Gold bugs celebrated the immediate returns, and remain confident the returns will continue throughout 2008 - but some near-term volatility may be in the books.
'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.
Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council (WGC).
Mumbai-based IT services provider Tata Consultancy Services has signed a four-year, $200 million (around Rs 800 crore) contract with the Social Security Institute of Mexico -- one of its biggest deals and its first government contract in the region.
The World Bank's move came as it told the two countries that it was responding to their separate proceedings initiated under the Indus Waters Treaty 1960.
The severe cyclonic storm lay over the south-east Bay about 300 km west of Port Blair on Monday and had intensified into a very cyclonic storm by 1.30 am, they said. It now lay about 950 km south south-east of Paradip at 8.30 am on Tuesday. The system is likely to intensify further and move in a north-western direction.
The company plans to display and sell the new product line in upscale consumer electronics stores and Giorgio Armani's direct controlled retail network. The tri-brand GSM/GPRS phone will be available in European countries, the Asian region and parts of the US by November.
Even as the number of Tigers has dwindled in recent decades, the population of elephants has recorded an increase. The number of the pachyderms in the 2007 Census was shown to be 18,664 as compared to 17,422 in the 2002 Census.
The accident took place around 9.15am, when nine members of the Gujarat-based family were headed to Mumbadevi temple in south Mumbai in a taxi.
Godrej Properties, the real estate arm of the Godrej group, has initiated two projects worth Rs 850 crore in Bangalore.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
According to a Reliance Retail executive, 20 per cent of the space will be occupied by local vendors selling their agricultural produce, food items and artifacts. Besides, there will be stores for foods and vegetables, entertainment etc.
However, truckers have spared other vegetables, fruits, fuel and milk from the strike.
This acquisition may be a precursor to an association with Orient-Express, which owns or part-owns and manages 35 hotels in 25 countries.
The updated election ads policy for India will require advertisers to provide a 'pre-certificate' issued by the EC or anyone authorised by the poll panel, for each ad. Further, Google will verify the identity of advertisers before their election ads run on its platforms, reports Peerzada Abrar.
"While both the pilots ejected from the aircraft before it crashed in the Arabian sea, the defence forces could rescue only one pilot. Search is still on for the second pilot," Ministry of Defence, PRO Captain Abhay Lambhate said.
The government has also swung into action to ensure that it is able to procure adequate quantities and avoid imports at exorbitant rates.
Experts believe dollar may continue to appreciate due to an increase in US economic growth
Real estate private equity fund Indiareit will invest Rs 250 crore (Rs 2.5 billion) in the proposed 138-acre township promoted by the Pune-based Paranjape Schemes Construction Ltd.
The Sensex opened 12 points lower at 13,838, and soon touched a low of 13,798. Fresh buying, thereafter, helped the index rebound into the positive zone and zip past the 14,000-mark.
Continuing with its uptrend, the Sensex opened with a positive gap of 147 points at 13,782. Profit-taking in early trades saw the index pare gains and slip into red to a low of 13,581.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Traders said emergence of buying at prevailing lower levels by jewellers and retailers ahead of the festive and wedding season, a firm global trend mainly led the recovery in precious metals.
Seeking to tap opportunities in Indian rail and mining sectors, UK-based infrastructure company Laing O'Rourke, which has a tie-up with domestic realty major DLF, has acquired Barclay Mowlem
This fully double-decker aircraft, which landed at 10.50 am, has a passenger capacity of 850 seats in all economy configurations, but in three classes it has the capacity to carry about 550 passengers.
This is bound to create more trouble for the Centre on the wheat front.
National Small Savings Fund schemes are losing out to stock market, bank and insurance products.
General Motors India on Wednesday said it would hike the prices of its multi-utility vehicle Chevrolet Tavera ranging from Rs 4,800 to Rs 8,700 across all variants from December 24.
Companies offering much more for wheat than govt's Rs 850 a quintal.
Telecom software and service solutions provider Mahindra-British Telecom has acquired privately-held US-based Axes Technologies for $54 million to consolidate its position as a leading services provider in the sector.
Bullion traders said subdued demand at current levels and a weak global trend mainly pulled down both gold and silver prices.
'The Vatican should take them to court for blasphemy and using a crucifix as a sex ornament,' says designer Wendell Rodricks.
In 10 years, the company has created several milestones but, more important, also created multiple-fold wealth for investors.
Among the Indians, while Robin Uthappa was bought by Rajasthan Royals for 3 crore, Test specialists Cheteshwar Pujara and Hanuma Vihari went unsold.
Korean major Samsung would invest Rs 85 crore (Rs 850 million) to implement its various ambitious projects in Haryana by year 2010, chief minister Bhupinder Singh Hooda said on Tuesday.
With 11th Five Year plan giving special focus on education, government on Friday earmarked a whopping over Rs 38,702 crore (Rs 387.02 billion) to the sector in the Union Budget 2008-09, showing a massive increase of over Rs 9,000 crore (Rs 90 billion) .
Salman Khan, whose appointment as IOA's goodwill ambassador in April was slammed by Olympic medallist wrestler Yogeshwar Dutt and legendary sprinter Milkha Singh, seemed to have no clue about who Dipa Karmakar was and how she fared so far at the Rio Games.
Dipa Karmakar, who became the first Indian to make the cut for the individual vault finals in her debut Olympic Games after finishing eighth in the qualifying round, will compete for a historic medal in the finals on August 14.
