New Delhi, Feb 23 (IANS) Economists surveyed by Ficci have said the upcoming union budget must strengthen the domestic capital expenditure cycle towards boosting growth, the industry chamber said on Tuesday. “Participating economists in Ficci’s…
Mumbai, Feb 23 (IANS) Caution-selling, combined with profit-booking and negative global indices, dragged the Indian equity markets lower on Tuesday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE closed the day’s trade down…
Abu Dhabi, Feb 23 (IANS/WAM) Flag carrier of the United Arab Emirates (UAE), Etihad Airways has been presented with the Best Finance Transformation Award in 2015 by a leading US-based company specialising in enterprise innovation….
New Delhi, Feb 23 (IANS) With Prime Minister Narendra Modi promising tax cuts and a $1.5-billion fund for India’s start-up eco-system, young entrepreneurs hope that the Budget 2016-17 will have some concrete steps to foster…
Tokyo, Feb 23 (IANS) Japan shares ended the trading Tuesday lower by erasing gains in the morning session as sentiment here brought by rising oil prices was weighed by the Japanese yen’s advance that triggered…
Bejing, Feb 23 (IANS) Chinese stocks closed lower on Tuesday, with the benchmark Shanghai Composite Index down 0.81 percent, at 2,903.33 points. The smaller Shenzhen index closed 0.69 percent lower at 10,299.67 points, Xinhua reported….
By Vinod Behl With a focus on strengthening the economy, improving the investment climate with more public spending, boosting infrastructure and spurring demand and growth, the government may have little fiscal room in the national…
Seoul, Feb 23 (IANS) South Korea’s export volume posted the biggest monthly decline in almost seven years in January, boosting widespread worries about the export-driven economy, central bank data showed on Tuesday. The export volume…
Mumbai, Feb 23 (IANS) Caution-selling, combined with profit-booking and negative global indices, dragged the Indian equity markets lower during the mid-afternoon trade session on Tuesday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE…
New Delhi, Feb 23 (IANS) Ahead of India’s budget for the next fiscal, Moody’s Investors Service on Tuesday said the country’s fiscal position will remain weaker than other emerging economies in the near term even…
Tokyo, Feb 23 (IANS) Japan shares erased gains in the morning session and ended mixed by the break on Tuesday as sentiment here, although boosted by the rising oil prices, was held by the yen’s…
Mumbai, Feb 23 (IANS) Caution selling, combined with profit booking and negative Asian indices dragged the Indian equity markets lower during the early morning trade session on Tuesday. Market analysts cited, caution selling at the…
Beijing, Feb 23 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, lost 108 basis points to 6.5273 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…
Beijing, Feb 23 (IANS) Chinese stocks opened mixed on Tuesday, with the benchmark Shanghai Composite Index down 0.05 percent, at 2,925.71 points. The smaller Shenzhen index opened 0.03 percent higher at 10,374.36 points, Xinhua news…
Tokyo, Feb 23 (IANS) Tokyo shares opened the trading Tuesday higher following overnight gains in the US equity market and the rise in oil prices. At 9.15 a.m., the 225-issue Nikkei Stock Average gained 184.66…
New York, Feb 23 (IANS) The US stocks ticked up in the morning session on Monday, as a strong rebound in oil prices boosted Wall Street sentiment. By midday, the Dow Jones Industrial Average surged…
Frankfurt, Feb 23 (IANS) The benchmark DAX index at Frankfurt Stock Exchange on Monday went up by nearly 200 points and closed at 9,573.59 points. Oil prices hiked and the exchange rate of euro plunged,…
Madrid, Feb 23 (IANS) The Spanish stock market index Ibex 35 rose 2.35 percent on Monday to close at 8,387 points, up from the 8,194.20 points of Friday. ArcelorMittal shares led rises climbing 7 percent,…
New York, Feb 22 (IANS) US stocks opened higher on Monday as a strong rebound in oil prices boosted Wall Street sentiment. Oil prices traded sharply higher in early trading Monday, with the US oil…
Rome, Feb 22 (IANS/AKI) The European Union should punish central and Eastern European countries which refuse to take in asylum seekers by cutting their funding, Italian Premier Matteo Renzi said on Monday. “If you don’t…