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One year on, lock industry trembles due to demonetisation

Aligarh (U.P.), Nov 07 (ANI): Aligarh's lock industry is still facing shortage of demand even after one year of demonatisation. The manufacturers claim they faced heavy unemployment post the ban on old currency notes. The lock manufacturers also said that GST brought another wave of shock in the already trembling industry.

Brass industry goes from bloom to gloom one year after demonatisation

Moradabad (Uttar Pradesh), Nov 07 (ANI): Moradabad's famous brass industry is still struggling to release from the clutches of demonatisation. The brass industry, which earlier saw bloom in full swing, is now facing a phase of gloom one year after the ban on notes. If demonatisation was not enough of a shock for the manufacturers, GST brought more trouble for the industry.

Amazon discounts to compete with Walmart

New Delhi, Nov 07 (ANI): Amazon is cutting prices of products from third-party sellers on its website. It's part of a plan to better compete with low-priced rivals, like Walmart, during the holiday season. Amazon says it sells products at lower prices while still giving full price to the sellers. But some merchants have criticised the company in the past for discounting. They say it's devaluing their products.

One year of demonetisation: Traders still blame it for their losses

Kanpur/Varanasi (U.P.), Nov 07 (ANI): While the Centre-led demonetisation completes a year on November 8, traders in parts of Uttar Pradesh still blame the step for their losses. A Kanpur-based trader said that the sales had hit rock bottom after labourers returned back to their native places. "Many mills, which employed 10 to 50 labourers earlier, are now managing with two workers", he said. Announced on November 08 last year, the move to scrap rupee 1,000 and 500 notes was taken to bring down the menace of black money.

Want to start your own business? Here are 4 smart ways to manage your expenses

New Delhi, Nov 04 (ANI): It takes an immense amount of hard work, patience and strong financial support to start your own business, and turn it into an asset. Many businesses fail in the early stages due to lack of planning and inability to manage expenses. Here are four smart ways to manage expenses when starting your own business from scratch-Look for smart office space solutions-Leasing an office space is one of the biggest investments in any business. Early-age startups do not require a large office space. Moreover, the concept of virtual office provided by business centres is also gaining momentum these days. It allows a person to use a rented office space as per their requirement without physically being present there-Cost sharing- One does not need to own everything when starting a business. The cost of small basic amenities like printer, kitchen supplies, mail services, and telephones adds up to a big amount that one has to pay every month. Sharing the amenities with other star

Apple stock hits record

New Delhi, Nov 04 (ANI): Apple stock hit a record high as customers lined up outside Apple stores across the world to get their hands on the new iPhone X. The glass-and-stainless-steel iPhone X features an edge-to-edge display and an innovative camera that uses facial recognition to unlock and operate the phone. Last week, users trying to order the iPhone X on Apple's website were told the wait was up to six weeks. Now it's down to three to four weeks. The rush of interest in the new phone came after Apple issued an upbeat sales forecast for the year-end holiday shopping season.

ICICI Bank to launch voice-based international remittance service for NRIs

New Delhi, Nov 03 (ANI): ICICI Bank with Apple, on Thursday announced the launch of India's first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India. With this new feature in the ICICI Bank's Money2India app, an NRI customer can instantly initiate a remittance to his/her existing payees in India with just a simple voice command to Apple's virtual voice assistant, Siri, on their iPhone/iPad. A first-of-its-kind cross-border remittance service by a bank in the country, aims to improve customer convenience significantly as it replaces a five-step process, which was earlier required to initiate a remittance to India earlier. To get the benefit of this unique offering, the customer needs to simply speak out the 'nickname' of the registered payee in the Money2India (M2I) app to whom he/she wants to send money.

Steep rise in Facebook profits, no sign of impact from Russia scandal

New Delhi, Nov 03 (ANI): Facebook earnings soar with a 79 percent increase in quarterly profit, the tech giant apparently insulated from criticism over its failure to prevent Russian operatives using its platform for US election meddling. More than just a thumbs up for Facebook. Third quarter profits soared 79 percent and total revenue increased 47 percent to $10.33 billion. Facebook's faced criticism from Washington over its failure to prevent Russian operatives from using the platform for election meddling. The company plans to add 10,000 people to review content on the network but the extra spending will likely hit profits, with expenses expected to grow by 45 percent to 60 percent next year. Facebook has said that people in Russia bought at least 3,000 U.S. political ads, which were seen by millions of Americans over two years.

