Profit booking, coupled with heightened chances of a US rate hike and a weak rupee subdued the Indian equity markets during the early morning trade session on Monday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE traded marginally in the red. The wider 50-scrip Nifty of the National Stock Exchange (NSE) traded flat. […]
Chandigarh, India and France committed themselves to closer ties, especially in business and combating terrorism, just hours after French President Francois Hollande began his three-day visit to India here on Sunday and Prime Minister Narendra Modi broke protocol to welcome him. Addressing the India-France Business Summit, Modi said India and France had huge potential to […]
New Delhi, Saudi Arabia has stepped up its economic engagement with India with yet another business delegation of nearly 50 members set to visit the country from December 13-18 to expore opportunities in diverse areas from retail to realty, officials here said. Led by Kamel S. Almunajjed, co-chair of the Saudi-India Business Council, the delegation […]
Beijing, Chinese stocks opened mixed on Monday with the benchmark Shanghai Composite Index down 0.07 percent to open at 3,433.86 points. The smaller Shenzhen index opened 0.25 percent higher at 11,991.7 points, Xinhua news agency reported. The ChiNext Index, tracking China’s NASDAQ-style board of growth enterprises, gained 0.36 percent to open at 2,658.97 points.
A record number of shoppers are expected to head online this year to do their Christmas shopping, a new nationwide survey commissioned by Australia Post reveals. The Australia Post research highlights 87 per cent of people will be turning to online shopping to buy one or more of their presents this year, compared to only […]
India’s pending application for entry into the Nuclear Suppliers Group (NSG) should come up for consideration at its plenary in June 2016. Indian diplomats have been in discussion with NSG members for some time, and on October 30, External Affairs Minister Sushma Swaraj discussed the matter with visiting NSG chairman Rafael Grossi, who indicated that […]
India has called for reforming the World Bank and the International Monetary Fund (IMF) to reflect the rise of the developing and transitional economies and give them more say in governance. The share of the developing and economies in transition in the world gross domestic product has increased from 39 percent in 2008-2010 to 49 […]
A day after returning to India from Pakistan where she was stranded for years, speech and hearing impaired Geeta met President Pranab Mukherjee — who called her “a symbol of India-Pakistan unity” — and Chief Minister Arvind Kejriwal and took a ride on Delhi Metro. “You are the daughter of both our countries, a symbol […]
Frankfurt, Oct 20 (IANS) Germany’s Hesse province Economics Minister Tarek Al-Wazir will be visiting India next month with a business delegation of more than 30 German companies, India’s consulate general here said on Tuesday. “Hessian Minister of Economics Tarek Al-Wazir will be visiting the cities of Mumbai, Bengaluru and New Delhi along with a business […]
Washington, Tech giant Apple has been told to pay $234 million to the intellectual property arm of Wisconsin University, Madison, for using without permission patented technology developed by its team, including two Indian-American engineers. The award amount a federal jury in Madison asked to Apple to pay Friday was about $165 million less than what […]