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Pranab is new Finance Minister
Railways for Mamata; Pawar retains Agriculture, Food and Consumer Affairs. New Delhi, May 23 Though only 19 members of the Union Cabinet have taken oath as of now, for the Prime Minister, Dr Manmohan Singh, it was business as usual on Saturday. ...

For him, it’s Budget at short notice again
New Delhi, May 23 The newly appointed Finance Minister, Mr Pranab Mukherjee, has been there before. But not even he has done it all, because when reforms began in 1991, Mr Mukherjee was out in the political ...



Debut: A file photo dated...
Mid-cap stocks play catch up
Before this unexpected market rebound got underway, market watchers believed that large-cap stocks were the best option to ride a recovery wave. Mid-cap stocks were widely expected to lag large-cap stocks in a rebound, given the ...


Monsoon sets in eight days earlier
Cyclone formation alert in Bay of Bengal. Thiruvananthapuram, May 23 The southwest monsoon entered Kerala coast on Saturday, eight days earlier than the June-1 normal, even as a cyclone formation alert went live in the Bay of ...

IPL-2 lives up to expectations
BIZ OF SPECTACLE. Mumbai, May 23 Two cities from the South of the Vindhyas are set to pit their might against each other in the second season of the Indian Premier League’s (IPL) grand finale on Sunday at ...

Index Outlook
The weekly candlestick chart of Sensex in which a small star is hanging high above the up-move recorded so far says it all. The fantastic outburst on Monday has taken Sensex in to a different orbit altogether. Though there could be no denying ...

Rural Electrification Corp: Buy
Investors can consider buying the Rural Electrification Corporation (REC) stock as it has immense growth prospects. However, phased buying is recommended given the run-up in PSU stocks and the likelihood of a volatile market. The NBFC has ...

HCL Infosystems: Hold
Investors can retain their holding in HCL Infosystems, keeping a two-three-year horizon, in light of the company’s ability to tap into domestic IT hardware market, especially from the government and ...

Ahluwalia Contracts (India): Buy
Ahluwalia Contracts India (ACIL), a long-established construction contractor, operates primarily in the commercial, residential and industrial contracts space. The stock, at its current price of Rs 62.3, trades at 6.5 times its ...

Voltamp Transformers: Buy
A healthy order book, improved volumes in the March quarter, low debt and revival in activity in the transmission and distribution space buttress the earnings visibility for Voltamp Transformers. Investors with a two-three-year perspective ...

Franklin India Bluechip Fund: Invest
New investments can be considered in Franklin India Bluechip Fund, based on fund’s good long-term track record. After suffering a setback to its performance (relative to its benchmark and peers) in 2007, the fund made a comeback during ...

Equity Funds — Who participated in the rally
After falling many paces behind the bellwether index in the initial part of this stunning stock market rise, equity mutual funds have begun to catch up in recent weeks. Diversified equity funds (as a category) now sport a three-month ...

The why and how of circuit limits
Earlier this week, history was made by the Indian stock market as a euphoric reaction to the Congress-led UPA winning the elections. It was a ‘golden Monday’ or so investors ...

Weekly News Round up(Latest Audio:Enlgish/Tamil))
Dr Manmohan Singh was sworn in along with 19 Cabinet members at the Rashtrapati Bhavan on Friday. The new entrants to the Union Cabinet include the Trinamool Congress chief, Ms Mamata Banerjee, the Rajasthan Congress Party President, Mr C.P. ...


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Markets (May 22)
Nifty (at close)4,238.50(+27.60)
US Dollar (Buy/Sell)47.10/12
Brent crude (a bbl) Rs2,872
Gold (a gram) Rs1,350
Silver (a kg) Rs23,535


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