Thursday, October 27, 2011

Futures tense on Muhurat day

Futures tense on Muhurat day


Futures tense on Muhurat day

Posted: 27 Oct 2011 01:21 PM PDT

Prayers, frustration, hope, disappointment, controversy, glamour, and expectations—the most important factor that drives stock markets around the globe—everything was in play at BSE's convention centre during Wednesday's Muhurat trading session that ushered in Samvat year 2068.


‘Nokia betting big on India with Asha’

Posted: 27 Oct 2011 01:13 PM PDT

"Optimistic but cautious." This is how smartphone market analysts reacted after Nokia announced its first devices powered by Microsoft's Windows Phone platform.


Govt eyes cut in allocations

Posted: 27 Oct 2011 12:49 PM PDT

Facing a tight financial situation, the government is thinking of trimming the payout to its mega flagship schemes such as Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) and the Sarva Shiksha Abhiyan (SSA).


EU leaders strike deal on 2nd Greek package

Posted: 27 Oct 2011 05:15 AM PDT

Euro zone leaders struck a deal with private banks and insurers on Thursday for them to accept a 50 percent loss on their Greek government bonds under a plan to lower Greece's debt burden and try to contain the two-year-old euro zone crisis.


Food inflation rises further, at 11.43%

Posted: 27 Oct 2011 03:14 AM PDT

The rise was due to a jump in prices of pulses, milk and vegetables. Food inflation had crossed double digits in the previous week at 10.6 percent.


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