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Home -> Finance -> News

NATIONAL
Stock market runs out of steam; down by 8 points
The stock market ran out of steam after initial price rally and the Sensex today (Oct 10, 2005) ended eight points down in low volume and volatile trade on late selling pressure by operators and day traders.

Skybus Metro to be constructed in Hyderabad by '08
A top Malaysian company is all geared up to begin negotiations with Indian authorities for the construction of world's first ever 'Skybus Metro' in Hyderabad, after a techno-feasibility study early next month.

Mining slows down industrial growth to 7.4 pc in Aug
A sharp slowdown in mining sector lowered industrial growth to 7.4 per cent during August 2005 as against 8.6 per cent in the same month last fiscal.

Aircraft engineering base at Thiruvananthapuram soon
Air India has decided to set up aircraft maintenance, repair and overhauling facility centre here, Air India CMD V Thulasidas said today (Oct 10, 2005).

Trans LoC trade yet to take off but goods moving
Even as India and Pakistan work out allowing trade through Srinagar-Muzaffarabad road, Kashmiris on either side of LoC have already began making quick bucks by importing and exporting before taxes are levied on the cross-border movement of goods.

BSE: Sensex 23 points up at 8500 in early trading
The Bombay Stock Exchange Benchmark 30-share Index (Sensex) today (oct 10, 2005) rallied smartly during morning trading even as investors adopted a cautious approach ahead of announcements of second quarter results by corporates.