Mumbai, May 6 (IANS) The Indian equities markets which opened with a loss Tuesday were trading flat soon after. Auto, IT and realty sectors were under selling pressure in early trade. The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened with a loss of 65.75 points at 17,444.41. Ten minutes […]
By Kul Bhushan Sending money home remains the top priority for most NRIs. After arriving - legally or illegally - in the host country, the first task is to start earning; and then sending a major part of their earnings back home to the family. Just like arriving can be legal or illegal, sending […]
Washington, May 6 (ANI): A new research by scientists has revealed that the asteroid presumed to have caused the mass extinction of the dinosaurs 65 million years ago, struck the Earth with such force that carbon deep in the Earths crust liquefied, rocketed skyward, and formed tiny airborne beads that blanketed the planet.
The beads, […]
New Delhi, May 5 (IANS) With his United Progressive Alliance (UPA) government under fire for the rising prices of essential commodities, Prime Minister Manmohan Singh Monday sought more time to put inflation under control. “We have taken several measures (to contain the inflation). It will take some time,” he told reporters in Rashtrapati Bhavan […]
Ahmedabad, May 5 (IANS) A massive fire broke out outside a textile processing unit of Chiripal Group in Piplaj near Ahmedabad Monday evening, gutting about 100,000 cotton bales. No casualty was reported. “The massive fire is still on and it would take until tomorrow (Tuesday) to extinguish it,” said fire chief M.F. Dastoor.
He told […]
Chennai, May 5 (IANS) The $2.4 billion Murugappa Group Monday announced it would invest around Rs.13 billion ($325 million) in capacity build-up in the current fiscal. “Around Rs.7 billion of that will be in the group’s sugar business run by EID Parry (India) Ltd and the proposed sugar refinery joint venture with Cargill at […]
HONG KONG : Asian stocks closed mostly up Monday as fears of a potentially deep US economic downturn eased, with the Chinese stock market continuing a strong rally.
The Japanese, South Korean and Thai markets were shut, but trading resumed in mainland China after a holiday and the Shanghai bourse rose nearly two percent.
The mainland Chinese […]
KARACHI : The rupee fell 1 percent to a record closing low on Monday and dealers said it could fall further this week on dollar buying by oil importers and concern that capital outflows will result from a falling stock market.
The rupee ended at a record low close of 65.76/81 to the dollar, having fallen […]
MADRID : The head of the Asian Development Bank announced on Monday a new fund to combat damage caused by climate change, which he termed a fundamental threat to economies and livelihoods in Asia.
“I am pleased to announce that we will establish a Climate Change Fund, with an initial contribution from ADB resources of 40 […]
ISLAMABAD : The Utility Stores Corporation (USC) has announced to increase flour prices by 50 rupees per 20 Kg bag from July 01.
According to sources, the utility stores will sell 20 kg flour bag at 40 rupees less than the open market rate from June 03.
Presently 20 kg flour bag is being sold at 100 […]