Business

ASUS ZenWatch 2: Well-crafted, affordable Smart Watch (Tech Review)

Thu, 06/16/2016 - 09:50

New Delhi, June 16 (IANS) The first ASUS ZenWatch received a good response when it was launched some time back and was touted as one of the favourite Android-based Smart Watches. Packed with improved functionalities and features, the ASUS ZenWatch 2 will not disappoint either.

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Chinese yuan strengthens

Thu, 06/16/2016 - 08:32

Beijing, June 16 (IANS) The central parity rate of the Chinese yuan strengthened 262 basis points to 6.5739 against the US dollar on Thursday, according to the China Foreign Exchange Trading System.

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Chinese shares open lower

Thu, 06/16/2016 - 08:26

Beijing, June 16 (IANS) Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.31 per cent to open at 2,878.40 points.

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Central Bank of Greece calls for debt relief

Thu, 06/16/2016 - 07:30

Athens, June 16 (IANS) Central Bank of Greece Governor Yannis Stournaras formally submitted to parliament on Wednesday the bank's annual monetary policy report for 2015-2016 which suggests imminent debt restructuring, deep reforms and lower primary surplus targets to deal with the six-year debt crisis.

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US Fed keeps interest rates unchanged

Thu, 06/16/2016 - 02:08

Washington, June 16 (IANS) The US Federal Reserve left interest rates unchanged on Wednesday, but signalled it still plans two rate increases this year.

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Indian-origin hedge fund manager charged with insider trading

Thu, 06/16/2016 - 01:32

New York, June 16 (IANS) A hedge fund manager of Indian origin has been charged with participating in a stock market insider trading scam involving generic drugs that allegedly netted him at least $25 million in profits, according to US authorities.

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Government raises pulse buffer stock limit, mulls more ways to check price

Thu, 06/16/2016 - 00:04

New Delhi, June 16 (IANS) Unnerved by the growing prices of essential commodities and pulses, the central government on Wednesday decided to enhance pulses' buffer stock from 1.5 lakh tonnes to 8 lakh tonnes while deliberating on more ways to check rising prices, official sources said.

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Coal India defers exclusive e-auction

Wed, 06/15/2016 - 22:50

Kolkata, June 15 (IANS) Coal India said it has withdrawn, "for the time being", the first phase of exclusive e-auction for non power consumers for 2016-17 scheduled to be held on Thursday and Saturday.

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India's May exports at $ 22.17 bn, decline for 18th month

Wed, 06/15/2016 - 22:38

New Delhi, June 15 (IANS) India's merchandise exports declined for the 18th consecutive month in May at $22.17 billion, down 0.79 percent in dollar terms, against $22.35 billion in the like month of last year, official data showed on Thursday.

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Petrol hiked by 5 paise a litre, diesel by Rs 1.26

Wed, 06/15/2016 - 22:30

New Delhi, June 15 (IANS) State-run Indian Oil Corp (IOC) on Wednesday hiked transport fuel prices, that of petrol marginally by 5 paise a litre, and of diesel by Rs 1.26, both at Delhi, with corresponding increase in other states, effective midnight.

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Now online monitoring of Delhi's sewage plants

Wed, 06/15/2016 - 22:14

New Delhi, June 15 (IANS) Delhi Water Minister Kapil Mishra on Wednesday said that all sewage treatment plants of Delhi Jal Board (DJB) will have online monitoring and the data will be made public.

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Older airlines keep on new civil aviation policy

Wed, 06/15/2016 - 21:50

New Delhi/Mumbai, June 15 (IANS) All domestic carriers, but for AirAsia India, did not react to the new integrated civil aviation policy on Wednesday, perhaps piqued by the recast of norms allowing domestic carriers to fly abroad.

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Ministerial team chalks out measures to check price rise

Wed, 06/15/2016 - 20:36

New Delhi, June 15 (IANS) Stung by the escalating prices of essential commodities, including pulses and select vegetables, the Centre on Wednesday went into damage control and chalked out a roadmap and stringent measures to bring down the prices.

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