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Jobless rate at 26 year high: US

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

The US unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher. The unemployed rate jumped to 10.2 percent, the highest since April 1983, from 9.8 percent in September

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US jobless rate hits 261/2year high at 10.2 pct

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

The US jobless rate unexpectedly jumped to 10.2% last month, a 261/2year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.

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Two killed, 6 injured in Orlando, Fla. Shooting

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

Two people were killed and six injured by a gunman who opened fire in a highrise office building in Orlando, Florida on Friday, local media reported.

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Exit Suzlon Energy at Rs 83: Joshi

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

Exit Suzlon Energy at Rs 83, says Sharmila Joshi, Investment Advisor.

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AIG posts second consecutive quarterly profit

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

American International Group Incorporation, the insurer bailed out by the US government, posted its second straight quarterly profit on Friday, helped by recovery in the value of its investments.

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Bus crash kills 30 in Himachal Pradesh

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

At least 30 people were killed and 40 others were injured on Friday when a bus plunged into a gorge in Himachal Pradesh.

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Coal India to appoint independent adviser for IPO

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

Coal India to appoint independent adviser for IPO

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BSNL too offers per second billing

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

Bharat Sanchar Nigam Ltd has joined the ongoing mobile tariff war by announcing a slew of initiatives including a scheme based per second billing. BSNLs mobile services shall be available at 1 paise per second for local and STD calls within its network. Calls to other networks shall be made available at 1.20 paise per second.

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Dairy exports turn viable as global prices recover

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

With global milk powder prices hitting a 15month high, the overall dairy scenario has undergone a sudden change, significantly impacting the milk supply dynamics in India as well.

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BHEL bets on near doubling of orders in H2

indiastocks — Sat, 07 Nov 2009 11:06:48 GMT

With the economy showing broad signs of a revival, equipment major BHEL is betting on a near doubling in order bookings in the second half of the current fiscal.

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