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Boeing 787 to Makes its First Flight!

After being delayed by almost 2 years, the Boeing 787 is all set to make its first flight today. The first flight of the Boeing 787 Dreamliner is scheduled for 10 a.m. PT, 1 p.m. ET today. The Boeing 787 Dreamliner is the most awaited flight and it has already been delayed for so long. It was set to make ... Read More »

Apple Earnings 2009 report

There are some very interesting numbers in Apple’s third-quarter press release. Apple has also disclosed more numbers in its conference call which is still in progress. Some highlights: 3.05 million Macs sold this quarter, up 17 percent from a year ago. The overall PC market is expected to grow just 2 percent in the third quarter. That means Apple is ... Read More »

Interest rate Back to form in Australia!!!

The  temporary burial of Interest rate in the world  has again CAME  back to life. Is it  ridiculous, well Australian Government has come out and declared that  the  interest rate will be  increased to  3.25%  from  3%. Australia who avoided   the Recession last year was  a lone nation to survive from the wrath of  Economy downfall when the entire  world ... Read More »

High-frequency trading: useless and manipulative?

I found an interesting  article on the concept for High Frequency trading . The credit for the post is deserved by blogs.reuters.com. The explosion of interest in high-frequency trading has started to drag new faces to sometimes staid industry conferences. Traders who for years worked on algorithms and computer codes behind the scenes are stepping into the spotlight. They’re appearing on more and more panel discussions, feeling the need to defend ... Read More »

NTPC sets riders for KG gas deal

NEW DELHI: The government-owned NTPC is expected to sign a gas sales purchase agreement (GSPA) with RIL for the supply of gas to its power plants with two riders — that the agreement will not have any prejudice to their pending cases and that the marketing margin being charged on the gas price by RIL is reviewed by the government. ... Read More »