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Wall Street Ends Mixed, Energy Shares Fall

Sep 03, 2014 at 07:56 | Source: NDTV Profit

New York: US stocks ended mostly lower on Tuesday, retreating from records set the previous month, as falling crude oil prices dragged energy shares down and offset strong manufacturing data. The S&P energy index fell 1.3 per cent as the pros...

Sensex matches Nifty feat

Sep 03, 2014 at 04:12 | Source: Calcutta Telegraph News

Mumbai, Sept. 2: The BSE Sensex on Tuesday surged past the psychologically key level of 27000 to a third consecutive record closing as blue chips gained after recent data raised hopes about the economy. The BSE milestone comes a day after the broader...

Bounty to sterilise Himachal Pradesh monkeys criticised

Sep 02, 2014 at 20:12 | Source: BBC

Animal rights activists have criticised a bounty of 500 rupees ($9.60) a head put on the capture of monkeys in India's Himachal Pradesh state. They say allowing members of the public to capture monkeys and hand them over for sterilisation could ...

Over 300 stocks touch 52-week high as Sensex conquers 27,000 mark

Sep 02, 2014 at 20:12 | Source: Economic Times

MUMBAI: Helped by a smart rise in the Sensex that surpassed the 27,000-mark for the first time, more than 300 stocks hit their one-year high level on the BSE today. As many as 323 stocks touched 52-week high in an overall robust stock market where th...

Brent Crude Falls Towards $102 as Demand Concerns Outweigh Libya Unrest

Sep 02, 2014 at 16:00 | Source: NDTV Profit

Singapore: Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest in OPEC oil producer Libya kept losses in check. Euro zone manufacturing&am...

Comfort clue in number game Current account deficit shrinks

Sep 02, 2014 at 09:32 | Source: Calcutta Telegraph News

Mumbai, Sept. 1: The country’s current account deficit (CAD) narrowed sharply to 1.7 per cent of the gross domestic product (GDP) for the April-June quarter of this fiscal against 4.8 per cent of GDP a year ago. The data added to the cheer spre...

Private firms warm up to fuel retailing

Sep 02, 2014 at 09:32 | Source: Calcutta Telegraph News

New Delhi, Sept. 1: State-run fuel retailers are likely to face competition from private players such as Reliance and Essar with the under-recovery from diesel sales dropping to 8 paise per litre. Under-recovery, or the gap between retail selling pr...

Sensex can hit 28-30K by March next year: Raamdeo Agrawal

Sep 02, 2014 at 09:32 | Source: Economic Times

Raamdeo Agrawal, co-founder and joint MD at Motilal Oswal Financial Services, has set a target of about 30,000 by March, 2015. In an interview with Biswajit Baruah, he talked about the stocks that could outperform. Edited excerpts: After hitting 800...

Libyan parliament reappoints PM as government loses grip on ministries

Sep 02, 2014 at 04:30 | Source: FirstPost

BENGHAZI Libya (Reuters) - Libya's House of Representatives reappointed Prime Minister Abdullah al-Thinni on Monday as the government lost control of ministries in the capital where armed groups have taken over and a separate parliament has claimed l...

Core Sector Growth Decelerates to 2.7 Per Cent in July

Sep 02, 2014 at 00:00 | Source: NDTV Profit

New Delhi: After recording impressive performance in June, growth in eight core industries slowed down to 2.7 per cent in July due to declines in production of crude oil, natural gas, refinery products, fertilisers and steel. Growth in the ...

Libya's elected parliament asks Abdullah al-Thinni to form new government

Sep 01, 2014 at 17:56 | Source: FirstPost

Benghazi: Libya's elected parliament, the House of Representatives, asked Abdullah al-Thinni on Monday to form new government for the oil-producing country, a parliamentary spokesman said.Thinni, a former defence minister and career soldier, has been...

Rare earths: Neither rare, nor earths

Sep 01, 2014 at 09:32 | Source: BBC

You have probably never heard of most of the rare-earth elements yet they have insinuated themselves deep into the fabric of modern life - in ways of which most of us are completely oblivious. There are between 15 and 17 of them (depending how you cl...

Fuel rate rejig

Aug 31, 2014 at 06:57 | Source: Calcutta Telegraph News

New Delhi, Aug. 30: Petrol prices were cut by Rs 1.80 a litre, excluding taxes, from midnight tonight as global crude rates softened and the rupee appreciated against the dollar. This is the third straight cut in petrol prices. However, diesel price...

Economy well poised to cross six per cent growth this fiscal: ASSOCHAM President

Aug 30, 2014 at 07:02 | Source: Assocham

While we were expecting a pick up and recovery, 5.7 per cent GDP growth in Q1 is certainly above our expectations. It is a great news given the fact the numbers are the best in two years, ASSOCHAM President Mr Rana Kapoor said today. It will only pi...

Deficit at 61.2% of budget estimates

Aug 30, 2014 at 02:57 | Source: Calcutta Telegraph News

New Delhi, Aug. 29: The fiscal deficit during April-July stood at Rs 3.24 lakh crore, or 61.2 per cent of the full-year target. During the first four months of the last fiscal, the deficit, or the gap between government expenditure and revenue, was ...

Top six factors that are taking Indian markets to all-time highs

Aug 29, 2014 at 05:07 | Source: Economic Times

MUMBAI: The Indian benchmark indices on short intervals are hitting all-time high levels. The sentiment among investors has turned bullish and they are expecting the Nifty to rally another 5-10 per cent in the run-up to Diwali. A mix of global and do...

WTI Oil Gains for Third Day as GDP Growth Beats Estimates

Aug 28, 2014 at 19:25 | Source: Bloomberg

West Texas Intermediate crude gained for a third day as the U.S. economy expanded more than previously forecast in the second quarter. Brent crude rose on escalating tensions between Ukraine and Russia. U.S. gross domestic product rose at a 4.2 perce...

Brent Trades Near Two-Week High on Ukraine Tensions

Aug 28, 2014 at 18:28 | Source: Bloomberg

West Texas Intermediate fell for the first time in three days as crude stockpiles increased at the biggest U.S. oil-storage hub. Brent was steady in London. Futures dropped as much as 0.5 percent in New York. Supplies at Cushing, Oklahoma, the delive...

WTI Declines as Crude Stockpiles Expand at Cushing

Aug 28, 2014 at 14:47 | Source: Bloomberg

West Texas Intermediate fell for the first time in three days as crude stockpiles increased at the biggest U.S. oil-storage hub. Brent was steady in London. Futures dropped as much as 0.5 percent in New York. Supplies at Cushing, Oklahoma, the delive...

WTI Declines as Crude Stockpiles Expand at Cushing

Aug 28, 2014 at 14:47 | Source: Business Week

West Texas Intermediate fell for the first time in three days as crude stockpiles increased at the biggest U.S. oil-storage hub. Brent was steady in London. Futures dropped as much as 0.5 percent in New York. Supplies at Cushing, Oklahoma, the delive...

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