Business

April 1, 2016 5:56 PM

Global stock markets fall after gloomy Japanese manufacturing data

Global stock markets fell, today, after gloomy Japanese manufacturing data. Oil also fell while safe-haven assets like gold and the Japanese yen rose. The Japanese data overshadowed upbeat news from China's vast factory sector. So Japan's Nikkei 225 index sank 3.6 percent, amid a d...

April 1, 2016 5:55 PM

Brent crude oil futures falls 64 cents, to 39.69 dollars a barrel

Global crude oil prices edged lower, today, with the market growing increasingly skeptical that a looming deal to freeze crude production can help clear a global glut. Brent crude oil futures fell 64 cents, to 39.69 dollars a barrel. Brent climbed rose 6 percent in the first quarter of this year. U....

March 31, 2016 8:45 PM

Automobile organisation fail to get relief as ban on big cars, SUVs remain

Automobile organisation like Mercedes, Toyota, Mahindra and General Motors today failed to get any relief from the Supreme Court, which extended till April 30 the bar on registration of diesel-run SUVs and high-end cars with engine capacity of 2000 CC and above in the National Capital Region. The be...

March 31, 2016 6:57 PM

Core sector growth at 5.7% in February

Eight core sector industries grew at a year's high of 5.7 per cent in February. It is almost double the rate of 2.9 per cent a month ago. These industries had expanded 2.3 per cent in February last year. The growth is driven by cement and fertilisers. Cement production last month was up 13....

March 31, 2016 1:14 PM

US stocks rise again over technology gains

US stocks rose yesterday, as technology stocks traded higher for the second day in a row. Consumer companies gained steam as cruise lines rose. And the beleaguered financial industry recovered some of its losses from earlier this year. The Dow Jones industrial average gained 84 points, or 0.5 percen...

March 31, 2016 6:56 AM

Swavalamban subscribers can switch to APY: PFRDA

Subscribers of micro-pension scheme 'Swavalamban', which closes on March 31, can switch to the 'Atal Pension Yojana' (APY) and retain the government's co-contribution. A Senior official of the Pension Fund Regulatory and Development Authority (PFRDA) said...

March 30, 2016 9:13 PM

Vijay Mallya offers to pay Rs 4,000 crore by September end<br/>

Businessman Vijay Mallya today offered to pay Rs 4,000 crore by September this year to a consortium of banks, led by the SBI, against an outstanding loan of Rs 9,000 crore. Mallya offered to pay Rs 2,000 crore upfront and remaining Rs 2,000 crore by September end .Mallya&apos;s offer was made in...

March 30, 2016 4:21 PM

Vijay Mallya offers to pay Rs 4,000 crore by September end<br/>

Businessman Vijay Mallya today offered to pay Rs 4,000 crore by September this year to a consortium of banks, led by the SBI, against an outstanding loan of Rs 9,000 crore. Mallya offered to pay Rs 2,000 crore upfront and remaining Rs 2,000 crore by September end .Mallya&apos;s offer was made in...

March 30, 2016 1:39 PM

Vijay Mallya offers to pay Rs 4,000 crore by September

Businessman Vijay Mallya today offered to pay 4,000 crore rupees by September this year to a consortium of banks, led by the SBI, against an outstanding loan of 9,000 crore rupees. Mallya offered to pay 2,000 crore rupees upfront and remaining 2,000 crore rupees by September .Mallya&apos;s offer...

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