McDonald's sales top forecasts after promotions push

New Delhi, Oct 25 (ANI): One-dollar drinks and the McDonald's deal helped McDonald's beat Wall Street expectations in the third quarter. The United States same-store sales rose more than expected. Global comparable sales topped forecasts as well. McDonald's has been working on reversing lower traffic at its U.S. restaurants, where it gets most of its profit. It added new items to its menu, such as the fresh beef Quarter Pounder and Signature sandwich. It also started mobile ordering and delivery.

Samvat 2073: New highs for stock markets

Highlights of Samvat 2073 and the outlook for the upcoming financial year

GST dampens Diwali spirit for traders in Kanpur

Kanpur (Uttar Pradesh), Oct 14 (ANI): Traders and shopkeepers dealing in Chinese lights in Kanpur blamed the Goods and Services Tax (GST) for a slump in business ahead of the festival of Diwali. The implementation of GST has an adverse effect on festive shopping. It has left many small traders and businesses unhappy with poor Diwali sales. The levy imposed on Chinese products has been fixed at 28 percent, which has inflated prices of raw materials. GST, launched on July 1, is India's biggest tax reform in the 70 years since Independence.

Apple unveils iPhone 8, iPhone 8 Plus, iPhone X

New Delhi, Sep 13 (ANI): Apple launched its new slew of gadgets on Tuesday in a special Apple event held in Apple's Steve Jobs Auditorium. The event unveiled much-awaited iPhone 8, iPhone 8 Plus and iPhone X. While iPhone 8 and iPhone 8 plus stand to be the regular updated models launched annually with a few new features, iPhone X is an entirely unique and impressive gadget as the phone is packed with some of the most amazing features. Starting from its looks, well, iPhone X looks like no other iPhone with its edge to edge display. It flaunts a 5.8 inch OLED Super Retina HD Display, A11 Bionic processor and iOS 11 operating system. The phone is available in 64GB and 256GB internal memory variants. Keeping the name of the company up, the camera of this phone is equally impressive with 12MP dual rear vertical setup and 7MP front camera that can capture reality like a dream. To get your hand son this dream-come-true device, you will have to spend at least $999 for the 64GB model. All in a

Trade integration between China, India is testimonial of trust between them: Senior Economist

Xiamen (China), Sep 02 (ANI): Ahead of the commencement of BRICS summit, Senior Economist for a Spanish bank, Sumedh Devrokar, said trade integration between China and India is testimonial to trust between them, at the economic level. Devrokar is in Xiamen to attend BRICS summit to get an idea of how the five countries (Brazil, Russia, India, China and South Africa) are going ahead. BRICS is an acronym for Brazil, Russia, India, China and South Africa and is an association of these countries.

RBI cuts repo rate by 25 basis points to 6 percent

Mumbai, Aug 02 (ANI): The Reserve Bank of India (RBI) on Wednesday presented its third monetary policy review for the current fiscal year, in which it cut the repo rate by 25 basis points to 6 percent. RBI Governor Urjit Patel said that Inflation has fallen significantly in last three months due to implementation of GST and well distributed rainfall during the monsoons. He also said that inflation is expected to increase with the current fiscal. The RBI's Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel met for 6th time since its inception.

Abu Dhabi based firm to invest USD 1 billion to develop logistics in India

New Delhi, May 04 (ANI): Marine and inland terminals giants DP World today pledged USD 1 billion investment in India's marine infrastructure. The company's Chairman and CEO Sultan Ahmed Bin Sulayem said that the investment will develop existing ports and focus on more use of waterways as a mode of transportation within India as it is much faster by the sea.

