Business Daily from THE HINDU group of publications
Monday, August 20, 2007
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Commodities (Aug 18)
Gold (per gram) Rs823
Silver (per gram) Rs17.80
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BSE Sensex14141.52 (-216.69)
S&P CNX Nifty4108.05 (-70.55)
US Dollar (Buy/Sell)41.34 (-0.01)

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Reliance sees hydrocarbon prospects in new KG block
Company set to enter the next phase of testing More

UPA, allies bid to find middle ground with Left
New Delhi, Aug. 19 A day after the Left parties served an ultimatum to the Government on the Indo-US civil nuclear deal, hectic attempts were made by the UPA and its allies here to break the logjam.A meeting of the Congress core group ... More

NIC launching risk cover for property title
Product will deal with issues of suits, disputes More

Essar Steel plans more service centres at auto hubs
More

UB Group calls off ties with NZ co
More

Political uncertainties may dampen sentiment
All eyes on the Left meeting this week More

Global financial crisis: ‘A lot more is yet to come’
Chennai, Aug 19 The current liquidity crisis that central bankers around the world are battling with is “just the tip of the vast American mortgage iceberg, and is likely to simmer in the coming months,” says Dr Ravi Batra, Head, ... More

A bad month for sectoral funds
The last few days, marked as they were by a rapid and sharp decline in stock prices, have come as a major lesson for those getting too snug about the advancing equity market.That NAVs of equity funds have witnessed a rout is clear from ... More

Forward premia drops on Fed move to check sub-prime crisis
Capital inflows not likely to be affected More

Pains from the sub-prime fiasco
With the increasing role of Sovereign Wealth Funds, China, Japan and Singapore may soon insist on demanding better supervisory and monetary management in disaster-prone countries, such as the US. More

Gold to take lead from financial markets
Medium-term prospects for a rebound look good More

Rural BPO cradles young dreams
Innovative project to take IT jobs to villages More

Microsoft IT builds on software + service model
India unit key to global support operations More

Airlines cash in on soaring demand in India-US sector
More

Rural households’ dependence on moneylenders continues: RBI study
Coimbatore, Aug. 19 Despite the spread of banking in the modern context, changes in the financial sector and the rising awareness about the credit delivery system among rural household, the number of moneylenders and the quantum lent by them ... More

Stock market woes
Why the global financial markets are in free fall. More

Breaking free
As the ITES-BPO segment of the tech industry looks at the next level of growth, there is high-decibel demand to treat it as a separate entity. . More

Welcome rains for Central India, west coast
Thiruvananthapuram, Aug 19 Flooding rains have returned to West Bengal, Orissa, Chhattisgarh and Jharkhand as Saturday’s well-marked ‘low’ over North Bay of Bengal, adjoining West Bengal and Bangladesh crossed over into land ... More


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