Financial Daily from THE HINDU group of publications
Wednesday, January 04, 2006
Commodities (Jan 03 - at close)
Gold (per gram) Rs713
Silver (per gram) Rs14.70
Brent crude (per bbl) Rs2621
Markets (January 3)
BSE Sensex9539.37(+149.23)
S&P CNX Nifty2883.35 (+47.40)
US Dollar (Buy/Sell)44.98/45.11



Group Sites


Make second green revolution a reality: PM
The Prime Minister, Dr Manmohan Singh, on Tuesday called for a second Green Revolution aimed at energising and transforming agriculture and rural markets with focus on non-food crops, horticulture and new plant varieties. Inaugurating the 93rd ... More

`IISc incident shows Indian science's success'
THE Prime Minister recalled the incident where Prof M.C. Puri was shot dead by a terrorist at the Indian Institute of Science, Bangalore, and described him "as a soldier of knowledge who lived a life of peace, dedicated to science and education." ... More

719 stocks hit upper circuit on BSE — Sensex closes above 9,500
TRADERS went berserk on Tuesday's trading with every fourth stock traded on the Bombay Stock Exchange (BSE) finding only buyers and no sellers. The intensity of buying was so strong that 719 stocks hit the upper circuit at the bourse, out of ... More

Govt may allow FDI in single brand retail
Since the proposed new retailers would deal with a single brand, they would not replace the existing retailers. More

ING Group scheme bets on fund managers
There is the possibility of money too moving with the fund manager when he moves out to other funds. More

CBEC to handle disputes over branded jewellery
THE Finance Ministry has decided to have its say in cases where a jeweller contests that the jewellery sold by him is not branded and therefore cannot be subjected to excise duty. To avoid harassment to the jewellery trade in such situations, ... More

CNR Rao — the evergreen researcher
MR CHINTAMANI Nagesa Ramachandra Rao is one of India's most distinguished scientists. He has been honoured with several national and international scientific award, except the Nobel prize. When the Prime Minister, Dr Manmohan Singh, presented ... More

Sugar, edible oil can help mop up additional revenue of Rs 1,000 cr
IT is that time of the year when the Budget exercise gathers pace in New Delhi. It is no secret that the Centre's finances are rather stretched. The Union Finance Minister, Mr P. Chidambaram, would obviously be looking for measures to augment ... More

IT, business services spend — UK's Tesco saves 30% by outsourcing to Indian arm
TESCO, the 37-billion UK-based retail company, gets 30-40 per cent cost reduction in technology and business services by outsourcing from its Indian global services arm, Tesco Hindustan Service Centre (Tesco HSC), according to Ms Meena Ganesh, ... More

DoT admits to lapses in spectrum allocation — Working on new policy to plug loopholes
The government is also looking at creating a Defence Band for specific use by the armed forces. More

Now, chefs on AI flights
PASSENGERS travelling by Air India will soon be able to enjoy the services of a chef on board their flights. The `gourmet service' will be available to passengers, without any additional cost, in all categories. The national carrier in ... More

Cold wave likely in north, northwest
In the south, isolated to scattered rainfall are likely over Andaman and Nicobar, south Tamil Nadu, Kerala and Lakshadweep during the next 24 hours and again by the weekend. More

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