bse-closes-points-50-40-down-on-dec-17

BSE closes points 50.40 down on Dec 17

New Delhi, Dec 17 (ANI): Trading at the Bombay Stock Exchange today closed 50.40 points down to stand at 20,609.12. At the National Stock Exchange the Nifty closed 15.65 points down to stand at 6,139.05. Financial technologies (India) ltd. and Wockhardt were among the top gainers of Group A with an increase of 10.90% and 10.42% along with Indian Hotels and Cummins India with an increase of 4.98% and 4.78% respectively, while the top losers of Group A include Sobha Developers Ltd. and HDFC Bank with a decrease of 3.75% and 3.61% along with Syndicate Bank and IOB with a decrease of 3.16% and 3.10% at the close of the markets. The Auto sector is up 10.11 points at 11,960.40 while the banking sector is down 207.64 points at 12,755.30 and the realty sector is down 8.82 points at 1,331.49. The Indian currency is down 0.29% at Rs 61.91 per dollar. Dec 17, 2013
france-algeria-focus-on-growing-economic-cooperation

France, Algeria focus on growing economic cooperation

French Prime Minister, Jean Marc Ayrault, met with his counterpart Algerian counterpart, Abdelmalek Sellal, on Monday after laying a wreath at the Memorial for the Martyrs, a monument commemorating the Algerian War of Independence. Duration: 00:55 Dec 16, 2013
pope-francis

No Woman Clerics, No Marxism: Pope Francis

The ultra conservatives critics such as Rush Limbaugh had accused Pope Francis of being a Marxist. "This is just pure Marxism coming out of the mouth of the Pope," Rush Limbaugh said in his radio show in early December. Dec 16, 2013
bse-closes-points-191-08-down-on-dec-13

BSE closes points 191.08 down on Dec 13

New Delhi, Dec 13 (ANI): Trading at the Bombay Stock Exchange today closed points 191.08 down to stand at 20,734.53. At the National Stock Exchange the Nifty closed 68.65 points down to stand at 6,168.40. Aurobindo Pharma and IPCA Lab were among the top gainers of Group A with an increase of 4.35% and 2.87% along with Tata Motors and Oberoi Realty with an increase of 2.61% and 1.77% respectively, while the top losers of Group A include Jet Air India and Torrent Power with a decrease of 7.29% and 6.09% along with Wockhardt and Jaiprakash Associates with a decrease of 6.08% and 5.44% at the close of the markets. The Auto sector is down 6.54 points at 12,047.11 while the banking sector is down 314.49 points at 12,953.52 and the realty sector is down 26.70 points at 1,341.86. The Indian currency is down 0.57% at Rs 62.16 per dollar. Dec 13, 2013
raghuram-rajan-admits-to-low-growth-rate-higher-inflation

Raghuram Rajan admits to low growth rate & higher inflation

Kolkata, Dec 13 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that the growth rate of the economy was weaker but inflation was higher than desired. Rajan on Thursday, said that data showed a sharply higher food prices in the country. Rajan added the RBI would take all data into account and that the RBI was "very uncomfortable" with the current level of inflation. The RBI also warned regulators to be vigilant against ponzi schemes. Dec 13, 2013
kenya-marks-50-years-of-freedom-with-challenges-ahead

Kenya marks 50 years of freedom with challenges ahead

Kenyans marked half a century of independence from Britain on Thursday, celebrating progress of the regional economic powerhouse but also struggling to shake off a legacy of corruption, inequality and ethnic violence. Duration: 0:48 Dec 13, 2013
indian-infant-deaths-high-but-falling-steadily-census

Indian infant deaths high but falling steadily: census

Millions of women struggle to keep their babies alive in India, but figures from the census office suggests that after 15 years of booming economic growth and explosive modernisation, India may finally be turning the corner. Duration: 00:33 Dec 12, 2013
more-data-needed-to-be-confident-on-economic-pick-up-raghuram-rajan

More data needed to be confident on economic pick-up: Raghuram Rajan

Kolkata, Dec 12 (ANI): RBI chief, Raghuram Rajan has stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the rupee's fall is yet to kick in. Rajan stated this while addressing the ‘5th National Conference on Leadership’ in Kolkata. Rajan added that the rupee has stabilised "somewhat", but said there is no room for complacency. He also called on the government to continue its efforts to contain the fiscal deficit and said raising subsidised diesel prices to market levels would help. Dec 12, 2013