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Last updated: 07 Oct, 2009  
 Americas


Wall Street stocks gain on optimism for US economy
DPA | 26 Nov, 2009
US stocks rose Wednesday after three separate reports offered signs that the US recovery is gaining steam.
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General Motors to cut about 9,000 jobs in Europe
DPA | 26 Nov, 2009
General Motors is to reduce its Opel workforce in Europe by about 9,000, the US car company's new chief executive for Europe, Nick Reilly, said Wednesday in Germany on a tour to meet political and labour leaders.
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China extends $51 mn in loans to Ecuador
EFE | 26 Nov, 2009
Ecuador is to receive $51.2 million in loans from China under bilateral economic accords signed here at a ceremony attended by Ecuadorian President Rafael Correa.
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Washington Post closes bureaus outside US capital
DPA | 26 Nov, 2009
The Washington Post will close its remaining bureaus outside the US capital, the paper said Wednesday, in an attempt to cut costs in the prevailing economic climate.
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US economic rebound smaller than thought, but Fed optimistic
DPA | 26 Nov, 2009
The US economy's rebound from a deep recession was smaller than initially thought, according to new government figures, but the Federal Reserve said it expects the country's recovery to pick up the pace in the coming year.
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US stocks edge lower on revised growth figures
DPA | 25 Nov, 2008
US stocks fell slightly on Tuesday as government figures showed that last quarter's economic rebound was smaller than initially thought.
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US central bank issues rosier outlook on economy
DPA | 25 Nov, 2009
The US Federal Reserve Tuesday raised its growth forecasts for the US economy, but warned that unemployment in the US will remain for some time at its highest levels in a generation.
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US economy grew 2.8 per cent in third quarter
DPA | 25 Nov, 2009
The US economy grew at an annual rate of 2.8 percent in the third quarter of this year, according to an updated government estimate Tuesday that confirmed the US has likely emerged from its deepest recession in decades.
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US levies fines on airlines who stranded passengers
DPA | 25 Nov, 2009
Three US airlines were fined a total of $175,000 Tuesday for leaving passengers stranded nearly six hours on an aircraft, the first-ever such penalty imposed by the US government.
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US stocks gain on surprise home sales recovery
DPA | 24 Nov, 2009
US stocks surged Monday after the release of some surprisingly buoyant data on home sales.
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  Top Stories
» 'Young Turks need to find alternate ways for finance'
» Changes in Direct Taxes for gems, jewellery industry sought
» No need to ban cotton export, says Maran
» Focus on R&D, skill development: Nath
» Focus on non-agri exports to Phillipines, govt. to exporters
 
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  Customs Exchange Rates
Currency Import Export
US Dollar
47.30
46.40
UK Pound
77.50
75.55
Euro
70.65
68.90
Japanese Yen 51.60 50.15
As on 27 Nov, 2009
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