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4 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4954
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OCI unit seals $400mn RTA deal

04.07.2008 23:55    arabianbusiness.com
Besix awarded contract to design and build phase one of Al Safooh Transit System in Dubai, with Alstom.
OCI unit seals $400mn RTA deal


Difficult to replace Iran's oil, warns OPEC

04.07.2008 23:55    arabianbusiness.com
Price of crude certain to surge if oil producer Iran attacked, cartel's secretary general says.
Difficult to replace Iran's oil, warns OPEC

Record oil price driven by 'many factors'

04.07.2008 23:55    arabianbusiness.com
Saudi Oil Minister Ali Al-Naimi says soaring oil prices are not driven by shortage of crude.
Record oil price driven by 'many factors'

Qatar's newest bank opens up shop

04.07.2008 23:55    arabianbusiness.com
Al Khaliji opens first retail branch at Q-post Centre.
Qatar's newest bank opens up shop


UAE invests millions in bomb scanning devices

04.07.2008 23:55    arabianbusiness.com
Advanced scanners, capable of sniffing out radioactive material, will be installed at airports.
UAE invests millions in bomb scanning devices

Naimi rules out Saudi oil output hike

04.07.2008 23:55    arabianbusiness.com
Saudi Arabia's oil minister says that price of oil is being driven by speculators, not shortages.
Naimi rules out Saudi oil output hike

Kuwait orders new substation

04.07.2008 23:54    arabianbusiness.com
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CSE index falls 269.1 points

04.07.2008 19:46    keralanext.com
The CSE-40 index closed at 6054.91 points after opening at 6324.01 points. Blueprint Securities stayed at Rs 303.75. Shree Securities was at Rs 198.20. Oasis Cine Communications stayed flat at Rs 288.80. RGF Capital Markets also stayed unchanged at Rs

Central banks globally implicitly accept high inflation: RBI

04.07.2008 19:46    keralanext.com
The most urgent and short-term priority for central bankers at the current juncture seems to be to calm the nerves about inflation or to anchor inflation expectations, with an implicit recognition that a somewhat elevated inflation in the short-term may

FIIs offload equities worth Rs 733.35 cr this week

04.07.2008 19:46    keralanext.com
However, FIIs were net investors in shares worth Rs 372.35 crore, purchasing equities worth Rs 2,913.70 crore and shedding shares worth Rs 2,541.35 crore. According to information available on the Sebi and BSE website, FIIs were net investors in the

SBI raises floating home loan rate by 0.5 per cent

04.07.2008 19:46    keralanext.com
Home loan up to Rs 30 lakh for 20 and 25 year period, the interest rate has been increased by 0.5 per cent to 11 per cent against 10.5 per cent, SBI said in a release. Equated Monthly Instalment (EMI)

SpiceJet shares surge over 7 pc

04.07.2008 19:46    keralanext.com
The scrip touched an intra-day high of Rs 26.85, up over 15 per cent on the BSE, while over 21.63 lakh equity shares of the company changed hands at the bourse. SpiceJet shares finally settled at Rs 25, up 7.76

WDM trades worth Rs 2,565.00 cr at NSE

04.07.2008 19:46    keralanext.com
Top securities (NON-REPO) traded on WDM segment were, the 5.48 per cent government security maturing in 2009 traded for Rs 1025.00 crore at a weighted yield of 9.03 per cent, the 5.87 per cent government security maturing in 2010 traded

Forex reserves fall USD 691 million to USD 311.79 bn

04.07.2008 19:45    keralanext.com
Reserves had jumped by USD 1.794 billion to USD 312.481 billion in the previous week. Similarly, foreign currency assets (FCAs) posted a decline of USD 694 million during the week and stood at USD 302.05 billion as compared to USD

Call rates ends higher at 6.50 per cent

04.07.2008 19:44    keralanext.com
Select government bond prices declined shaprly due to fresh selling pressure from banks. The 8.24 per cent government security maturing in 2018 fell sharply to Rs 94.15 from Rs 96.26 previously while its yield shot up to 9.15 per cent

Futures prices down 4% on export ban news

04.07.2008 18:12    expressindia.com
All the four major contracts of Maize listed on the National Commodity & Derivative Exchange Ltd hit 4% lower circuit on Thursday on heavy selling pressure after the announcement of export ban in maize till October 15, 2008.

Australia boasts trade surplus on resource boom

04.07.2008 18:12    expressindia.com
Australia's trade deficit came in much as expected in May, but April's shortfall was revised to show the first surplus since 2002 thanks to huge price increases for the country's iron ore exports.

RComm, MTN may seal deal by Sunday

04.07.2008 18:12    expressindia.com
Even as the 45-day exclusive period of talks between Reliance Communications Ltd and South African telecom major MTN is heading for a close, various speculations are doing the rounds.

Waiting for Left to move first, UNPA seeks national debate on deal

04.07.2008 18:11    expressindia.com
Hopes of an early respite for the UPA with a public commitment from the Samajwadi Party in support of the nuclear deal and break it free from the shackles of the Left proved to be a dampener on Thursday.

Timber quality key to Stradivarius violins mystery

04.07.2008 18:09    expressindia.com
For centuries, experts have debated over the secret of the Stradivarius violin's heavenly sound. Now, a new study claims to have solved the mystery of why the 300-year-old instruments are the best in the world.

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