Business

September 15, 2016 7:40 PM

Key Asian markets ended mixed today

Key Asian markets ended mixed, today. So, Japan's Nikkei 225 index dropped 1.3 percent; and Singapore's Straits Times index fell 0.1 percent. But Hong Kong's Hang Seng index rose 0.6 percent. The Chinese and South Korean markets were closed for a holiday. In Europe, UK&amp...

September 15, 2016 7:38 PM

Exports dip 0.3 per cent to $21.51 billion in August

The country's exports declined for the second consecutive month, falling 0.3 percent in August this year, to 21.5 billion dollars. Imports contracted 14 per cent, to 29.9 billion dollars in August. The trade deficit narrowed to 7.7 billion dollars during the month under review, from 12.4 bi...

September 15, 2016 6:02 PM

Global crude oil prices edge up today

Global crude oil prices edged up, today, after two consecutive days of losses, with gains capped by returning supplies from Nigeria and Libya. Brent crude oil futures were up 38 cents, trading at 46.23 dollars per barrel. U.S. crude were up 25 cents, at 43.83 dollars a barrel. Crude prices fell abou...

September 15, 2016 5:06 PM

Key Asian markets ended mixed today

Key Asian markets ended mixed, today. So, Japan's Nikkei 225 index dropped 1.3 percent; and Singapore's Straits Times index fell 0.1 percent. But Hong Kong's Hang Seng index rose 0.6 percent. The Chinese and South Korean markets were closed for a holiday. In Europe, UK&amp...

September 15, 2016 12:45 PM

Jim Yong Kim wins second term of World Bank President

World Bank President, Jim Yong Kim, has won a second five-year term after nominations to lead the global development bank closed with no other candidates proposed. Kim's first term ends on June 30, 2017. Kim, 56, a Korean-American medical doctor who has focused the World bank on programmes ...

September 15, 2016 11:56 AM

196% growth registers in tourist arrival in August 2016<br/>

Over 196 per cent growth has been registered in tourist arrival on e-Tourist Visa in August this year over the same period last year. An official release said, a total of over 66 thousand tourists arrived in August this year as compared to around 22 thousand during the month of August 2015. E-Touris...

September 14, 2016 5:15 PM

Wholesale inflation climbs to 2-year high of 3.74 % in August

Wholesale inflation climbed to a two-year high of 3.74 per cent in August this year. Inflation rose amid an uptick in the rate of price rise in pulses and manufactured items, even as it declined sharply in vegetables. Wholesale price-based inflation had stood at 3.55 per cent in July this year, and ...

September 14, 2016 1:47 PM

Wholesale inflation soars to two-year high of 3.74% in August

Wholesale inflation soared to a two-year high of 3.74 per cent in August as pulses and manufactured items showed uptick in prices even as vegetable prices witnessed some moderation. The wholesale price-based inflation, reflecting the annual rate of price rise, in July stood at 3.55 per cent. In Augu...

September 14, 2016 9:11 AM

Arunachal Pradesh has potential to promote textiles sector: Smriti Irani

Union Minister for Textile Smriti Irani has said that Arunachal Pradesh has the potential to promote textiles sector and give a fillip to entrepreneurship and job creation. She was speaking after inaugurating an apparel and garment making centre at Pasighat in East Siang district yesterday. While de...

September 12, 2016 9:15 PM

Industrial Output contracts 2.4 per cent in July

Industrial production contracted 2.4 per cent in July this year--its worst performance in eight months. This was mainly due to a fall in output of the manufacturing and capital goods sectors. Factory output, as measured by the Index of Industrial Production, IIP, had grown 4.3 per cent in July last ...

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