The Hindu Business Line : Thursday, October 22, 2009

Food inflation is the key policy worry, says PM’s advisory panel
Fears WPI rising to 6% by March, but raises GDP growth rate to 6.5% for fiscal. The Prime Minister’s Economic Advisory Council has termed food price inflation the key policy concern for the ...

No shift in India’s stand on climate change: Pranab
India, China sign agreement to work out deal for tougher global regime. New Delhi, Oct. 21 The Finance Minister, Mr Pranab Mukherjee, reiterated the country’s commitment to multilateral negotiations under the United Nations Framework ...

Dr C. Rangarajan, Chairma... TODAY'S PICK (Latest Audio: English/Tamil)
Indian Overseas Bank (Rs 133): Sell
We recommend a sell in the stock of Indian Overseas Bank from a short-term perspective. It is evident from the charts the stock has been on an intermediate-term uptrend from its March low of Rs 37. After taking support at Rs 80 in August, ...

Day Trading Guide

Hero Honda zips to record net profits
New Delhi, Oct. 21 On the back of rising demand and strong market position across regions, Hero Honda Motors Ltd on Wednesday announced a 95 per cent increase in net profit for the quarter ended September ...

Apex Court asks RIL about profit margins
New Delhi, Oct. 21 The Supreme Court, hearing the Ambani brothers’ dispute on the KG basin gas supply, sought to know from Mukesh Ambani-led Reliance Industries Ltd (RIL) whether it would gain “huge profits” as it gets to ...

Global outsourcing market up 40% in Q3 on network operation deals
Total contract value at $24.7 billion, highest since Q4 2008. New Delhi, Oct. 21 The global outsourcing market reported a strong third quarter with total contract value (TCV) of $24.7 billion, but only on the strength of select network ...

Proportion of sub-PLR loans comes down in 2008-09
Fallout of cautious stance adopted by banks, tightening liquidity. BL Research Bureau Commercial banks in India have a benchmark prime lending rate (BPLR) meant to reflect lending rates for top-notch borrowers. But the RBI’s recently ...

ULIPs post average returns of 56%
50% of schemes under-perform benchmark indices. Chennai, Oct. 21 If equity mutual funds have gotten their act together in the recent market rally, unit-linked insurance plans (ULIPs) have not been too far ...

Is Renault looking for a strategy shift in India?
Carlos Ghosn’s remarks at Tokyo Motor Show lead to doubts. Mumbai, Oct. 21 Renault’s multi-partner strategy in India came under the scanner on Wednesday following a statement made by its President and CEO, Mr Carlos Ghosn, at the ...

Toyota to launch Prius next year in India, small car by early 2011
Success could make India small car hub. Tokyo, Oct. 21 After what seemed to be a lull in its new vehicle plans for India, Toyota Kirloskar Motor (TKM) will launch a slew of new cars during the next 14 ...

Court stops cane diversion from sugar firm’s reserved area
Jaggery manufacturing units’ operations restrained. New Delhi, Oct. 21 In what may set a precedent ahead of the new crushing season, a sugar mill in Uttar Pradesh (UP) has managed to secure a Court order restraining the operation of kolhus ...

North-East monsoon not before Oct 27
More international model projections available on Wednesday favoured the possibility of onset of the north-east monsoon not earlier than October 27 over ...