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Popular Articles

Industry favours GST, but opposes dual mode
Indian industry is of the view that the proposed Goods and Services Tax (GST) will be beneficial for the economy, but the deadline of April 1, 2010, is not realistic, a leading consulting firm said in its survey.

Floods: Army, Navy intensify rescue efforts
Armed forces today intensified search and rescue operations using 13 helicopters and over 100 boats in flood-hit states of Karnataka and Andhra Pradesh, reeling under one of the heaviest floods in the last century.

News of the day

ONGC to raise Rs 27,000 cr for funding projects
State-run ONGC today said it will borrow about Rs 27,000 crore over next three to four years to fund its projects, its chairman R S Sharma said.
International Business

Tech view: Nifty support at 4,825

The markets yesterday witnessed typical derivatives expiry session, as stocks and indices swung between zones ahead of settlement. After rallying to a high of 16,525 in morning trades, concerns on higher food inflation and expiry pressure saw the Sensex tumble into red to a low of 16,182. The Sensex finally ended with a marginal (17 points) gain at 16,307. In the process, the index not only broke its six-day losing streak, but has also taken support at the weekly S3 level, which is placed at 16,175. One can expect the index to find support around these levels today as well, unless there is any major negative news flow from the RBI front.


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