Nifty hits 5600 for 1st time since Jan 21, 2008

At 9:40 hours IST the 50share NSE Nifty has touched another milestone 5600 level on Monday, for the first time since January 21, 2008.

Cricket-Afghan cricketers make waves with T20 victory

KARACHI, Sept 7 (Reuters) – Flag-waving and rifle shots greeted Afghanistan’s Twenty20 tournament victory in Pakistan on Monday.

Cricket-Afghan cricketers make waves with T20 victory

KARACHI, Sept 7 (Reuters) – Flag-waving and rifle shots greeted Afghanistan’s Twenty20 tournament victory in Pakistan on Monday.

Obama kicks off campaign with infrastructure plan

MILWAUKEE (Reuters) – President Barack Obama, scrambling to jump-start job creation in a sluggish U.S.

Trading in ETC Network to be suspended from Sept 16

The National Stock Exchange said on Monday shares of ETC Network will be suspended from trading with effect from Sept. 16 as it has merged with Zee Entertainment Enterprises.

Ex-Guns N’ Roses bassist leaves Jane’s Addiction

LOS ANGELES (Reuters) – Rock band Jane’s Addiction said Monday it has parted ways with its latest bass player, former Guns N’ Roses member Duff McKagan, five months after announcing his addition to the oft-vacated post.

EU finmins want budget rule offenders rapped swiftly

BRUSSELS (Reuters) – European Union finance ministers sought on Monday to make sanctions for EU budget rule breakers more automatic, but put off potentially difficult talks on a permanent mechanism to resolve euro zone crises.

HDFC Bank raises key lending rate by 50 bps

HDFC Bank, India’s No. 2 private sector lender, on Monday said it had raised its benchmark lending rate by 50 basis points to 16.25%.

Olympics-London 2012 plans for archery at Lord’s given go-ahead

LONDON, Sept 6 (Reuters) – Cricket will make way for archery at the historic Lord’s ground in two years’ time after London 2012 organisers got the go-ahead for their plans on Monday.

Nifty ends at 31mth high on global cues; RIL, SBI lead

Equity benchmarks closed at 31month high on Monday on the back of uptrend across the globe post betterthanexpected US employment data.