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Oil prices extend losses on demand fears
Singapore, Oct 10 (AFP) Oil prices sank today to more than two-year lows as weak economic data from Germany underscored concerns over a global economic slowdown and its impact on energy demand, analysts said.
In Asian trade US benchmark…
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Rupee down 15 paise against dollar in early trade
Mumbai, Oct 10 (PTI) The rupee fell by 15 paise to 61.20 against the dollar in early trade on Friday due to fresh demand for the US currency from banks and importers amid a weak opening in local equities.
Dealers said besides increased…
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Sensex tanks 335 pts in early trade; Infosys surges 5.61%
Mumbai, Oct 10 (PTI) The benchmark BSE Sensex plunged over 335 points in early trade on Friday as funds and retail investors booked profits after Thursday's gains even as Infosys posted better-than-expected earnings.
A weak trend on…
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Infosys Q2 Net up 28.6% to Rs 3,096 crore; revenues up 2.9%
In dollar terms, the company's revenues rose 6.5 per cent to USD 2.2 billion in the July-September quarter of 2014-15 fiscal from USD 2.07 billion in the same quarter of previous financial year.
"Digital transformation is reshaping the…
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Oil rebounds in Asia but prices expected to remain soft
Singapore, Oct 9 (AFP) Oil prices bounced from multi- month lows in Asia today, lifted by an equities rally and a weaker dollar as minutes from the US Federal Reserve's latest policy meeting indicate it may keep interest rates at record…
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Govt to look into complaints on Flipkart’s discount sale
New Delhi, (PTI) Government Wednesday promised to look into complaints of predatory prices on goods sold by Flipkart after traders alleged that the e-commerce giant resorted to unfair trade practices.
Commerce and Industry Minister…
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Sensex zooms 312 pts in early trade on global cues, firm Re
Mumbai, Oct 9 (PTI) Snapping its three-session losing streak, the benchmark BSE Sensex staged a strong comeback by rising over 312 points in early trade today on fresh spells of buying by foreign funds and investors amid positive global…
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Rupee firms up by 35 paise to 61.05 against US dollar
Mumbai, Oct 9 (PTI) The rupee firmed up further from initial gains against the US greenback, gaining 35 paise to 61.05 per dollar today on persistent selling of the American unit by banks and exporters amid bearish dollar overseas and…
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Govt will look into Nokia plant suspension issue, says Nirmala
New Delhi, Oct 8 (PTI) With global giant Nokia announcing suspension of its Chennai mobile plant operations, the Centre on Wednesday said it will look into the issue and make efforts to ensure that such incidents do not occur again.
"We…
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Govt clears 33 long pending defence projects
New Delhi, (PTI) Indian Government has cleared 33 pending defence projects, including those of Reliance Aerospace, Bharat Forge, Mahindra Telephonic Integrated Systems and Tata Advanced Materials, a move that is expected to boost advanced…
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