Gold touches new heights.

Gold ruled steady at 16,900 rupees per ten grams at Delhi's bullion market, today.But in the global market, gold surged to a new record high of 1,109.90 dollars an ounce, as a weakening dollar raised its appeal as an alternative investment.

India's growth rate can surpass China next year: WB

The World Bank has said the India's growth rate can surpass that of china next year. It said that India managed to achieve the average rate of nine per cent growth over five years before the economic meltdown and there is no reason why its economy cannot return to that growth level. The Wor...

FICCI Taskforce Report on National Security and Terrorism released

Scheme formulated for providing interest subsidy on housing

The government has formulated a scheme for providing interest subsidy on housing for the Urban poor. Under the scheme the poor sections of society will be able to get 5 per cent subsidy in the interest payment up to 1 lakh rupees for loans for construction of new house .Households with monthly incom...

Oil prices higher in Asian trade

Crude oil was higher in Asian trade, today, after falling at the end of last week in reaction to a surge in US unemployment figures. New York's main contract, light sweet crude forDecember delivery rose 81 cents, to 78.24 dollars a barrel. Brent North Sea crude for December delivery gained ...

Global gold prices hit new highs

Gold prices in London, New York, Shanghai and Mumbai surged to record highs, today, on the back of a weak dollar. In Singapore, gold for immediate delivery shot up 10.01 dollars, to an all-time high of 1,105.11 dollars an ounce, as expectations for record low borrowing costs in the US drove down the...

Gold rules steady

Gold ruled steady at 16,900 rupees per ten grams at Delhi's bullion market, today.But in the global market, gold surged to a new record high of 1,109.90 dollars an ounce, as a weakening dollar raised its appeal as an alternative investment.

Sensex ends up 340 points

The benchmark Sensex today jumped 340 points, extending gains for the fourth straight session. The Bombay Stock Exchange barometer closed higher by340.44 points, or 2.11 per cent, at 16,498 points. The wide-based National Stock Exchange index Nifty spurted by 102 points to close at 4,898 points. Bro...

India's growth rate can surpass that of china: WB

The World Bank has said the India's growth rate can surpass that of china next year. It said that India managed to achieve the average rate of nine per cent growth over five years before the economic meltdown and there is no reason why its economy cannot return to that growth level. The Wor...

Global gold prices hit new highs

Gold prices in London, New York, Shanghai and Mumbai surged to record highs, today, on the back of a weak dollar. In Singapore, gold for immediate delivery shot up 10.01 dollars, to an all-time high of 1,105.11 dollars an ounce, as expectations for record low borrowing costs in the US drove down the...