Pensions will now be based on average monthly salaries drawn through the entire period of contribution .. more »

BOSTON (MarketWatch) -- Among exchange-traded funds holding stocks, some of the best performers this year -- down 15%-20% or so instead of more than 30% for the Standard & Poor's 500 Index -- are those focused on consumer products, because Americans will always buy cereal, toothpaste, detergent, canned goods, soap and other household staples. .. more »

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The mayor of a Georgian town near the separatist region of Abkhazia has been killed in an explosion, the interior ministry says.Muzhava mayor Gia Mebonia and other officials were inspecting a house damaged the previous night by shelling when the incident happened.At least two other people, possibly including the home owner, were reported to have .. more »

The two-year mission will provide a detailed map of the mineral, chemical characteristics of the moons surface.. more »

A company can buy back a part of its shares held with public. In US it’s called Stock repurchase. A company buys back shares if it feels the shares are undervalued. Company uses surplus cash to buy back the shares. This reduces number of shares outstanding in the market. Company may take this step to [...].. more »

CHINAUpdate China Molybdenum (BUY/HK$3.58/Target: HK$5.75) With the fall in market valuation of molybdenum producers over the past few months, we have cut China Moly's target price to HK$5.75.China Telecom (HOLD/HK$3.29/ Fair: HK$3.60) CDMA business requires more time and effort to yield results. Our forecast suggests handset .. more »

ICICI Bank Managing Director and CEO K V Kamath on Tuesday demanded a probe by regulator SEBI and the government to bring the conspirators to book.. more »

Crude-oil futures tumble 7%, pressed by worries that the U.S. governments bailout plan may not be enough to stem the banking crisis and that slowing global economic growth will dempen demand for oil. .. more »

The mayor of a city whose officials have been accused of failing to deal with reports of tainted baby milk was dismissed Thursday, and the Chinese government announced that a fourth infant had died after drinking contaminated milk. .. more »

52 AM ISTMoney Matters India Infoline recommends Bharti AirtelIndia Infoline Email .. more »

It'd be wonderfully convenient if you could take your important documents and applications with you wherever you go, but lugging a laptop with you every time you step out the door is far from convenient. That's where MokaFive's new cross-platform application called iPhone Sentinel comes in. By turning part of your iPhone or iPod touch into a .. more »

The question facing the OPEC oil producer group which meets this week is when, not if, to cut its oil production target as crude prices slide in the face of weakening economic growth, analysts say... more »

Guys, it is the last article ever on the topic of "Shopping In India". Now, it is the turn of Chennai where you can find any expected book from following stores. Just take a look on this information which might help you to find the Book Stores locations here.LandMark (Nungambakkam High Road near the U.S. consulate) is your best bet for .. more »

SEBI had made grading of initial public offerings by all companies mandatory from May 1, 2007. Stocks 52 Week: High, Low | Gainers & Losers | Only: Buyers, Sellers.. more »

The situation looks quite grim. Typically, about 70% of a year's property sales happen during the festive season, between September and March. Some leading banks have seen a sharp dip in queries for home loans. According to Kotak Mahindra Bank, home finance queries for Tier I cities like Mumbai and Chennai are down 35-40% from last year. .. more »

The Centre has announced 3G and WiMax policies. Analysts expect that internet penetration in India will double fairly quickly. iPhone I Wi-fi wireless networks.. more »

Equities are likely to open lower after global markets fell on renewed economic concerns in the US. Tips for hiring a stock broker | Tackling volatile markets.. more »

Sarah Palin is supposed to have a lot of appeal to your more rightward-leaning libertarians. But while watching an endless, boring "Wooten-gate" video that the Poorman Institute pressed on its readership I learn that Palins official reason for firing her former state police commissioner is that he was soft on "alcohol bootlegging in .. more »

Kamath said investors were concerned whether high inflation would mean that consumer demand would slowdown... more »