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8,044 children (aged five to 17) are estimated to be working in the garment industry in eight wards of the National Capital Territory of Delhi. 87% of these children were working in household units and 13% at addas (small-scale commercial units). 82% children said that given an opportunity, they would not like to attend school. These are some of the key findings of a study conducted by Save ...
Chinese authorities have arrested a man who allegedly spread rumors about people in Beijing jumping off buildings in response to a stock market crash, state television reported on Sunday.The 29-year-old man, surnamed Tian, was detained for "disorderly behavior", China Central Television said.He alleged wrote on social media on July 3 that "there are people, because of the stock market crash, who have ...
Gold prices recovered by Rs 50 to Rs 26,550 per 10 grams at the bullion market today, snapping its three-day falling streak, on emergence of buying by jewellers and retailers at prevailing levels. Silver also advanced by Rs 200 to Rs 36,200 per kg on pick up in demand from industrial units. Bullion traders said revival of buying by jewellers and retailers at existing levels, helped gold to regain its glitter. ...
The Reserve Bank of India and the finance ministry are in talks to scrap bulk import licences for a gold-silver alloy used by domestic refiners, months after relaxing curbs on gold imports, officials with direct knowledge of the discussions told Reuters.Gold is India's second-highest import in value terms, and a jump in imports widened the current account deficit in 2013, sparking the country's worst ...
* Euro initially falls over 1 pct, but soon steadies * Risk aversion lifts yen, though markets orderly * US equity futures down 1.4 pct, bond futures jump By Wayne Cole SYDNEY, July 6 (Reuters) - The euro fell sharply in Asia on Monday after polls suggested the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in ...
By Karolina Tagaris and Lefteris Papadimas ATHENS (Reuters) - Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro. With nearly a fifth of the votes counted, official figures showed 60.4 percent of Greeks ...
London: Forgiving debt, if done right, can get an economy back on its feet. The International Monetary Fund certainly thinks so, according to a new report in which it argues Greece should get help. But Germany, another major creditor to Greece, is resisting, even though it knows better than most what debt relief can achieve. After the hell of World War II, the Federal Republic of Germany - commonly ...
Factory worker Satomi Iwata has new co-workers, a troupe of humanoid automata that are helping to address two of Japan's most pressing concerns - a shortage of labour and a need for growth.The 19 robots, which cost her employer Glory Ltd about 7.4 million yen ($60,000) each, have eye-like sensors and two arms that assemble made-to-order change dispensers alongside their human colleagues in a factory ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
* Euro initially falls over 1 pct, but soon steadies * Risk aversion lifts yen, though markets orderly * US equity futures down 1.4 pct, bond futures jump By Wayne Cole SYDNEY, July 6 (Reuters) - The euro fell sharply in Asia on Monday after polls suggested the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in ...
By Pete Sweeney and Samuel Shen BEIJING/SHANGHAI (Reuters) - China's stock markets face a make-or-break week after officials rolled out an unprecedented series of steps at the weekend to prevent a full-blown stock market crash that would threaten the world's second-largest economy. The government is anxiously awaiting the market opening on Monday to see if the new measures will halt a 30 percent ...
By Karolina Tagaris and Lefteris Papadimas ATHENS (Reuters) - Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro. With nearly a fifth of the votes counted, official figures showed 60.4 percent of Greeks ...
DHAKA, July 5 (Reuters) - The Organisation for Economic Cooperation and Development (OECD) has upgraded its rating for Bangladesh, in a move that should make it easier for local entrepreneurs and banks to secure credit, the country's central bank governor said on Sunday. Atiur Rahman said the decision was made at a meeting of the Swiss Export Credit Agency last week, which he attended. He said ...
An Ontario court on Friday rejected the city of Toronto's request for an injunction to halt Uber's operations in Canada's largest city.Judge Sean Dunphy dismissed the application and said there was no evidence the company operates as a taxi broker, according to a copy of the ruling provided by Uber."We are pleased with today’s ruling, which confirms that ridesharing is a new business model, distinct ...
WARSAW, July 3 (Reuters) - Poland is competing with Slovakia to host a new $1.9 billion car plant to be created by an Indian automaker, Polish Deputy Prime Minister Janusz Piechocinski said on Friday. "The investor wants to start production in 2019," Piechocinski said. "This will be 350,000 cars per year, the investment is worth 7 billion zlotys ($1.9 billion)." Piechocinski declined to say if ...
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