Business Daily from THE HINDU group of publications
Thursday, March 20, 2008
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Commodities (March 24)
Gold (per gram) Rs1,106
Silver (per gram) Rs24.50
Brent crude (per bbl) Rs4,084
Markets (March 24)
BSE Sensex15289.40 (+294.57)
S&P CNX Nifty4609.85 (+35.90)
US Dollar40.34 (-0.15)


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Institutional investors must pay margins: SEBI
Short selling and securities lending and borrowing from April 21 More

Robust advance tax payments may allay slowdown fears
New Delhi, March 19 Robust advance tax payments of large industrial and banking companies in the March 15 instalment may allay economic slowdown worries. The advance tax payments by many large corporate houses have increased by over 40 per ... More

Sensex loses steam after a bullish start
Mumbai, March 19 The 75-basis point rate cut by the US Federal Reserve boosted sentiments across Asian markets on Wednesday, but the Indian bourses could not sustain gains. Lower opening of the European markets and more bad news such as poor ... More

Patent case: HC declines to restrain Cipla
Making, selling generic version of Roche’s Tarceva More

3G auction will be open to both existing and new operators
New Delhi, March 19 In a bid to level the playing field between old and new telecom operators, the Department of Telecom has decided that all entities with a unified access licence will be eligible to bid for third generation (3G) mobile ... More

New Hyderabad international airport: The inaugural & after
New Delhi, March 19 Suspense continues behind the sudden decision of the Government not to operationalise the new Hyderabad airport despite its inauguration by the UPA Chairperson, Ms Sonia Gandhi, on March 14. While there is no ... More

Cement consumption bounces back in February
March is expected to be bullish & prices buoyant, say manufacturers More

Infrastructure industries’ growth slumps to 4.2% in Jan
April-January growth dips to 5.5% More

Software exports seen at $45 b this fiscal
ESC opens incubation centre in US for SMEs More

Lower Fed rates may help cos with dollar liabilities
Debt servicing costs to fall as LIBOR rates drop More

Fed must pray for house price recovery
Imagine a bank’s balance sheet with utterly illiquid assets, which can neither be sold nor used as collateral for borrowing. Now, imagine an entire banking system saddled entirely with unmarketable and unliquifiable assets. Such ... More

Indian pepper turns out to be most competitive
Supply squeeze in Vietnam, limited availability in Brazil, Indonesia More

MMTC to market Chinese truck-bus tyres in India
Cross-ply and radial tyre imports to begin in April More

Marketmen discount Fed rate cut
Financial crisis in US continues to haunt More

Poor response to Mumbai auction weakens realty further
Mumbai, March 19 The signals were already there, but the thin participation at Tuesday’s auction of office plots in Mumbai quite reinforced the downtrend in the realty sector. The auction bids were much lower than the ones that ... More


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