The Telegraph - Calcutta : Business

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| Friday, May 19, 2006 |

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PC pill to calm jittery market

The government today scrambled to quell the rising panic in the market after it announced new criteria for a litmus test to distinguish between investment and trading income to rein in a growing tribe of carpetbaggers who have descended on India to ... | Read..

Metals add to meltdown

Base metal rates affected stock prices today and contributed to the downtrend in the market. ... | Read..

Gold tumbles

Gold prices tumbled across the board today, shedding between Rs 300 and Rs 320 per 10 gram, as stockists off-loaded part of ... | Read..

Global cues guide FIIs action

The finance minister’s clarification on FII status could not save the sensex from getting thrashed by 826.38 points on ... | Read..

ONGC gets ready for methane hunt

The ONGC board of directors has approved an investment of Rs 950 crore for exploration and development of six coal bed metha ... | Read..

PC pill to calm jittery market

Banks get leeway in board recast
The Union cabinet today approved the amendment to a banking bill that seeks to give greater autonom.. | Read..

Tata Steel profit loses shine
It was a day of disappointment for Tata Steel on Dalal Street as the company recorded a lower-than-.. | Read..

Punjab Bank to raise Rs 1000 cr

Punjab National Bank (PNB) is planning to raise Rs 1,000 crore as Tier-II capital to meet the c.. | Read..

TTML income tops Rs 1000 cr

Tata Teleservices (Maharashtra) Limited (TTML) has posted a total income of Rs 1,096.79 crore i.. | Read..

Havell’s declares 1:1 bonus

Havell’s India Limited, the Delhi-based supplier of circuit-switching systems, today anno.. | Read..

AROUND THE GLOBE

Mittals officially launch Arcelor bid

Mittal Steel Co officially launched its 21-billion euros ($27 billion) offer for rival Arcelor SA o.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.47	UK £1 : Rs 85.83
Euro : Rs 58.12	Yen 100 : Rs 41.05
HK $1 : Rs 5.08	SW Fr1 : Rs 37.05
Sing $1 : Rs 28.04	Aus $1 : Rs 34.05

Bullion

Bombay
Gold Std (10gm)	Rs. 10230
Gold 22 Carat	Rs. 10180
Silver bar (1kg)	Rs. 20310
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 10355
Gold 22 Carat	Rs. 9775
Silver bar (1kg)	Rs. 19600
Silver Portion	Rs. 19700