, 2012 - 2:59 pm ICT by IANS
Mumbai, March 28 (IANS) A benchmark index for Indian equities was ruling in the negative in afternoon trade Wednesday amid range-bound volatility. Consumer durables, realty and banking stocks were ... Read more...

Posted in Uncategorized |

Sensex snaps out of three-day losing streak (Lead)


March 20th, 2012 - 5:17 pm ICT by IANS
Mumbai, March 20 (IANS) A benchmark index for Indian markets Tuesday closed, amid high volatility, on a lacklustre note, snapping a three-day losing streak.The 30-scrip sensitive index (Sensex) of ... Read more...

Posted in Business |

Japan’s key machinery orders go up


March 12th, 2012 - 1:49 pm ICT by IANS
Tokyo, March 12 (IANS) Japan's key machinery orders climbed 3.4 percent in January, marking the first increase in two months, government data showed Monday.The orders of private-sector machinery, which exclude ... Read more...

Posted in Business |

Sensex closes 64 points up (Lead)


March 2nd, 2012 - 5:14 pm ICT by IANS
Mumbai, March 2 (IANS) A benchmark index for Indian markets Friday closed lacklustre amid volatility. Realty stocks were the biggest losers as traders continued to book profits across the ... Read more...

Posted in Business |

Sensex closes 88 points lower in see-saw trade (Lead)


February 23rd, 2012 - 5:07 pm ICT by IANS
Mumbai, Feb 23 (IANS) A benchmark index for Indian markets Thursday provisionally closed 88 points lower amid volatility that saw the index fluctuating wildly. This is the second consecutive ... Read more...

Posted in Business |

Sensex closes flat amid volatility (Second Lead)


January 6th, 2012 - 5:15 pm ICT by IANS
Mumbai, Jan 6 (IANS) A benchmark index for Indian equities Friday closed flat, having pared its intra-day losses. Trading was volatile amid negative cues from other Asian bourses.The 30-scrip ... Read more...

Posted in Business |

Latin American economy to grow 3.7 percent in 2012: UN panel


December 22nd, 2011 - 12:10 pm ICT by IANS
Santiago, Dec 22 (IANS/EFE) Latin American and Caribbean nations will enjoy growth of 3.7 percent in 2012 after expanding 4.3 percent this year, the UN Economic Commission for Latin America ... Read more...

Posted in Uncategorized |

Titan to double market share in jewellery business in 5 years


December 15th, 2011 - 5:44 pm ICT by IANS
Kolkata, Dec 15 (IANS) Tata group company Titan Industries is eyeing to double its market share of five percent in jewellery business in the next five years, a top company ... Read more...

Posted in Business |

Government can do little to check rupee slide: Rangarajan


December 14th, 2011 - 7:35 pm ICT by IANS
New Delhi, Dec 14 (IANS) The slide in rupee, which fell to a new low of 53.75 against a dollar Wednesday, is driven by external factors especially general ... Read more...

Posted in Business |

Will check rupee fall: RBI


December 8th, 2011 - 7:53 pm ICT by IANS
Kolkata, Dec 8 (IANS) Expressing concern over the recent rupee depreciation, the country's apex bank Thursday said it will take whatever measures were needed to check the fall of the ... Read more...

Posted in Business |

Mexico to auction dollars to prop up peso


December 1st, 2011 - 12:24 pm ICT by IANS
Mexico City, Dec 1 (IANS/EFE) Mexico's currency exchange commission announced forceful action to bolster the peso, saying the central bank will auction $400 million of its reserves on days the ... Read more...

Posted in Business |

Volatility expected in global economy: Singapore PM


November 29th, 2011 - 1:37 pm ICT by IANS
Singapore, Nov 29 (IANS) A period of volatility and uncertainties is expected for the global economy, creating considerable challenges for the central bank to keep the financial system and economy ... Read more...

Posted in Business |

South Korea’s business sentiment weak in November


November 28th, 2011 - 1:07 pm ICT by IANS
Seoul, Nov 28 (IANS) South Korea's business sentiment remained weak this month as local firms were still worried about economic uncertainties amid fragile domestic demand, the central bank said Monday.The ... Read more...

Posted in Business |

Weak rupee will hurt software exports in long-term


November 23rd, 2011 - 7:11 pm ICT by IANS
New Delhi, Nov 23 (IANS) Although weakening of the rupee against the US dollar will bring short-term benefits, the long-term impact will be adverse and far outweigh any immediate gains, ... Read more...

Posted in Business |

Weak rupee will hit corporate borrowers hard


November 22nd, 2011 - 5:03 pm ICT by IANS
Mumbai, Nov 22 (IANS) Even as they deal with rising input costs and high interest rates, Indian companies which have raised funds from overseas sources have been dealt another ... Read more...

Posted in Business |

Rupee falls to record low, Mukherjee blames global conditions


November 22nd, 2011 - 3:26 pm ICT by IANS
Mumbai, Nov 22 (IANS) The Indian rupee fell to a record low of 52.73 to a dollar in early trade Tuesday, making imports especially of oil costlier, and sparking ... Read more...

Posted in Business |

Reverse deregulation of petrol price: CPI-M


November 16th, 2011 - 2:59 pm ICT by IANS
New Delhi, Nov 16 (IANS) The Communist Party of India-Marxist (CPI-M) Wednesday asked the government to reverse the deregulation of petrol price in view of "the volatility of the international ... Read more...

Posted in Politics |

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