Business

World skyscraper construction hits record high: Report

Thu, 12/14/2017 - 09:40

Washington, Dec 14 (IANS) More skyscrapers were built in 2017 than during any other year in history, according to a report released by the Council of Tall Buildings and Urban Habitat (CTBUH).

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Key Indian equity market indices open higher

Thu, 12/14/2017 - 09:26

Mumbai, Dec 14 (IANS) The key Indian equity market indices on Thursday opened higher after the US Federal Reserve hiked interest rate following its two-day policy meeting while raising its economic growth forecast for 2018.

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US Fed raises interest rate amid strong job market

Thu, 12/14/2017 - 07:36

Washington, Dec 14 (IANS) US Federal Reserve has raised the benchmark interest rates for the third time this year and maintained the forecast of three more rate hikes in 2018, as the economy and job market continued solid growth.

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Global trade conference ends without progress

Thu, 12/14/2017 - 07:26

Buenos Aires, Dec 14 (IANS) The 11th Ministerial Conference of the World Trade Organization (WTO) has concluded here with a "disappointing" lack of results, Director-General Roberto Azevedo said.

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US stocks end mixed after Fed rate hike decision

Thu, 12/14/2017 - 06:02

New York, Dec 14 (IANS) US stocks closed mixed, with the Dow closing at a record high, as the Federal Reserve raised the benchmark interest rate by 25 basis points, the third such increase in 2017.

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IT department conducts surveys at Bitcoin exchanges

Wed, 12/13/2017 - 23:40

New Delhi, Dec 13 (IANS) The Income Tax (IT) department on Wednesday conducted "surveys" at nine Bitcoin exchanges around the country to gather information about the investors and traders of the crypto-currency.

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Maruti Suzuki to hike prices from January 2018

Wed, 12/13/2017 - 22:54

New Delhi, Dec 13 (IANS) Automobile major Maruti Suzuki India will increase the prices of its entire passenger vehicle range by up to two per cent from January, due to rising input costs.

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RBI initiates PCA against Corporation Bank

Wed, 12/13/2017 - 22:54

Mumbai, Dec 13 (IANS) The Reserve Bank of India (RBI) has initiated "prompt corrective action" (PCA) against state-run lender Corporation Bank in the view of its high non-performing assets (NPAs).

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DCI inks MoU with NHAI to provide sand for construction

Wed, 12/13/2017 - 22:54

New Delhi, Dec 13 (IANS) The Dredging Corporation of India (DCI) has inked an MoU with the National Highways Authority of India (NHAI) for facilitating supply of sand for construction work, said an official statement.

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RBI imposes Rs 3 cr penalty on IndusInd Bank

Wed, 12/13/2017 - 22:54

New Delhi, Dec 13 (IANS) The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on IndusInd Bank for non-compliance with its directions on "Income Recognition and Asset Classification" (IRAC) norms and contravention of regulatory restrictions pertaining to non-fund based (NFB) facilities.

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Hindustan Copper reopens Kendadih mine in Jharkhand

Wed, 12/13/2017 - 21:10

Kolkata, Dec 13 (IANS) After almost 18 years, Hindustan Copper Ltd has formally reopened its Kendadih mine in Jharkhand's Ghatsila, the company said in a statement here on Wednesday.

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