Control Print is one of the leader in Coding & Marking Industry in India. It has partnered with leading global players technologically to provide improved products in India. They provide services for entire range of manufacturing industries which include Automotive, Agro-Chemicals, …
Payrolls Shrink by 131,000, More Than Expected, Unemployment Stays at 9.5% – Wall Street
Posted on: August 6th, 2010 and is filed under Market News.
Companies hire at slow pace for 3rd straight month Private employers added 71,000 jobs in July; unemployment rate unchanged at 9.5 percent Christopher S. Rugaber, AP Economics Writer, On Friday August 6, 2010, 10:34 am WASHINGTON (AP) — Companies showed a lack of confidence abo…
Gold investment tip: Buy on dips
Posted on: August 5th, 2010 and is filed under Market News.
Add the lustre of yellow metal to your portfolio. However, analysts advise you to space out the purchases with some care. Investing in gold may become more lucrative. Post the yellow metal hitting a three-month low last week, both retail investors and buyers might find that entering the …
Govt to provide Rs 14,000 cr to oil PSUs as subsidies
Posted on: August 4th, 2010 and is filed under Market News.
The government will give Rs 14,000 crore in cash to Indian Oil, Bharat Petroleum and Hindustan Petroleum to make up for the losses incurred on selling fuel below cost in the first quarter of 2010-11 fiscal. The Finance Ministry today sought parliamentary approval for additional spending …
Bernanke sees ‘moderate growth,’ but a long road to recovery
Posted on: August 3rd, 2010 and is filed under Market News.
Hibah Yousuf, staff reporter, On Monday August 2, 2010, 1:29 pm EDT Federal Reserve chairman Ben Bernanke said Monday that the U.S. economy faces a long and bumpy ride ahead to overcome the deepest recession since the Great Depression, though the worst is over. Speaking to politicians …
Economy in U.S. Will Probably Keep Cooling as Lack of Jobs Limits Spending
Posted on: August 1st, 2010 and is filed under Market News.
By Courtney Schlisserman – Jul 31, 2010 9:30 AM GMT+0530 Sat Jul 31 04:00:33 UTC 2010 The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending. The economy in the U.S. grew at a slower-than-forec…
SKS Microfinance fixes IPO price band at Rs 850-985 a share
Posted on: July 26th, 2010 and is filed under Press Releases.
The nation’s largest microfinance company SKS Microfinance today fixed the price band of its IPO at Rs 850 to Rs 985 per share. The Hyderabad-based microfinance firm expects to raise up to Rs 1,654 crore through the initial public offering, which opens on July 28. At the upper end…
Gems and jewellery exports up 75% in June
Posted on: July 25th, 2010 and is filed under Press Releases.
Gems and jewellery exports jumped 75 per cent to $3.08 billion in June on increasing demand from major markets like the US and Europe. Exports stood at $1.76 billion in the same month last fiscal, according to the Gems and Jewellery Export Promotion Council (GJEPC) data. “There is…
7 out of 91 EU banks fail worst case stress test scenario
Posted on: July 23rd, 2010 and is filed under Market News.
Pan Pylas, AP Business Writer, On Friday July 23, 2010 LONDON (AP) — Seven of 91 European banks failed stress tests aimed at measuring their strength in case the continent’s government debt crisis takes a turn for the worse, regulators said Friday. European Union officials h…
Several Spanish savings banks fail stress test: report
Posted on: July 23rd, 2010 and is filed under Market News.
By Robert Hetz Robert Hetz MADRID (Reuters) – Several of Spain’s 18 savings banks, including some that have been involved in recent mergers, have failed tests to see how they would cope with worsened economic conditions, a newspaper reported on Friday. Separately, Manfred Weber…
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