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US stocks jump ahead of Fed statement
New York, Dec 16: US stocks extended gains as Wall Street awaited the statement after the conclusion of Federal Reserve's two-day meeting on Wednesday.
The Dow Jones Industrial Average rose 156.41 points, or 0.90 percent, to 17,524.91…
Petrol price cut by 50 paise a litre, diesel by 46 paise
New Delhi, Dec 16: With the Indian basket of crude oils going below $35 a barrel, state-run Indian Oil Corp (IOC) on Tuesday announced price cuts on petrol by 50 paise a litre, and of diesel by 46 paise in Delhi, with corresponding decrease…
Snapdeal launches multi-lingual platform
New Delhi, Dec 15: To enable its customers overcome language barriers and shop online in their preferred regional language, online market place Snapdeal on Tuesday launched its multilingual interface, a company statement said here. From…
Air India begins Ahmedabad-London flight via Mumbai
New Delhi, Dec 15: National passenger carrier Air India on Tuesday commenced its maiden flight from Ahmedabad to London via Mumbai, making it the first domestic airline to offer direct connection between the two destinations.
The airline…
Sri Lanka’s Bank Employees protest Budget Proposals
Colombo, Dec 15: Thousands of employees from Sri Lanka's banking sector held a demonstration on Tuesday against the government's maiden budget for 2016. Over 10,000 employees from state and private sector banks protested in Colombo's…
No more photo auto-sync feature on Facebook
New York, Dec 15: Facebook is going to discontinue its auto-sync feature in a month and will suggest that users download its photo-specific Moments app instead, TechCrunch reported. Starting January 10, Facebook will replace its "Synced…
Toshiba mulls cutting 7,000 Jobs
Tokyo, Dec 15: Japanese tech giant Toshiba is considering cutting down around 7,000 jobs, especially in its consumer electronics division, and also unload stakes in two of its subsidiaries to sort out its accounts. The most affected…
Australian Firm to open 50 centres to Train Nurses
Thiruvananthapuram, Dec 15: Health Careers International (HCI), an Australian provider of education, on Tuesday said it would open 50 centres in India, starting with Kerala, to train nurses. The first such centre would be opened in Kochi in…
US stocks rebound ahead of Fed Policy meeting
New York, Dec 15: The US stocks ended higher after volatile trading on Monday ahead of the Federal Reserve's policy meeting scheduled to begin on Tuesday.
The Dow Jones Industrial Average fell 48.27 points, or 0.28 percent, to 17,216.94.…
VAT exemption for LED bulbs in Uttar Pradesh
Lucknow, Dec 15: The Uttar Pradesh government has decided to exempt LED bulbs from value added tax (VAT), an official said on Tuesday.
Pointing out that use of LED bulbs was a good way to minimise power demand and consumption, Chief…