Search Results for: economic recession

international-inspections-reveal-safety-gaps-in-bangladesh-garment-factories

International inspections reveal safety gaps in Bangladesh garment factories

New Delhi, March 17 (ANI): Almost a year after the fatal garment factory collapse at Rana Plaza in Dhaka, where more than 1,100 died, a new survey after international inspections has discovered that the majority of factories in the country still need to considerably improve conditions for workers. The garment industry has been a huge factor in the economic growth of Bangladesh and for its fast developing economy. However, the Rana Plaza tragedy 2013 and the Tazreen factory fire in 2012 brought the working and safety conditions of the industry into spotlight. As a result, stunned European makers got together and signed an accord. It said that retailers who signed up are committed to the goal of a safe and sustainable Bangladeshi Readymade Garment industry. However, inspections of 10 garment factories revealed little changes. Clogged ceilings, exposed wires, few fire alarms, jammed emergency exits and even an unauthorized helicopter pad were some of the discoveries for the survey team. Managing Director of a leading garments manufacturing company, Mohammadi Group, Rubana Huq, said that safety experts had began initial inspections in the garment factories in Bangladesh and that a helpful action plan needed to be followed genuinely. Mar 17, 2014
bse-closes-points-22-55-up-on-march-14

BSE closes points 22.55 up on March 14

New Delhi, March 14 (ANI): Trading at the Bombay Stock Exchange today closed 22.55 points up to stand at 21,797.16. At the National Stock Exchange the Nifty closed 11.10 points up to stand at 6,504.20. Crompton Greaves Ltd. and Gujarat Mineral Development Corporation Ltd. were among the top gainers of Group A with an increase of 5.12% and 4.08% along with DLF and Adani Enterprises Ltd. with an increase of 4.04% and 3.80% respectively, while the top losers of Group A include L&T Finance Holdings and Financial Tech with a decrease of 6.19% and 4.15% along with MCX and Thermax with a decrease of 4.47% and 3.57% at the close of the markets. The Auto sector is up 134.24 points at 12,823.17 while the banking sector is down 86.41 points at 13,763.44 and the realty sector is up 14.10 points at 1,387.99. The Indian currency is down 0.06% at Rs 61.13 per dollar. Mar 14, 2014
eu-hopes-economic-woes-key-as-serbs-go-to-polls

EU hopes, economic woes key as Serbs go to polls

Serbs will vote in snap polls on Sunday with the ruling Serbian Progressive Party (SNS) tipped to capitalise on a wave of public support after opening membership talks with the European Union. Duration: 01:35 Mar 13, 2014
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Sonam and Ayushmann promote Bewakoofiyan

Mumbai, Mar 13 (ANI): Bollywood diva, Sonam Kapoorand VJ turned actor Ayushmann Khurana promoted their upcoming romantic comedy movie 'Bewakoofiyan' in a fun filled and lively interaction with mediapersons in Mumbai. Speaking about the film, Ayushmann said that the film, a love story, is set in times of recession where he is jobless and his co-star, Sonam has a job and earns more than him. Meanwhile, Sonam spoke about the utmost similarity that existed between the onscreen character played by her in the film and how she is in real life. Mar 13, 2014
bse-closes-points-89-65-down-on-march-11

BSE closes points 89.65 down on March 11

New Delhi, March 11 (ANI): Trading at the Bombay Stock Exchange today closed 89.65 points down to stand at 21,845.18. At the National Stock Exchange the Nifty closed 25.35 points down to stand at 6,511.90. Engineers India and Thermax were among the top gainers of Group A with an increase of 6.39% and 5.37% along with IRB Infra and Reliance Infra with an increase of 5.25% and 5.00% respectively, while the top losers of Group A include Tata Steel and Financial Tech with a decrease of 5.64% and 4.99% along with Wockhardt and Crompton Greaves Ltd. with a decrease of 4.92% and 4.55% at the close of the markets. The Auto sector is down 98.31 points at 12,687.76 while the banking sector is down 26.85 points at 13,799.88 and the realty sector is up 28.75 points at 1,421.90. The Indian currency is down 0.05% at Rs 60.82 per dollar. Mar 11, 2014
sensex-hits-all-time-high-of-22000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 22000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 11, 2014
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Rajnath Singh blames Congress faulty economic policies for poverty

Jabalpur, March 11 (ANI): BJP President Rajnath Singh flayed ruling Congress party for faulty economic policies and said they have not been able to control poverty in the country. Singh was speaking at a rally in Jabalpur city of Madhya Pradesh. He also said that Congress Vice-President Rahul Gandhi should take back his recent remark where he accused Rashtriya Swayamsevak Sangh (RSS) of killing Father of the Nation Mahatma Gandhi, in 1948. Earlier, while addressing a rally in Maharashtra, Gandhi had blamed RSS for the assassination of Mahatma Gandhi. Mar 11, 2014
bse-closes-points-10-40-up-on-march-10

BSE closes points 10.40 up on March 10

New Delhi, March 10 (ANI): Trading at the Bombay Stock Exchange today closed 10.40 points up to stand at 21,930.19. At the National Stock Exchange the Nifty closed 10.60 points up to stand at 6,537.25. Oberoi Realty and Shriram Transport Finance Co.Ltd. were among the top gainers of Group A with an increase of 10.07% and 7.17% along with Gujarat Mineral Development Corporation Ltd. and IDFC with an increase of 7.14% and 7.01% respectively, while the top losers of Group A include Prestige Estates and Glaxosmithkline Pharmaceuticals Ltd. with a decrease of 5.71% and 5.43% along with Glenmark Pharmaceuticals Ltd. and TCS with a decrease of 3.79% and 3.60% at the close of the markets. The Auto sector is up 64.14 points at 12,785.58 while the banking sector is up 259.50 points at 13,826.73 and the realty sector is up 33.58 points at 1,393.15. The Indian currency is down 0.10% at Rs 60.98 per dollar. Mar 10, 2014
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Ethnic Dhimal community threatens not to cast vote in LS polls

Darjeeling, March 09 (ANI): Ethnic Dhimal community residing in Maoists inflicted area of West Bengal on Sunday threatened not to cast their vote in the upcoming general elections on account of not being recognized as a tribe. The Dhimal community resides in Ketugaborjote village near Darjeeling district. They claim that they are facing economic problems and receive no support from the government. Many of them had to give up on education due to shortage of money and are working outside Bengal, some in Kerala and some in Delhi as daily labour. They are still recognized as Other Backward Classes (OBC). The people here have refused to wait unless they avail the ‘tribal’ status. Mar 9, 2014
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