Page 2633 - Business Finance
China August exports seen strong despite U.S. tariffs, shrinking orders: Reuters poll
BEIJING (Reuters) - Official Chinese data this week is expected to show export growth remained strong in August, despite rapidly escalating U.S. tariffs and signs of shrinking export orders, a Reuters poll showed.
Odisha will be hub of agro & food processing in East: Official
With the country's agro and food processing sector is expected to reach a size of USD 530 billion by 2020, Odisha has been facilitating creation of an ideal business eco-system to make the state a hub in the eastern region, an official said Wedsnesday. The state has also made related infrastructure for sustainable, equitable and inclusive growth of the sector to add value and reduce wastage, thereby maximising employment opportunity and increase income of the farmers, Industries Secretary Sanjeev Chopra told PTI. "Among 6 focus sectors of Odishas Industrial Development Plan 2025, we have received maximum investment proposals from investors in food processing and seafood sectors," Chopra said. Khurda district has already become home to many national and international brands in food processing. As the state government has been giving clearances within 15-30 days of receiving complete proposals, "we are confident of making Odisha the hub for food processing and seafood ...
Reliance Infrastructure update on withdrawal of adverse credit rating
By CRISIL and Brickwork Ratings
Google turns 20, to keep building products for everyone
Google that came into existence 20 years back with its first product Search engine from a garage today has seven products that are used by more than a billion people every month.
Gold nudges up as dollar eases; Sino-U.S. trade tensions in focus
BENGALURU (Reuters) - Gold edged up on Wednesday, after slipping to a more than one-week low in the previous session, as the dollar eased despite concerns of an escalation in the trade conflict between the United States and China.
Gold drops as trade, emerging market worries lift dollar
NEW YORK/LONDON (Reuters) - Gold slipped on Tuesday as concerns over an escalating trade war between the United States and China battered emerging market currencies and prompted investors to seek perceived safety in the dollar.
Mcnally Bharat Engineering gains after winning order
Mcnally Bharat Engineering Company rose 1.30% to Rs 39 at 9:34 IST on BSE after the company said it received a construction order worth Rs 108 crore from NLC India.
Crest Ventures approves change in company secretary and compliance officer
With effect from 07 September 2018
Board of Waa Solar approves change in CFO
At meeting held on 04 September 2018
Board of CES approves increase in authorised share capital
At meeting held on 04 September 2018
Market drifts higher in early trade
Domestic stocks nudged higher in early trade. At 9:19 IST, the barometer index, the S&P BSE Sensex, was up 84.14 points or 0.22% at 38,242.06. The Nifty 50 index was up 5.20 points or 0.05% at 11,525.50.
Board of Chennai Ferrous Industries approves change in directorate
On 04 September 2018
Saudi Arabia aims to keep crude in $70 to $80 band: sources
DUBAI/LONDON (Reuters) - Saudi Arabia wants oil to stay between $70 and $80 a barrel for now as the world's biggest crude exporter strikes a balance between maximising revenue and keeping a lid on prices until U.S. congressional elections, OPEC and industry sources said.
Stocks may open on a weak note
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 49 points at the opening bell.
Mcnally Bharat may rise after order win
Mcnally Bharat Engineering Company said it has received one order from NLC India for construction of 544 colony houses and community hall including internal electrification - Phase-I for Talabira II & III OCP - proposed R&R colony at Khinda - Odisha worth Rs 107.97 crore. The announcement was made after market hours yesterday, 4 September 2018.
Exclusive: SS&C nears deal to buy Intralinks - sources
(Reuters) - Financial software company SS&C Technologies Holdings Inc is nearing a deal to buy data-sharing platform Intralinks Inc, in what would be its third major acquisition this year, people familiar with the matter said on Tuesday.
China services sector growth slows further in August, inflation pressures rising: Caixin PMI
BEIJING (Reuters) - Growth in China's services sector weakened again in August as new business picked up only slightly from July's more than two-year low, a private survey showed on Wednesday.
Global Markets: Stocks fall, dollar supported as trade woes in spotlight
TOKYO (Reuters) - Stock markets in Asia tracked their global peers lower while the safe-haven dollar hovered near a two-week high on Wednesday as heightened worries over international trade conflicts curbed investor appetite for riskier assets.
China GDP figures are fudged: Russian Media
China manipulated the GDP figures, and that's how, in 2010, it superseded Japan, the world's second largest economy, commented the Russian media recently.Media research company Chinascope published a report from Radio Free Asia, which cited a commentary that appeared in Russian daily Kommersant. The piece, titled "The Deception of the GDP," claimed that the GDP was doctored by 'powerful ruling class' for self interest.The article claimed that China hinges on 'GDP worship' even as the non-productive economic activity is rampant, which artificially inflates the GDP figure."To a certain extent, this is very similar to the practices of the former Soviet Union and Japan in 1980. Everyone knows what happened to those two countries," Chinascope wrote, sourcing the information to Radio Free Asia, which had cited the article from Kommersant.The Russian media believes that Beijing is using the fudged GDP as a tool to confront the West. Restating the Kommersant report, which was taken up by ...
Australia's economy storms ahead to best growth in six years
SYDNEY (Reuters) - Australia's economy sped past all expectations last quarter as rapid population growth fuelled demand for homes and infrastructure, while bolstering consumer spending in the face of painfully slow wages growth.