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India s Sensex tops 17,000 points, Nifty rules above 5,000


MUMBAI – Indian equities soared and pushed a key index above the 17,000-point mark Monday as sentiments were buoyed by the positive weekend numbers on industrial output and some positive cues from the government on its divestment plans. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,893.11 points, against Friday’s close … Read : India’s Sensex tops 17,000 points, Nifty rules above 5,000.

Reports: Startup of Iran s Russian-built nuclear reactor delayed until next year
Reports: Iran’s Russian reactor startup delayed MOSCOW Russian news agencies are reporting the reactor at a nuclear power plant that Russia is building in Iran will not be switched on this year as planned. The agencies quote Energy Minister Sergei Shmatko as saying Monday that while Russia expects to make “serious progress” by the end of …. Source : Reports: Startup of Iran’s Russian-built nuclear reactor delayed until next year.

At town hall in China, President Obama presses for individual freedoms
more images more images Obama says freedoms are ‘universal rights’ SHANGHAI Pressing for freedoms on China’s own turf, President Barack Obama said Monday that individual expression is not an American ideal but a universal right that should be available to all. In his first presidential trip to Asia, Obama lauded cooperative relations with China but sought to send …. Source : At town hall in China, President Obama presses for individual freedoms.

Competition in agriculture to benefit people: Pranab
NEW DELHI – Finance Minister Pranab Mukherjee Monday said competition in the agricultural sector would be a “litmus test” but would benefit people. “There is a scope to include competition in the agriculture market. The real litmus test would be to reach out to the common man. This should offer better price mechanism,” Mukherjee said in …. Source article : Competition in agriculture to benefit people: Pranab.

Gautam Adani gets 10th place in the Forbes India Rich List 2009
more images Gautam Adani is the founder and promoter of Adani Power Ltd. Mr. Adani has been the Chief Executive Officer of Mundra Port and Special Economic Zone Limited since January 30, 2007. He has been holding the position of Managing Director since January 28, 1999 and also serves as its Chairman. According to Forbes’ 2009 … Read this article on Gaea Times at : Gautam Adani gets 10th place in the Forbes India Rich List 2009.

Asian markets gain more ground after upbeat US retail reports; gold hits record above $1130
more images more images Asia stocks rise after US retail news; gold climbs HONG KONG Asian stock markets advanced Monday as better-than-expected news about U.S. retailers buoyed confidence in world’s largest economy and gold prices hit a new record. Major markets across the region were up between 1 percent and 2 percent as investors poured into commodities and …. Source : Asian markets gain more ground after upbeat US retail reports; gold hits record above $1130.

Michelin to invest Rs.4,000 cr near Chennai
CHENNAI – French tyre major Michelin has signed an agreement with the Tamil Nadu government to set up a manufacturing facility on an investment of Rs.4,000 crore spread over seven years. The plant, to be set up by Michelin India Tamil Nadu Tyres Ltd, will come up on 290 acres at the Gummudipoondi industrial estate near …. Source : Gaea News Network.

Sensex surges 194 points, regains 17k
MUMBAI – The Bombay Stock Exchange (BSE) benchmark index Sensex today crossed the 17,000 mark in early trade, tracking firm Asian markets. It gathered more than 194 points to trade over 17,000 points level, expanding previous session’s increase on continued buying by funds, driven by firming trends on the other Asian bourses. The 30-share BSE Sensex climbed … Read more : Sensex surges 194 points, regains 17k.

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