Business Daily from THE HINDU group of publications
Tuesday, January 08, 2008
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Commodities (Jan 8)
Gold (per gram) Rs1,011
Silver (per gram) Rs21.50
Brent crude (per bbl) Rs3,708
Markets (Jan. 8)
BSE Sensex20873.33 (+60.68)
S&P CNX Nifty6287.85 (+8.75)
US Dollar39.31 (-0.01)


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NTC push to revive 12 more mills
Joint venture route for modernisation proving successful More

India developing Myanmar port
Chennai, Jan. 7 The Union Government has decided to develop the Sittwe port for Myanmar. In return for its $120 million (Rs 480 crore) expenditure on the project — which will be a gift to Myanmar — India would get rights to use the ... More

Real estate sector seeks special residential zones
New Delhi, Jan. 7 The real estate industry on Monday sought introduction of special residential zones (on the lines of Special Economic Zones), to ensure affordable housing in the country.“We need SRZs across India with these ... More

Gold ETFs outperform physical gold
Trading volumes remain thin despite gold hitting peak More

Govt seeks higher pay-out from PSU insurers
‘Demand could weaken general reserves, compliance potential of cos’ More

PM concerned over rising crude prices
Govt looking at all possible options More

GAIL move to market PMT gas impacting prices in Gujarat
GSPC, Gujarat Gas hit by reduced supplies More

Export order hopes force sugar to hit upper circuit
Mumbai, Jan. 7 It was a volatile day for futures trading in agriculture commodities on NCDEX and MCX. Sugar for January delivery hit the upper circuit of 5.69 per cent at Rs 1,467 per quintal, while the February contract was up 4.63 per cent ... More

North-East, emerging new recruitment stop
English skills, loyalty of people drive IT, BPO cos to the region: Jairam Ramesh More

3-6-3 to NINJA banking
So much has already been said about the sub-prime crisis. But what caused it is still a matter of conjecture and suspicion… just like Benazir Bhutto’s death.Was it the low interest regime and then subsequent tightening? Was ... More

Today's Pick: Goodyear India (Rs 186.55)
We recommend a buy in Goodyear India. From the weekly chart of Goodyear India, we note that after making an all-time high of Rs 215 (in June 2007), the stock had been on a downtrend to a low of Rs 151. The stock found support at Rs 151(which is ... More

FMCG stocks shine
Mumbai, Jan. 7 There seems to be a reversal of fortune happening in the fast moving consumer goods sector with the BSE-FMCG index hitting its 52-week high on Monday.While the benchmark index went up by 0.61 per cent on Monday, BSE-FMCG ... More

Day Trading Guide
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Cigarette stocks up on FDI buzz
Cigarette stocks were up Monday on market expectations that the Government may soon review policy on FDI in cigarettes.The Sensex component ITC, which even after diversification continues to be predominantly a tobacco play, moved up 5.5 ... More

Improving clout with advertisers
Sun TV ad rate hike More

Pfizer deal lends revenue visibility to Hikal
Contribution expected from Q3 More

Westerly trough triggers rains in N-W
The western Himalayan region has been experiencing fairly widespread precipitation over the past three days as the first of a series of weather-creating seasonal western disturbances crossed into the region. The proceedings will get a ... More


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