News Reality

Indian crude breaches $60 a barrel; are excise cuts coming?

India imports over 80 per cent of its crude oil requirements which translates to 157.5 crore barrels annually
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The combined market valuation of five of the 10 most valued companies fell by Rs 38,724.25 crore last week, with SBI being the worst hit. Other firms which suffered losses in their
The rich are getting richer in India while the poor are getting poorer. Part of the blame should go to India’s socialists, who ruled the country before the 1980s.
Last week, I featured a chart of the V-shaped bottom that occurred in October 2014. After last week's action is this now more likely and what are the signs that such a bottom has been completed?
The rising wedge formation on the Russell 2000 index peaks and collapses -- just like in the technical analysis textbooks.
Market volatility has surged over the last few weeks for the first time in several years. Now people are asking what they should do if the volatility continues.
Ashok Mehta appointed interim CEO
A disturbingly weird chart showing how tied stocks are to VIX futures.
Global indices projected a mixed picture as the US markets along with the Asian markets recorded gains in the week gone by. But the Indian markets including the Sensex and the Nifty remained flat as
A delegation of senior officials from the Securities Board of Nepal and the Ministry of Law, Justice and Parliamentary Affairs, Government of Nepal, have been on a week-long working
Kraft Heinz should tend to its own brands before snapping up more.
The Dow Jones Industrial Average rose 0.08 percent to end at 25,219.38 points, while the SP 500 gained 0.04 percent to 2,732.22. The Nasdaq Composite dropped 0.23 percent to 7,239.47.
Profit taking heading into the long weekend could help explain some of the late selling that took markets down from their highs. Walmart earnings loom large Tuesday.
Balfour is part of a consortium picked to build a train network at Los Angeles International Airport. The project includes six stations, a maintenance garage and moving walkways.
Struggling Toys R Us has just ten days to pay off the massive VAT bill – and is unlikely to stump up the funds unless a white knight investor rides to the rescue.
Mulberry makes 50 per cent of its leather goods in British factories and has sold a range of handbags created by supermodel Cara Delevingne. It is the largest manufacturer of luxury goods in the UK.
The Office for National Statistics said sales of sporting equipment rose by more than normal in January as Britons resolved to get fit and run off the Christmas turkey.
Segro, which provides warehouses to Amazon, stormed to the top of the FTSE 100 leader board yesterday after delivering a strong set of results.
EDF reported a 33 per cent fall in earnings in the UK despite hiking gas and electricity prices. The French firm said underlying earnings tumbled to £889m last year.
The engineering giant, which makes car and aircraft parts, has already announced plans to hand £2.5billion to shareholders if it wins its fight for independence.

Recent News

Light quake jolts eastern Iran

Semnan, Feb 18, IRNA - An earthquake measuring 4.3 on Richter scale shook the village of Khij near the city of Semnan, north central Iran on Sunday.
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Bandits shoot, chop bus driver in Plaisance attack

A minibus driver was shot and chopped on Thursday evening at Victoria Street, Plaisance, East Coast Demerara, after he refused to comply with the orders of bandits.
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Bush Lot labourer hospitalised after being struck by hire car

A Bush Lot, Corentyne, Berbice labourer was hospitalised in a serious condition yesterday afternoon after he was struck by a Toyota Fielder Wagon while returning home on his bicycle.
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Driver dies after timber truck topples on Potaro road

A man died on Thursday night after the truck he was driving toppled, pinning him along 14 Miles Potaro Road, in Region Seven.
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Subryanville residents call on M&CC to withdraw permit for Farnum playfield works

Residents of Subryanville, Georgetown say that they are still waiting to be engaged by the Mayor and City Council (M&CC) over the use of the Farnum Community ground and other issues affecting the
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‘Major embarrassment,’ Ramjattan says

After years of work and millions spent, the rehabilitation and expansion of the Brickdam Police Station’s lockup are still not yet completed.
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AG’s Chambers denies blame for missing evidence in lawyer’s causing death trial

The Attorney General’s Chambers yesterday sought to distance itself from the recent dismissal of a causing death by dangerous driving charge against attorney Keisha Chase, who was acquitted due to i
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Family suspects inside knowledge led to $7.4M Vryheids Lust robbery

Inside knowledge of the settlement of a longstanding debt is suspected to have led to the robbery committed on US-based Guyanese Deodat Ramdeo and his cousin, Deomattie Seeram, from whom over $7 milli
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No evidence of employee complicity in robbery of customer, Republic Bank says

Republic Bank (Guyana) Limited has distanced itself from the claim that a bank employee was complicit in the recent armed robbery committed on a customer, while stressing that it has an obligation to
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