wholesale

Inflation rises to 7.55 percent in August


September 14th, 2012 - 3:45 pm ICT by IANS
New Delhi, Sep 14 (IANS) India's inflation soared to 7.55 percent in August compared to 6.87 percent in July, largely driven by a sharp hike in prices of food items, ... Read more...

Posted in Business |

China’s inflation rate rebounds


September 9th, 2012 - 7:14 pm ICT by IANS
Beijing, Sep 9 (IANS) China's consumer price index, a key gauge of inflation, rose 2 percent year-on-year in August, accelerating from a 1.8 percent growth in July, the National Bureau ... Read more...

Posted in Business |

China’s inflation accelerates (Lead)


September 9th, 2012 - 7:14 pm ICT by IANS
Beijing, Sep 9 (IANS) China's consumer price index (CPI), a key gauge of inflation, rose 2 percent year-on-year in August, accelerating from a 1.8 percent growth in July, the National ... Read more...

Posted in Business |

Singapore’s GDP contracts


August 10th, 2012 - 2:18 pm ICT by IANS
Singapore, Aug 10 (IANS) Singapore's economy shrank by 0.7 percent on quarter in the second quarter, reversing the 9.5 percent growth in the previous quarter, said trade and industry ministry ... Read more...

Posted in Business |

China’s Producer Price Index goes down


August 9th, 2012 - 1:27 pm ICT by IANS
Beijing, Aug 9 (IANS) China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, fell 2.9 percent in July from a year earlier, the National Bureau ... Read more...

Posted in Uncategorized |

Three held with fake 6.40 lakh Takas in Dhaka


August 3rd, 2012 - 8:18 pm ICT by IANS
Dhaka, Aug 3 (IANS) Three people have been arrested in Dhaka after counterfeit currency worth 6.40 lakh Takas (about $7,850) was recovered from them, The Daily Star reported.The Detective Branch ... Read more...

Posted in World |

Chhattisgarh suicide: Minister claims innocence


July 31st, 2012 - 6:30 pm ICT by IANS
Raipur, July 31 (IANS) A day after the Chhattisgarh High Court ordered a probe into a farm market worker's suicide, Agriculture Minister Chandrashekhar Sahu Tuesday denied allegations that he had ... Read more...

Posted in Uncategorized |

Subbarao moots producer price index to measure inflation


July 17th, 2012 - 8:30 pm ICT by IANS
Mumbai, July 17 (IANS) The Reserve Bank of India Tuesday mooted a producer price index (PPI) that would be able to measure inflation more accurately.According to Reserve Bank of India ... Read more...

Posted in Business |

US wholesale prices rise


July 14th, 2012 - 2:21 pm ICT by IANS
Washington, July 14 (IANS) US wholesale prices rose slightly in June after a consecutive decline from March through May. The Producer Price Index, which measures price changes at factory gates, ... Read more...

Posted in Business |

Fire in Kolkata’s Burrabazar market


July 8th, 2012 - 1:29 am ICT by IANS
Kolkata, July 7 (IANS) A fire broke out in Kolkat's Burrabazar, one of the largest wholesale markets in India, Saturday night, police said. There were no reports of any casualty ... Read more...

Posted in Uncategorized |

China’s Producer Price Index down


June 9th, 2012 - 1:16 pm ICT by IANS
Beijing, June 9 (IANS) China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, fell 1.4 percent in May from a year earlier, the National Bureau ... Read more...

Posted in Business |

Markets shut, trains stopped in Agra


May 31st, 2012 - 3:27 pm ICT by IANS
Agra, May 31 (IANS) The Taj city observed a total shutdown Thursday as shopkeepers joined the 'Bharat Bandh' called by the Bharatiya Janata Party (BJP) and others to protest ... Read more...

Posted in Politics |

China’s Producer Price Index falls


May 11th, 2012 - 1:27 pm ICT by IANS
Beijing, May 11 (IANS) China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, fell 0.7 percent in April from a year earlier, the National Bureau ... Read more...

Posted in Business |

Ford Q1 profit down 45 percent year on year


April 28th, 2012 - 2:06 pm ICT by IANS
Chicago, April 28 (IANS) US automaker Ford Motor Co. has reported that it notched a profit of $1.4 billion in the first quarter of 2012, a decrease of 45 percent ... Read more...

Posted in Business |

Betsey Johnson declares bankruptcy


April 27th, 2012 - 9:10 pm ICT by IANS
New York, April 27 (IANS) American design house Betsey Johnson LLC has filed for bankruptcy as a result of which most of the designer's 63 boutiques will close over the ... Read more...

Posted in Entertainment |

Consumer price inflation rises to 9.47 percent


April 18th, 2012 - 3:04 pm ICT by IANS
New Delhi, April 18 (IANS) Inflation based on consumer prices rose to 9.47 percent in March as compared to 8.83 percent in the previous month, led by sharp increase in ... Read more...

Posted in Business |

Joshua Schulman leaves Choo for Bergdorf Goodman


April 13th, 2012 - 1:40 pm ICT by IANS
Los Angeles, April 13 (IANS) Former Jimmy Choo executive Joshua Schulman has quit the fashion house to join department store Bergdorf Goodman as its president. He admits he is delighted ... Read more...

Posted in Life Style |

Sharp drop in vodka production, Russian alcohol makers


April 5th, 2012 - 11:03 am ICT by IANS
Moscow, April 5 (IANS/RIA Novosti) The number of alcoholic drink makers in Russia fell 32 percent last year as a result of government steps to re-license local manufacturers and sellers, ... Read more...

