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Gold scales new peak
No imports this month; jewellery demand comes to a standstill. Chennai, Feb. 17 Gold prices zoomed to a record high on Tuesday as global investors turned to the yellow metal on fears over global economy and inflation. A slump in the equities ...

Gold ETFs rise to record high
BL Research Bureau Gold ETFs hit a new high on Indian bourses on Tuesday even as the equity markets slid further, on lingering disappointment over the Interim ...



Mr Anand Sharma (left), M...
TODAY'S PICK (Latest Audio: English)
Union Bank of India (Rs 135.30): Sell
We recommend a sell on Union Bank of India stock from a short-term trading perspective. It is apparent from the charts of this stock that it had been on an intermediate-term uptrend from its July low of Rs 96 till it encountered resistance at ...

Day Trading Guide


Govt moves to dissolve Maytas’ boards
SFIO probe shows nexus with Satyam fraud; CLB to hear the case on Feb 24. New Delhi, Feb. 17 With the ‘nexus’ between the Satyam Computer Services and its two group companies – Maytas Infra Ltd and Maytas Properties Ltd – ...

Airlines post Rs 3,195-cr loss in 2007-08
New Delhi, Feb. 17 The five major domestic airlines have reported a combined loss of Rs 3,195.27 crore during 2007-08. The airlines which reported losses during the year are Air India, Kingfisher, Jet Airways, Go Air and low cost ...

Insurance sector excluded from new norms for total foreign investment
New Delhi, Feb. 17 The insurance sector has been kept out of the recent Government guidelines for calculation of total foreign investment in Indian companies. This is because the insurance sector is specifically governed under a statute ...

Govt estimates petro product demand for 2008-09 at 133 mt
Bulk of country’s crude demand is met by West Asia: Deora. New Delhi, Feb. 17 India’s demand for petroleum products during 2008-09 is estimated to be 133.4 million tonne (mt), the Minister for Petroleum & Natural Gas, Mr Murli ...

Govt to hike DAVP ad rates by 10%
Still open to new relief packages, says Minister. Mumbai, Feb. 17 The Information and Broadcasting (I&B) Ministry has decided to hike the advertising rates of the Directorate of Advertising and Visual ...

Media and entertainment industry bet on IPL to beat the slump
PRIME DRIVER. The Indian Premier League, which has emerged as a hot media property and redefined the concept of sports in India, is likely to continue its upbeat streak, despite the recessionary ...

Net sales, profit growth rates slowing: CII report
Bottom of the pyramid demographics
Chennai, Feb. 17 About 75 per cent of the country’s population lives in villages but agriculture accounts for only 20 per cent of GDP. Even today people never hesitate to trot out this tired old line to dramatise the plight ...

Rupee to test 50-mark(Latest Audio:English)
Indian rupee resumed its southward journey against the dollar after a protracted sideways movement spanning almost two months. Concerns regarding increased Government borrowing target and widening current account deficit caused this bout ...


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Markets (Feb 17)
Nifty (at close)2,770.50(-78.00)
US Dollar (Buy/Sell)49.03/04
Brent crude (a bbl) Rs2,060
Gold (a gram) Rs1,386
Silver (a kg) Rs23,490


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