News from other websites on Gold
Need to step up exports to deal with CAD, says RBI
Jun 19, 2013 at 13:16 | Source: Business Today
The Reserve Bank of India has said India would have to increase exports to deal with challenge of high current account deficit (CAD), even as impact of recent steps taken by the government, including curbs on gold imports, are yet to be tested.Surgi...
No takers for silver despite low prices, demand plunges 40% in a month
Jun 19, 2013 at 13:16 | Source: Economic Times
KOLKATA: Demand for silver jewellery and coins has dropped by almost 40% in the last one month although prices have fallen to 43,000 per kg from 55,000 per kg in June last year. The metal has also lost its flavour as an investment product and the tra...
India stands out against EMs, has potential to lead recovery: Madhu Kela
Jun 19, 2013 at 13:16 | Source: Economic Times
In an interview with ET Now, Madhusudan Kela, Chief Investment Strategist, Reliance Capital, shares his views on the rupee and the market. Excerpts: Nikunj Dalmia: Last time when we interacted on this forum, you had three big calls -- gold will plun...
Difficult for FIIs to ignore Indian market, has potential to lead recovery: Madhu Kela
Jun 19, 2013 at 13:16 | Source: Economic Times
NEW DELHI: India stands out among other emerging markets (EMs) and has the potential to lead recovery, feels Madhu Kela of Reliance Capital. Even though Kela acknowledges that investors are currently questioning EMs as an asset class, he thinks that...
Hauz Khas Village: The hypocrisy of high-end 'alternative' chic
Jun 19, 2013 at 13:15 | Source: FirstPost
Its a Saturday afternoon, and it's time to head out the door. Not to anywhere as declasse as a mall or predictable as the run-of-the-mill overpriced Dilli restaurant. That wouldn't do for someone who thinks green, eats organic and is single-mindedly ...
Gold slips for third day on rally in stocks, Fed caution
Jun 19, 2013 at 12:00 | Source: NDTV Profit
Singapore: Gold fell for a third straight session on Wednesday, hovering near the lowest level in four weeks, as a rally in stocks and investor caution over the Federal Reserve curbing its stimulus programme sapped support for bullion. Fed chairman B...
Sunny Jamaica cast into shadow after new drugs bust
Jun 19, 2013 at 11:46 | Source: DNA India
Jamaica, sunlit home of the world s finest sprinters, was cast into shadow on Tuesday after confirmation that the Caribbean island s most successful female sprinter has failed a drugs test. Twice Olympic 200 metres champion Veronica Campbell-Brown, ...
PV Sindhu skips Singapore Open, eyes Worlds in Aug
Jun 19, 2013 at 11:46 | Source: DNA India
World No. 11 PV Sindhu has given the Singapore Open Super Series, which began with the qualifying rounds on Tuesday, a miss. The Hyderabad shuttler was originally scheduled to play in last week s Indonesia Open Super Series Premier and the Singapore...
Bank aspirants in warm-up mode
Jun 19, 2013 at 11:42 | Source: Calcutta Telegraph News
Mumbai, June 18: Several industrialists and business groups have started securing approvals from their board of directors before getting their hand-picked entities to file applications for new banking licences that will be awarded by March next year...
Global drop to cast shadow on gold; MCX August may slip to Rs 26,800
Jun 19, 2013 at 11:42 | Source: The Hindu BusinessLine
Chennai, June 19: With gold prices having dropped over one per cent overnight in the global market, the precious metal will likely head lower on spot and futures market on Wednesday. Though the rupee’s fall threatens to reverse the bearish tre...
Cannes Lions update: Indian agencies win four more awards
Jun 19, 2013 at 10:08 | Source: FirstPost
It was a better day for Indian agencies at Cannes, with Taproot India winning two golds for their client, Times of India, Grey India winning two bronzes for DHL Express and Duracell batteries and, finally, Ogilvy India winning a bronze for their clie...
U.S. stocks rally, applauding Fed in advance
Jun 19, 2013 at 08:37 | Source: Market Watch
NEW YORK (MarketWatch) — U.S. stocks rallied on Tuesday, with a two-day advance wiping out last week’s losses, as Wall Street gave an advance thumbs up to the upcoming Federal Reserve monetary-policy announcement. “You can bet your last dollar...
China stocks fall, Japan jumps, ahead of Fed meet
Jun 19, 2013 at 08:37 | Source: Market Watch
HONG KONG (MarketWatch) — Chinese and South Korean stocks fell Wednesday on caution ahead of the Federal Reserve’s monetary-policy decision later in the day, while Japanese shares rallied on a weakened yen and strong overnight gains on Wall Stre...
Nine things you need to know before the opening bell
Jun 19, 2013 at 08:15 | Source: FirstPost
Snapshot: Indian markets, TuesdaySensex:19223.28, down 102 pointsNifty: 5813.60, down 36.5 pointsRupee: 58.81 against dollar, record closing lowGlobal market cuesUS stocks advanced for a second straight day on Tuesday as investors bet the Federal Res...
Rupee hits 58.7 against $, will it depreciate more and surpass its record low?
Jun 19, 2013 at 07:15 | Source: FirstPost
The rupee fell 1.5 percent to a record closing low on Tuesday over concerns that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus.The funding of India's ...
Rupee s slide before elections could be a result of policy uncertainty
Jun 19, 2013 at 06:21 | Source: Economic Times
MUMBAI: Elections and politicians bring with them many conspiracy theories. Even the currency market has one — namely, the Indian rupee depreciates whenever a general election is around the corner. The implication is that some of the ill-gotten wea...
Gold futures edge up to near one-week high
Jun 19, 2013 at 06:00 | Source: FirstPost
MUMBAI (Reuters) - Gold futures edged up on Tuesday to their highest in nearly a week, helped by a weaker rupee, which was not far from its record low. Silver also moved higher.* The actively traded gold for August delivery on the Multi Commodity Exc...
Gold prices retreat ahead of Fed meeting
Jun 19, 2013 at 04:30 | Source: FirstPost
LONDON (Reuters) - Gold prices fell on Tuesday as traders took to the sidelines ahead of a Federal Reserve policy meeting they hope will give greater clarity on the outlook for U.S. monetary policy.The Fed meets this week amid intense speculation tha...
Rupee falls 1.5 percent to record closing low
Jun 19, 2013 at 02:45 | Source: FirstPost
MUMBAI (Reuters) - The rupee fell 1.5 percent to a record closing low on Tuesday as traders worried that the country's current account deficit made the currency especially vulnerable to any scaling back of the U.S. Federal Reserve's monetary stimulus...
Dollar gains, world shares subdued as markets await Fed
Jun 19, 2013 at 02:15 | Source: FirstPost
LONDON (Reuters) - The dollar rose but equity markets stuck within tight ranges on Tuesday as uncertainty over the future of the U.S. monetary stimulus program kept investors on edge ahead of the Federal Reserve's policy meeting.The U.S. central bank...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
