1.GLOBAL MARKETS WEEKAHEAD - Tide may be turning for dollar
(Reuters) - LONDON (Reuters) - The tide may be turning at last for the U.S. dollar after seven years of decline as policymakers recognise the inflationary threat of an endlessly weakening greenback, whose losses have driven up oil and commodity prices.
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2.Airtel crosses 4 mn subscriber mark in Delhi
(Financial Express) - Country's leading mobile service provider Bharti Airtel on Thursday said it has become the first Indian telecom firm to cross the the four-million subscriber mark in Delhi. ...
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3.Rupee weakens past 42/dollar as data weighs
(Reuters) - MUMBAI (Reuters) - The rupee weakened past 42 per dollar for the first time in more than a year on Monday after data showing factory output grew at its slowest in six years raised concerns about a slowdown in the economy.
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4.Lifting the Lid: Bankruptcies now come pre-packaged
(Reuters) - NEW YORK (Reuters) - The days when troubled companies could spend years fixing their problems in bankruptcy court are fast evaporating.
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5.Rupee set for more pain; outflows, oil weigh
(Reuters) - MUMBAI (Reuters) - The rupee is set to fall further from 13-month lows plumbed this week as soaring costs of oil imports boost demand for dollars while capital outflows from the once red-hot stock market also weigh on the currency.
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6.Is gold a golden investment?
(Financial Express) - Recently, there has been considerable action in the non-financial fund category, namely, gold. There are two kinds of gold-related funds in India. One is the so-called gold ETFs, which act as proxies for holding gold in the physical form. Fund companies that run gold ETFs invest all of the investors money in gold. Thus, the money invested in such funds makes profits or losses exactly in line with the price of gold, after charging around 1% per annum as expenses. In the year or so since the first gold ETF was launched, these funds number has grown to five with ...
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7.Reliance mega-refinery to redraw fuel trade routes
(Reuters) - SINGAPORE (Reuters) - When Reliance Industries opens a second huge refinery in India this summer, world oil consumers may heave a sigh of relief at the injection of extra fuel into a market that has been short of capacity for years.
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8.Tech Mahindra gets $700 mln contract from BT - paper
(Reuters) - MUMBAI (Reuters) - Telecommunications firm Tech Mahindra Ltd has bagged a $700-million contract from BT Group to improve the latter's IT infrastructure, the Economic Times newspaper reported on Friday.
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9.Soaring rice prices a global danger, expert warns
(Reuters) - OTTAWA (Reuters) - The current spike in world rice prices could be devastating, even if it only lasts for a few months, and will leave African nations vulnerable to unrest, a top expert said on Tuesday.
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10.No proposal to roll back export duty on steel: FM
(Financial Express) - Amid indications of a roll back of export duty on steel, Finance Minister P Chidambaram on Thursday said his ministry has not received any proposal from the Steel Ministry on the issue. ...
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