Business

More people now prefer businesses they can message: Facebook

Mon, 08/08/2016 - 14:06

New York, Aug 8 (IANS) With an increase in business-consumer interaction on mobile messaging platforms, 53 per cent of consumers today prefer shopping with a business they can message, a survey by social media giant Facebook has revealed.

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OPEC daily basket price closes higher

Mon, 08/08/2016 - 13:56

Vienna, Aug 8 (IANS/WAM) The price of OPEC's basket of 14 crudes rose to $40.08 a barrel on Friday, compared to $39.60 on Thursday, according to the OPEC Secretariat.

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Law for bad debts recovery good for Indian banks: Moody's

Mon, 08/08/2016 - 13:30

Chennai, Aug 8 (IANS) Moody's said on Monday the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions Bill, 2016, and the Insolvency and Bankruptcy Code, 2016 (bankruptcy), will lead to structural improvements in banks dealing with bad assets.

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Zen Mobile launches new smartphone at Rs 5,499

Mon, 08/08/2016 - 12:58

New Delhi, Aug 8 (IANS) Domestic mobile manufacturer Zen Mobile on Monday launched a new Cinemax 3 smartphone at Rs 5,499 that comes pre-loaded with games, live TV streaming app NexGenTV, music streaming service Saavn and Vuliv video player.

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Zen Mobile launches new smartphone at Rs 5,499

Mon, 08/08/2016 - 12:58

New Delhi, Aug 8 (IANS) Domestic mobile manufacturer Zen Mobile on Monday launched a new Cinemax 3 smartphone at Rs 5,499 that comes pre-loaded with games, live TV streaming app NexGenTV, music streaming service Saavn and Vuliv video player.

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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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