Business

500 factories to be shifted out of Lucknow city

Mon, 08/08/2016 - 10:56

Lucknow, Aug 8 (IANS) The authorities have begun the process of shifting out of Lucknow city 500 factories located in densely populated areas in violation of safety norms, an official said on Monday.

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Japan records biggest current account surplus since 2007

Mon, 08/08/2016 - 08:56

Tokyo, Aug 8 (IANS) Japan recorded the largest current account surplus in the first half of this year since 2007 with reduced imports amid lower crude oil prices and rising revenue from tourism, the government said on Monday.

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Chinese shares open lower

Mon, 08/08/2016 - 08:04

Beijing, Aug 8 (IANS) Chinese stocks opened lower on Monday, with the benchmark Shanghai Composite Index down 0.14 per cent to open at 2,972.62 points.

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India's financial conditions index improves sequentially: study

Sun, 08/07/2016 - 21:22

New Delhi, Aug 7 (IANS) The overall financial conditions index in India rose 28 per cent sequentially to 61.1 in the first quarter of 2016-17 from 47.8 in the previous quarter of 2015-16, indicating healthy improvement, a joint study by apex industry bodies said on Sunday.

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Rates and results to guide equity markets

Sun, 08/07/2016 - 18:46

Mumbai, Aug 7 (IANS) The Indian central bank's monetary policy review, along with key macro-economic data and the quarterly earning results, are expected to guide the equity markets in the coming week.

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India's inflation target is 'credit positive': Moody's

Sun, 08/07/2016 - 18:00

New Delhi, Aug 7 (IANS) The Indian government's targeting of inflation at four per cent with a range of plus/minus two per cent is a "credit positive" measure that will help macroeconomic stability, Moody's Investors Service said on Sunday.

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Himachal to plant one crore saplings this monsoon

Sun, 08/07/2016 - 15:54

Shimla, Aug 7 (IANS) Himachal Pradesh, with a quarter of its geographical area under forest cover, has been undertaking measures to expand its green cover in what its forest department calls the country's mega micro-level public afforestation drive to plant one crore saplings in 15,000 hectares this monsoon.

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Essar Oil investing Rs 1,600 cr in upgrading Vadinar refinery

Sun, 08/07/2016 - 14:30

Mumbai, Aug 7 (IANS) Essar Oil said on Sunday it is investing Rs 1,600 crore in upgrading 20 million tonnes per annum (mtpa) Vadinar refinery in view of the surging demand for petro products over the medium and long term.

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Saving India's tree diversity, taking the cyberspace route

Sun, 08/07/2016 - 13:50

Chandigarh, Aug 7 (IANS) V.R. Vinayraj is not fascinated by the piles of money sitting close to him but is instead mesmerized by nature's bounty located not far from the bank in northern Kerala where he is an officer.

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India grapples to find a way forward on Wikipedia

Sun, 08/07/2016 - 13:38

Chandigarh, Aug 7 (IANS) Fifteen years after it was born, a dozen years after it became popular and roughly a decade after it began drawing serious attention in India, campaigners building the world's most ambitious and freely sharable online Wikipedia are still wondering how to really take it forward in this part of the globe.

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Andhra Bank net plunges 85 per cent in Q1

Sat, 08/06/2016 - 22:22

Hyderabad, Aug 6 (IANS) State-run Andhra Bank on Saturday reported net profit of Rs 31 crore for first quarter of 2016-17, registering a whopping 85 per cent decline from Rs 203 crore from like period year ago.

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