Search Results for: economic recession

bse-closes-points-71-16-down-on-dec-10

BSE closes points 71.16 down on Dec 10

New Delhi, Dec 10 (ANI): Trading at the Bombay Stock Exchange today closed points 71.16 down to stand at 21249.80. At the National Stock Exchange the Nifty closed 31.05 points down to stand at 6,322.85. Hindustan Zinc and Oberoi Realty were among the top gainers of Group A with an increase of 7.03% and 5.21% along with Indian Hotels Company Ltd. and MRF Ltd with an increase of 5.05% and 4.54% respectively, while the top losers of Group A include NTPC and Torrent Power Ltd. with a decrease of 11.26% and 4.83% along with Adani Power Ltd. and Jaypee Infratech Ltd. with a decrease of 4.43% and 4.40% at the close of the markets. The Auto sector is down 11.03 points at 12,455.14, while the banking sector is down 244.17 points at 13,510.63 and the realty sector is down 20.76 points at 1,380.42. The Indian currency is down 0.04% at Rs 61.16 per dollar. Dec 10, 2013
uk-shifts-focus-to-smaller-indian-cities-for-trade

UK shifts focus to smaller Indian cities for trade

New Delhi, Dec 10 (ANI): Britain’s business secretary Vince Cable has said that his country is keen on exploring trade and investment opportunities in India’s non-metropolitan cities. Cable, made this statement at the 9th meeting of India-UK joint Economic & Trade Committee (JETCO) in New Delhi. Cable also said that his country was ready to welcome Indian students for pursuing higher education. Meanwhile, trade minister, Anand Sharma, expressed his satisfaction over the progress of the joint-trade ventures between New Delhi and London. Dec 10, 2013
the-honda-urban-suv-concept-is-displayed-at-the-north-american-international-auto-show-in-detroit-michigan-on-january-14-2013

Top 5 SUVs to Watch Out for in 2014

The year 2013 turned to be a disappointment for India's automobile industry as the market reeled under the impact of slow demand. The economic crisis, rising fuel and input costs put a halt in the domestic car market which is already faced with declined growth and a sentimental skid. Dec 10, 2013
voting-in-elections-representational-image

2014 Elections not About Modi or Rahul, but About Aam Aadmi

In times when a wafer-thin majority can make all the difference, it will be the Lilliputian such as AAP that will give hope to democracy. But the decline of Indian democracy actually started in 1952, with Indian National Congress (INC) coming to power as a political party. Dec 10, 2013
sensex-up-by-360-points-bjps-assembly-poll-results-responsible-expert

Sensex up by 360 points, BJP's Assembly poll results responsible: Expert

Mumbai, Dec 09 (ANI): The BSE Sensex rose to a record high on Monday and the rupee hit a four-month high in effect to the BJP, who swiped all 3 Assembly polls and leaving positive expectations in Delhi too, said Market Expert Sunil Shah. Shah said that BJP, symbolized by Narendra Modi represents development and supports investment and progress which has caused such impact on the market trends. He also said that if it continues, NDA will form government in the upcoming general elections. Dec 9, 2013
congress-goes-down-economy-comes-up-balbir-punj

Congress goes down, economy comes up: Balbir Punj

New Delhi, Dec 09 (ANI): BJP leader, Balbir Punj on Monday said that the there is an inverse relation of Congress and the economic trends and with Sensex going up by 400 points, one fact has been undermined that with Congress been given a thrashing yesterday, the economy seems to be picking up. He also said that the more the Congress goes down, the economy will come back. He further said that there will be a complete transformation in coming 4-5 months. Dec 9, 2013
political-unrest-strikes-bangladesh-as-protests-turn-violent-ahead-of-elections

