New York, Feb 24 (IANS) Oil prices decreased after Saudi Arabia Oil Minister Ali Al-Naimi said there will not be any production cuts in the country. The West Texas Intermediate for April delivery moved down…
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…
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…
New York, Feb 24 (IANS) US stocks pulled back in the morning session as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average fell 159.98 points, or 0.96 percent,…
Madrid, Feb 24 (IANS) The Spanish stock market index Ibex-35 fell 1.42 percent to close at 8,267.60 points, down from 8,387 points of the previous session. ArcelorMittal shares led falls losing 4.24 percent, followed by…
Gandhinagar, Feb 23 (IANS) Gujarat Finance Minister Saurabh Patel on Tuesday presented a Rs. 1,51,852 crore budget for 2016-17 while announcing a scheme for wheat and rice for the poor at Rs.2 and Rs.3 a…
New Delhi, Feb 23 (IANS) Indian Railways on Tuesday said it unveiled a new micro-website for Railway Budget 2016-17 to update people instantly and enable them to watch it live. “It will be a one-stop…
New Delhi, Feb 23 (IANS) Economists surveyed by Ficci have said the upcoming union budget must strengthen the domestic capital expenditure cycle towards boosting growth, the industry chamber said on Tuesday. “Participating economists in Ficci’s…
Mumbai, Feb 23 (IANS) Caution-selling, combined with profit-booking and negative global indices, dragged the Indian equity markets lower on Tuesday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE closed the day’s trade down…
Abu Dhabi, Feb 23 (IANS/WAM) Flag carrier of the United Arab Emirates (UAE), Etihad Airways has been presented with the Best Finance Transformation Award in 2015 by a leading US-based company specialising in enterprise innovation….
New Delhi, Feb 23 (IANS) With Prime Minister Narendra Modi promising tax cuts and a $1.5-billion fund for India’s start-up eco-system, young entrepreneurs hope that the Budget 2016-17 will have some concrete steps to foster…
Tokyo, Feb 23 (IANS) Japan shares ended the trading Tuesday lower by erasing gains in the morning session as sentiment here brought by rising oil prices was weighed by the Japanese yen’s advance that triggered…
Bejing, Feb 23 (IANS) Chinese stocks closed lower on Tuesday, with the benchmark Shanghai Composite Index down 0.81 percent, at 2,903.33 points. The smaller Shenzhen index closed 0.69 percent lower at 10,299.67 points, Xinhua reported….
By Vinod Behl With a focus on strengthening the economy, improving the investment climate with more public spending, boosting infrastructure and spurring demand and growth, the government may have little fiscal room in the national…
Seoul, Feb 23 (IANS) South Korea’s export volume posted the biggest monthly decline in almost seven years in January, boosting widespread worries about the export-driven economy, central bank data showed on Tuesday. The export volume…
Mumbai, Feb 23 (IANS) Caution-selling, combined with profit-booking and negative global indices, dragged the Indian equity markets lower during the mid-afternoon trade session on Tuesday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE…
New Delhi, Feb 23 (IANS) Ahead of India’s budget for the next fiscal, Moody’s Investors Service on Tuesday said the country’s fiscal position will remain weaker than other emerging economies in the near term even…
Tokyo, Feb 23 (IANS) Japan shares erased gains in the morning session and ended mixed by the break on Tuesday as sentiment here, although boosted by the rising oil prices, was held by the yen’s…
Mumbai, Feb 23 (IANS) Caution selling, combined with profit booking and negative Asian indices dragged the Indian equity markets lower during the early morning trade session on Tuesday. Market analysts cited, caution selling at the…
Beijing, Feb 23 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, lost 108 basis points to 6.5273 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…