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4 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4438
keralanext.com RSS 2.0

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

NFF won't contest PC polls

04.07.2008 18:55    keralanext.com
JNP MP Nandana Gunathilleke told a news conference that the party decided not to contest as there was no sufficient time to finalize the nomination lists, before today's deadline. JNP Leader Wimal Weerawansa said there was a delay in the

Govt. getting ready to rig PC polls: UNP

04.07.2008 18:54    keralanext.com
UNP General Secretary Tissa Attanayake told journalists that 19 safe houses for armed groups had been set up at Egodapattuwa in Polonnaruwa bordering Batticaloa and this could be an attempt to intimidate opposition supporters like it did at the eastern

Hokkaido-Sakhalin fiber-optic line begins operations

04.07.2008 18:52    keralanext.com
The two companies jointly started to construct the fiber-optic submarine cable HSCS in 2007 and the work was completed in December 2007. HSCS measures 570 km in length and has a capacity of 640 Gbps. Its startup gives NTT Com

India will be the largest market for WiMAX by 2012: Report

04.07.2008 18:52    keralanext.com
The report by IT market research firm Springboard research titled "Laying the Foundation: WiMAX in Asia/Pacific 2008" is a research paper on WiMax (Worldwide Interoperability for Microwave Access) potentials in the Asia-Pacific region. The report further estimated that the number

Japan beefs up undersea quake monitoring system

04.07.2008 18:52    keralanext.com
The cable system will provide the agency with an additional five earthquake monitoring devices and three tsunami monitoring devices on the ocean floor. After the system is put in place, there will be nine ocean bottom earthquake monitoring devices in

Sharif snubs US official

04.07.2008 18:52    keralanext.com
What Pakistan has to do with its president is an internal affair. We do not need any external consultation in this," said Sharif. He was reacting to comments by visiting US Assistant Secretary of State Richard Boucher, who said that

Sanyo to build new factory to manufacture rechargeable lithium ion batteries in Minamiawaji

04.07.2008 18:52    keralanext.com
The factory will kick off production next spring, the sources said, adding it will hike the maker's overall monthly lithium ion production capacity by 20-30% from the current 70 million units. Lithium ion batteries are used in such goods as

Mitsui, Petrobras to manufacture bioethanol at Brazilian venture

04.07.2008 18:51    keralanext.com
The venture will put priority on exporting to Japan bioethanol as fuel for vehicles and for other purposes in view of the outlook that demand for the environmentally-friendly fuel will increase down the road, the Japanese trading house said.

GL sees undercover plot on garments

04.07.2008 18:51    keralanext.com
He said Sri Lanka was the only country out of 15 others currently receiving the GSP+ concession from the European Union that is being targeted in this manner. Prof. Peiris a media conference that according to these emails, the individuals

Pakistan, Lanka to ink deal for prisoners swap

04.07.2008 18:51    keralanext.com
Addressing news conference along with Lankan High Commissioner, Bogollagama told journalists that there were some Pakistanis in the Sri Lanka jails, some of them were involved in the drug related cases. "We are working on the issue," he said. About

Lead all-party team to Delhi: Ramadoss

04.07.2008 18:51    keralanext.com
In a statement here, Ramadoss said writing letters to the Centre whenever the fishermen got attacked in mid-sea had become a 'mere ritual' for the successive governments. The situation had not improved even after the CM had brought to the

Govt. denies allegations on GSP+ issue

04.07.2008 18:51    keralanext.com
He said the EU headquarters in Brussels has been receiving hundreds of e-mails on a weekly basis soliciting Sri Lanka's de-listing. This 'expensive' mail campaign is based on false allegations, he said. "Brussels is astonished by the ferocity of the

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