OTTAWA, Canada: The Bank of Canada’s central bank has said that it will raise its target interest rate by a full percentage point to combat inflation, warning that further rate hikes are likely. In the largest increase since 1998 and the highest level since 2008, Canada’s central bank raised the overnight rate to 2.5 percent. […]
New Delhi [India], July 15 (ANI): Snapping a four-day losing streak, Indian stock indices opened with minor gains on Thursday. Domestic stock markets have been going through a rough patch due to various unfavorable fundamentals ranging from a consistent devaluation of the rupee, rising current account deficit, selling-off by foreign investors, and fears of a […]
New Delhi [India], July 14 (ANI): Indian stocks indices on Thursday opened with minor gains primarily due to value buying after recent losses. A decline in global crude oil prices also supported the indices. A less than expected decline in indices in the US after the country reported steeper consumer inflation in the month of […]
© Provided by Xinhua In India, the world’s second most populous country, plastic waste has become a significant source of pollution. Rapid economic growth and the increasing demand for goods that come with single-use plastic products are making things worse. by Peerzada Arshad Hamid NEW DELHI, July 13 (Xinhua) — On the first day of […]
New Delhi [India], July 12 (ANI): Indian stock indices extended their losses from the previous session to trade marginally in the red on Tuesday morning. This is the second-day decline on a trot. At 9.25 a.m., Sensex was at 54,174.64 points, down 220.59 points or 0.41 per cent, whereas Nifty was at 16,133.05 points, down […]
New Delhi [India] July 11 (ANI): Snapping three-day gains, Indian stock indices declined in early trade on Monday. At 9.30 a.m., Sensex was trading at 54,193.15 points, down 288.69 points or 0.53 per cent, whereas was at 16,141.95 points, down 78.65 points or 0.48 per cent. Among the individual stocks, Bharti Airtel, TCS, Tech Mahindra, […]
Hyderabad [Pakistan], July 9 (ANI): Amid the deepening economic crisis in Pakistan, the business leaders of the country have warned that the country is heading toward social unrest and fear that it is becoming unsafe for foreign investment due to back-to-back government policies that seek to discourage investors. “We don’t have continuity of economic policies. […]
New Delhi [India], July 9 (ANI) Capital market regulator the Securities and Exchange Board of India is considering bringing in mutual fund units under the purview of insider trading regulations. Insider trading generally refers to buying or selling a stock or any financial assets on the basis of material, non-public information about them. The market […]
New Delhi [India], July 8 (ANI): Indian stock indices extended their gains for the third consecutive session on Friday, supported by the latest slump in global crude oil prices on concerns of a potential recession in various economies. Barring Nifty metal, PSU Bank, and realty, the rest of the 12 sectoral indices were in the […]
BEIJING, July 7 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 671.43 Euro 100 683.84 Japanese yen 100 4.9369 Hong Kong dollar […]
