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Monthly News August 2015

Nestle India goes up by nearly 2%, defie...

Nestle India goes up by nearly 2%, defies broader market trend

Defying the broader market trend on Monday, Stocks of Nestle India gained nearly 2% in morning trade on the bourses. The shares opened at Rs 6,100.00 and surged 1.76% to an high of Rs 6,206.70 on BSE. On the NSE, similar trend was seen as the stock opened at Rs 6,078 and touched an intra-day high... read more »

Onion prices to touch Rs 100 per kg soon...

Onion prices to touch Rs 100 per kg soon?

New Delhi: Rising onion prices over the past few weeks are giving a hard time to consumers. Stockists are making the most out of the situation. Despite the government increasing the minimum export price (MEP) and allowing imports to raise domestic supply, the onion prices are showing no sign of... read more »

Fire at Japan Kawasaki steel plant near ...

Fire at Japan Kawasaki steel plant near Haneda airport

A large fire has broken out at a steel plant near Haneda airport south of the Japanese capital, Tokyo. There have been no reports of injuries, say Japanese officials. A fire official told AFP news agency the blaze started at a two-metre-tall (6.7ft) cooling tower at a factory owned by a unit of... read more »

South Korea demands apology as talks dra...

South Korea demands apology as talks drag on with North over tensions

Seoul, South Korea (CNN)South Korean President Park-geun hye said Monday that she’s still waiting for an apology from North Korea as marathon talks between the two sides over a recent spike in military tensions spilled into a third day. Park said that she wants Pyongyang to apologize for... read more »

SBI chief is more right than Raghuram Rajan on the threat from payment banks

Are payment banks a threat to regular banks or are they allies in the business of financial inclusion? At an economic conclave yesterday (20 August), the Reserve Bank governor and the... read more »

Tata Communications Shares Jump 4% on Buzz of Sale of Data Centre Business

Tata Communications shares advanced nearly 4 per cent to hit intraday high of Rs. 418 in a weak market after The Economic Times reported that Google and e-commerce giant Amazon are in... read more »

No more hunting for LPG dealers; you can soon apply for connection online

New Delhi: Getting an LPG connection will be hassle free as you will soon be able to book your new LPG connection online. As per a Times of India report, state-run fuel companies will... read more »

SpiceJet to launch Chennai – Kolkata – Agartala flight

The Chennai-Kolkata- Agartala flight will depart daily at 2.50pm. SpiceJet will be the first airline to offer a connecting flight on the route. The service will also add a frequency on... read more »

Rupee falls against US dollar; hits fresh 2-year low

NEW DELHI: The rupee fell by another 35 paise to trade at fresh two-year low of 65.89 against the dollar today on sustained capital outflows by foreign funds even as the US currency weakened... read more »