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Lower inflation, hopes on Govt sops boost markets
Bulls take Day 1 honour, though volumes remain low. Mumbai, Jan. 1 Indian equities began the New Year on a positive note with benchmark indices gaining more than 2.5 per cent, buoyed by lower inflation figures and expectations of further ...
2004 crash: Goldman Sachs gets clean chit
Mumbai, Jan. 1 Goldman Sachs has been given a clean chit by SEBI in the inquiry held to investigate its alleged role in the stock market crash on May ...
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The long wait: A scene at...
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TODAY'S PICK (Latest Audio: English/Tamil)
Bharat Electronics (Rs 774): Buy
We recommend a buy in Bharat Electronics stock from a short-term trading perspective. It is apparent from the charts of Bharat Electronics that after finding support at around Rs 550 in later November 2008, it significantly bounced up. Since ...
Day Trading Guide
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Exports continue declining trend
November registers 10% dip; imports rise 6.1%. New Delhi, Jan. 1 Continuing their consecutive decline, Indian exports registered a decrease of 10 per cent in dollar terms in November 2008 fetching $11.5 billion, against $12.8 billion in the ...
Fertiliser cos gain as feedstock prices fall
New Delhi, Jan. 1 Fertiliser companies are experiencing a substantial reduction in their production costs, courtesy falling ...
Nahata, Dhoot bury the hatchet over Datacom
HFCL’s Punjab operations may be merged with Datacom. New Delhi, Jan. 1 The feud between Mr Mahendra Nahata, Chairman of Himachal Futuristic Communications Ltd, and Videocon promoters Dhoot family over control of Datacom is finally close ...
Bajaj group dispute resolved amicably
Pune, Jan 1 The creation of two Bajaj industry groups, following a settlement in which no cash was exchanged, brings the curtain down on what is one of the longest running family feuds in the history of ...
Inflation rate drops as most items turn cheaper
Wholesale Price Index of all commodities at 230.2. New Delhi, Jan. 1 Inflation fell to a near 10-month low during the third week of December, helped by across-the-board dip in prices, prompting predictions of a further easing of the monetary ...
The challenge before RBI
For the first time in the history of the Reserve Bank of India, it has had to face overt pressure from the Government to ease monetary policy. One recognises the fact that the RBI has only limited autonomy on monetary policy. The dialogue ...
Small savings see more outgo than inflows
PPF, savings deposit and certificates saw net outgo. New Delhi, Jan. 1 Repayments by the Central Government of past small savings deposits have exceeded the inflows up to end-November this fiscal. This has led to a negative balance of Rs ...
Job opportunities galore in medical transcription
‘Big chunk of businesss waiting to be moved to India from US’. Hyderabad, Jan. 1 Job cuts, perks slash, cap on expansion are now common trends in the Indian IT/ITES sectors, reeling under the impact of the recession in ...
Bond volumes up 77% as banks churned portfolios
Volatility in yields keeps market buoyant; returns seen at 30%. Mumbai, Jan. 1 The government securities market ended calendar year 2008 with a huge surge in volumes as banks actively churned their trading portfolios to take advantage of the ...
Vehicle sales down in Dec
Third consecutive month Maruti showing a fall. Mumbai, Jan. 1 Hard times for the auto industry are far from over as the monthly sales figures of car manufacturers Maruti Suzuki, General Motors and two-wheeler makers Hero Honda and Bajaj showed ...
India, Iran have Asian Clearing Union option for transactions
Exporters can now legally skirt US embargo on dollar trade. Mumbai, Jan. 1 Indian exporters to Iran and Iranian exporters to India no longer need fret over the US embargo on all dollar transactions involving Iranian banks and Iranian companies. ...
Smooth sailing for shipping counters
Stocks of ship-building companies have been witnessing sharp rise in price with increased trading volumes. Ship-building companies such as ABG Shipyard, Bharati Shipyard, Hariyana Ship Breakers, Srinivasa Shipping & Property Development ...
Buyers lukewarm to New Year sales
Small appliances score over high-end goods; finance options limited. Chennai, Jan. 1 In what seems to be a clear indication of a slowdown, retail outlets that offer ‘New Year Sale’ across the South wore ‘just-another-day’ ...
Fog beginning to lift ahead of westerly system
Thiruvananthapuram, Jan. 1 Fog enveloped parts of Punjab, Haryana, Delhi, Uttar Pradesh and Bihar during the 24 hours ending Thursday morning, according to an India Meteorological Department (IMD) ...
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