TopNews

New Delhi, Sept. 28 : Minister of Fertilizers and Chemicals and Steel Ram Vilas Paswan will release the National Policy on Petrochemicals here today.
The policy is aimed at promoting investment in upstream in downstream industries, increase production and consumption, create infrastructure and promote research and development of plastic and synthetic fibres.

The markets closed strong on Thursday with the benchmark index soaring 1.3% to close the day at 17,150 levels. In the intraday dealings, the 30-share index performed in a range of 17,018-17,188 levels.

Nifty hit a record high of 5,016 levels. The 50-share index ended the perky day at 5,000 after gaining 1.2 per cent. NSE Nifty took 205 trading sessions to made last 1,000 points.

During the flight from 4,000 to 5,000 levels, Foreign Institutional Investors pumped in $10.75 billion whereas Mutual Funds inducted $1.26 billion.

Detroit-based Caraco Pharmaceutical Laboratories Ltd. has announced that its generic drug Methimazole has been granted final approval by U.S. health. The tablet used for treatment of hyperthyroidism will be sold in 5mg and 10mg strengths by the company under brand name Northyx.

Mumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.

Balasore (Orissa), Sept 27 : Orissa is reeling under floods caused by heavy rains over the past few days across the state.