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Value buying buoys markets, BSE Sensex closes 139 Points up
Mumbai, Oct 6: Value buying after a sharp correction during intra-day trade buoyed prices and propelled a barometer index of the Indian equity markets to provisionally close with a gain of 139 points or 0.52 percent on Tuesday.
Profit…
Bosch Ltd to invest Rs.650 crore in India
Bengaluru, Oct 6: Global automotive major Bosch Ltd would invest Rs.650 crore (100 million euros) this year on its innovation network in India, a top company official told Prime Minister Narendra Modi and German Chancellor Angela Merkel on…
PM Modi woos German firms to invest, Make in India
Bengaluru, Oct 6: Prime Minister Narendra Modi on Tuesday exhorted German industry to invest and make in India for a growing domestic market and huge export markets the world over.
"We want your involvement in translating our dreams into…
China Slowdown won’t impact Indian Economy says Jaitley
New York, Oct 6: India's Finance Minister Arun Jaitley has said that the slowdown in the Chinese economy is not going to impact his country and India could become the "additional shoulder" the global economy needs to stand on.
"We are…
US Stocks extend gains as Rate-hike fears ease
New York, Oct 6: The US stocks surged for a second straight session on Monday as Wall Street believed that the possibility for the US Federal Reserve to raise interest rates this year becomes lower after a poor jobs report.
The Dow Jones…
French Stock Market index CAC 40 up 3.54 Percent
Paris, Oct 6: The French stock market benchmark index CAC 40 gained an advance of 3.54 percent to close at 4,616.90 points on Monday, up 158.02 points.
The CAC 40 of Paris was encouraged to close higher on Monday with all of the 40…
Jaitley blames 1971 Mindset for lost opportunities of Last Decade
New York, Oct 6: India's Finance Minister Arun Jaitley blamed the mindset of 1971 that believed in slogans and redistribution rather than growth and higher productivity for the lost opportunities of the last decade and said India is trying…
Indian Rupee touches seven week high; closes at 65.28
Mumbai, Oct 5: Lessened chances of a US rate hike and subsequent weakness in the dollar value buoyed the Indian rupee to close at a seven-week high of 65.28 on Monday.
The rupee last breached the 65.27-28 level on August 19. The Indian…
BSE Sensex zooms 583 Points on low chances of a US Rate hike
Mumbai, Oct 5: Lessened chances of a US rate hike coupled with a strengthening rupee cheered investors and led a barometer index of the Indian equity markets to provisionally close over 583 points up on Monday.
Other factors that pushed…
Fiscal Tax Collection to fall short of Target: Official
New Delhi, Oct 5: The government on Monday said that with a subdued direct tax outlook, it expects revenue collection in the current fiscal to fall short by around Rs.50,000 crore, which would partly be made up by buoyant indirect taxes.…