Business

January 1, 2016 8:03 AM

Qatar agrees to lower gas price for India: Pradhan

Qatar has agreed to lower gas price for India, and waive off 1.5 billion dollar penalty for lower offtake. Petroleum Minister Dharmendra Pradhan said this while addressing a press conference in New Delhi. He said India will buy additional one million tonne per annum of Liquefied natural gas, LNG fro...

January 1, 2016 7:42 AM

Wall Street marks its worst performance in 2015

Wall Street finished its final day of 2015 down, marking its worst annual performance in seven years. Oil prices suffered a second year of steep losses and are expected to take at least another year to clear as the international surplus continues. The oil price collapse sent global markets reeling t...

December 31, 2015 6:04 PM

Core sector output contracts by 1.3% in November

The index of eight core industries contracted by 1.3 per cent in November as against 8.5 per cent growth in the same month last year. According to the data released by the Ministry of Commerce and Industry today, the decline in the growth was mainly due to low growth witnessed in the production of c...

December 31, 2015 1:54 PM

Qatar agrees to lower gas price for India: Pradhan

Qatar has agreed to lower gas price for India, and waive off 1.5 billion dollar penalty for lower offtake. Petroleum Minister Dharmendra Pradhan said this while addressing a press conference in New Delhi this afternoon. He said India will buy additional one million tonne per annum of Liquefied natur...

December 31, 2015 8:32 AM

U.S. stocks rebound as consumer confidence improves

U.S. stocks rose , as traders were encouraged by a pickup in consumer confidence and rising energy prices. The gain pulled the Standard & Poor's 500 index back into positive territory for the year. Dow Jones industrial average jumped 193 points, or 1.1 percent, to 17,721. The S&...

December 31, 2015 7:07 AM

Now file cheque bounce cases locally

People can now file cheque bounce cases at the place where the cheque is presented for clearance and not at the place of issue, as per the new law which got the President assent recently. Official sources said, the Negotiable Instruments (Amendment) Act, 2015 received President Pranab Mukherjee&...

December 30, 2015 8:36 PM

Now file cheque bounce cases locally

People can now file cheque bounce cases at the place where the cheque is presented for clearance and not at the place of issue, as per the new law which got President Pranab Mukherjee's assent recently. The Negotiable Instruments (Amendment) Act, 2015 has received the President's n...

December 30, 2015 2:18 PM

U.S. stocks rebound as consumer confidence improves

U.S. stocks rose yesterday, as traders were encouraged by a pickup in consumer confidence and rising energy prices. The gain pulled the Standard & Poor's 500 index back into positive territory for the year. Dow Jones industrial average jumped 193 points, or 1.1 percent, to 17,721. T...

December 30, 2015 8:18 AM

Asia stocks subdued as oil resumes fall

Asian stocks were subdued today, with Japanese and South Korean equities slipping, after crude oil prices resumed their slide and cooled investor sentiment. Japan's Nikkei lost 0.3 percent and South Korea's KOSPI fell 0.4 percent. Australian stocks bucked the trend and rose 0.4 per...

December 30, 2015 8:18 AM

Early formalities for NIIF formation completed: Jaitley

Finance Minister Arun Jaitley said early formalities for formation of National Investment and Infrastructure Fund, NIIF, initial appointment of advisers to the Fund, and registration with SEBI have been completed. He was interacting with the media after the first meeting of the governing council of ...

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