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The Organisation for Economic Co-operation and Development has said that it expects the UK economy to grow 0.9 per cent between July and September between July and September quarter.

The organisation also said that it expects the British economy to grow 0.8 per cent during the fourth quarter of the year as the economy records strong recovery. It indicated that UK might emerge as the best performing economy in the developed world. The growth rate forecasts are the best since 2012 and are higher than that for the US, Canada, Japan, Germany, France and Italy.

Software giant, Microsoft has agreed to acquire the struggling handset business of finish company, Nokia that once ruled the mobile handset market across the world.

The Reserve Bank of India (RBI) on Tuesday directed banks to make sure that housing loans sanctioned to individuals must be disbursed in line with the completion of the different stages of construction of a project.

The central bank made it mandatory for banks that all disbursements of housing loans must not paid upfront to the developer/builder.

The main objective behind the move is to protect borrowers of home loans from the potential risk of a dispute between the borrower and developer.

Mumbai, Sep 4 - After plunging 650 points a day ago, a benchmark index of Indian equities markets Wednesday surged by 354.32 points or 1.94 percent during pre-noon trade.

The rally was led by oil and gas, metal, auto, banking index (bankex), consumer durables, public sector undertakings (PSU), IT, healthcare and capital goods sectors. However, fast moving consumer goods (FMCG) and realty sectors were trading marginally down.

Mustard yesterday settled up 2.62% at 3688 as moderate d

Wheat yesterday settled down -0.44% at 1590 due to weak global demand