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BSE Sensex provisionally closes in the Red
Mumbai, Nov 6: A benchmark index of Indian equities markets provisionally closed marginally in the red on Friday.
Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) ended the day's trade flat. It was inched down by…
JAM is for better targeting of subsidies: Jaitley
New Delhi, Nov 6: Explaining philosophy behind the government's JAM (Jan Dhan-Aadhaar-Mobile) initiative, Finance Minister Arun Jaitley on Friday said the question was whether to continue subsidies indefinitely with an unquantified amount…
Air India expected to post Rs.6 crore Operating Profit
New Delhi, Nov 6: National passenger carrier Air India is expected to post an operating profit of Rs.6 crore for the current fiscal, a senior civil aviation ministry official said on Friday.
The operating profit or earnings before…
Cuba opens Doors to US Investors
Havana, Nov 6: Cuba has allowed US tractor company Cleber to set up a manufacturing centre in its special economic development zone of Mariel (ZEDM), making it the first US business to enter the country in over half a century.
Cleber…
US Dollar rises on Rate Hike Expectation
New York, Nov 6: The US dollar rose against most major currencies as recent remarks by Federal Reserve officials bolstered market speculation for an interest-rate hike by year-end.
In late New York trading on Thursday, the euro rose to…
Indian Markets on Positive Road (Sensex)
Chennai, Nov 6: The 30-scrip Sensitive Index (Sensex) on Friday turned positive after opening at a lower note during the morning session of the trade.
The S&P Sensex of the Bombay Stock Exchange (BSE) after opening at 26,284.01…
Indian Economy Better Placed Today, reforms will be Pursued: Modi
New Delhi, Nov 6: Prime Minister Narendra Modi on Friday said almost every key indicator of the Indian economy was better placed today than 17 months ago when his government took office, and that reforms will be pursued in the right…
Acer Turns Serious about Smartphones, starts Manufacturing in India
New Delhi, Nov 6: Taiwanese electronics giant Acer on Thursday launched two smartphones -- Liquid 630s and Liquid 530 -- at Rs.10,999 and Rs.6,999 respectively in an exclusive partnership with Flipkart.
The company reiterated it was…
Highlights of Power Distribution Companies Debt Restructure Plan
New Delhi, Nov 6: The government on Thursday approved a mega financial revival plan for the power distribution companies involving states, banks, electricity generation firms and Coal India.
The salient features of the mega revival plan…
Government joins Monetary Framework with RBI to curb Inflation: Modi
New Delhi, Nov 6: Prime Minister Narendra Modi on Friday said that the government has for the first time entered into a monetary framework with the Reserve Bank of India (RBI) to curb inflation.
"We embarked on a course of fiscal…