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Assumptions of sturdy first quarter corporate results, inclining amendment in India's GDP growth predictions by the International Monetary Fund and renewal of monsoon pressed up the BSE-yardstick Sensex pointedly by 373 points in the week.

The IMF toasted India's development predictions for the year 2010 to 9.5 per cent, expressing that the encouraging financing circumstances and sturdy corporate profits shall speed up the economic growth. The IMF feels that India's economy shall grow by 8.5 per cent in 2011.

Anadarko, which is one of the partners of BP in the deepwater oil well that exploded in April and caused the disaster oil spill in Gulf of Mexico, has denied paying its share of the oil spill costs so far.

The oil firm Anadarko has 25% stake of the Macondo well, hence it was asked to pay at least 272 million dollars as its share by BP.

Researchers at UC Davis discovered that abnormal brain images combined with examination of the composition of the fluid, which surrounds the spine may provide the earliest signals distinguishing healthy older adults at risk of having Alzheimer's disease.

Lead study author Laurel Beckett, a professor of public health sciences at UC Davis said, "Our findings indicate that a distinctive pattern of imaging and biomarker deviations from typical adults may be an early warning sign of neurobiological pathology and an early sign of Alzheimer''s disease."

Digital photography and printing firm Kodak India has launched a pocket video camera at a price of Rs 7,999.

In a statement, Kodak India vice president (sales and channel management and SPG head digital camera and device and film capture) Saraswatula Srinivasu said, ''Kodak PlaySport is specifically designed for consumers with active lifestyles, allowing them to capture full 1080p HD video- even underwater simply with the touch of a button.''

The Indira Gandhi National Open University (IGNOU) has made announcement about the launching of an executive MBA, eight new finishing school courses and a B. Sc. IT for international market programme.

The courses aimed at increasing employability of pupils and tailor made as per the market demands will be rolled out in association with major IT trainer, the National Institute of Information Technology (NIIT).

The partnership deal was signed by IGNOU Vice Chancellor V. N. Rajasekharan Pillai and NIIT Chairman Rajendra S. Pawar.