6K story: Equity funds manage to add value
THE Sensex has finally climbed back to the 6,000-mark - a whole nine months after it last touched this magic number on February 16. So, would you have made money if you had bet your shirt on stocks on February 16? If you had chosen the ...
Tech funds fine, but trail BSETECk
THOUGH technology sector funds are showing resurgence in terms of investor interest and returns posted, they are still under performing the BSETECk index. On an average, technology sector funds have posted returns of 32.56 per cent for the last ...
Apparel exports to quota-restricted countries up 19 pc in April-October
REVERSING last year's insipid performance, the country's apparel industry exports to quota-restricted countries appears to be doing well by registering a double-digit growth, as the readymade garment exports during the first seven months of the ...
Forex reserves up by $1.3 billion
FOR the second consecutive week, the country's forex reserves swelled by over $1 billion.Reserves grew by $1.314 billion for the week ended November 12, to touch $123.538 billion, according to the data released by RBI. In the previous week, total ...
HDFC hikes lending rates
HDFC Ltd has hiked the floating rates on its home loans by 50 basis points, with a corresponding change in the retail prime lending rate (RPLR) effective Monday. The revised rates for floating rate loans will be 7.5 per cent per annum onwards. ...
Meet to discuss making anti-AIDS drugs affordable
THE high price of anti-AIDS or anti-retroviral (ARV) drugs for the Indian market is a cause for concern, especially with India having 5.1 million HIV/AIDS positive people. Taking a cue from the Clinton Foundation, non-governmental ...
Smart fabrics to make wearable computers a reality
Engineers at the Massachusetts Institute of Technology have developed computerised fabric patches which when put together in different ways can create a range of information-providing or environment-sensing objects such as a smart handbag or a belt.
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