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China’s defence budget hike a rational move: Xinhua

Beijing, March 5 (IANS) China raising its defence budget is a rational move in favour of economic development, said a commentary in state-run news agency Xinhua on Saturday. The commentary “China’s military spending growth rational,…









1.29 lakh rural post offices to go digital

New Delhi, March 4 (IANS) As part of its modernisation project, the postal department would digitise 129,323 rural post offices across the country by March 2017, parliament was told on Friday. “The government has approved…




Gold up on weaker US dollar

Chicago, March 5 (IANS) Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the US dollar showed weakness. The most active gold contract for April delivery rose $12.5,…



Oil prices gain amid upbeat job data

New York, March 5 (IANS) Oil prices rose on Friday as newly-released jobs US report came out better-than-expected. Total non-farm payroll employment increased by 242,000 in February, topping market expectations, and the unemployment rate was…