Tuesday, September 8, 2009

NEWS @ 08-09-2009

"It is also not impossible that the US will experience the kind of economic collapse from first to third world status experienced by Argentina under the national-socialist governance of Juan Peron," Rowley was ...

China Alarmed by US Money Printing
Nothing surprising as we have seen China up their stake in gold, sign bilateral currency agreements with other countries to avoid the dollar, purchasing hard assets to redeploy out of dollars, move their bond purchases ...

There seems to be little doubt that China continues to buy gold for its reserves, but surreptitiously, as it has no desire to move the markets unduly, and it knows full well that any announcement of a big gold purchase will ...

Return on Equity ratio is one of the most important ratios that every investor must understand. This is because it is used to measure the efficiency with which a company utilises the equity capital ...

Inflation in India is becoming a concern sooner than anticipated and the current monetary stance must be unwound, although the Reserve Bank of India must consider the impact on growth, its governor said on ...

Infosys Technologies has seen some improvement in client spends. Yet, the country's second-largest IT services firm chooses to be cautious. This, despite the fact that the company was a beneficiary of BP's ...

Lending and borrowing interest rates in India have bottomed out and rates will harden from here, managing director of ICICI Bank, India’s No. 2 lender, said on Tuesday ...

The high-voltage battle between the Ambani siblings -- Mukesh and Anil -- has put under stress the legacy of their father Dhirubhai Ambani [ Images ], Corporate Affairs Minister Salman Khurshid said on Tuesday ...

Reliance Industries has told Gujarat that power consumers in the state may be laden with hefty bills due to power PSU NTPC's reluctance to buy relatively cheaper gas from it - a matter it had raised with the power ...

With a focus on the larger fuel markets abroad, Reliance Industries (RIL) is strengthening its existing international trading desks through hiring and by incorporating more desks in the US and Europe. Further ...

Brij J Tanti, a promoter of the company, has revoked 40 lakh shares representing 0.26 per cent stake, on August 21, Suzlon Energy said in a disclosure to the National Stock Exchange (NSE) on Tuesday ...

The Rs 21,000 crore (Rs 210 billion) media industry, which experienced a negative growth in the first half of 2009, is expected to grow by 65 per cent in the July-December period, a review on the industry said ...

Reliance Capital, which is seeking a government waiver to allow its life insurance venture's IPO, expects a decision later this month, its chief executive said on Tuesday ...

India, whose auto market is 19% of China’s, has the edge in exports. Suzuki Motor Corp, Hyundai Motor Co, and Nissan Motor Co are making India a hub for overseas sales of minicars as incentives lift demand for ...

A global tea shortage may increase by 10 percent next year as droughts in Kenya, Sri Lanka and India, the top exporters, damage crops and propel prices to a record, the world’s biggest tea plantation company said ...

India’s biggest power equipment maker, expects to get orders worth at least 109 billion rupees ($2.2 billion) from state- owned NTPC Ltd. as the utility plans to add generators ...

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