Business Daily from THE HINDU group of publications
Monday, June 18, 2007
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Commodities (June 16)
Gold (per gram) Rs812
Silver (per gram) Rs19.35
Brent crude (per bbl) Rs2,931
Markets (June 15)
BSE Sensex14162.71 (-41.01)
S&P CNX Nifty4171.45 (+1.45)
US Dollar (Buy/Sell)40.94 (-0.03)

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Two consortia in race to set up power exchanges
Both contenders in the process of getting regulatory nod More

Component makers set to follow auto majors into overseas markets
Cos may also source components from local suppliers abroad More

DLF expects to get listed in early July
`Property prices will find their place' More

Clueless market gropes for direction
Liquidity crunch may dampen spirit More

Mid-cap funds and volatile market
Imagine a fund that has well over 100 stocks in its portfolio. Imagine a fund manager who has to fit in all those efficiently day after day, all the time making sure that the portfolio is not too unwieldy. Chances are that the fund in question ... More

Gold prices may take cue from global currencies
To come under pressure in the near term More

US Fed: Between Scylla and Charybdis
The US economy has come this far unscathed simply because the dollar is the world's reserve currency and Asian central bankers allowed this situation to continue despite deteriorating fundamentals. Sooner than later, however, they will demand higher interest rates on dollar holdings to compensate for the diminishing purchasing power. That would be the final blow that ends an era of low interest rates, deficit spending and, indeed, US consumption-led growth, says SHANMUGANATHAN N. More

Cranes Software close to buying out Proland
Board meeting this week More

It's now a `manage-mind business'
Eternal values for the world of business More

`Low' may unleash monsoon fury over peninsula
The `low' expected to materialise over west central and adjoining northwest Bay of Bengal on Tuesday may trigger what looks like to be the most vigorous phase yet of the monsoon with hints of a tropical cyclone being thrown in for good measure. ... More

A lot at stake
Recent TRAI recommendations threaten to swamp small Internet service providers, leaving them fighting for survival. More


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