Thursday, September 10, 2009

NEWS @ 10-09-2009

Warren Buffett, the billionaire investor, and Alan Greenspan, the former Federal Reserve chairman, have both issued cautions to those who say the US economy is in the final stages of recession ...

Fears that China will ditch the dollar are greatly exaggerated: the U.S. currency will remain the world's dominant financial instrument for the foreseeable future ...

Fresh 2009 Highs for India NIFTY into Resistance
If bulls can clear 4,800 and then 5,000, it would be a major victory against the backdrop of a Fibonacci resistance level, bearish rising wedge, and triple-swing negative momentum divergence pattern all as ...

The Reserve Bank of India (RBI) has made it easier for banks to lend to special economic zones (SEZ). Several types of advances to projects in special economic zones have now been excluded from the definition of ...

India's Reliance Industries sold up to 210,000 tonnes of gasoline for October 2009-March 2010 lifting to Western trader Trafigura at a premium of 80 cents to Singapore's spot quotes on a free-on-board (FOB) ...

State-run NTPC Ltd is likely to sign by month-end an agreement to buy natural gas allocated by the Centre from Mukesh Ambani-run Reliance Industries Ltd at government-approved rate of $4.20 per mmBtu ...

RNRL on Wednesday asked the Supreme Court to dismiss the petition filed by RIL and argued that the government had no role in determining either the price or the allocation of gas at the time when a gas ...

Adlabs Films, recently renamed Reliance MediaWorks, which operates Big Cinemas, said on Thursday it has reorganised the operations of the cinema chain into two strategic business units based on geographical ...

United Spirits Ltd, the world's third-largest spirits maker by volume, plans to complete deleveraging of its balance sheet to reduce debt by the end of October, its chairman said on Thursday ...

GMR Infrastructure is eyeing financial closure of power projects costing about 100 billion rupees in the next four months, and its unit GMR Energy may not go for an initial public offer before March 2010, its senior ...

South Africa's gold output fell 9.3% year-on-year in the second quarter of 2009, despite being measured against lower gold production in the same period last year when output fell due to a power shortage ...

Typically, investors buy gold when they are nervous about the state of the economy. But the latest price run started in earnest in April, just as the fears of the financial crisis were easing ...

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