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Mar 1: Feb car sales ease

  • Mar 1: Feb car sales ease

    Mar 1: Feb car sales ease

  • Exports, Imports  rise

    A container is unloaded from a freight train at Thar Dry Port in Sanand

    Country's January exports rose 10.1% to $25.347 billion, while imports rose 20.3% to $40.1 billion, leaving a trade deficit of $14.8 billion, the government said on Thursday.

    The exports reached $242.8 billion between April and January, according to the data. Oil imports in January rose 26.78% to $12.32 billion.

  • Factory data stays over 50-mk

    An employee of Noida Power Corporation Limited is suspended from a pole as he installs power cables in Noida

    Country's manufacturing sector expansion slowed slightly in February from a month ago, although the pace of growth remained healthy as new orders touched a 10-month high, a business survey showed on Thursday.

    The HSBC manufacturing Purchasing Managers' Index (PMI), compiled by Markit, eased to 56.6 in February from 57.5 in January, which was an eight-month high.

  • Gold drops to biggest day drop

    Jewellery is displayed at a shop that buys gold in the Ginza district of Tokyo

    US Gold fell 5% to below $1,690 an ounce on Wednesday for its biggest one-day drop in more than three years, as speculation that central banks might be done with easy monetary policies led funds to exit the bullion trade.

    Gold fell nearly $100 and silver was down $3 from session highs. Losses started to snowball at (2030 IST) after US Federal Reserve Chairman Ben Bernanke did not mention another round of monetary easing was imminent.

  • Nikkei falls below 9,800

    A man looks at an electronic monitor displaying share prices outside a brokerage in Tokyo

    Japan's Nikkei average fell on Thursday and failed to hold 9,800 for the second day in a row, as domestic investors locked in profits after the index rallied more than 10% last month and posted its best February performance in two decades.

    The Nikkei closed 0.2% lower at 9,707.37 after trading as high as 9,865.75 in the morning session. The index also failed to retain its gains above the key 9,800 on Wednesday.

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