Global stocks touch two-year low
In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »
India Up 16 Places to 55th on Global Competitiveness Index
Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of... read more »
Government slashes natural gas prices by 16% to $4.24 per unit
The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »
Nippon Life to hike stake in life insurance, mutual fund business: Ambani
MUMBAI: Bullish on growth prospects of his group’s financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year. In... read more »