Posted in Business |

Kashmir Valley gold sellers on strike against excise duty


April 3rd, 2012 - 5:14 pm ICT by IANS
Srinagar, April 3 (IANS) Wholesale and retail gold traders of the Kashmir Valley continued their strike for the 16th day Tuesday against the excise duty hike on branded and ... Read more...

Posted in National |

British petrol prices hit record high


March 2nd, 2012 - 10:04 pm ICT by IANS
London, March 2 (IANS) Petrol prices hit an all-time high in Britain Friday, the Daily Mail reported.Prices at the pump have reached 137.44 pounds, beating the previous record 137.43 pounds ... Read more...

Posted in Business |

Inflation in January slips to 6.55 percent


February 14th, 2012 - 2:08 pm ICT by IANS
New Delhi, Feb 14 (IANS) India's annual inflation slipped to 6.55 percent in January, lower than what was expected and at its slowest in 26 months, bringing relief to the ... Read more...

Posted in Business |

NSW says it won’t block Cricket Australia reforms


February 11th, 2012 - 9:22 pm ICT by IANS
Sydney, Feb 11 (IANS) New South Wales (NSW) said it would not block the much needed reforming in Cricket Australia's (CA) century-old board structure.There are concerns that NSW, CA's most ... Read more...

Posted in Sports |

US unemployment rate edges down to 8.3 percent


February 4th, 2012 - 12:13 am ICT by IANS
Washington, Feb 3 (IANS) The US unemployment rate edged down to 8.3 percent in January from 8.5 percent in December 2011, the Labour Department said Friday.Total US nonfarm payroll employment ... Read more...

Posted in Business |

India discontinues weekly inflation data (Lead)


February 2nd, 2012 - 4:45 pm ICT by IANS
New Delhi, Feb 2 (IANS) The Indian government has discontinued releasing weekly inflation data in a bid to curb the speculative movement in prices of essential commodities, an official statement ... Read more...

Posted in Business |

India discontinues weekly inflation data


February 2nd, 2012 - 3:20 pm ICT by IANS
New Delhi, Feb 2 (IANS) India has discontinued releasing weekly inflation data in a bid to curb speculative movement in prices of essential commodities, official statement said Thursday.Consequent upon the ... Read more...

Posted in Business |

Ford India logs sales growth in January


February 1st, 2012 - 6:42 pm ICT by IANS
Chennai, Feb 1 (IANS) Ford India, the Indian subsidiary of the American auto major Ford Motor Company, closed last month selling 10,789 units, up from 10,026 units sold in January ... Read more...

Posted in Business |

India to grow faster in 2012-13: Kaushik Basu


January 31st, 2012 - 6:24 pm ICT by IANS
New Delhi, Jan 31 (IANS) The Indian economy would grow a little over 7 percent this fiscal ending March 31, and it would turn around in 2012-13, the government's Chief ... Read more...

Posted in Uncategorized |

PNB quarterly net profit rises 5.5 percent


January 31st, 2012 - 4:39 pm ICT by IANS
Mumbai, Jan 31 (IANS) State-owned Punjab National Bank Tuesday reported a 5.5 percent increase in net profit at Rs.1,150 crore for the quarter ended Dec 31 as against Rs.1,089.77 crore ... Read more...

Posted in Business |

South Korean industrial output contracts for three months


January 31st, 2012 - 1:27 pm ICT by IANS
Seoul, Jan 31 (IANS) South Korea's industrial output contracted for three straight months in December last year amid lingering concerns over Eurozone debt crisis and global economic downturn, a government ... Read more...

Posted in Business |

India to stop releasing weekly inflation data


January 24th, 2012 - 9:15 pm ICT by IANS
New Delhi, Jan 24 (IANS) India will stop releasing weekly food and other inflation data and will issue it once in a month in a bid to curb speculative ... Read more...

Posted in Business |

Rate cuts unlikely as RBI reviews policy this week


January 22nd, 2012 - 5:58 pm ICT by IANS
Mumbai Jan 22 (IANS) India Inc's hopes of a rate cut may not happen, atleast this time, even though inflation, the main worry of the Reserve Bank of India (RBI), ... Read more...

Posted in Uncategorized |

Inflation falls to 7.47 percent in December


January 16th, 2012 - 1:54 pm ICT by IANS
New Delhi, Jan 16 (IANS) India's annual inflation based on the wholesale price index fell to 7.47 percent in December as compared to 9.11 percent in the previous month ... Read more...

Posted in Business |

RBS to cut 3,500 jobs worldwide


January 12th, 2012 - 7:37 pm ICT by IANS
London, Jan 12 (IANS) The Royal Bank of Scotland (RBS) has said it is planning to cut 3,500 jobs across the globe, with most of them to happen this year, ... Read more...

Posted in World |

Food prices fall; inflation will continue to moderate: Pranab (Lead)


January 12th, 2012 - 5:53 pm ICT by IANS
New Delhi, Jan 12 (IANS) Overall food prices declined for the second consecutive week year-on-year, led by a sharp drop in the price of vegetables, especially onions, official data ... Read more...

Posted in Business |

China’s Producer Price Index rises in December


January 12th, 2012 - 2:04 pm ICT by IANS
Beijing, Jan 12 (IANS) China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, rose 1.7 percent in December year-on-year, the National Bureau of Statistics (NBS) ... Read more...

Posted in Business |

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