Sunday May 11, 2008

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Sensex ends below 17000  

Mumbai, May 10:
The markets witnessed a downtrend for the fifth straight session on Friday with the benchmark Sensex dropping over 340 points to close below 17000 level as a further rise in inflation dampened the trading sentiment.
 
Gold gains for sixth straight day on firm global trend 

New Delhi, May 10:
Gold gained for the sixth straight session on Saturday, up by Rs 40 to Rs 12,100 per 10 gram, on the bullion market here on sustained buying by stockists amid strong global conditions and high crude oil prices.
 
Indicom customers can now ‘Walk the Talk’ 

Bhopal, May 10:
Redefining the style in Home Phone category, Tata Indicom, the fastest growing telecom service provider launches ‘Walky Talky” an all new combination of stylish Walky instrument with affordable pricing.
 
Indian wines to challenge supremacy of top global producers  

London, May 10:
In next 50 years, India's growing wine industry is likely to challenge the supremacy of traditional wine-making countries, a report has said.
 
India, US agrees to resolve their divisive issues  

New York, May 10:
India and the United States have agreed to resolve the divisive issues for an early conclusion of the Doha round of trade negotiations.
 
Hard decisions needed on price front, says Oil Secretary  

Mumbai, May 10:
Petroleum Secretary M S Srinivasan today said it was time for the government to take "hard decisions" to rein in inflation, since it was running out of soft options in the face of rising global crude oil prices.
 
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