Rupee at 63.53 against US dollar
The benchmark BSE Sensex recovered over 110 points in early trade today after retreating for two straight sessions, on value buying by participants in select blue chip stocks amid rebound in Chinese stocks. Besides, optimistic buying activity ahead of the release of first quarter earnings by... read more »
nearly 2500 more cars sold this June
Domestic passenger car sales rose 1.53 per cent to 1,62,677 units in June from 1,60,232 units in the year-ago month. Motorcycle sales last month rose marginally to 8,77,696 units from 8,77,289 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers... read more »
Alcoa earnings inch up despite lower aluminum prices
The company said last night that net income for the quarter ending June 30 was $140m, up from $138m the same time last year. Sales for the three month period rose 1% to $5.90 billion. Alcoa cited higher profits from its global rolled products business, which provides sheet and plates for the... read more »
South Korea shares fall on China worries, won steady as Bank of Korea holds...
Seoul shares slipped below the key 2,000-point level on Thursday morning as China’s market turmoil continued drive nervous investors out of riskier assets. Market reaction was largely muted after the Bank of Korea kept its policy interest rate steady at a record low of 1.50 per cent, as... read more »
Twin blasts kill 10 in northeast Nigeria
Two suicide bomb blasts along a highway in northeast Nigeria killed at least 10 people on Thursday afternoon, state police said, the latest in a string of almost daily attacks by suspected... read more »
Turkish PM denies plans for imminent intervention in Syria
Turkey has no plans to intervene militarily in Syria anytime soon, Prime Minister Ahmet Davutoglu said, refuting media speculation about an imminent operation to create a buffer zone along... read more »
Imran Khan slams Punjab Govt. over arrest of his nephews
Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan has lashed out at the Punjab Government over the recent arrest of two of his nephews and alleged that the incident was arranged. According to... read more »
Working moms readily accepted now
Societal acceptance of working mothers is now a given and is at an all-time high, says a new study. Researchers analysed data from nearly 600,000 respondents from two nationally... read more »
McLaren handed an extra power unit in rules review
Struggling McLaren will be allowed an extra engine for each of their drivers as Formula One announced a package of measures on Thursday that included an overhaul of its controversial power unit... read more »
