Search Results for: economic recession

dhanteras-loses-shine-as-high-prices-hit-gold-sales

Dhanteras loses shine as high prices hit gold sales

New Delhi, Nov 02 (ANI): With high gold prices, curb on gold import and economic downturn, the much awaited festival of wealth, ‘Dhanteras’, failed to bring much trade to the jewellers who saw a low turnover of buyers this year. The Hindu festival, which is known to be auspicious for the purchase of precious metals, especially gold, witnessed a unlike slow business for the jewellery shop owners. Infact, unlike the usual trend on the day of this festival, the prices of the yellow metal declined throughout the day, reason being the low demand. Nov 2, 2013
current-account-deficit-target-revised-to-60-billion

Current Account Deficit Target revised to $60 billion

New Delhi, Nov 01 (ANI): Union Finance Minister P Chidambaram on Friday said the country will have a bumper harvest and the Current Account Deficit will come down to $60 billion on back of rising exports and declining gold imports. Nov 1, 2013
bse-closes-points-13-83-up-on-november-1

BSE closes points 13.83 up on November 1

New Delhi, November 1 (ANI): Trading at the Bombay Stock Exchange today closed 13.83 points up to stand at 21,178.35. At the National Stock Exchange the Nifty closed 8.05 points up to stand at 6,307.20. Indian Bank and HDIL were among the top gainers of Group A with an increase of 10.44% and 10.21% along with Apollo Tyres and Union Bank with an increase of 8.58% and 8.30% respectively, while the top losers of Group A include Glenmark Pharma and United Breweries Ltd with a decrease of 4.02% and 3.91% along with Sobha Dev and Power Grid Corporation with a decrease of 3.69% and 3.11% at the close of the markets. The Auto sector is up 146.01 points at 12,220.9 while the banking sector is up 164.4 points at 13,251.33 and the realty sector is up 34.22 points at 1,377.69. The Indian currency is down 0.62% at Rs 61.88 per dollar. Nov 1, 2013
bse-closes-points-107-83-up-on-october-31

BSE closes points 107.83 up on October 31

New Delhi, October 31 (ANI): Trading at the Bombay Stock Exchange today closed 107.83 points up to stand at 21141.80. At the National Stock Exchange the Nifty closed 47.45 points up to stand at 6,299.15. Bank of India and Oriental Bank were among the top gainers of Group A with an increase of 21.26 % and 18.01% along with Allahabad Bank and Indian Bank with an increase of 13.34% and 13.33% respectively, while the top losers of Group A include Suzlon Energy and Prestige Estates with a decrease of 4.90% and 3.82% along with Wockhardt and Sobha Dev with a decrease of 3.72% and 3.51% at the close of the markets. The Auto sector is down 3.60 points at 12,074.90 while the banking sector is up 248.13 points at 13,086.92 and the realty sector is up 9.54 points at 1,343.47. The Indian currency is down 0.29% at Rs 61.41 per dollar. Oct 31, 2013
spain-escapes-recession-in-q3-but-concerns-still-high

Spain escapes recession in Q3 but concerns still high

After the announcement that Spain escaped from a two-year recession in the third quarter of this year, an economist from ICADE Business School in Madrid says the results are positive but Spain's public deficit is still worryingly high. Duration: 0:52 Oct 30, 2013
bse-closes-points-352-42-up-on-october-29

BSE closes points 352.42 up on October 29

New Delhi, Oct 29 (ANI): Trading at the Bombay Stock Exchange today closed 352.42 points up to stand at 20,922.70. At the National Stock Exchange the Nifty closed 119.80 points up to stand at 6,220.90. Mahindra and Mahindra Financial Services Ltd. and Maruti Suzuki were among the top gainers of Group A with an increase of 9.26% and 8.85% along with HDIL and Century Tex with an increase of 7.61% and 7.42% respectively, while the top losers of Group A include Suzlon Energy and Bharti Infratel with a decrease of 4.96% and 2.59% along with Muthoot Finance Ltd. and United Brew-$ with a decrease of 2.39% and 1.81% at the close of the markets. The Auto sector is up 289.56 points at 12,079.58 while the banking sector is up 550.81 points at 12,846.95 and the realty sector is up 31.59 points at 1,327.65. The Indian currency is up 0.14% at Rs 61.39 per dollar. Oct 29, 2013
rbi-raises-repo-rate-by-25-bps-to-7-75-holds-crr

