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Fears of spending cuts dent railway stocks

Mumbai, Feb 24 (IANS) Fears of spending cuts, coupled with lower revenue realisation in the upcoming railway budget dented the sector specific stocks on Wednesday. According to market observers, stocks of companies associated with the…


Ola to create 50,000 entrepreneurship opportunities in UP

Lucknow, Feb 24 (IANS) Personal transportation mobile application company, Ola, has signed a Memorandum of Understanding with the Uttar Pradesh government to provide entrepreneurship opportunities for 50,000 men and women across the state over the…




OPEC daily basket price closes lower

Vienna, Feb 24 (IANS/WAM) The price of OPEC’s basket of thirteen crudes stood at $28.94 a barrel on Tuesday, compared with $29.48 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of…


Chinese shares on roller-coaster ride

Beijing, Feb 24 (IANS) Chinese shares staged a remarkable rally on Wednesday, recovering from the early losses brought about by small-cap stocks. The benchmark Shanghai Composite Index surged 0.88 percent to close at 2,928.9 points…








Japan shares end lower

Tokyo, Feb 24 (IANS) Japan shares ended the morning session lower on Wednesday on a firmer yen and the decline in oil prices. The 225-issue Nikkei Stock Average declined 103.74 points, or 0.65 percent, from…




Tokyo shares open lower

Tokyo, Feb 24 (IANS) Tokyo shares opened the trading on Wednesday lower as sentiment here was weighed down by the yen’s appreciation and the oil prices’ retreat. At 9.15 a.m. (local time), the 225-issue Nikkei…


Canadian stocks close lower

Toronto, Feb 24 (IANS) Canada’s main stock market in Toronto dipped into negative territory after crude oil prices fell back over Saudi plans on no production cuts. The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX…



US stocks pull back amid falling oil

New York, Feb 24 (IANS) US stocks suffered big losses as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average dipped 188.88 points, or 1.14 percent, to 16,431.78 on…


US dollar rises amid mixed data

New York, Feb 24 (IANS) The US dollar increased against most major currencies amid mixed economic data from the country and rising concerns that Britain may leave the European Union (EU). In late New York…