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LIVE updates | Commexes turnover up by 79% till Sept

LIVE updates | Commexes turnover up by 79% till Sept
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First Published: Thu, Oct 20 2011. 01 50 PM IST
Updated: Thu, Oct 20 2011. 01 50 PM IST
The turnover of the 23 commodity exchanges in the country rose by 79 per cent to Rs 92,61,052 crore in the April-September period of the current fiscal, driven by increased trade volumes in gold and other metals, the Forward Markets Commission (FMC) said.
The turnover of the commodity exchanges stood at Rs 51,72,550 crore in the corresponding year-ago period, the FMC said in a statement. (PTI)
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Clinton arriving in Pakistan for talks
US Secretary of State Hillary Clinton will hold talks with Pakistan’s leadership to press the country to crack down on the Haqqani network to facilitate the process of reconciliation in neighbouring Afghanistan as she arrives in Islamabad on Thursday.
Clinton will be accompanied by CIA chief Gen David Petraeus and Joint Chiefs of Staff chairman Gen Martin Dempsey, and she will hold meetings with Pakistan’s civil and military leadership, including President Asif Ali Zardari, Prime Minister Yousuf Raza Gilani and army chief Gen Ashfaq Parvez Kayani. (PTI)
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Outlook darkening for Ericsson after strong Q3
Economic uncertainty and a shift to lower margin business cloud the outlook for Ericsson, the world’s top mobile network maker, after a forecast-beating third quarter driven by a surge in mobile broadband use.
Smartphones and tablet computers have fuelled demand for faster, more efficient networks, boosting sales for Ericsson in recent quarters. (Reuters)
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China says debt crisis solution lies with Europeans
China’s Foreign Ministry said on Thursday that the solution to the European Union’s debt crisis lies with Europe, ahead of a summit between China and the bloc next week.
China believes that European countries will unite to tackle their economic difficulties, ministry spokeswoman Jiang Yu told a regular news briefing, adding China is willing to help them overcome these problems. (Reuters)
• • •
Outlook darkening for Ericsson after strong Q3
Economic uncertainty and a shift to lower margin business cloud the outlook for Ericsson, the world’s top mobile network maker, after a forecast-beating third quarter driven by a surge in mobile broadband use.
Smartphones and tablet computers have fuelled demand for faster, more efficient networks, boosting sales for Ericsson in recent quarters. (Reuters)
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First Published: Thu, Oct 20 2011. 01 50 PM IST
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