Rupee hits another record low of 59.93 against dollar
byMumbai, June 20 (IANS) The Indian rupee slumped to another record low of 59.93 against a dollar Thursday, after the US Federal Reserve signalled…
Business
China’s manufacturing activity at nine-month low: HSBC
byBeijing, June 20 (IANS) China’s manufacturing activities fell to a nine-month low this month, according to a preliminary survey from HSBC. The HSBC Flash…
Drought slows New Zealand economic growth
byWellington, June 20 (IANS) New Zealand’s economy grew by 0.3 percent in the March quarter, with the nationwide summer drought offsetting the effects of…
Rafale deal is progressing, not bogged down: Indian minister
byParis, June 20 (IANS) The $10.4 billion contract for 126 multi-role medium range combat aircraft that India has awarded to French aircraft maker Dassault…
Sensex tanks 399 points in pre-noon trading
byMumbai, June 20 (IANS) A benchmark index of Indian equities markets plunged by 2.08 percent or 399.49 points during the pre-noon session Thursday. Selling…
Airbus, Boeing compete for mega deals at Paris Air Show
byParis, June 20 (IANS) Two world aviation industry giants, Airbus and Boeing, are engaged in fierce commercial battles for winning big orders for their…
China’s manufacturing activity at nine-month low
byBeijing, June 20 (IANS) China’s manufacturing activities fell to a nine-month low this month, according to a preliminary survey from HSBC. The HSBC Flash…
Puerto Rico hopes to net $100 mn from tax amnesty
bySan Juan, June 20 (IANS/EFE) The Puerto Rican government expects to net around $100 million from a tax amnesty that expires June 30, Treasury…
India’s poor need more purchasing power, not doles (Comment)
byThe welfare subsidies, if one recaps, were introduced by the European rulers following the French revolution to entice their subjects. Such welfare subsidies did…
Bolivia, Venezuela collaborate in search for oil
byLa Paz, June 20 (IANS/EFE) Petroandina, a 60/40 joint venture of Bolivian state oil company YPFB and Venezuelan counterpart PDVSA, will invest an additional…