market

Beijing, Feb 17: The central parity rate of the Chinese currency renminbi (yuan) weakened by 107 basis points to 6.5237 against the US dollar on Wednesday, according to the China Foreign Exchange Trading System. In China's spot foreign…

Washington, Jan 16: The US retail giant Walmart Stores, Inc. on Friday announced plans to close 269 stores and lay off 16,000 employees, 6,000 of them outside the US. In a news release, the Bentonville, Arkansas-based company said it would…

On the fifth day of MSME Trade Fair 2016, a seminar on ‘Strategy for Augmentation of Export from Odisha’ was inaugurated by F.M Nayak, Additional secretary, MSME Depatment of Odisha. He stressed on the need to support and create awareness…

New York, Nov 6: Oil prices continued to fall on Thursday as the market expected global supplies exceeded demand. The West Texas Intermediate for December delivery moved down $1.12 to settle at $45.2 a barrel on the New York Mercantile…

New Delhi, Nov 5: The Indian data centre infrastructure market will witness a 5.2 percent increase from 2015, totalling $2 billion in 2016, according to a new forecast from market research firm Gartner. "Within the Indian IT…

Stockholm, Nov 4: Automaker Volvo Cars on Tuesday reported a global sales hike in October as dealers in the US had an especially strong month. The company sold nearly 46,000 cars in all markets, a 12.6-percent increase on the same month in…

Mumbai, Oct 30: The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Friday closed 181.31 points, or 0.68 percent, down due to subdued quarterly earnings by some key corporates. The 30-scrip Sensex, which opened at 26,878.48…

Mumbai, Oct 3: A massive monetary easing, coupled with a major resolution of tax disputes and the strengthening rupee value buoyed the Indian equity markets in the just-concluded weekly trade. However, a substantial portion of gains were…

Kolkata, Oct 2: Backed by huge discounts and the rising use of smartphones, the Indian e-commerce market is poised to grow 36 percent during the 2015-20, a new report has said. According to a recent report from Canada based TechSci…