Commodities

Energy News

Nabucco pipeline to be ready in 2011 in Bulgaria

Europe aims to break the Russian stranglehold on the regional energy sector with the Nabucco pipeline. The project would transfer non-Russian gas through Turkey and on to southern Europe, avoiding politically sensitive territory in Ukraine.

India's power sector: Is the light still on?

Even as the Indian economy is expected to post robust economic growth, there are negative returns in the power stocks on the Indian bourses. Leading power companies have yielded negative returns giving proving a shocker to the long-term investors. On an average, all major power stocks on the Bombay Stock Exchange (BSE) have depreciated by over 8% over past one year.

Commodity Trends: No wheat export, futures slump

With India's Agriculture Minister Sharad Pawar ruling out wheat exports for the time being, wheat futures which were rebounding at NCDEX went down again. India's major stock indices are set to gain this year on the back of earnings optimism and economic growth while RBI seems to be gearing up for interest rate hike in its Monetary Policy to be released on April 20

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Retail gold investment, a latest crush in India

In India, gold is considered as one of the prestigious instruments of investment among the household consumers. Small household units are now becoming potential investors for gold from the key consumers. The demand for consumption purpose is no longer the main driver of demand for the yellow metal, but the systematic investments in retail gold investment options is the latest crush among the small investors in the country.