Imports rise at highest pace in more than 2 years as crude oil price spikes. Rising for a fifth month, merchandise exports grew by 4.32 per cent in January against the 5.7 per cent rise seen in December. Imports grew 10.70 per cent to $31.95 billion, the highest pace in more than two years, on account of a sharp uptick in international crude oil prices. The trade deficit widened to $9.84 billion in January. Exports registered $22.11 billion in January after reaching a 21-month high in ... Rediff.com, 1 week ago
Posted by Equitymaster Global markets ended the week on a dull note with most of the markets ending flat or in the negative territory. Brazil's and China's indices were the only ones which ended the week on a positive note, with gains of 0.5% and 0.3% ...Equitymaster.com, 1 month ago Global Markets Continue to Remain Buoyant Equitymaster.com, 1 month ago Global Markets Ended on a Positive Note Equitymaster.com, 1 month ago Dull End to the Week; Realty Stocks Fall Equitymaster.com, 2 months ago
James Wilson has been tracking the demonetisation drive since it was announced by Prime Minister Narendra Modi on November 8. During his investigation, he discovered that contrary to claims, no new security features have been added to the new currency notes apart from what existed in the ones that were demonetised, and hence counterfeiting is not going to be halted. He posted his findings on his blog titled 'Decipher the Demonetisation'. With Wilson's kind permission, Rediff.com is ...Rediff.com, 1 month ago
The television channel is in hot water for not having made a public announcement in 2009 of a 'change of control' of the company.N Sundaresha Subramanian reports. The Securities and Exchange Board of India has initiated proceedings against Gurgaon-based Vishvapradhan Commercial, for not having made a public announcement in 2009 of a 'change of control' in the television company NDTV. The markets regulator told the Delhi high court last week that proceedings had been approved under the ...Rediff.com, 2 months ago
Indian stocks had a mixed outing in calendar year 2016, with investors largely treading cautiously, tracking a slew of geo-political news, micro and macroeconomic data, reports of mergers and acquisitions, the sudden sacking of Cyrus P Mistry and the ...Sify, 2 months ago
State-owned Bharat Sanchar Nigam Ltd (BSNL) has reported nearly six-fold jump in operating profit during 2015-16 at Rs 3,855 crore from Rs 672 crore in the preceding fiscal, while revenue from operation turned out to be highest in the last five years. BSNLs ...Deccan Herald, 2 months ago
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