Business Daily from THE HINDU group of publications
Tuesday, October 02, 2007
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Commodities (Oct 01)
Gold (per gram) Rs887
Silver (per gram) Rs19.80
Brent crude (per bbl) Rs3,150
Markets (Oct. 1)
BSE Sensex17328.62 (+37.52)
S&P CNX Nifty5068.95 (+47.60)
US Dollar39.87 (+0.04)

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Exports grow 19% in August despite appreciating rupee
Import-intensive export production has done well More

8 million will lose jobs, says FIEO chief
‘Traditional exports hit; nearly 4 million people out of work’ More

Steel prices rise by Rs 400-800/tonne
New Delhi, Oct. 1 Rising international and input costs has seen domestic steel prices increase between Rs 400 and Rs 800 per tonne across various products with effect from Monday.The largest domestic steel manufacturer, Steel Authority ... More

Air travel to cost more
Low cost air travel is seeing some creeping increase in fares. In the coming days, such travel will become costlier with most airlines planning to increase the fuel surcharge by Rs 100 to offset their rising fuel bill. This follows an ... More

Bharti Airtel hits 50-m customer mark
Among top ten mobile operators globally in terms of subscriber base More

‘MNCs invest abroad more for securing inputs for their final output’
A China may have attracted hundreds of billions of dollars in foreign direct investment on the promise of cheap labour costs. But if two Western academicians are to be believed, bulk of the FDI happens not for exploiting factor cost ... More

Innovation, acquisitions put Coke on high growth path
COO upbeat on emerging markets, Western Europe More

Importers betting on rupee gaining more
Exposures left unhedged as forward premia continue to fall More

Indians spend faster than they save
Mumbai, Oct. 1 Although Indian households are saving more, their spending has increased at a faster pace. According to the Handbook of Statistics on Indian Economy 2006-07, released by the Reserve Bank of India, household savings increased by ... More

US economy: Is the party over?
More

Centre plans Rs 40 a quintal bonus on paddy
‘Move aimed at restoring price parity with wheat’ More

Over 200 seek telecom licence as deadline ends
DoT forms panel to screen the applications More

Maruti leads as auto sales, exports look up in Sept
In 2-wheeler segment, Hero Honda bounces back; Bajaj, TVS lag behind More

BILT case: 2 brokers restrained from market
Emkay Shares’ 34 clients told to deposit Rs 66 lakh More

Index funds outperform diversified equity funds
Index schemes give 17.77% for three-month period More

Sintex jumps as stake sale is over
The stock of Sintex Industries jumped 6.34 per cent on the BSE on Monday to Rs 367.90 against Friday’s close of Rs 345.95. According to brokers, the stock has moved up following the completion of the selling of the stake by Warbug Pincus ... More

Chennai takes a day off
IT majors remain closed; may have a compensatory working day later this week More


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