Business Daily from THE HINDU group of publications
Saturday, April 05, 2008
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Commodities (April 4)
Gold (per gram) Rs1,088
Silver (per gram) Rs24.70
Brent crude (per bbl) Rs4,114
Markets (April 04)
BSE Sensex15343.12 (-489.43)
S&P CNX Nifty4647 (-124.60)
US Dollar39.98 (-0.04)


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Inflation climbs to 7%; Govt continues fire-fighting
Iron and steel, edible oils are the main pressure points More

Markets in bear grip again
Sensex down 3% on inflation fears More

Rising inflation: India may be neighbours’ envy
Commodities behind the trend More

`SARAL' format for small cos soon
Small-and medium-sized companies (SMCs) may soon have a `SARAL' format for disclosing their financial statements. For ensuring better compliance by all categories of companies with disclosure norms prescribed under the company law, the Ministry ... More

Exports overtake domestic sales for auto majors
Mumbai, April 4 The decision of carmakers Maruti Suzuki and Hyundai to make India their export hub has been vindicated by the fact that the rate of export growth outpaced that of domestic sales. For the home-grown auto major Tata ... More

Balance growth and inflation, says Kamath
Mumbai, April 4 The Indian industry needs to grow, but inflation is a challenge and there is a need to maintain a balance between the two, said Mr K.V. Kamath, Managing Director and Chief Executive Officer, ICICI Bank. The high commodity ... More

Hind Unilever will source agri-products from farmers
Mumbai, April 4 Hindustan Unilever Ltd will be sourcing farm products for its leading foods brand Kissan from farmers across rural India, as part of its social initiatives to mark the completion of 75 years of its corporate existence in ... More

Bankers readying for wider repo rates band
Large inflows due to low credit offtake, advance tax collections More

Auto cos meet alloy steel producers on price issue
New Delhi, April 4 Faced with the imminent possibility of another round of price hike in the automobile sector, an outcome of runaway steel prices, India’s top automobile manufacturers today met the alloy steel producers to hammer out a ... More

A primer on corporate hedging
More

Amendments that don’t measure up
The Securities Transaction Tax (STT) was introduced into the income-tax code by the Finance (No. 2) Act, 2004, taking effect from April 1, 2005. It was expected to give a major boost to both the income-tax department in terms of revenue and the ... More

Capital goods, bank stocks dip on high inflation
Rising cost of production could check earnings More

SEBI set to issue norms for real estate schemes ‘very soon’
Net asset value would not be declared on quarterly basis More


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