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Economy

US stocks open sharply lower after Fed decision

New York, Sep 18 (IANS) US stocks opened sharply lower Friday as investors were assessing the impacts of the Federal Reserve’s decision to leave short-term interest ...Full Article

Nearly $1 bn tourism loss after Bangkok blast

Bangkok, Sep 8 (IANS) The August 17 Bangkok shrine bombing cost nearly $1 billion in lost tourism revenue to Thailand, the tourism ministry said on Tuesday. In ...Full Article

Banking, insurance operations affected by nationwide strike

Chennai/New Delhi/Kolkata, Sep 2 (IANS) Banking and insurance services were hit on Wednesday as lakhs of bank and insurance employees across the country struck work in protest ...Full Article

Value buying buoys markets; Sensex up 291 points

Mumbai, Aug 25 (IANS) Strong economic fundamentals, value buying and attractive valuations boosted investor confidence in the Indian equity markets on Tuesday leading a barometer index to ...Full Article

China’s monetary easing stabilises rupee; touches 65.86-level

Mumbai, Aug 25 (IANS) Monetary easing in China, strong domestic economic fundamentals and a recovery in equity markets strengthened the Indian rupee to touch an intra-day high ...Full Article

Value buying buoys markets; Sensex closes 291 points up

Mumbai, Aug 25 (IANS) Strong economic fundamentals, value buying and attractive valuations boosted investor confidence in the Indian equity market – leading a barometer index to provisionally ...Full Article

Manufacturing uptick lifts India’s factory output faster

New Delhi, June 12 (IANS) Surprising industry expectations, an uptick in manufacturing pushed up India’s factory output to 4.1 percent in April, against 2.1 percent in the ...Full Article

Average homes price sold in April was $448,862, up 9.5 per cent on a year-over-year basis

National home sales rose 2.3% from March to April. Actual (not seasonally adjusted) activity stood 10% above April 2014 levels. The number of newly listed homes ...Full Article

India’s February industrial output up 5 percent

New Delhi, April 10 (IANS) Industrial activity in the country, measured in terms of the Index of Industrial Production (IIP), registered a 5 percent growth during February ...Full Article

Gujarat expects over 3 crore tourists this year

Kolkata, April 4 (IANS) Gujarat is expecting a tourist footfall of over three crore this year even as the state continues to promote its tourism sector aggressively, ...Full Article