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| Exchanges allowed to set trading hours |
Securities and Exchange Board of India (SEBI) on Friday decided to permit Stock Exchanges to set their trading hours (in the cash and derivatives segments) subject certain conditions. .... |
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| Damas’ jewellery sales shoot up during Diwali |
| Damas 22K segment stores registered very encouraging results during the promotion period between October 1-72009, which was incidentally the longest in the jewellery sector of the region, offering its.... |
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| 'India withstands crisis, 6.4% growth likely in FY'10' |
| The consumer durables segment has shown a spectacular recovery. In the last five months it has grown by an average of 15%, compared with a meagre 0.5% for the preceding five-month period. However, thi.... |
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| Silver beats gold this festival season in Gujarat |
| Gold and silver prices are ruling at all time high levels. The gold prices have surged more than two times in last five years. Last Dhanteras, gold was quoted around Rs 6,900 per 10 gm, which is now R.... |
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| Now try jewels online at home |
| This month Ace Jewelers introduced Holition Augmented Reality on the website, this is a new revolutionary technology, makes it possible to try on your favourite ring or wristwatch in front of a comput.... |
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| Gold fails to shine on India festival day |
| Traders said buying activity in domestic markets declined sharply as retail customers refrained from making purchases in gold, after it surged to an all-time high of Rs 16,250 per 10 gm in the previou.... |
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| Suzlon Energy completes 19.5 MW GMDC project |
| This first 19.5 MW project forms part of the GMDC’s larger roadmap to develop 100 MW of wind power capacity. Speaking on the project, the GMDC spokesperson said: “Diversification into wind.... |
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| Mad rush to buy gold on Dhanteras in India |
| Gold scaled record heights in India this week with the prices crossing Rs 16,000 per 10 gm on Wednesday. And buyers have been watching the prices and keeping away from the market for some time. But, t.... |
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| Chinese auto industry to boost platinum, palladium |
| With the global auto industry also expected to stabilise and recover over the coming 12-18 months, demand for the PGMs continue to remain solid. We expect this solid demand to lead to a strong price r.... |
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| Gold bars in short supply during festive season |
| Gold sales are in complete contradiction to the dull market seen last year. This despite the fact that told prices have made a steep hike from Rs 12,200 to Rs 16,200 per 10 gm and this could remain mu.... |
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| Can China Survive the 'The Hummer Syndrome'? |
| Sadly, the road the Chinese are embarking on is already well mapped. When GM bought Hummer, gas at the American pump was hanging out around $1. By the time GM shares peaked in 2000, it had increased 7.... |
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| China discovers large gold mine in Qinghai |
| China’s Bureau of Geology and Mineral Resources (BGMR) announced the discovery of fresh gold findings in country’s Northwest Qinghai Province..... |
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| Who is afraid of high prices of gold? |
| The wedding season is here and people do not compromise on buying gold. After fluctuating since late last year, the price of gold has been hovering around Rs 15,000 per 10 gm for the last couple of mo.... |
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| 507.55 carat white diamond mined in S Africa |
| At 507 carats (just over 100 gm) the diamond, which is yet to be named, is considered to be among the top 20 largest high quality rough diamonds ever found worldwide and ranks alongside other illustri.... |
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| Rising prices keep Indians away from gold shops |
| Because of the rise in prices, jewellers are having a tough time selling gold necklaces, biscuits or bars. The yellow metal has risen nearly 20% in the last one year to Rs15,595 per 10 gm, up from Rs1.... |
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| Is the gold rush over? |
| In Mumbai in India, standard gold plunged by Rs 245 before closing at Rs 15,595 per 10 gm on Friday. The fall was the biggest since May 18 this year, when the yellow metal was hammered by Rs 385. Simi.... |
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| Silver, PGMs to beat gold soon |
| BMO Research expects gold to do well in longer term, with a considerable upside risk and a possible gold price of well over $1,300/oz under our ‘bull case’ scenario. The yellow metal will .... |
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| Platinum turns bullish on Swiss data |
| The August Swiss PGM import/export data, released yesterday, was the first bullish customs report for platinum in more than eight months. The data shows that physical demand may be recovering, which s.... |
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| Mobian Lithium project:GlobeStar reports progress |
| GlobeStar has been actively exploring the pegmatite swarm in the vicinity of the Moblan Lithium Project during the past nine years and in 2008 earned a 60% interest in SOQUEM's mineral claims which ho.... |
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| India’s gold imports rise by 300% in August |
| The import of the precious metal was 7.8 tonnes in July this year. According to analysts, people are probably waiting for prices to come down from the Rs 15,000 per 10 gm level, with reports suggestin.... |
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