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China announces 7.6 percent defence budget rise

Beijing, March 5 (IANS) China on Saturday announced the country’s lowest defence budget increase in six years in the wake of rising economic headwinds and last year’s massive drawdown of service people. According to a…
















Gold up on weaker US dollar

Chicago, March 5 (IANS) Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the US dollar showed weakness. The most active gold contract for April delivery rose $12.5,…




Oil prices gain amid upbeat job data

New York, March 5 (IANS) Oil prices rose on Friday as newly-released jobs US report came out better-than-expected. Total non-farm payroll employment increased by 242,000 in February, topping market expectations, and the unemployment rate was…