Economy


Indian rupee rises as banks sell dollars

Indian rupee rises as banks sell dollars

December 4, 2012 11:27 am

MUMBAI: The rupee gains to trade at 54.69/70 versus its previous close of 54.77/78. The rupee had fallen to as low as 54.96 earlier in the session.Traders say hopes of foreign direct investment in multi-brand retail getting approved via a vote in parliament on Wednesday keeping sentiment for the local currency positive.Gains in domestic shares...
 
 
Australia shares at 5-week high on rate cut hopes

Australia shares at 5-week high on rate cut hopes

December 3, 2012 3:03 am

SYDNEY: Australian shares gained 0.5 percent...
Asian shares crawl higher after firm China PMI

Asian shares crawl higher after firm China PMI

December 3, 2012 2:14 am

TOKYO: Asian shares edged higher on...

French unions rage at Hollande over Mittal deal

French unions rage at Hollande over Mittal deal

December 2, 2012 11:37 am

PARIS; French trade unions accused President...
Global clothes firms say Bangladesh must ensure fire safety

Global clothes firms say Bangladesh must ensure fire safety

December 1, 2012 10:22 am

DHAKA: International garment firms have demanded...

S&P says risk of Argentina credit downgrade recedes for now

S&P says risk of Argentina credit downgrade recedes for now

December 1, 2012 2:46 am

NEW YORK: Standard & Poor's said...
CNG stations shut down in Sindh for 24 hours

CNG stations shut down in Sindh for 24 hours

November 30, 2012 9:28 pm

Staff ReportKARACHI: compressed natural gas (CNG)...

European shares dip on fiscal cliff wariness

European shares dip on fiscal cliff wariness

November 30, 2012 9:19 am

LONDON: European stocks dipped on Friday,...
Brent drops toward $110 on U.S. fiscal worries

Brent drops toward $110 on U.S. fiscal worries

November 30, 2012 3:45 am

SINGAPORE: Brent crude slipped towards $110...
 
Nikkei opens with positive outlook over weak yen

Nikkei opens with positive outlook over weak yen

November 30, 2012 2:52 am

TOKYO: Japan's Nikkei share average rose...
Indian rupee rises most in two months on reform hopes

Indian rupee rises most in two months on reform hopes

November 29, 2012 3:49 pm

MUMBAI: The rupee rose the most...

Samsung takes aim at Japanese rivals with Android camera

Samsung takes aim at Japanese rivals with Android camera

November 29, 2012 2:14 pm

SEOUL: South Korean consumer electronics giant...
Telenor CEO says focus is to break even on six Indian zones

Telenor CEO says focus is to break even on six Indian zones

November 29, 2012 1:25 pm

NEW DELHI: Norway's Telenor ASA(TEL.OL) is...

Bank of England warns UK banks may lack enough capital

Bank of England warns UK banks may lack enough capital

November 29, 2012 11:30 am

LONDON: British banks may not have...
Cellular firms withdraw petition challenging ban on late night calling packages

Cellular firms withdraw petition challenging ban on late night calling packages

November 29, 2012 11:15 am

Staff ReportISLAMABAD: Islamabad High Court (IHC)...

Euro zone economic mood cheers up a little in November

Euro zone economic mood cheers up a little in November

November 29, 2012 10:30 am

BRUSSELS: Morale in the euro zone's...
Indian govt bows to pressure, agrees to vote on supermarket reform

Indian govt bows to pressure, agrees to vote on supermarket reform

November 29, 2012 7:38 am

NEW DELHI: The Indian government bowed...
 
 
 
 
 
 
 
 

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