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  • Idea, BSNL agree to interconnect RCom's GSM service
  • Flight cancelled due to workers strike
  • Cancel 11 flights to & from Kolkata on 20 Aug
  • To launch Mumbai services on Wednesday
  • Deccan Aviation gets permission to fly to UK
  • RBI relief bonds can be used as collateral for bk loan
  • July Producer Price Index at 27-year high; up 1.2%
  • U.S. Housing Starts down 11% in July, lowest in 17 years
  • Board okays buy back at price not exceeding Rs.350/share
  • Cannot say if interest rates have peaked: NW
  • RBI steps, inflation to determine interest rates : NW
  • BSE Power up 0.26% , Bankex up 0.10%
  • BSE Teck down 1.38% , Consumer Durables down 1.17%
  • CNX MidCap down 0.29% , BSE Small Cap down 0.34%
  • Sensex down 0.70% at 14,543.73
  • Nifty down 0.56% at 4,368.25
  • Expectations of U.K having 2 qtrs of -ve GDP growth
  • See further concerns emerging in U.S economy
  • Govt could be lender of last resort to Fannie and Freddie
  • EMs have seen $20bn fund outflows in last 10 weeks
  • Deccan Aviation granted traffic rights on India-UK sector
  • Revenues seen flowing in from Q4'09: Sources
  • Initial order size at $20-$25mn: Sources
  • Contracts to be signed within 3 months: Sources
  • Astrazeneca, Merck visited Dishman's facilities: Sources
  • Dishman to get orders from Merck & Astrazeneca: Srcs
  • India may import 3-3.5 MT of diesel this year : Oil Secy
  • To raise tractor prices this month : Escorts
  • Aluminium, Copper prices to remain weak in H2 FY'09
  • Drop in demand from China post Olympics a concern
Aug 18-Aug 24
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Special
Wholesale prices in the US rising at fastest pace since 1981
The US Labor Department said its Producer Price Index rose by 1.2 per cent in July, pushed higher by rising costs for energy and motor vehicles. Food prices rose by 0.3 per cent.

 
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Ashu Kakkar
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