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Deposit funds with public sector banks, PSUs told
Stop inviting bids from banks to park surplus cash: Chidambaram. New Delhi, Nov. 11 The Finance Minister, Mr P. Chidambaram, is understood to have once again told cash rich central public sector enterprises (CPSEs) to stop inviting bids from ...
Oct excise revenues fall 8.7% as slowdown bites
Customs receipts too dip in Oct; April-Oct collections rise 15%. New Delhi, Nov. 11 The Centre’s excise duty revenues declined 8.7 per cent in October 2008 to Rs 9,399 crore compared with Rs 10,293 crore recorded in the same month last ...
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Money matters: (Fr...
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TODAY'S PICK (Latest Audio: English/Tamil)
EIH (Rs 83.45): Buy
We recommend a buy in EIH from a short-term trading perspective. It is evident from the charts of EIH that it has been on a medium-term downtrend from its September peak of Rs 172, gradually forming lower troughs and lower ...
Day Trading Guide
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Sensex sheds 700 points on economic worries
Mumbai, Nov. 11 Heavy profit booking after a two-day gain of more than 800 points hammered the benchmark index – the Sensex—down by almost 700 points ...
Sweden easing immigration rules to allow more workers
Longer stay on temporary work permit likely. Mumbai, Nov. 11 Indian labourers aspiring for a foreign job now have a better chance to land one in ...
‘Offshore loan deals down 46% by value’
Indian market mirrors Asian trend, says Bank of America. Mumbai, Nov. 11 The resources raised by India Inc via foreign currency syndicated loans have declined by a steep 46 per cent to around $13 billion in the first nine months of this calendar ...
Monetarism: Into the dustbin of history?
Central banks the world over are pulling out all stops to enable financial institutions and markets to come out of the current ...
Real estate sector seeks ‘stimulus package’
Easier FDI, ECB norms, rescheduling of loans urged. New Delhi, Nov. 11 The real estate sector has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term ...
RIL treads cautiously on restarting fuel retail biz
Waiting for a level playing field between pvt cos and PSUs. New Delhi, Nov. 11 Reliance Industries Ltd (RIL) will continue to tread cautiously on domestic retail fuel business. This is inspite of the softening of global crude ...
Reliance Infra to enter steel plant construction biz
Tie-up with Chinese major for technology to set up units. Mumbai, Nov. 11 The Anil Ambani-controlled Reliance Infrastructure is set to expand its engineering and construction business in India by getting into construction of steel plants through ...
Index funds fare better than sector-based ones
Pharma funds alone manage to outperform its benchmark. Mumbai, Nov. 11 Most sector-based mutual fund schemes have fared worse than their index counterparts during the past six months. These funds might have performed worse than their ...
13 cos announce buyback
Offer prices higher than current quote. Mumbai, Nov. 11 As shares plumb new lows in the market, several companies have started announcing buyback of ...
Iron ore exports dip 22% in July-Oct
Kolkata, Nov. 11 Between July and October this year, iron ore exports through the country’s major ports dropped by more than 22 per cent vis-À-vis the same period last ...
A high price to pay for food
Bangalore, Nov. 11 In 2006-07, rural India, as a whole, paid Rs 9.82 for a kg of cereals and urban India paid ...
Rupee to be range-bound
The resistance at 47 proved too strong for the rupee to surpass and it moved sideways between 47 and 48 for a few ...
Westerlies signals wet weather for northwest too
Thiruvananthapuram, Nov. 11 An incoming western disturbance is set to dictate weather over the hilly regions and plains of the northwest even as an expectant Bay of Bengal is bringing isolated heavy to scattered rains to parts of the ...
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