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Barrick, Newmont Said to Scrap Merger Talks After Snag

Apr 20, 2014 at 08:00 | Source: Bloomberg

Talks to merge the world's largest gold mining companies, Barrick Gold Corp. (ABX) and Newmont Mining Corp. (NEM), broke down yesterday amid minor disagreements that leave open the possibility that a deal could be revived, two people with kno...

Barrick-Newmont Merger Talks Said to Hit Snag on Spinoff Plans

Apr 20, 2014 at 08:00 | Source: Business Week

Talks to merge the world's largest gold mining companies, Barrick Gold Corp. (ABX) and Newmont Mining Corp. (NEM:US), broke down yesterday amid minor disagreements that leave open the possibility that a deal could be revived, two people with&...

Gold prices recover by Rs 20 to Rs 30250 on scattered buying

Apr 20, 2014 at 02:00 | Source: NDTV Profit

New Delhi: Gold prices recovered by Rs 20 to Rs 30,250 per 10 grams in the national capital on Saturday on scattered buying by retailers for the marriage season. Silver also rebounded by Rs 400 to Rs 43,400 per kg on increased offtake by industrial ...

Gold falls by Rs 20 to Rs 30230 on sluggish demand, global cues

Apr 18, 2014 at 15:58 | Source: NDTV Profit

New Delhi: Snapping a two-day rising trend, gold prices fell by Rs 20 to Rs 30,230 per 10 grams in the national capital on Friday owing to slackened demand at prevailing higher levels amid weak global cues. Silver also declined by Rs 200 to Rs 43,000...

S&P 500’s weekly gain is best since July 2013

Apr 18, 2014 at 12:32 | Source: Market Watch

NEW YORK (MarketWatch) — U.S. stocks ended the holiday-shortened week with solid gains, after four straight days of increases on the S&P 500 index and Nasdaq Composite. The benchmark index traded sideways on Thursday as investors weighed a mixed b...

Gold bars removed from Indian man's stomach

Apr 18, 2014 at 12:32 | Source: BBC

Twelve bars of gold have been recovered from the stomach of a businessman in the Indian capital, Delhi, a surgeon treating him has said. The 63-year-old man was admitted to hospital after complaining of vomiting and difficulty defecating. He told his...

Shuttler Bhat advances to New Zealand GP semis

Apr 18, 2014 at 09:43 | Source: FirstPost

Auckland: Recently crowned German Open Grand Prix Gold winner Arvind Bhat came out with another fantastic performance to enter the men's singles semifinal of the $50,000 New Zealand Badminton Open Grand Prix here Thursday.The fifth seeded Bhat beat M...

Audit agony for private firms

Apr 18, 2014 at 03:17 | Source: Calcutta Telegraph News

New Delhi, April 17: The Supreme Court today virtually brought all private companies using natural resources on a revenue-sharing basis with the government under the CAG scanner as it allowed the auditor to go through the accounts of telecom firms. ...

Peru weighs trade pact

Apr 18, 2014 at 03:17 | Source: Calcutta Telegraph News

Calcutta, April 17: Peru is looking to sign a free trade agreement (FTA) with India that will almost triple the volume of trade between the countries annually. Both the countries will form a joint study group in June-July after the new government ta...

U.S. stocks set for weekly gains

Apr 17, 2014 at 23:17 | Source: Market Watch

NEW YORK (MarketWatch)—U.S. stocks edged higher Thursday, with the main indexes set to finish a holiday-shortened week with solid gains. The benchmark S&P 500 is on track for the best weekly gain since July 2013. U.S. markets are closed Friday for...

IndusInd Bank profit rises 29%

Apr 17, 2014 at 12:37 | Source: Calcutta Telegraph News

Mumbai, April 16: Private sector lender IndusInd Bank today reported a 29 per cent jump in net profit at Rs 396.05 crore in the March quarter driven by higher margins, fee income growth and cost-control measures. The bank had a net profit of Rs 307....

Government hikes import tariff value on gold, silver

Apr 17, 2014 at 12:37 | Source: Economic Times

NEW DELHI: The government today hiked the import tariff value on gold and silver to USD 431 per 10 grams and USD 646 per kg, respectively, taking firm global cues. During the first fortnight of the current month, tariff value on imported gold was fi...

Gold prices set to decline through 2015: Report

Apr 17, 2014 at 12:16 | Source: Economic Times

LONDON: Gold prices are likely to keep falling through 2015 after a second annual decline this year as US monetary policy normalises and investors switch to higher-yielding assets, the GFMS team at Thomson Reuters said in a report on Thursday. Physic...

Gold futures weaken on global cues

Apr 17, 2014 at 11:58 | Source: NDTV Profit

New Delhi: Gold futures fell by 0.21 per cent to Rs 28,148 per 10 grams today as participants indulged in reducing exposures, largely in tandem with a global trend. At the Multi Commodity Exchange, gold for delivery in August, fell by Rs 59, or 0.21 ...

RIL blames inflated gas data in K G Basin on risky exploration

Apr 17, 2014 at 09:16 | Source: Economic Times

NEW DELHI: Reliance Industries Limited (RIL) on Wednesday blamed over estimation of the quantum of gas in the K G basin on the risky nature of the exploration and production business and the risks inherent in the application of "existing knowledge t...

Mumbai: Alleged 32-year-old serial molester arrested

Apr 17, 2014 at 08:27 | Source: FirstPost

Mumbai: A 32-year-old alleged serial molester, who assaulted at least 25 minors in the city's western suburbs since April last year, was arrested on Thursday from suburban Khar, police said.The one-eyed accused, Ayaz Mohammed Ali Ansari (32), has 13 ...

Gold Holds Above $1300 as U.S. Economy Assessed With Ukraine

Apr 17, 2014 at 08:00 | Source: Bloomberg

Gold held above $1,300 an ounce, heading for a weekly decline, as investors weighed signs of an improving U.S. economy against tension in Ukraine. Assets in the largest exchange-traded product sank the most this year. Bullion for immediate delivery&a...

NBFCs stare at poor growth as rural economy may get hurt by El Nino

Apr 17, 2014 at 06:21 | Source: Economic Times

MUMBAI: Non-banking finance companies are staring at the spectre of poor growth for the third year in a row as rural economy could be hit by the changing weather pattern called El Nino. If there is any slip in the farm economy, the mainstay of the pa...

New kind of trial aims to speed cancer drug development

Apr 17, 2014 at 05:45 | Source: FirstPost

LONDON (Reuters) - Scientists and drugmakers are pioneering a new kind of clinical trial that changes the way cancer drugs are studied, potentially cutting both the time and cost of bringing them to market.Instead of testing one drug at a time, a nov...

Technology giants look to skies to spread Internet

Apr 17, 2014 at 04:52 | Source: Economic Times

NEW YORK: The shortest path to the Internet for some remote corners of the world may be through the skies. That is the message from US tech giants seeking to spread the online gospel to hard-to-reach regions. Google took a step in that direction this...

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