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June 14, 2013 9:48 AM
Crude oil futures slipped to 103 dollars a barrel,thursday, as a subdued outlook for global demand outweighed disruptions on the supply side and the U.S. dollar falling to a near 4-month low against a basket of currencies. The World Bank cut its outlook for global growth, saying the economy should e...
June 14, 2013 9:43 AM
The World Bank has slashed its growth forecast for China's economy this year to 7.7 per cent from 8.4 per cent. In a report, the World Bank said, the main risk related to China remains the possibility that high investment rates prove unsustainable, provoking a disorderly unwinding and sharp...
June 14, 2013 9:28 AM
The newest aircraft from European plane-maker Airbus is due to take off on its maiden flight later today. The Airbus A350 is designed to be more fuel-efficient, and a direct competitor to US rival Boeing's 787 Dreamliner. It is seen as vital to the future of Airbus, which competes with Boei...
June 13, 2013 8:30 PM
The World Bank today forecast a growth rate of 6.7 per cent for India within the next two fiscal years, with exports and private investment projected to strengthen and provide a boost to growth. In its latest 'Global Economic Prospects' report, the World Bank said the country&a...
June 13, 2013 8:29 PM
Finance Minister P Chidambaram has said, there is no need for panic on the rupee depreciation and hoped that it will regain the losses suffered during the last few days. Talking to reporters in New Delhi, he said, there is no reason for panic over rupee decline as it will stabilize soon. The Finance...
June 13, 2013 5:25 PM
Crude oil futures slipped to 103 dollars a barrel, today, as a subdued outlook for global demand outweighed disruptions on the supply side and the U.S. dollar falling to a near 4-month low against a basket of currencies. The World Bank cut its outlook for global growth, saying the economy should exp...
June 13, 2013 5:03 PM
Falling for the third straight session, the Sensex at the Bombay Stock Exchange plunged 214 points, or 1.1 percent, to close below the 19,000-mark amid falling global markets, today. The BSE closed at 18,827, touching this low after nearly two months. The Nifty at the National Stock Exchange fell 61...
June 13, 2013 2:07 PM
The Sensex at the Bombay Stock Exchange fell 226 points, or 1.2 per cent, to to plunge below the 19,000 mark, at 18,816 in early trade, this morning, on all-round selling by investors, amid weak regional bourses. Later, the Sensex recovered some lost ground, and stood 148 points, or 0.8 percent in t...
June 13, 2013 1:15 PM
The BSE Sensex today was down by nearly 181 points to plunge below the 19,000 mark and was trading at 18,860 in afternoon trade. Similarly, the wide-based National Stock Exchange index Nifty also was down by nearly 50 points at 5711 .The Japan's Nikkei fell by 4.67 per cent, while Hong Kong...
June 13, 2013 12:14 PM
Keeping its downward trend of morning trade, the BSE benchmark Sensex today was down by nearly 254 points to plunge below the 19,000 mark and was trading at 18,789 during noon.Similarly, the wide-based National Stock Exchange index Nifty also was down by nearly 71 points at 5690.The Japan's...
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