US dollar rises on upbeat GDP report
New York, Feb 27 (IANS) The US dollar increased against most major currencies as the economic growth data from the country came out positive. In the late New York trading on Friday, the euro fell…
Business
Oil prices decline
New York, Feb 27 (IANS) Oil prices closed lower as investors took profits from earlier gains. Oil prices grew broadly in the early session on Friday, with both US oil and Brent crude jumping about…
Spanish stock market rises
Madrid, Feb 27 (IANS) The Spanish stock market index Ibex-35 rose 1.63 percent to close at 8,349.20 points, up from the 8,125.60 points of the previous session. Share values were up 1.9 percent in the…
US stocks fluctuate after upbeat GDP report
New York, Feb 27 (IANS) US stocks traded narrowly mixed as the country’s economic growth was revised up to one percent in the fourth quarter of 2015. By Friday noon, the Dow Jones Industrial Average…
Freedom 251: Now pay cash on delivery as questions linger on
New Delhi, Feb 26 (IANS) Facing an FIR and defamation suit amid deepening mystery and now senior government officials raising serious questions over “Freedom 251” smartphone, its makers on Friday announced “cash on delivery” (COD)…
NSE announces panel to speed up listing
Mumbai, Feb 26 (IANS) The National Stock Exchange (NSE) on Friday announced the formation of a Listing Committee (LC) comprising board members, shareholders and management representatives to accelerate listing and assist its chief executive and…
Bengal government to acquire Jessop, Dunlop: Mamata
Sukna: West Bengal Chief Minister Mamata Banerjee during a press conference at Sukna of Darjeeling District, West Bengal on Nov. 5, 2015. (Photo: IANS) Kolkata, Feb 26 (IANS) The West Bengal government will take over…
Short-covering and economic survey buoy equity markets
Mumbai, Feb 26 (IANS) Short-covering, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets on Friday. Consequently, Indian markets snapped a three-day losing streak, just ahead of the union…
Rewari traders protest against Jat violence
Gurgaon, Feb 26 (IANS) Traders in Haryana’s Rewari district on Friday observed a shutdown seeking stringent action against those who looted and set fire to businesses of non-Jats during the Jat job quota protests. Traders…
Hope budget reflects Economic Survey prescriptions: India Inc
New Delhi, Feb 26 (IANS) India Inc. has appreciated the candid posture of this year’s Economic Survey and hoped the recommendations made in it would be reflected in the national budget to be presented by…
Phone maker InFocus forays into home entertainment segment in India
New Delhi, Feb 26 (IANS) After creating a buzz with its quality line-up of mobile handsets in India, the US-based visual communication giant InFocus on Friday announced its foray into the home entertainment category with…
Thai students arrested for selling weapons on Facebook
Bangkok, Feb 26 (IANS) Two university students were arrested in Thailand’s capital Bangkok for selling weapons on social media website Facebook, the media reported on Friday. Sanit Mahathavorn, acting chief of the Metropolitan Police Bureau,…
Freedom 251: FIR certain, defamation case likely against Ringing Bells
Noida: People throng the office of Ringing Bell to buy its newly launched “Freedom 251” smartphone on Feb 18, 2016. The Noida-based startup’ website to crash within hours of opening up for pre-order. It claims…
Short-covering on budgetary expectations buoy markets
Mumbai, Feb 26 (IANS) Short-coverings, coupled with value-buying and positive global indices, supported the rise of the Indian equity markets on Friday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE)…
OPEC daily basket price closes higher
Vienna, Feb 26 (IANS/WAM) The price of OPEC’s basket of thirteen crudes stood at $29.19 a barrel on Thursday, compared with $28.30 on Wednesday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes…
Kartik Aaryan to endorse perfume body spray brand
New Delhi, Feb 26 (IANS) Bollywood actor Kartik Aryan of “Pyaar Ka Punchnama” fame has been roped by a perfume body spray brand Envy1000 to be its brand ambassador. “I am delighted to be on…
Chinese shares swing higher
Beijing, Feb 26 (IANS) Chinese stocks finished upbeat Friday following a series of swings, trimming some of the previous day’s losses. The benchmark Shanghai Composite Index gained 0.95 percent to close at 2,767.21 points while…
Russian firm hopes to conclude deal for more Mi-17V-5 choppers
Moscow/New Delhi, Feb 26 (IANS) The Russian supplier of Mi-17V-5 medium-lift helicopters is expecting another order from India for which negotiations are currently on, a statement from the Rostec State Corporation said on Friday. It…
Short-covering over budgetary expectations buoy equity markets
Mumbai, Feb 26 (IANS) Short-coverings, coupled with value-buying and positive Asian indices, supported the rise of the Indian equity markets during the mid-afternoon trade session on Friday. Consequently, the barometer 30-scrip sensitive index (Sensex) of…
China crude oil output down
Beijing, Feb 26 (IANS) China’s crude oil output in January edged down 2.1 percent year on year to 17.69 million tonnes, data from the top economic planner showed on Friday. The National Development and Reform…