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Australian central bank leaves rates on hold

Canberra, March 1 (IANS) Australia’s central bankers have maintained their upbeat stance on the economy despite financial market volatility, leaving the official cash rate on hold at 2 percent for the 11th straight month, the…






Tokyo shares end lower

Tokyo, March 1 (IANS) Tokyo shares ended the morning session lower on Tuesday as selling of export-oriented issues was triggered by an advancing yen. The 225-issue Nikkei Stock Average lost 109.92 points, or 0.69 percent,…


Sensex surges 191 points in early trade

Mumbai, March 1 (IANS) A day after Union Budget 2016-17 was announced, a benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Tuesday was trading 190.98 points or 0.83 percent up during…




Chinese yuan strengthens

Beijing, March 1 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 67 basis points to 6.5385 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…





NE Industry bodies hail Budget 2016-17

Guwahati, Feb 29 (IANS) Industry bodies of Assam and northeast termed the union budget 2016-17 presented on Monday as a good one based on realistic projection and said it was prepared while keeping in mind…