Investors celebrate 190.11 points rise in Sensex

Mumbai, Apr 26 (ANI): Bombay Stock Exchange (BSE) investors and employees today celebrated 190.11 points rise in the Sensex. With the help of this rise the Sensex closed at 30,133.35 points and NIFTY at 9,351.85. According to market experts this was the biggest gain since 1992.The Indian economy is now on a course of consistent growth of 7.5% of GDP and 12% growth in industry economy.

Over 400 manufacturers from across the globe showcase their products at Print Pack 2017

New Delhi, Feb 07 (ANI): Spread over 17,000 square metres, a five-day international graphic arts exhibition 'PrintPack India' in Greater Noida has attracted exhibitors from across the globe. As many as 417 manufacturers from pre-press, in-press, post press, finishing, packaging, converting and digital sectors have participated in the event. Giving details, president of Indian Printing, Packaging and Allied Machinery Manufacturers' Association (IPAMA) H V Sheth said their main aim is to encourage Indian manufacturers to come forward and use this platform to boost their businesses. Talking about the event, the exhibitors said.

BSE closes 260.31 points up on Dec 30

New Delhi, Dec 30 (ANI): Trading at the Bombay Stock Exchange today closed 260.31 points up to stand at 26,626.46. At the National Stock Exchange the Nifty closed 82.20 points up to stand at 8,185.80. Jaiprakash Associates Ltd and Housing Development and Infrastructure Ltd were among the top gainers of group A with an increase of 7.74% and 7.16% along with Shree Renuka Sugars Ltd and Shree Cement Ltd with an increase of 6.42% and 5.97% respectively, while the top losers of group A includes Engineers India Ltd and Cholamandalam Investment and Finance Company Ltd with a decrease of 9.86% and 4.02% along with IDFC Limited and IFCI Ltd with a decrease of 2.89% and 2.86% at the close of the markets. The Auto sector is up 74.25 points at 20,257.43 while the Banking sector is up 184.03 points at 20,748.74 and the Realty sector is up 13.76 points at 1,263.94. The Indian currency is 0.28% down with Rs 67.91 per dollar.

BSE closes 155.47 points up on Dec 29

New Delhi, Dec 29 (ANI): Trading at the Bombay Stock Exchange today closed 155.47 points up to stand at 26,366.15. At the National Stock Exchange the Nifty closed 68.75 points up to stand at 8,103.60. IFCI Ltd and National Aluminium CO. Ltd were among the top gainers of group A with an increase of 14.17 percent and 6.62 percent along with Cholamandalam Investment and Finance Company Ltd and Page Industries Ltd with an increase of 5.08 percent and 5.05 percent respectively while the top losers of group A include Divi's Laboratories Ltd and Unitech Ltd with a decrease of 4.14 percent and 3.19 percent along with Glenmark Pharmaceuticals Ltd and Edelweiss Financial Services Ltd with a decrease of 1.60 percent and 1.56 percent at the close of markets. The Auto sector is up at 266.82 points at 20,179.40 while the Banking sector is up at 156.46 points at 20,564.71 and the Realty sector is up at 14.08 points at 1,250.18. The Indian currency is down at 0.17% percent with Rs 68.12 per dollar.

BSE closes 2.76 points down on Dec 28

New Delhi, Dec 28 (ANI): Trading at the Bombay Stock Exchange today closed 2.76 points down to stand at 26,210.68. At the National Stock Exchange the Nifty closed 2.00 points up to stand at 8,034.85. Delta Corp Ltd and Bharat Financial Inclusion Ltd were among the top gainers of group A with an increase of 11.88% and 10.56% along with Network18 Media and Investments Ltd and Mangalore Refinery and Petrochemicals Ltd with an increase of 9.12% and 8.45% respectively, while the top losers of group A includes Welspun Corp Limited and Apollo Tyres Ltd with a decrease of 2.58% and 2.50% along with Punjab National Bank and Century Textiles and Industries Ltd with a decrease of 1.94% and 1.85% at the close of the markets. The Auto sector is up 14.69 points at 19,912.58 while the Banking sector is down 3.96 points at 20,408.25 and the Realty sector is up 2.55 points at 1,236.10. The Indian currency is 0.19% up with Rs 68.19 per dollar.