Business Daily from THE HINDU group of publications
Saturday, January 05, 2008
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Commodities (Jan 03)
Gold (per gram) Rs1008
Silver (per gram) Rs21.45
Brent crude (per bbl) Rs3,860
Markets (Jan. 4)
BSE Sensex20686.89 (+341.69)
S&P CNX Nifty6274.30 (+95.75)
US Dollar39.36 (-0.07)


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Stock-specific rally takes Sensex to all-time high
Domestic institutions way ahead of FIIs in purchases More

Chidambaram for lower rate regime
Public sector banks asked to encourage investment as well as consumption More

Reliance Power set to raise over Rs 10,000 cr via IPO
Mumbai, Jan. 4 Reliance Power Ltd, whose initial public offering this month would be the largest by any Indian company, is likely to be listed on the stock exchanges in the first week of February, its Chairman, Mr Anil Ambani, said at a news ... More

B-school students opting for novel courses
HARDCORE IS IN More

As crude rises, airlines unlikely to cut fuel surcharge
New Delhi, Jan. 4 The upward movement in global prices of oil could see the domestic airline industry do a rethink on the earlier proposal to lower the fuel surcharge following a reduction in aviation turbine fuel prices. Earlier this month, ... More

IOC raises prices of branded fuel
XtraPremium petrol and XtraMile diesel to cost more More

Govt fixes performance standards for ports
Responsibilities, penalties for both authorities and developers More

Inflation rate up on costlier manufactured items
Wholesale Price Index of all commodities at 215.9 points More

Wheat acreage deficit narrows down
Coverage of oilseeds down 7 lakh ha; area under pulses drops More

AMD opens new R&D centre in Hyderabad
To focus on IP creation in nextgen consumer electronics More

GIC to open branch in London
Bets on foreign portfolio for growth More

Rs 30,000-cr hole in currency valuation account
Chennai, Jan 4 An RBI press release on December 31, without deviating a single inch from the truth, managed to leave many people with the impression that the days of huge valuation losses on forex are now behind us. “Reflecting ... More

‘Education, services, banking lead print ad surge’
Chennai, Jan. 4 Print advertising grew by 21 per cent during January-September 2007 compared to the corresponding period in 2005.According to a TAM AdEx analysis, non-metro publications led with 53 per cent share of the overall ad pie ... More

IT stocks witness profit booking
US job data, strong rupee send negative signals More

Zooming in on Tata’s ‘revolutionary new small car’
Chennai, Jan. 4 With only days to go for the unveiling of Tata’s small car, expectations are understandably high on the likely impact. “The ‘one lakh car’ could do for rural Indians what Henry Ford’s Model ... More

Delhi Metro: First rail project on UN green list
Feat would help financially by earning carbon credits More

Inbound westerly system hits central Asia
Eastern Europe and Central Asia are reeling under the ‘whitening’ effect from a massive rain-and-snow spouting weather system whose next ports of call to the east include Iran, Afghanistan, Pakistan and India, in that order. ... More


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