Tag Archives: Rise

Car tax to rise for most drivers who buy new vehicles, RAC claims

The vast majority of drivers buying new cars will pay significantly more in car tax from April 1, a motoring organisation has claimed. Up to two-thirds of new vehicles that fall into three of the most popular tax bands will leave their owners worse off as a result of sweeping changes being made to Vehicle Excise Duty (VED), according to ... Read More »

Sony Sees Average Selling Price of Smartphones Rise, Second Only to Apple: Report

According to a blog post by freelance journalist Charles Arthur that estimates global smartphone sales figures in Q4 last year, Sony has the highest average selling price (ASP) for its smartphones – only behind Apple. Average selling price for a smartphone manufacturer represents the average price at which it sells its current smartphone lineup. In Q4 2014, Sony’s ASP was ... Read More »

Jai Bala Bets On Sharp Rise of Rupee Against Euro

Jai Bala of 1857 Advisors is “very bullish” about rupee vs euro. The sharp movement of the rupee against the US dollar this year has kept many traders on tenterhooks. But here is something that could make foreign exchange traders even more jumpy: The rupee could rally to 61 against the euro from current level of around 74, says Jai ... Read More »

US Jobless Claims Rise, But Labor Market Firming

Washington: The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market’s resilience was reinforced by another report on Thursday showing announced layoffs by US companies tumbled 18 per cent in February. The signs of sustained labor market strength were the latest indication the ... Read More »

India’s January Gold Imports Rise 62%: Report

New Delhi: India’s gold imports in January surged 62 per cent compared with the same period last year, news agency NewsRise Financial reported on Tuesday citing a government official, as the country’s appetite for the precious metal continues unabated despite duties. India, the world’s second biggest consumer of gold, shipped in 93.3 tonnes of gold last month while overseas purchases ... Read More »

Ashok Leyland Sales Rise Over 30% in January

New Delhi: Hinduja Group flagship firm Ashok Leyland on Monday reported a 30.47 per cent increase in total sales at 13,886 units last month. The company had sold 10,643 units in January 2015. Sales of medium and heavy commercial vehicles jumped 39.94 per cent to 11,208 units last month as against 8,009 units in the corresponding period a year ago, ... Read More »