Key Indian equity indices trade higher during early session

Tuesday, 30 August 2016 12:51
Mumbai: Key Indian equity market indices opened in the green on Tuesday following global cues despite the Reserve Bank of India quashing hopes of any rate cut in the near future as inflation bordered around the upper limit of 6…

Australian bank to include hijab for staff

Tuesday, 30 August 2016 08:38
Canberra: Australian bank Westpac decided to include a corporate hijab as a part of a new staff uniform line-up.NewsCorp reported on Tuesday that Australian designer Carla Zampatti will design the corporate hijab which is set to release by April 2017.The…

Chinese shares open higher

Tuesday, 30 August 2016 08:33
Beijing: Chinese stocks opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.05 per cent to open at 3,071.44 points.The smaller Shenzhen index opened 0.08 per cent higher at 10,732.77 points, Xinhua news agency reported.The ChiNext Index, tracking…

Chinese yuan strengthens

Tuesday, 30 August 2016 08:34
Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 44 basis points to 6.6812 against the US dollar on Tuesday, according to the China Foreign Exchange Trading System.In China's spot foreign exchange market, the yuan…

US stocks rally after Yellen's speech

Tuesday, 30 August 2016 08:15
New York: US stocks rose as Wall Street continued to digest a key speech from US Federal Reserve Chair Janet Yellen and the newly-released spending data.The Dow Jones Industrial Average on Monday increased 121.97 points, or 0.66 per cent, to…

Future Retail lists on BSE at Rs 153

Monday, 29 August 2016 17:21
New Delhi: Following its merger with Bharti's retail business, Future Retail got listed at Rs 153 on the Bombay Stock Exchange (BSE) on Monday.The stock was listed in the exchange in the list of 'T' Group Securities."Trading members of the…

Key Indian equity indices open flat

Monday, 29 August 2016 16:32
Mumbai: The key Indian equity indices on Monday morning opened flat.The 30-scrip Sensitive Index (Sensex), was trading 16.60 points or 0.06 per cent down during the morning session.The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading…

Chinese shares open lower

Monday, 29 August 2016 16:17
Beijing: Chinese stocks opened lower on Monday, with the benchmark Shanghai Composite Index down 0.06 per cent to open at 3,068.46 points.The smaller Shenzhen index opened 0.03 per cent lower at 10,690.95 points, Xinhua news agency reported. The ChiNext Index,…

India best market for e-commerce growth: Infosys co-founder

Monday, 29 August 2016 12:55
Bengaluru, Aug 28:With five of the top global IT services firms being Indian, India was the best market for e-commerce growth as the industry was heading in the right direction, said Infosys co-founder Kris Gopalakrishnan on Sunday."With GDP hitting 7.5…

Banks not understanding SMEs' problems from high rates: Sitharaman

Monday, 29 August 2016 12:19
New Delhi, Aug 28 :Commerce Minister Nirmala Sitharaman said on Sunday that banks were not fully understanding the problems faced by micro, small and medium enterprises (MSMEs), whose performance has been affected for long by high interest rates.Replying to tweets…