Indian Currency Marks Its Closure At 46.94 Vs Dollar

Indian Currency Marks Its Closure At 46.94 Vs DollarIndian current on Friday dropped to a 26-week low at 46.94 against the dollar after shedding 14 paise on heavy buying of the greenback by foreign banks.

The Rupee started the day on a low note at 47.10 a dollar and then fluctuated in a broad range between 46.76 and 47.33 in intra day trade.

The Indian unit made some recovery from its lowest level in six-and-a-half months, on the back of dollar selling by exporters but losses in domestic shares and the U. S. unit gains against some majors continued to weigh.

'Chemotherapy Bomb' Promising Against Cancer

'Chemotherapy Bomb' Promising Against CancerA team of German and US researchers have created a new "chemo-bomb" that is more effectual in treating cancer and lead to less side effects as compared to the traditional chemotherapy.

Scientists made this experiment at the Erasmus Medical Center in Rotterdam's University Hospital.

They combined chemotherapy and hyperthermia by twining them in small fatty globules and inserting them into the blood stream.

ITC Ltd Q4 PAT Up 27.1%

ITC Ltd Q4 PAT Up 27.1%For the three month period ended March 2010, ITC Ltd has recorded a surge of 27.1 percent in its net profit after tax (PAT), which stood at Rs 1,028.22 crore as against Rs 808.99 crore for the quarter ended March 2009.

The total income of cigarettes-to-hotels major for the said quarter came up to Rs 5,190.81 crore as compared to Rs 4038.17 crore for the same period of last year.

According to company's statement, "The board recommends a total dividend of Rs. 10 per share for 2009-10 including a special centenary dividend of Rs. 5.50 per share."

Volcano ash column declines

Volcano ash column declinesIceland's Eyjafjoell spewed the ash plume to decrease the volcanic activity. Unbelievably, the volcano has declined in recent days and the volcanic activity has also somewhat decreased.

As per the experts, adding the ash product could lead to drop further. The geophysicist Steinunn Jakobsdottir has said that the column of ash rising Eyjafjoell has hardly ever gone under five kilometers till yesterday.

India ranks second amongst top e-waste generators

India ranks second amongst top e-waste generatorsAccording to a report from Delhi's radiation exposure that hints that India is the second largest e-waste generator in Asia.

The startling facts states the radioactive material called "Gammacel" was decommissioned in 1985. The recent reports suggest that this material was recently auctioned in February 2010 to some scrap dealers.

NICTA begins its CEO search

Nicta-logoThe most familiar name among the technology research cycle, Mr. David Skellern set to leave the National ICT Australia. He will be leaving NICTA early next year. So to fulfill his position the hunt for his replacement has already begun. An executive search firm has appointed for this job.

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