Oil prices rise after Saudi King’s death
Oil prices rose on the news of the death of Saudi Arabia’s King Abdullah Thursday, but the king’s death is not expected to change the course of oil prices over the next several months. The price of U.S. crude was up 88 cents, or 1.9 percent, to $47.19 a barrel in after-hours trading. Brent... read more »
Sensex, Nifty extend record-breaking spree on global cues
Extending gain for the seventh straight session, the BSE Sensex scaled another peak of 29,389.18 and the NSE Nifty breached the 8,800-mark for the first time in opening trade, driven by positive global cues triggered by European Central Bank’s stimulus measures. The benchmark BSE Sensex climbed... read more »
Ordinance route no concern for investors: Jaitley
Terming the political opposition to ordinance route for reforms as ‘obstructionism’, Finance Minister Arun Jaitley said the foreign investors have no problems with these decisions and they were rather happy that the government has brought in legislations. “I don’t think that ordinance... read more »
President condoles Saudi King’s death
President Pranab Mukherjee has condoled the passing away of King Abdullah Bin Abdul Aziz Al Saud, King of Saudi Arabia and Custodian of the Two Holy Mosques. On Friday, the President tweeted “Heartfelt condolences to the Government, Royal family and people of Saudi Arabia over the sad demise of... read more »
Three Russian Olympic gold medallists test positive for doping
Three Russian Olympic gold medallists in race walking were tested positive for abuse of using performance improving drugs, the Russian Anti-Doping Agency (RUSADA) said on Tuesday. Sergey... read more »
Obama’s trade and tax wish list may impact India
While India found no mention in U.S. President Barack Obama’s annual State of the Union (SOTU) address, certain policy proposals that he made to both houses of Congress on Tuesday... read more »
Installed solar capacity crosses 3 GW
New capacity addition in the clean energy sector was up nine per cent during the first 9-month of this fiscal. The total installed capacity of solar power in the country crossed 3,000 MW... read more »
Toyota tops in global vehicle sales, beats VW, GM
Toyota Motor stayed at the top in global vehicle sales in 2014, selling 10.23 million vehicles, beating Volkswagen and General Motors. Volkswagen AG of Germany sold 10.14 million vehicles... read more »
Facebook’s impact on Indian economy pegged at $4 billion
Facebook enabled $4 billion economic impact on the Indian economy and contributed to 3,35,000 jobs in some or the other way during last year, according to a study. The study titled Facebook’s... read more »
