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Banks step up retail loans
Festival season leads to more borrowing. Retail lending by the country's banks is back with a bang with nearly a 15-fold increase last year, if the RBI data are anything to ...

Oil India, IOC to give up oil blocks in Libya
Find them not commercially exploitable. Oil India Ltd (OIL) and its partner Indian Oil Corporation (IOC) have decided to relinquish their onshore oil blocks ...



Mr Pranab Mukherjee, Unio...
Ajanta Pharma: Buy
Chart Focus. Investors with medium-term perspective can consider buying the stock of Ajanta Pharma (Rs 216.4). It is a specialty pharmaceutical company. After taking support at its long-term base around Rs 50 in early 2009, the stock has ...

Day Trading Guide


Pranab raises tax collection targets
The Finance Minister, Mr Pranab Mukherjee, on Sunday raised the direct and indirect tax collections targets for current financial year, indicating that the Government was keen on consolidating ...

We never objected to an IPO by Essar, says Vodafone
Vodafone has said it will not block the Essar Group from conducting an initial public offering of the latter's shares in ...

Expected rate hike may help ‘consolidation mode'
Players confident India Inc can deliver. Dalal Street seems to feel that the near-term movements of the key indices are linked to what the RBI will announce on Tuesday. The central bank's actions on the interest rate and liquidity fronts will ...

Idea Cellular likely to move in a narrow range
I purchased Great Offshore January futures at Rs 383, which is down sharply to Rs 340. I am not in a position to book the loss, but if required I can add one more lot to average. Please suggest a way to reduce loss and come out with profit? - ...

Case for a national gold bank
India owns over 18,000 tonnes of above ground gold stocks worth around $800 billion, almost 11 per cent of the global stock, according to the World Gold Council ...

Gold may correct further before leaping up; silver vulnerable
Global commodity markets covering energy, metals and agriculture have been choppy in recent times, having been influenced by a slew of factors including evolving macroeconomic picture, diverse monetary policies, currency dynamics, ...

Gold may test resistance levels
Comex gold futures ended lower on Friday as a stronger appetite for riskier assets such as equities and an improving economic outlook diminished safe-haven buying, more than offsetting a ...

Govt in a fix over money in foreign banks
The thorny issue of unearthing unaccounted money stashed abroad by Indians of dubious disposition in Swiss banks and other tax havens is emerging as a big bone of contention between the Government and the Opposition parties led by the ...

Nasa terms ongoing Indian winter as ‘deadly'
The US National Aeronautical and Space Administration (Nasa) has termed as ‘deadly' the 2010-11 winter bearing down on ...


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Markets (Jan 21)
Nifty (at close)5,696.50(-15.10)
US Dollar(Buy/Sell)45.62/63
Brent crude (a bbl) Rs4,402
Gold (a gram) Rs1,879
Silver (a kg) Rs42,430


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