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Railways to develop three dedicated freight corridors

New Delhi, Feb 25 (IANS) Focusing on the development of railway freight corridors, union Railway Minister Suresh Prabhu on Thursday announced the development of the Delhi-Chennai, Kharagpur-Mumbai and Kharagpur-Vijayawada freight corridors on a priority basis….



US stocks tick up as oil rebounds

New York, Feb 25 (IANS) US stocks reversed early sharp losses to end higher as signs of stabilization in oil prices soothed anxious investors. The Dow Jones Industrial Average rose 53.21 points, or 0.32 percent,…


HUDCO loans Rs 90 crore to AP

New Delhi, Feb 24 (PTI) The state-owned Housing and Urban Development Corporation (HUDCO) has sanctioned a loan of Rs 90 crore for the Andhra Pradesh Capital Region Development Authority (APCRDA), Lok Sabha was told today….


Oil prices recover on mixed data

New York, Feb 25 (IANS) Oil prices increased as US crude data came out mixed. US crude supplies of last week added 3.5 million barrels to 507.6 million barrels, 73.5 million barrels more than one…


US dollar mixed on soft data

New York, Feb 25 (IANS) The US dollar traded mixed against other major currencies as the economic data from the country came out worse than expected. In late New York trading on Wednesday, the euro…


British FTSE 100 decreases

London, Feb 25 (IANS) FTSE 100 Index, British benchmark stock market gauge decreased by 1.60 percent, or 95.13 points, to 5,867.18 points. Share price of Persimmon increased by 2.27 percent, topped the gainers of the…



US stocks open lower as oil extends losses

New York, Feb 24 (IANS) US stocks opened lower on Wednesday as the continued decline in oil prices dampened investor sentiment. Oil prices kept falling in early trading Wednesday, with US oil dropping about 4…





Fears of spending cuts dent railway stocks

Mumbai, Feb 24 (IANS) Fears of spending cuts, coupled with lower revenue realisation in the upcoming railway budget dented the sector specific stocks on Wednesday. According to market observers, stocks of companies associated with the…