Business

November 15, 2016 1:48 PM

Wholesale price Inflation eased to 33.9 percent in oct

Falling for the second straight month, wholesale price inflation eased to 3.39 per cent in October this year, as prices of food articles softened. Wholesale price-based inflation had stood at 3.57 percent in September this year, and minus 3.7 per cent in October last year. Overall wholesale food inf...

November 15, 2016 1:43 PM

BSE sensex sinks by 418 points<br/>

The Sensex at the Bombay Stock Exchange plunged by 418 points to 26, 401 in late morning trade NSE , Nifty was also trading down by 150 points at 8146. At the forex market, the rupee was trading lower by 42 paise at 67 rupees 67 paise against the dollar in opening trade today.

November 15, 2016 12:12 PM

BSE sensex sinks by 418 points<br/>

The Sensex at the Bombay Stock Exchange plunged by 418 points to 26, 401 in late morning trade. NSE , Nifty was also trading down by 150 points at 8146. At the forex market, the rupee was trading lower by 42 paise at 67 rupees 67 paise against the dollar in opening trade today.

November 15, 2016 10:49 AM

BSE Sensex crashes by 344 points

The Sensex at the Bombay Stock Exchange plunged by 344 points to 26,475 in early trade today. In the last trading session on Friday, the 30-share index had plummeted 699 points to an over 4-month closing low.At the forex market, the rupee was trading lower by 42 paise at 67 rupees 67 paise against t...

November 14, 2016 7:01 PM

Domestic stock markets closed for holiday

The domestic stock markets were closed for a holiday today. But elsewhere in Asia, Japan&apos;s Nikkei 225 index surged 1.7 percent on a weakening yen. The Nikkei index got an added fillip from data showing Japan&apos;s economy grew at an annualized rate of 2.2 percent in the third quarter, ...

November 14, 2016 4:49 PM

Oil pinned near three-month lows <br/>

Global crude oil prices held steady around three-month lows, today, as the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output. Donald Trump&apos;s surprise victory in last week&apos;s U.S. presidential election has undermined...

November 14, 2016 4:15 PM

FDI in services sector jumps to $5.3 billion during April-Sept

With the government taking steps to improve the ease of doing business and attracting foreign investment, FDI inflows into the services sector jumped over two-and-a-half times, to 5.3 billion dollars in the April to September period of the current fiscal. The services sector, which includes banking,...

November 14, 2016 4:05 PM

MFs folio count rises 36 lakh in April-October to record 5.13 crore

Driven by addition in equity fund folios, mutual fund houses registered a surge of more than 36 lakh investor accounts in the first seven months of the current fiscal. This takes their total tally of investors to 5.13 crores. Investor accounts have increased in the last two years mainly due to robus...

November 14, 2016 4:03 PM

BusiMFs folio count rises 36 lakh in April-October to record 5.13 crore

Driven by addition in equity fund folios, mutual fund houses registered a surge of more than 36 lakh investor accounts in the first seven months of the current fiscal. This takes their total tally of investors to 5.13 crores. Investor accounts have increased in the last two years mainly due to robus...

November 14, 2016 11:02 AM

APEC Forum's Week starts in Lima, Peru

The Asia-Pacific Economic Cooperation (APEC) Forum&apos;s Week started at Lima in Peru today bringing together leaders of world&apos;s largest economies, businessmen and investors. A creation of Free Trade Area of the Asia-Pacific, which would include all APEC states, is one of the main topi...

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