New Delhi, March 16 India’s annual rate of inflation, based on wholesale prices, declined further to (-) 2.06 percent for February from (-) 0.39 percent for the month before thanks to a 14.72 percent drop in the index for petroleum fuels and power, official data showed Monday. Among the other two major indices, the index […]
Mumbai, March 15 With over 99 percent of permitted investment levels for overseas investors already exhausted, the Bombay Stock Exchange (BSE) will on Monday auction investment limits for government debt securities worth Rs.893 crore. The BSE, in a circular, said the auction will take place on its “ebidxchange” platform between 3.30 p.m. and 5.30 p.m. […]
Mumbai, March 14 India’s foreign exchange reserves decreased by $286.3 million to $337.79 billion for the week ended March 6, Reserve Bank of India (RBI) data showed. The reserves had increased by $3.88 billion to $338.07 billion for the previous week ended Feb 27. In the week ended Feb 20 the reserves were up by […]
Mumbai, March 14 Negative global cues and disappointing retail inflation data, led a benchmark index of Indian equities markets to its worst weekly fall in 2015. The barometer index of the Indian equities market, the benchmark 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) plunged 945.65 points or 3.21 percent during the […]
Tasmania’s economy will receive a $40 million injection and more than 400 new jobs will be created thanks to the $13 million Australian Government Innovation and Investment Fund and $27 million in matching investment by local businesses. Minister for Industry and Science Ian Macfarlane said,”Forty one businesses across the State will receive from $50,000 to […]
Washington, March 11 Louisiana’s Indian-American governor Bobby Jindal has jumped into a war of words between the White House and Senate Republicans over a letter to the government of Iran on a potential deal over its nuclear programme. Jindal, who is testing the waters for a 2016 presidential run, issued a call on Tuesday for […]
-By Killugudi Jayaraman Bengaluru, March 10 Cold fusion, a revolutionary source of energy — discovered 25 years ago but was cold-shouldered by mainstream physicists — is now staging a comeback thanks to researchers who doggedly pursued the science behind it. In a set of 34 peer-reviewed articles published recently in the journal “Current Science”, nuclear […]
New Delhi, March 9 Larsen and Toubro and Pipavav Defence, in which Reliance Infrastructure of Anil Ambani Group is acquiring a majority stake, have been shortlisted for the Rs.60,000-crore potential contract to build six submarines for the Indian Navy, sources said Monday. “Project 75i, as we call it, is for purchasing six next-generation submarines with […]
Mumbai, March 9 A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), plunged 327.55 points or 1.11 percent as banking stocks plummeted on Monday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 104.55 points or 1.17 percent down at 8,833.20 points. The Sensex of the S&P […]
-By Jaideep Sarin Chandigarh, March 8 Thousands of people may have driven out of Chandigarh’s Sunday car bazaar with their newly-acquired possessions in the past three decades, but the well-known used car market of the region is still looking to park itself in a permanent space to carry out its business. Car dealers operating from […]