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  • SMS BOS < SPACE > MF, MUTUAL FUND QUERY AT 56388
  • COS GETTING FRESH FDI IN SECTORS WHERE FDI CAPS HAVE GONE UP: SOURCES
  • NEW NORMS TO CONSIDER TOTAL FOREIGN INVESTMENT NOT TOTAL INVESTMENT: SRCS
  • CCEA NOD NEEDED ONLY FOR INVESTMENTS OF RS.1200 CR AND ABOVE: SOURCES
  • GOVT TO EASE NORMS FOR FDI REQUIRING CABINET APPROVAL: SOURCES
  • NO PLANS TO OFFER HOME LOANS AT 8%: NW
  • OCTOBER UNEMPLOYMENT RATE RISES TO 10.2% VS 9.8% (MOM)
  • EMPLOYERS CUT PAYROLLS BY 190,000 IN OCTOBER VS ESTIMATE OF 175,000
  • FOREIGN FUNDS NET BUY RS.587.02 CR IN EQUITIES ON NOVEMBER 6 (PROVISIONAL)
  • DOMESTIC FUNDS NET BUY RS.236.62 CR IN EQUITIES ON NOVEMBER 6 (PROVISIONAL)
  • KINGFISHER RAISES FUEL SURCHARGE BY RS.200 ON SECTORS MORE THAN 1000 KM
  • KINGFISHER RAISES FUEL SURCHARGE BY RS.100 ON SECTORS UPTO 1000 KM
  • JET AIRWAYS RAISES FUEL SURCHARGE BY RS.100-150 ON SECTORS UPTO 1000 KM
  • NET PROFIT AT $455 MN VS LOSS OF $24.6 BN (YOY)
  • TOTAL REVENUES AT $26.05 BN VS $898 MN (YOY)
  • MUTUAL FUNDS NET BUY RS.34.3 CR IN EQUITIES ON NOVEMBER 5
  • FOREIGN FUNDS NET BUY RS.267.6 CR ($56.8 MN) IN EQUITIES ON NOVEMBER 5
  • OVER 7% GROWTH ACHIEVABLE IN FY'11
  • TO EXPLORE STIMULUS EXIT MODE NOW; WINDING DOWN STIMULUS TO CUT DEFICIT
  • SENSEX UP 1.65%, NIFTY UP 1.8% FOR THE WEEK
  • CNX MIDCAP INDEX UP 3.9%, BSE SMALLCAP INDEX UP 1.6%
  • BSE PSU INDEX UP 4.77%, REALTY UP 4.4%, METAL INDEX UP 4%
  • INDEX GAINERS: BHARTI UP 9.4%, JP ASSOCIATES UP 8.6%, IDFC UP 7%
  • GETS U.S. FDA NOD FOR GENERIC ACULAR
  • TO RAISE UPTO $300 MN VIA FCCBS
  • EXTENDING 8% HOME LOAN SCHEME TILL 31ST MARCH , 2010
  • INDIAN RAILWAYS SHOULD RATIONALISE PASSENGER FARES UPWARD
  • TO RAILWAYS: STOP CROSS SUBSIDISING FARES AND FREIGHTS
  • IMPOSES 20% SAFEGUARD DUTY ON IMPORT OF SODA ASH
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Updated: 04/07/2008 | 08:20 AM IST
US stocks mixed amid another record day for oil
Indo Asian News Service
Friday, July 04, 2008 (New York)
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US stock indices saw mixed results Thursday as oil prices continued climbing to record highs and the US economy shed more jobs.

The US Department of Labour said 62,000 jobs were lost in June, the sixth straight monthly decline, though the unemployment rate remained steady at 5.5 percent.

Crude oil contracts for delivery next month climbed above 145 dollars per barrel for the first time amid fears that new demands on oil from China could further strain supplies.

Technology stocks dropped after Nvidia Corp, the second-largest maker of computer graphics chips, cut its quarterly sales forecast.

The blue-chip Dow Jones Industrial Average rose 73.03 points, or 0.65 percent, to 11,288.54. The broader Standard & Poor's 500 Index was up 1.38 points, or 0.11 percent, to 1,262.90. The technology-heavy Nasdaq Composite Index fell 6.08 points, or 0.27 percent, to 2,245.38.

US financial markets are closed Friday for US Independence Day celebrations.

The US currency jumped against the euro to 63.71 euro cents from 62.95 euro cents Wednesday and surged against the Japanese currency to 106.71 yen from 105.83 yen.

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Ashuu Kakkarr
Ashuu Kakkarr
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