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11:57 pm - Saturday May 25, 2013

Tag Archives: Business

India plans reinsurance fund to cover refiners using Iranian oil

India plans reinsurance fund to cover refiners using Iranian oil

Agencies, New Delhi India plans to set up a fund to back local insurers providing cover for refiners processing Iranian oil after companies warned they would be forced to halt imports from the sanctions-hit nation, the federal oil secretary...
Rupees falls on dollar

Rupee falls on dollar strength; trade data supports

Agencies, Mumbai The rupee fell on Monday, retreating from an over one-week high hit earlier in the session, as relief from domestic trade data showing a rise in exports failed to offset the global strength in the dollar after a stronger-than-expected...
US budget cuts end White House tours, but not finger-pointing

US budget cuts end White House tours, but not finger-pointing

Agencies, Washington The sixth-grade class at St. Paul’s Lutheran School in Waverly, Iowa, sent a message this week that was heard in the White House briefing room. “The White House is our house,” the class said in a video posted on Facebook. “Please...
India to give away Kingfisher slots, flying rights to others

India to give away Kingfisher slots, flying rights to others

Agencies, New Delhi The government said it will give away Kingfisher Airlines’ (KING.NS) slots and foreign flying rights to other operators in the latest blow to the grounded carrier. Kingfisher, controlled by liquor baron Vijay Mallya, has...
SEnsex down

BSE Sensex falls 114 points; profit-booking weighs

Agencies, Mumbai The BSE Sensex fell on Friday to mark its lowest weekly close since January 13 after a sudden slump in Tata Motors and Ultratech Cement shares about 20 minutes before the close spooked investors. Tata Motors Ltd (TAMO.NS) and...
BSE Sensex, Nifty hit two-year high; RIL, ITC lead

BSE Sensex, Nifty hit two-year high; RIL, ITC lead

Mumbai, Agencies The Sensex and the Nifty gained for a third consecutive session on Monday to two-year highs on rising optimism about corporate profits after Reliance Industries and ITC became the latest blue chips to post better-than-expected...
Jweleers

Jewellers back to business after 21-day strike

Bullion traders and jewellers returned to business on Saturday, suspending three-week long strike following the government’s assurance that it will consider their demand for rollback of excise duty on non-branded jewellery and hike in import...
Diamonds

Affordable diamonds – Tanishq’s new range!

Diamond jewellery between INR 10,000 and INR 25,000 Bangalore - Diamonds have always been hugely aspirational. Every woman would like to own them as they connote beauty, elegance, style and sophistication; diamonds are a reflection of the exquisite...