The Hindu Business Line : Wednesday, June 18, 2008

Stocks gain on higher advance tax collection
Mumbai, June 17 Investors were back in the market on Tuesday encouraged by reports of a healthy advance tax collection from corporates. A fairly widespread monsoon also drove equity markets up in the positive direction for the second day. The ... More

April-May excise mop-up grows 0.9% against full-year target of 8%
Customs revenues rise 25.1% at Rs 19,223 cr More

PSU oil sector officers demand four-fold rise in pay packet
Plan to launch agitation from June 24 More

Sahara can accept deposits maturing before June 2011: RBI
Mumbai, June 17 Sahara India Financial Corporation (SIFCL) got a breather on Tuesday, with the Reserve Bank of India giving it the permission to accept new deposits which mature before June 30, 2011. The apex bank’s directive is ... More

Edible oil prices may gain as imports decline
Stock limit forces traders, refiners to cut inventories More

Inflation control: Limits of monetary policy
More

Banks’ advance tax outgo signals robust Q1 results
SBI highest tax payer in April-June at Rs 663 cr More

Indian realty firms make beeline for overseas projects
Oil at $130, softening real estate market seen propelling change More

Another hike in key policy rates on the cards
Bankers see adverse impact on credit offtake More

Nokia plumps for productivity
Launches 2 smartphones for enterprise users More

Mobile phone as a local bank
NXP Semiconductor tool set to bring about big changes in rural areas More

Insider ‘buys’ in falling market
IDFC, Marico, PVR, Patel Engg see action More

TODAY'S PICK (Latest Audio: English/Tamil)
Allcargo Global Logistics (Rs 795): Buy
We recommend investors buy the stock of Allcargo Global Logistics with a short-term perspective. From the charts, we see that it has been on a long-term downtrend from its January 2007 peak of Rs 1,355 to its June 2008 low of Rs 620. ... More

Day Trading Guide
On Tuesday, the stock surpassed the 21-day moving average, accompanied with above-average volume. We recommend a buy.Infosys The stock is pausing at current levels. Avoid trading in this counter for the ... More

Brokerages feel the heat as volumes dry up
Branch expansions, diversification help mitigate impact More

Banking stocks rise on advance tax payment figures
Investors feel things are not that negative with the sector More

Rains pound East as depression crosses in
Thiruvananthapuram, June 17 The monsoon depression in the Bay of Bengal has crossed over into Gangetic West Bengal and adjoining Bangladesh, and is expected to keep tracking to the northwest to preside over a productive wet session in east ... More

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