INSERT ... RETURNING as Oracle

Hi,

Sample table:

create table basket (
  id   serial  NOT NULL PRIMARY KEY,
  timestamp  timestamp NOT NULL DEFAULT CURRENT_TIMESTAMP
);

How can I make a one step insert into the table and get values of 'ID' ?
I am trying to find a similar solution as in the oracle's INSERT ...
RETURNING.

If I use at first the INSERT, and after SELECT MAX(ID), the result will be
uncertain.

my system version: 7.0.2

Thx,
Andras s-andras@freemail.hu