Beijing (IANS) The People’s Bank of China (PBOC) suspended open market operations on Thursday, citing abundant liquidity in the financial system. It was the 20th consecutive working day for PBOC to skip open market operations — a record long time span since … read more
Washington (IANS) US President Donald Trump on Monday urged Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) not to cut their oil production. Trump tweeted, “Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices … read more
Mumbai (IANS): Riding on firm global cues, the domestic markets ended higher on Wednesday, as the key equity indices — S&P BSE Sensex and Nifty50 — jumped over 1.60 percent each, driven by banking and finance counters. However, the markets … read more
New Delhi, Oct 24 (IANS) The Centre would announce the National Frequency Allocation Plan at the three-day India Mobile Congress (IMC) starting October 25, Telecom Secretary Aruna Sundararajan said on Wednesday. She also said that “major” announcements would be made regarding … read more
Chennai, Oct 15 (IANS) The All India Bank Employees’ Association (AIBEA) has denied issuing any circular calling for five days of bank strike in November-end demanding wage hike, said a top official on Monday. He also said the bank unions have … read more
Bengaluru (IANS) Swedish furniture, kitchen appliances and home accessories retailer IKEA would invest Rs 2,000 crore in setting up and expanding its store in this tech hub in 2020, a top official said on Thursday. “As Karnataka is a priority for … read more
Bengaluru (IANS) Leading e-tailer Flipkart on Sunday said it had tied up with Bajaj Allianz General Insurance to offer insurance to products like mobiles bought on its online shopping platform from October 10. “We will offer customised insurance solutions to power … read more
Mumbai (IANS) High crude oil prices and fears over a hike in key domestic lending rates pulled the Indian rupee to a new record low of over 73 per US dollar on Wednesday. The Indian rupee opened at a record low … read more
The key Indian equity indices opened in the green on Friday tracking a rise in the Asian markets. At 9.24 a.m, the wider Nifty50 of the National Stock Exchange traded at 10,994 points, higher by 16.45 points or 0.15 per … read more
Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE opened at 36,936.64 points touched a high of 36,938.74 points and a low of 36,745.80 … read more