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December 17, 2013 9:19 AM
The winner of Sunday's Presidential election in Chile, Michelle Bachelet, says she will use her clear victory to push through her reform agenda. With almost all the votes counted, Ms Bachelet, the left-wing candidate for the New Majority coalition, won 62 per cent of the votes in the second...
December 17, 2013 9:16 AM
A survey of businesses has suggested that the eurozone's recovery is continuing but it has also revealed a widening divergence in economic performance between France and Germany. The latest purchasing managers' index, PMI, from Markit rose to 52.1 in December from 51.7 last month. ...
December 17, 2013 9:14 AM
RBI has revealed that Indian companies raised 1.93 billion US Dollars from overseas markets in October through external commercial borrowings and foreign currency convertible bonds. In a statement issued from Mumbai on Monday, RBI has said that as many as 52 Indian companies raised money from extern...
December 16, 2013 5:38 PM
Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange dropped 56 points, to close at an over two-week low of 20,660.The Nifty at the National Stock Exchange shed 14 points, to 6,155.Stock markets in Japan, China, Hong Kong, South Korea and Singapore lost between 0.1 percent...
December 16, 2013 5:18 PM
Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. According to the Wholesale Price Index (WPI) inflation data released today, vegetable prices shot up by 95....
December 16, 2013 5:17 PM
Falling for the fifith straight day, the Sensex at the Bombay Stock Exchange shed 32 points, or 0.2 percent, to trade at 20,683, in the afternoon session today, a short while ago. The Nifty at the National Stock Exchange lost 12 points, or 0.2 percent, to 6,157. In other stock makets in Asia, key be...
December 16, 2013 5:16 PM
Oil prices edged higher in Asian trade today as investors focused on the US Federal Reserve's policy meeting this week for clues about its long-awaited stimulus pullback. New York's main contract, West Texas Intermediate (WTI) for January delivery, was up six cents at 96.66 dollars...
December 16, 2013 5:14 PM
The rupee eased by two paise to 62.14 against the American currency in the late morning trade on mild dollar demand from banks and importers on the back of higher dollar overseas. The rupee resumed lower at 62.16 as against the last weekend's level of 62.12 per dollar at the Interbank Forei...
December 16, 2013 5:13 PM
Sensex at the Bombay Stock Exchange was trading 14 points up at 20,730, a shortwhile ago. It lost 36 points in early trade today. The 30-share barometer had lost 611 points in the previous four sessions.The Nifty at the National Stock Exchange was trading flat at 6,170 points, a shortwhile ago.
December 16, 2013 5:12 PM
Extending losses for the fourth straight session, the rupee fell marginally by four paise to 62 rupees, 16 paise against the dollar in early trade today. This was in line with weak local equities amid increased demand for the American currency from importers. The domestic currency had lost 29 paise ...
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