Hong Kong - Hong Kong stocks shot up by nearly 13 per cent Thursday to record their second double-digit rise of the week as a cut in interest rates boosted confidence in the market.

The blue-chip Hang Seng index gained 1,627.78 points, or 12.82 per cent, to close the day at 14,329.85 after a 50 point overnight cut in interest rates in the US. Turnover was 75.1 billion Hong Kong dollars (9.68 billion US dollars).

Sun TV Network, promoted by Kalanidhi Maran, set up its FM Radio Station at Siliguri of West Bengal under the brand 'S FM' from 28 October through its subsidiary South Asia FM Ltd.

The listeners of Siliguri can tune to the station at 93.5 MHz frequency.

The South Indian company believes that the programs of the station will cater to the needs of all age groups.

With this, the total number of operational FM Stations of Sun TV has gone up to 43. The company holds licenses for 45 FM radio stations across India.

Frankfurt - In spite of the market turmoil unleashed by the world financial crisis, Deutsche Bank AG reported Thursday a third-quarter profit helped along by new accounting rules.

Germany's biggest bank said net profit in the three months to the end of September came in at 414 million euros (546.3 million dollars). This compares with a 1.63-billion-euro profit in the same period last year.

"After a period of exceptional market turbulence, the outlook for our business remains challenging," Deutsche chief Josef Ackermann said releasing the results.

"We will balance our dividend policy with our commitment to conserving capital strength in a highly uncertain environment," he said.

This season ‘Golmaal’ is back with ‘Golmaal Returns’, alas not with a bang but with a whimper. One of the most awaited flicks of the season is a sheer remake of 1973’s ‘Aaj Ki Taza Khabar.

A Marathi film was also inspired from the same story, which was made during 80’s, though both of them managed to impress the audience, the contemporary one fails to do so.

Washington, Oct 30 : Researchers from the Universities of Jaen and Granada in Spain have shown how wasted olive stones can be used to make bioethanol, a renewable fuel that can be produced from plant matter and used as an alternative to petrol or diesel.

This gives the olive processing industry an opportunity to make valuable use of 4 million tonnes of waste in olive stones it generates every year and sets a precedent for the recycling of waste products as fuels.

“The low cost of transporting and transforming olives stones make them attractive for biofuels,” said researcher Sebastian Sanchez.