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Ceiling on insurance cos’ management expenses may go
Finance Ministry proposes removal of statutory ceiling. Bangalore, Jan. 4 The Ministry of Finance has proposed removal of the statutory ceiling on management expenses of all the insurance companies in ...

Non-domestic LPG cylinders likely to cost more
New Delhi, Jan. 4 After witnessing a significant drop in rates, consumers of non-domestic liquefied petroleum gas (LPG) may have to pay a marginally higher price for the product ...



IT park in Orissa: The Or...
TODAY'S PICK (Latest Audio: English/Tamil)
SREI Infrastructure Fin (Rs 46.10): Buy
We recommend a buy in SREI Infrastructure Finance stock from a short-term trading perspective. It is evident from the charts of this stock that it was on an intermediate-term downtrend from August 2008 high to early December 2008 low (from Rs ...

Day Trading Guide


Timeshare: Recession no deterrent
Mumbai, Jan. 4 At a time when the travel and tourism industry is going through a solemn phase, one of its segments, the timeshare industry, seems ...

Transporters to go ahead with strike as talks fail
Goods vehicle owners’ body not joining stir. New Delhi, Jan. 4 The All-India Motor Transport Congress (AIMTC stuck to its stand of launching an indefinite strike from tomorrow ...

Gap between rail, air fares narrowing
‘Too early to hazard guess on corporate travel policy’. The latest fare reduction announced by the domestic airline industry has further narrowed the gap between rail and air fares, especially between cities that are more than 750 km ...

Comex gold futures to rise again
Gold futures ended marginally lower on Friday due to a strengthening dollar. However, firm physical demand and geopolitical tensions are expected to underpin gold futures. The other main external influence on gold was crude oil, which ...

Commodity outlook may turn positive in H2
Gold likely to become vulnerable at higher price levels. In 2008, commodity markets witnessed extraordinary volatility between the two extremes of the price spectrum. First, a huge bull run took prices of a wide range of commodities - energy ...

Indices may move in a range
After stimulus, marketmen eyeing clues from corporate results. The second economic booster package has been rolled out on Friday. Theoretically, it should increase spending and demand for borrowing. It should also have a positive impact on the ...

Stimulus package a drop in the ocean
New Delhi, Jan. 4 The Friday Stimulus from the central bank and the Union Government, designed to pep up the spirit and revive activity amid the concerns over anaemic growth prospects for the global economy, coupled with the December 7, ...

Cross-subsidisation of health cover continues despite free pricing
Chennai, Jan. 4 Come April 1 2009, it is to be seen who has better bargaining skills corporates or insurers. Insurers say they can no longer afford to provide insurance at the premium offered currently while corporates, cutting costs due ...

Shipping lines buffeted by ill winds
Reports have it that foreign container lines serving Indian ports have not been doing too well for the past three months or so. The global meltdown is taking its toll on the country’s import and ...

LED by innovation
Light Emitting Diodes could take over from CFL in the future.. Are electricity costs pinching your wallet? Do you clench your teeth every time your child leaves a light switched on unnecessarily in an empty room? Take heart, for innovation is ...

Is the Internet addictive?
An update on changing definitions.. There is no denying that the Internet tops the spot in our lives today. From virtually instant e-mails to reading chapters from an online book or taking up a course using MIT’s Open Course Ware, the ...

Fog cover persists in N-W but mercury up
Thiruvananthapuram, Jan. 4 There has been no respite from persisting fog conditions for Punjab, Haryana, Delhi, Uttar Pradesh, Bihar, parts of sub-Himalayan West Bengal and Assam for the past day or ...


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Markets (Jan 03)
Nifty (on Jan 02)3046.75(+13.30)
US Dollar (Buy/Sell)48.55/60
Brent crude (a bbl) Rs2,336
Gold (a gram) Rs1,245
Silver (a kg) Rs19,745


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