Business Daily from THE HINDU group of publications
Saturday, February 03, 2007
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Commodities (Feb 02)
Gold (per gram) Rs873
Silver (per gram) Rs21.50
Brent crude (per bbl) Rs2,505
Markets (Feb 2)
BSE Sensex14403.77 (+136.59)
S&P CNX Nifty4183.50(+46.30)
US Dollar (Buy/Sell)44.14


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Gujarat Ambuja net soars on higher productivity
Dec quarter profit at Rs 338 cr; now it's Ambuja Cements Ltd More

Inflation rate tops 6% on costlier manufactured, food items
Wholesale price index for all commodities at 208.5 points More

Banks may have to bear part of crop insurance premium
Banks and financial institutions lending to farmers may have to bear a portion of the premium on crop insurance, if the Government accepts the recommendations of a working group. A working group on risk management in agriculture has suggested ... More

Co-developer status to SEZ cos granted
Also clears the pleas from notified SEZs for authorised operations More

Excise duty facilities withdrawn for three cos
The Finance Ministry has withdrawn two important facilities - of monthly payment of excise duty as well as Cenvat credit utilisation - for three companies following alleged excise duty evasion by them. Action has been initiated against ... More

Private cos to be asked to furnish backward class headcount details
Employees in the position of peon, clerical and assistant grade More

`Social banking critical to take credit to the poor'
Grameen Bank founder details experiments with financial inclusion More

Tata Chemicals, Total Produce to form 50:50 joint venture
To distribute fresh fruit and vegetables in India More

Reliance Comm plans $2.5-b expansion
To take conservative approach on Hutch bid More

Declining tariffs push up outgoing ILD traffic
Indian players get more leverage with foreign carriers More

TRAI reduces port charges; tariffs may drop
Tariffs set to decline from April More

Forex reserves rise $924 m
Forex reserves have risen $ 924 million to $ 179.052 billion, for the week ended January 26, on a growth in foreign currency assets. Last week, forex reserves increased by $ 702 million to $ 178.128 billion. Foreign currency assets expressed ... More

Buoyant mood takes indices to another high
Taking the positive cues from global peers, markets opened in green. During the mid session, markets gained a further momentum to touch an intra-day high, but profit booking at higher levels in the last hour of the trading, pulled the Sensex ... More

COMMODITY COMMENTARY
Govt can shore up revenues through excise duty
Levy on sugar, edible oils can fetch Rs 1,000 crore More

Bangalore not so `pink' on Tata AIG's radar
HEALTH QUOTIENT More


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