13 Jun 2012Business

BSE Sensex jumps 195 pts as weak IIP numbers boost rate cut hopes

shaved off 51 points on Monday, the benchmark index opened nearly 100 points down and soon touched the day's low of 16,553.47.However, banks, realty and capital goods counters soon attracted buying support as investor hopes of rate cut by RBI were boosted by a mere 0.1 per cent growth in industrial production for April.Analysts said the central bank is now left with no option after flat growth in factory...

Source : Business Today | 372 Day(s) AgoCategory : Business

IIP data dissapoints Pranab, says government committed to reforms : Business Today

With IIP stalling a rate cut is a necessity : Rediff

All 7 news..

WPP shareholders vote by 60% to reject Sir Martin Sorrell's pay

Shareholder Spring strikes again: WPP shareholders vote by 60% to reject Sir Martin Sorrell's £13m pay dealSir Martin Sorrell has been dealt a humiliating blow by WPP shareholders who mounted a 60 per cent protest vote against his annual pay package of nearly £13million.The rebellion at the advertising giant's annual general meeting in Dublin follows an bitter dispute between leading investors and...

Source : dailymail | 371 Day(s) AgoCategory : Business

WPP investors reject Sorrell pay plan : CNN

Sir Martin Sorrell s £6 8m Pay Deal Rejected by WPP Shareholders : International Business Times

All 6 news..

News Times

Retail Sales Decline

retail sales slipped in May for the second consecutive month, reflecting lower gasoline prices and cautious spending elsewhere.Separately, U.S. wholesale prices fell by the most in nearly three years due to a big drop in energy costs.Retail and food service sales decreased 0.2% last month to a seasonally adjusted $404.60 billion, the Commerce Department reported Wednesday. Sales were up 5.3% year over...

Source : WSJ | 371 Day(s) AgoCategory : Business

Wholesale prices fall by most in nearly 3 years : Los Angeles Times

US retail sales ex autos post biggest fall in 2 years : Livemint

All 6 news..

News Times

Stocks Fall as German Bunds Drop After Debt Sale

fell from a two-weekhigh and U.S. equity index futures declined before a report thatmay show weakening retail sales in America and as borrowingcosts rose in Italy andon 10-year German bunds jumped 10 basispoints to 1.52 percent. Italian debt erased earlier gains, withthe two-year yield rising five basis points. The euroappreciated 0.2 percent to $1.2530. The cost of insuring againstdefault on European...

Source : Bloomberg | 371 Day(s) AgoCategory : Business

Down-Under Greeks Send Money as Crisis Awakens Ties to Homeland : Bloomberg

Oil falls to below 83 as traders eye OPEC meeting : Yahoo Finance

All 5 news..

Rediff

Palermo not budging on Silvestre price

Inter Milan must increase their offer if they want to sign Palermo defender Matias Silvestre, the Sicilian club's president Maurizio Zamparini has said.Silvestre wants to leave Palermo after just one season with the Rossaneri and has been linked with both Inter and AC Milan this summer.Inter have reportedly offered Palermo seven million euros for the Argentinian centre-back, but that is not good enough...

Source : Espnstar | 371 Day(s) AgoCategory : Business

Gold prices hit yet another peak at Rs 30,420 : Oneindia

Gold prices hit yet another peak at Rs 30 420 : Times Of India

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IBNLive

Pranab asks banks to reduce non-performing assets

asked banks to reduce non-performing assets (NPAs) for the financial health of the sector....

Source : Webindia123 | 371 Day(s) AgoCategory : Business

Pranab Mukherjee asks banks to reduce non-performing assets : Headlinesindia

Contain non performing assets FM tells banks : Times Of India

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Asianage

Need to take measures, says Pranab on poor IIP data (Roundup)

due to a contraction in capital goods and dip in manufacturing and mining sectors, government data showed Tuesday, underlining the need for a monetary stimulus to revive growth....

Source : Webindia123 | 371 Day(s) AgoCategory : Business

IIP data dissapoints Pranab, says government committed to reforms : Webindia123

FM disappointed over April s IIP data expressed need to take measures : News Track India

All 4 news..

dailymail

Sri Lanka Holds Rates to Sustain Growth as Rupee Fans Prices

unchanged for a second month, opting to shield growth fromtumbling exports even as a slump in the rupee fans inflation.at 7.75 percent,according to a statement on its website today. Seven of eighteconomists in a Bloomberg News survey predicted no change in thereverse repurchase rate, with one expecting a 0.25 percentage-point cut. Six of eight economists forecast an unchangedrepurchase rate, with one...

Source : The Money Times | 371 Day(s) AgoCategory : Business

'Gay gene' survives through generations as female relatives of homosexual men 'have more babies' : dailymail

Spain defends bank rescue as borrowing costs rise : News Times

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IBNLive

Priced at Rs 9,995, Amkette launches EvoTV

evolved, and it called the Amkette EvoTV. This Android-based media centre for the TV, gives it almost all the powers of a smart TV too and much more. There is browsing, apps, wireless connectivity, DLNA and, of course, the ability to play any media content thrown at it.Available for Rs 9,995 this box will also come with a user-friendly touch remote which has a built in accelerometer so that users can...

Source : Business Today | 372 Day(s) AgoCategory : Business

IMAGES: Nokia Pureview 808 in India for Rs 33,899 : Rediff

Nokia launches 808 PureView in India best buy price at Rs 33 899 : Business Today

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CESC's consolidated net profit down 11 percent

net profit of RP-Sanjiv Goenka Group's power utility company CESC Ltd declined by 11 percent in the 2011-12 fiscal compared to the year-ago period, the company said Wednesday.CESC registered a net profit of Rs.277 crore in 2010-11, which came down to Rs.245 crore in 2011-12, according to the consolidated and audited results declared by the company.The dip in profit was notwithstanding a 13 percent...

Source : Prokerala | 371 Day(s) AgoCategory : Business

Kolkata Port profits up 29 percent, cargo handling down : Headlinesindia

Kolkata Port profits up 29 percent cargo handling down : Webindia123

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