Political unrest strikes Bangladesh, as protests turn violent ahead of elections

Dhaka, Dec 08 (ANI): Violence gripped Bangladesh as protests and a series of shutdowns with transport blockades led by the main opposition party BNP, demanding next year's election be held under a non-party administration, took a toll on the country's economic growth. A human rights activist in Bangladesh, Khushi Kabir in Dhaka held BNP responsible for their irresponsible programmes sparking violence in the country. Commenting over political uncertainty, Kabir said that a non-party caretaker government was not the solution. Trading guns at Jamaat-e-Islami, Kabir said that the leaders of the Islamist party should also be arrested. Dec 8, 2013
bse-closes-points-81-87-up-on-dec-6

BSE closes points 81.87 up on Dec 6

New Delhi, Dec 6 (ANI): Trading at the Bombay Stock Exchange today closed 81.87 points up to stand at 21,039.68. At the National Stock Exchange the Nifty closed 18.80 points up to stand at 6,259.90. Oriental Bank and Tata Power were among the top gainers of Group A with an increase of 8.01% and 6.35% along with Amara Raja and UCO Bank with an increase of 5.00% and 4.92% respectively, while the top losers of Group A include Mahindra and Mahindra Financial Services Ltd. and Gujarat State Petronet Ltd. with a decrease of 2.39% and 2.11% along with Future Retail and Godrej Consumer Products Ltd. with a decrease of 2.09% and 1.84% at the close of the markets. The Auto sector is up 50.23 points at 12,292.04, while the banking sector is up 133.56 points at 13,431.82 and the realty sector is up 4.22 points at 1,367.04. The Indian currency is up 0.22% at Rs 61.62 per dollar. Dec 6, 2013
india-needs-to-develop-strong-domestic-base-in-telecommunications-electronics-pm

India needs to develop strong domestic base in telecommunications, electronics: PM

New Delhi, Dec 5 (ANI): Prime Minister Manmohan Singh on Thursday emphasized on the need to develop strong domestic manufacturing base in electronics and telecommunications with an aim to avoid difficulties in financing huge imports. Singh, while inaugurating the 8th edition of 'India Telecom 2013', said that telecom sector has contributed significantly to country's economic growth and has created valuable employment opportunities. During the conference, Singh also said that telecommunications has the potential to reduce socio-economic disparities. Singh also said that the government aimed to provide reliable and affordable broadband access to rural and remote areas. Dec 5, 2013
bse-closes-points-125-66-down-on-dec-4

BSE closes points 125.66 down on Dec 4

New Delhi, Dec 04 (ANI): Trading at the Bombay Stock Exchange today closed 125.66 points down to stand at 20729.26. At the National Stock Exchange the Nifty closed 40.90 points down to stand at 6,160.95. Adani Power and Dish TV India were among the top gainers of Group A with an increase of 6.39% and 3.89% along with JP Power and Tata Power with an increase of 3.12% and 2.87% respectively, while the top losers of Group A include Unitech and Eicher Motors with a decrease of 9.54% and 4.34% along with HDIL and RAMCOCEM with a decrease of 4.20% and 3.91% at the close of the markets. The Auto sector is down 128.42 points at 12,196.72, while the banking sector is down 37.26 points at 12,769.02 and the realty sector is down 36.80 at 1,342.99. The Indian currency is up 0.06% at Rs 62.32 per dollar. Dec 4, 2013
bse-closes-points-41-88-down-on-dec-3

BSE closes points 41.88 down on Dec 3

New Delhi, Dec 3 (ANI): Trading at the Bombay Stock Exchange today closed 41.88 points down to stand at 20,856.13. At the National Stock Exchange the Nifty closed 16.00 points down to stand at 6,201.85. Mcleod Russel and Unitech were among the top gainers of Group A with an increase of 7.21% and 5.44% along with Sun TV Network and Bajaj Finance Ltd. with an increase of 5.27% and 5.00% respectively, while the top losers of Group A include Bank of India and Apollo Tyres with a decrease of 3.47% and 3.46% along with Emami-$ and IRB Infra with a decrease of 3.35% and 2.98% at the close of the markets. The Auto sector is down 72.94 points at 12,304.89, while the banking sector is down 61.56 points at 12,816.63 and the realty sector is up 16.95 at 1,379.79. The Indian currency is down 0.02% at Rs 62.33 per dollar. Dec 3, 2013
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