Saturday, July 30, 2011

US Gulf oil patch restores operations after Don

US Gulf oil patch restores operations after Don


US Gulf oil patch restores operations after Don

Posted: 30 Jul 2011 05:51 PM PDT

Offshore oil and natural gas producers re-staffed their production platforms in the Gulf of Mexico on Saturday, the day after Tropical Storm Don made landfall on the south Texas coast.


Sebi allows FIIs to bid for government debt bonds

Posted: 30 Jul 2011 09:52 AM PDT

Foreign Institutional Investors will be able to bid for long-term government debt bonds on August 5 in which the minimum amount is Rs 100 crore, market regulator Sebi said.


Gold regains record level of Rs 23,620

Posted: 30 Jul 2011 05:21 AM PDT

Gold prices surged by Rs 150 to regain its record level of Rs 23,620 per 10 grams in the national capital today on brisk buying by stockists and investors, driven by a firming global trend.


IDBI Bank net jumps 34 pc to Rs 335-cr on higher NIM, NII

Posted: 30 Jul 2011 04:25 AM PDT

The youngest public sector lender IDBI Bank on Saturday reported a 34 per cent rise in net income to Rs 335 crore for the quarter to June period.


US almost out of time for debt deal: Obama

Posted: 30 Jul 2011 02:39 AM PDT

Spurred on by US President Barack Obama, US lawmakers on Saturday dove into a frantic beat-the-clock weekend effort to avert a debt default that could plunge the world economy into recession.


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