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1600 dead and still counting, Quake shifted Earth 4 inches on its axis – Japan Devastated

Posted on: March 12th, 2011 and is filed under Market News.

Japan has awoken to devastation along its northeastern coast, with fires raging in many cities, parts of others still underwater and serious concerns about two nuclear reactors in the worst hit area. At least 1,000 people are known to have died in the massive 8.9 magnitude earthquake the…

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Oil falls, Asia stocks up but investors still jittery

Posted on: March 9th, 2011 and is filed under Market News.

Oil prices fell for a second day on Wednesday as OPEC considered raising production, pushing up Asian stocks although investors remained on edge because of the turmoil in West Asia. The euro nursed heavy losses early in Asia as worries about European sovereign debt problems intensified f…

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Congress-DMK reach seat-sharing deal

Posted on: March 9th, 2011 and is filed under Market News.

New Delhi/Chennai: After a three-day tense drama that triggered a major crisis for Prime Minister Manmohan Singh, Tamil Nadu’s ruling DMK Tuesday finally allowed the Congress to contest 63 of the 234 seats in next month’s Assembly elections. After suddenly ending seven years …

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Oil jumps above $106 amid fierce Libya fighting

Posted on: March 7th, 2011 and is filed under Market News.

Alex Kennedy, Associated Press, On Monday March 7, 2011, 3:49 am EST SINGAPORE (AP) — Oil prices rose above $106 a barrel Monday in Asia as intense fighting between Libyan government forces and rebels raised the prospect of a prolonged cut in crude exports from the OPEC nation. Be…

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Diesel price rise not likely till state polls

Posted on: March 7th, 2011 and is filed under Market News.

Consumers might be spared an increase in diesel prices for the time being. The reason: An already high inflation makes such a move risky for the government in view of the coming state elections. The elections will be over in mid-May. The decision to decontrol diesel prices was yet not of…

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Workers burn alive Graphite India manager

Posted on: March 4th, 2011 and is filed under Market News.

Bhubaneswar: Simmering discontent among suspended workers of a private steel factory in Orissa’s Bolangir district took a nasty turn today when some of them burnt alive a 60-year-old deputy general manager of the company. Radheshyam Ray, DGM (Operations) of Graphite India Ltd’s P…

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Gmail accidentally resetting accounts, years of correspondence vanish into the cloud?

Posted on: March 4th, 2011 and is filed under Market News.

If you’ve got a working Gmail account, you might want to back it up every so often — as many as 500,000 Gmail users lost access to their inboxes this morn, and some of them are reporting (via Twitter and support forums) that years worth of messages, attachments and Google Chat…

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Buffett takes insurance route to India

Posted on: March 3rd, 2011 and is filed under Market News.

The Sage of Omaha has finally arrived in India, just two days after the finance minister reaffirmed the government’s commitment to further liberalise the insurance sector. Berkshire Hathaway, owned by Warren Buffett, one of the world’s most successful investors, will distribute gener…

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World stocks slide as jump in oil prices renews worries

Posted on: March 2nd, 2011 and is filed under Market News.

Matthew Craft and David K. Randall, AP Business Writers, On Tuesday March 1, 2011, 5:46 pm EST NEW YORK (AP) — Stocks suffered steep losses as oil prices surged on Tuesday, renewing worries that higher fuel prices could hobble the economic recovery. Oil rose $2.66 to settle at $99…

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Intraday calls for 01-03-11

Markets likely to open higher, resistance at 5400 If Markets show some weakness, go short on Infosys for a target of 2975 Nifty Future/Index 1,5,10,15 minute Realtime Charts with TOP Indicators – …

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