Tag Archives: drive

Sensex, Nifty hit fresh highs; bank stocks drive rally

Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in banking counters. Upbeat sentiment got boost on reports that the government is considering raising the foreign investment ceiling in private ... Read More »

H-1B Visa Holders Drive Innovation, Help Build US Economy: American Lawmakers

Hundreds of thousands of Indians on H-1B visas drive innovation, build and strengthen the US economy WASHINGTON:¬†¬†Asserting that H-1B visa holders drive innovation and help build and strengthen the American economy, top US lawmakers today backed the Trump administration’s decision that it was not considering any proposal which would force such people to leave the country. “H-1B visa holders, many ... Read More »

Steel stimulus drive China’s strongest economic growth since 2015

China’s economy expanded faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years. Growth of 6.9 percent was the fastest in six quarters, with forecast-beating March investment, retail sales and exports all suggesting the economy may carry solid momentum into spring. But ... Read More »

Investors seek profit turnaround to drive stocks higher

A heavy slate of U.S. corporate earnings could set the course next week for a wavering U.S. stock market. Better-than-expected big bank earnings on Friday somewhat helped shore up Wall Street’s confidence, which has been shaken by a rocky beginning to third-quarter reporting season, marred by disappointing results from industrial and healthcare companies. But with the bulk of results still ... Read More »