Business
Nokia loses top handset maker position
[Business]
Korean electronics giant Samsung has dethroned Finnish major Nokia as the top mobile handset maker with sales of 86.6 million units in 2011, research firm Gartner said on Wednesday. ....
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Gold drops, silver also slumps
[Business]
Gold prices continued their slide at the domestic bullion market here today on hectic selling by stockists and investors amidst subdued jewellery offtake following a sustained fall in overseas markets. ....
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Rupee at historic low levels
[Business]
The rupee today plunged against the the dollar to a historic low of 54.56 before closing slightly better at 54.50 despite RBI's intervention, raising widespread concerns about the health of the economy. ....
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Sensex tanks 350 pts at close
[Business]
Stock markets tanked on Wednesday with BSE benchmark Sensex shedding over 350 points to trade below 16,000 level intra-day but it managed to close at 16,030.09, still a hefty loss of 298.16 points as the rupee plunged to record lows. ....
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India ranked 46th in trade logistics performance
[Business]
Global trade logistics performance slowed down over the last two years amid the global recession but India - ranked 46th among 155 countries - and others that pursued aggressive reforms continued to improve, according to the World Bank. ....
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Sensex tanks 252 points in early trade
[Business]
The BSE benchmark Sensex fell sharply by over 252 points in the opening trade today on fresh selling by foreign funds and retail investors, taking cues from weak Asian markets. ....
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Gold, silver price tumbles
[Business]
Gold prices tumbled by Rs 260 to Rs 28,540 per 10 gm in the national capital on Tuesday on heavy sell-off by stockists triggered by a weakening trend in international markets, amid drying up demand on off season. ....
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Sensex up at close
[Business]
Snapping a five-day losing streak, the BSE benchmark Sensex on Tuesday bounced back from its 4-month lows and closed 112.41 points higher led by capital goods, metal and IT stocks after higher trends in European markets. ....
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JP Morgan loss shows urgent need for Wall street reform:Obama
[Business]
US President Barack Obama has said the USD 2 billion trading loss by J P Morgan will be investigated and it demonstrates the need for Wall Street reform . ....
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Sensex down by 93 points in early trade
[Business]
Continuing its slide for the sixth straight session, the BSE benchmark Sensex fell further by 93 points in opening trade on Tuesday on continued selling by foreign funds amid concerns over rising inflation. ....
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