RBI raises repo rate by 25 bps to 7.75%, holds CRR

New Delhi, Oct 29 (ANI): In a bid to anchor inflationary expectations, the Reserve Bank of India on Tuesday hiked the repo rate by 0.25 percent to 7.75 percent in its second quarter monetary policy review. It however, slashed the Marginal Standing Facility (MSF) rate by 0.25 to 8.75 percent. The RBI has left the Cash Reserve Ratio (CRR) unchanged at 4 percent. Oct 29, 2013
bse-closes-points-104-17-down-on-october-28

BSE closes points 104.17 down on October 28

New Delhi, October 28 (ANI): Trading at the Bombay Stock Exchange today closed 104.17 points down to stand at 20,579.35. At the National Stock Exchange the Nifty closed 43.80 points down to stand at 6,101.10. Adani Enterprises Ltd and Muthoot Finance were among the top gainers of Group A with an increase of 6.81% and 4.96% along with Suzlon Energy Ltd. and Shriram City Union Finance Ltd. with an increase of 4.93% and 3.56% respectively, while the top losers of Group A include Union Bank and Future Retail with a decrease of 7.48% and 7.22% along with Indiabulls Real Estate and Jaiprakash Associates with a decrease of 5.52% and 4.93% at the close of the markets. The Auto sector is up 2.18 points at 11,796.53 while the banking sector is down 141.81 points at 12,303.45 and the realty sector is down 29.60 points at 1,294.31. The Indian currency is down 0.07% at Rs 61.50 per dollar. Oct 28, 2013
bjp-on-new-york-times-editorial-on-narendra-modi

BJP on New York Times editorial on Narendra Modi

Allahabad/New Delhi, Oct 28 (ANI): The New York Times has said that BJP’s PM Candidate, Narendra Modi cannot hope to lead India effectively if he inspires “fear” and “antipathy” among many of its people. Reacting to this the BJP said that editorial in New York Times can have their own view but the facts are different in India and the people of the country will decide who will be the able Prime Minster. The editorial, also questioned Modi's economic track record in Gujarat. Oct 28, 2013
jamaat-and-womens-status-in-bangladesh

Jamaat and Women's Status in Bangladesh

Dhaka, Oct 27 (ANI): As other South-Asian nations, Bangladesh too fails to represent women in a fair light and they ultimately face inequalities and other gender related restrictions. According to Senior Diplomatic Editor of The Times of India, Indrani Bagchi, the socio- economic and political status of women in Bangladesh is relatively better than in Afghanistan because of cultural reasons, but a lot more is to be done in this aspect. Bagchi also said that the country is Islamic, but not islamised as other South-Asian nations and therefore women in Bangladesh work to sustain their family. Oct 27, 2013
bse-closes-points-70-42-down-on-october-25

BSE closes points 70.42 down on October 25

New Delhi, October 25 (ANI): Trading at the Bombay Stock Exchange today closed 70.42 points down to stand at 20,655.01. At the National Stock Exchange the Nifty closed 19.45 points down to stand at 6,144.90. Suzlon Energy and Dabur India were among the top gainers of Group A with an increase of 4.98% and 3.37% along with Mcleod Russel India Ltd. and TV18 Broadcast with an increase of 3.21% and 3.14% respectively, while the top losers of Group A include Adani Ports and Adani Enterprises Ltd. with a decrease of 7.24% and 6.51% along with Adani Power and Gitanjali Gems with a decrease of 5.92% and 5.30% at the close of the markets. The Auto sector is down 150.48 points at 11,785.32 while the banking sector is down 27.71 points at 12,433.10 and the realty sector is down 32.15 points at 1,322.54. The Indian currency is down 0.14% at Rs 61.55 per dollar. Oct 25, 2013
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