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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...

Bank of America loss isn’t just a mortgage story

Apr 17, 2014 at 04:52 | Source: Market Watch

Bank of America Corp. (NYSE:BAC)  today reported more mediocre results, with a first-quarter net loss springing from another major mortgage-related settlement. But there are two silver linings. Shutterstock.com The bank’s shares slumped over 3% o...

Bank of America: the good, the bad and the ugly

Apr 16, 2014 at 21:52 | Source: Market Watch

Bank of America Corp. (NYSE:BAC)  today reported more mediocre results, with a first-quarter net loss springing from another major mortgage-related settlement. But there are two silver linings. Shutterstock.com The bank’s shares slumped over 3% o...

Gold wavers, copper edges up after China data

Apr 16, 2014 at 20:37 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Gold futures struggled to hold above $1,300 an ounce on Wednesday, even as copper prices climbed following data showing China’s economy slowed somewhat less than feared in the first quarter. Gold for June delivery (...

Gold recovers by Rs 130 to Rs 30130 on scattered buying

Apr 16, 2014 at 15:58 | Source: NDTV Profit

New Delhi: Gold prices recovered by Rs 130 to Rs 30,130 per 10 grams in the national capital on Wednesday on scattered buying by stockists for the wedding season demand. However, silver declined further by Rs 300 to Rs 43,000 per kg on reduced offtak...

Check out: Kangna and Vir's lip-lock in Revolver Rani

Apr 15, 2014 at 23:59 | Source: Money Rediff News Report

After watching some Bollywood heroes play womanizers on the silver screen, it is time for a woman to turn tables on the men folk and Kangna does exactly that in her next film Revolver Rani. In the film, Kangna will be seen having fun with her toy boy...

Gold drops nearly 2%; silver, copper take hits

Apr 15, 2014 at 22:07 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Gold futures dropped nearly 2% on Tuesday, with analysts attributing the decline to profit-taking on the back of overall strength in the dollar after the prior session’s close at a three-week high for the metal. Sil...

Gold falls from three-week high on profit-selling, global cues

Apr 15, 2014 at 17:41 | Source: Economic Times

NEW DELHI: Gold prices fell from three-week high by losing Rs 200 to Rs 30,000 per 10 grams here today on profit-selling by stockists at prevailing higher levels amid weak global trend. Silver also snapped two-day rising trend and dropped by Rs 600 t...

Why do we value gold?

Apr 15, 2014 at 12:52 | Source: BBC

Mankind's attitude to gold is bizarre. Chemically, it is uninteresting - it barely reacts with any other element. Yet, of all the 118 elements in the periodic table, gold is the one we humans have always tended to choose to use as currency. Why?...

Five most memorable Michael Phelps moments

Apr 15, 2014 at 08:22 | Source: FirstPost

Michael Phelps, the most decorated Olympian ever, is coming out of retirement to swim next week at the Arena Grand Prix in Arizona.The meet will be his first competitive meet since the 2012 London Olympics, where he won the last of his 18 golds and 2...

Sri Lanka: Displaced in north long for home

Apr 15, 2014 at 07:37 | Source: BBC

Would you like to go home? The men chorus Yes! as my question is translated into Tamil. We're waiting for that date. There's enough land. We'll farm it. We'll fish. They cannot do that here in the Konapalam camp, the cramped home...

Michael Phelps to come out of retirement ahead of 2016 Rio Olympics

Apr 15, 2014 at 07:22 | Source: FirstPost

Michael Phelps, the most decorated swimmer of all time, will come out of retirement next week, the clearest signal yet that he is getting ready to make an Olympic comeback at the 2016 Rio de Janeiro Games.The American, who has not competed since the ...

World must end 'dirty' fuel use - UN

Apr 13, 2014 at 18:27 | Source: BBC

A long-awaited UN report on how to curb climate change says the world must rapidly move away from carbon-intensive fuels. There must be a massive shift to renewable energy, says the 33-page study released in Berlin. It has been finalised after a week...

Lok Sabha polls 2014: First-time voters want 'change'; propel turnouts to record levels

Apr 13, 2014 at 13:16 | Source: Economic Times

Shyam Sundar, a retired government officer, has been voting for five decades and, for good measure, for the same party all along. What struck him this time around when he came out to vote in Gurgaon was the sheer number of youngsters in the queue. "P...

Trade gap widens to $10.5bn in March

Apr 12, 2014 at 13:22 | Source: Calcutta Telegraph News

New Delhi, April 11: Trade deficit hit a five-month high of $10.5 billion in March and exports dipped for the second straight month, making it difficult for the government to lift the gold curbs that had helped to contain current account deficit. In...

India s trade deficit widens to five-month high of $10.5 billion

Apr 12, 2014 at 13:22 | Source: Economic Times

NEW DELHI: India's trade deficit widened to a five-month high of $10.5 billion as exports contracted for the second month running, declining 3.14 per cen in March, while the fall in imports slowed to 2.1 per cent because of higher inbound shipments o...

KBL's Mahila Mission 20, an all women project at Coimbatore plant sets foot in Limka Book of Records

Apr 12, 2014 at 13:22 | Source: Economic Times

PUNE: Kirloskar Brothers Limited (KBL), announced that its all-women Coimbatore plant has bagged a prestigious award by the Limca Book of Records for its project 'Mahila Mission 20'. The project has achieved a milestone of assembling a pump in 17.25 ...

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Apr 12, 2014 at 13:22 | Source: Economic Times

NEW DELHI: Gold and silver imports declined 40 per cent to USD 33.46 billion in 2013-14 mainly due to restrictions imposed by the government on inbound shipments of the precious metal to narrow the current account deficit. Imports of gold and silver ...

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Apr 12, 2014 at 10:00 | Source: NDTV Profit

New Delhi: Gold and silver imports declined 40 per cent to $33.46 billion in 2013-14 mainly due to restrictions imposed by the government on inbound shipments of the precious metal to narrow the current account deficit. Imports of gold and silver in ...

Gold posts modest gain on buying; silver slips

Apr 11, 2014 at 20:06 | Source: Economic Times

MUMBAI: Gold prices strengthened further here today on the back of consistent demand from stockists and retailer investors amid bullish global sentiment. On the other hand, silver fell back due to speculative unwinding as well as reduced industrial ...

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