Business news

Mining Curbs Force India, a Former Leading Exporter, to Turn Importer

India turns into a big importer due to a cutback in domestic production as mine closures create major setback in domestic supply

Sep 16, 2014

BSE closes points 244.48 down on September 15

New Delhi, Sept 15 (ANI): Trading at the Bombay Stock Exchange today closed 244.48 points down to stand at 26,816.56. At the National Stock Exchange the Nifty closed 63.50 points down to stand at 8,042.00. FRL and CESC were among the top gainers of Group A with an increase of 8.12% and 7.33% along with BRITANNIA and UNITECH with an increase of 6.37% and 5.01% respectively, while the top losers of Group A include YESBANK and BHUSHAN STEEL LTD. with a decrease of 5.17% and 4.96% along with JINDAL STEEL and POWER LTD. and JPINFRATEC with a decrease of 4.79% and 4.03% at the close of the markets. The Auto sector is down 50.15 points at 17,878.24 while the banking sector is down 99.24 points at 18,507.77 and the reality sector is 3.18 points up at 1,760.87. The Indian currency is up 0.63% at Rs 61.03 per dollar.

Sep 15, 2014

August Inflation Drops to 5-Year Low of 3.74 %; Market Dips

The August Wholesale Price Index inflation is the lowest since October 2009 when it stood at 1.8%.

Sep 15, 2014

iPhone Pre-Order Sets New Record; Shipment may be Delayed

Following the huge demand, customers could have to wait for three to four weeks for the latest device.

Sep 13, 2014

Flood Jammu-Kashmir Car -motor Insurance

J&K floods could raise more motor insurance claims than Uttarakhand

This time flood has affected more vehicles compared to last year's Uttarakhand flood as the number of vehicles in Srinagar city is more than Uttarakhand.

Sep 13, 2014

BSE closes points 65.17 up on September 12

New Delhi, Sept 12 (ANI): Trading at the Bombay Stock Exchange today closed 65.17 points up to stand at 27,061.04. At the National Stock Exchange the Nifty closed 19.80 points up to stand at 8,105.50. AMARAJABAT and OFSS were among the top gainers of Group A with an increase of 8.44% and 6.58% along with CIPLA and EXIDE INDUSTRIES LTD. with an increase of 6.38% and 6.19% respectively, while the top losers of Group A include JPINFRATEC and BHARAT FORGE LTD. with a decrease of 4.03% and 3.07% along with GODREJ CONSUMER PRODUCTS LTD. and JAIPRAKASH ASSOCIATES LTD. with a decrease of 2.88% and 2.87% at the close of the markets. The Auto sector is up 113.47 points at 17,928.39 while the banking sector is up 54.44 points at 18,607.01 and the reality sector is down 6.34 points at 1,757.69. The Indian currency is up 0.56% at Rs 60.94 per dollar.

Sep 12, 2014

SpiceJet Offers Tickets for ₹1,999 on Select Domestic Routes

The booking for this latest scheme is available till 16 September only to travel any day between 7 October, 2014 and 15 January, 2015.

Sep 12, 2014

Facebook Plans to Snatch Youtube Viewers, in Talks with Video Editors

Facebook and video content creators are discussing how advertising might be started into videos

Sep 12, 2014

Yellow Metal Loses Sheen: India's Gold Obsession may Finally be Over

Gold prices fall due to low demand and weak global trend. Investment in gold declined by 67% in June quarter

Sep 12, 2014

BSE closes points 61.54 down on September 11

New Delhi, Sep 11 (ANI): Trading at the Bombay Stock Exchange today closed 61.54 points down to stand at 26,995.87. At the National Stock Exchange the Nifty closed 8.40 points down to stand at 8,085.70. MOTHERSON SUMI SYSTEMS LTD. and EICHER MOTORS LTD. were among the top gainers of Group A with an increase of 9.20% and 6.27% along with BHARAT FORGE LTD. and GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. with an increase of 6.24% and 5.90% respectively, while the top losers of Group A include RANBAXY and NHPC with a decrease of 4.89% and 4.69% along with SUNPHARMA and J&KBANK with a decrease of 4.47% and 3.96% at the close of the markets. The Auto sector is up 112.30 points at 17,811.19 while the banking sector is up 49.67 points at 18,549.36 and the reality sector is down 5.95 points at 1,764.07. The Indian currency is up 0.30% at Rs 60.76 per dollar.

Sep 11, 2014