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Home -> Finance -> News

NATIONAL
Market jubilant over Infosys, zooms by 302 points
The stock market benchmark Sensex today (Apr 17, 2006) snapped a two-day losing streak and added 302 points, thanks to excellent Q4 earnings and a liberal bonus from Infosys, even as investors bet heavily on key scrips.

Cancer drug expected to hit market by year-end'
Biotech major Biocon today (Apr 17, 2006) said it expected its drug for treating head and neck cancer to hit the market by the end of the current financial year.

'Plan to unveil for farmer-suicide-hit districts'
The Union Agriculture Ministry is soon expected to unveil a plan for farmers in 30 districts across the country, which have witnessed a large number of suicides by ryots, Finance Minister P Chidambaram said today (Apr 17, 2006).

Rupee rallies against dollars in morning trade
The Rupee rallied smartly from the weakened 3-months' low, backed by bunched up dollar supplies from the long holiday weekend and a retreating dollar overseas.

Rally in IT sector lifts Sensex by 178 pts in trade
Led by a sharp rally in IT sector, the Bombay Stock Exchange Benchmark 30-share Index (Sensex) opened with a big bang and even spurted past 11,400 level during morning trading on hectic buying support.

INTERNATIONAL
Oil prices hit 70 dollars a barrel in Asian trade
Oil prices hit 70 dollars a barrel in Asian trade today (Apr 17, 2006) on concerns over tight US gasoline stocks and continued fears the United States could launch military strikes against Iran's nuclear facilities, dealers said.