There’s Nothing To Discuss With Musharraf, Says Sharif

Former Prime Minister Nawaz SharifNew Delhi: Pakistan’s exiled former P

Oil Ends Lower

Oil and gasoline futures finished lower on Thursday as capitalists shifted their interest to calm down the heated market worries and upset over the subsisting instability in the market; thus putting to rest concerns over the auspicated tropical storm.

For September delivery, light, sweet crude came down USD 2.33 to USD 71 a barrel on the New York Mercantile Exchange (NYMEX), whereas September gasoline rate descended 3.05 cents to USD 1.9783 per gallon.

Nymex heating oil went down 4.4 cents to USD 1.9829 a gallon.

Value Buying can Bring Markets into Green: Vishwas Agarwal

Bears continued their domination over buying and selling action on Thursday. Strengthening of existing bearish response on Friday is likely to fetch other stocks in their favor. In contrast, optimistic response on Friday is expected to alter the current outlook.

In spite of the tough basics, Indian market is affected gravely on ongoing US subprime disaster in conjunction with political disputes on nuke contract issue between the Congress and Left parties, added technical analyst, Vishwas Agarwal.

Iraqi PM And President Declares New Pact

Iraqi Prime Minister Nouri Al-MalikiBaghdad: The Iraqi prime minister and president declared a new coalition of moderate Shias and Kurds, alleging Sunni moderates defied to join but the door remained open to them.

Prime Minister Nouri Al-Maliki articulated the contract was the initial step to unfreeze political stagnancy that has gripped his Shia-led governance since it first accepted control in May 2006.

Market may Recovery Tomorrow - Analyst View

Rahul Agarwal, VP, Institutional Sales, LKP Shares stated that today the stock market saw a big improvement of 4.5%. It reflected the worldwide movement and it depressed on the back of a firmer Yen and global disentangling.
Mr. Agarwal anticipates the securities market to rectify further and touch 14,000 level. On Friday (August 17), markets may remain pessimistic due to sharp fall in valuations. He suggests that buying in the some fundamentally strong stocks is the best bet at this downfall. The stocks include Reliance Industries, Reliance Communications, Reliance Energy, Tata Power and Bharti Airtel.

Sify Combined its Consumer Businesses

Chennai: Sify LimitedSify Limited has incorporated its portal www.sify.

Pages

News in Focus

BEL, BEML, Garden Reach, MMTC, IREDA Share Price Declines as Overall Market Sentiment Remains Bearish

BEL, BEML, Garden Reach, MMTC, IREDA shares were among high volume PSU stocks facing decline due to selling pressure.

How to Spot and Avoid Online Casino Scams

Nowadays, you can find numerous online casinos on the market. While some of them are incredibly trustworthy, you can still run into some suspicious gaming sites.

Power Finance Corporation (PFC) Share Price Recovers from Lows; Positive Results Fail to Impress Markets

Power Finance Corporation share price declined to Rs 362 during early trades but recovery was witnessed during the afternoon trade.

IREDA Share Price Recovers from Rs 164; Could Act as Immediate Support

IREDA stock witnessed major selling today and touched low of Rs 164. The stock recovered from lower levels as sustained buying was witnessed in the counter.

Texas Considers Legalized Sports Betting Amid Political Hurdles; Governor Greg Abbott Comments Neutral

The debate over legalized gambling in Texas has gained renewed momentum as Governor Greg Abbott recently expressed openness to online sports betting.

Hindustan Aeronautics Share Price Drops 2% as Air Force Chief Comments on Delivery Delays

Hindustan Aeronautics Limited share price declined after comments about aircraft delay by Air Force (IAF) Chief Marshal A P Singh.