Gold EFT

Forbes India Rich List 2009

Filed in Debt, Dollar Strength, Gold Bullion prices, Gold EFT, Gold ETF by on November 19, 2009 0 Comments

more images THE FORBES ‘India Rich List 2009′ has been out today. Mukesh Ambani has once again emerged as the wealthiest person in India with a net worth of $32 billion. This year India Rich List has almost doubled to 52, due to rebound in the stock markets. London based Lakshmi N Mittal is placed second with

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ICRA forms joint venture in Nepal

Filed in Debt, Dollar Strength, economy, Gold Bullion prices, Gold EFT, Gold ETF by on November 16, 2009 0 Comments

KOLKATA – Credit rating agency ICRA Monday signed a pact with Himalayan Infrastructure Fund Ltd of Nepal to set up a joint venture to replicate its rating businesses in that country, the company said. “The view that a credit rating agency must be integral to the reforms process has gained foothold in Nepal. We see our

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ICRA forms joint venture in Nepal

KOLKATA – Credit rating agency ICRA Monday signed a pact with Himalayan Infrastructure Fund Ltd of Nepal to set up a joint venture to replicate its rating businesses in that country, the company said. “The view that a credit rating agency must be integral to the reforms process has gained foothold in Nepal. We see our

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Sensex crosses 17,000 points, Nifty breaches 5,000-mark (Fourth Lead)

Filed in Dollar Strength, economy, Gold Demand, Gold EFT by on November 16, 2009 0 Comments

MUMBAI – Buoyed by the positive weekend numbers on industrial output and cues from the government on its divestment plans, a key index of Indian equities markets Monday rose 163 points to close above the 17,000-mark. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,893.11 points against Friday’s close at 16,848.83

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Italian economy grows for first time in over a year

Filed in Debt, economy, Gold Bullion prices, Gold EFT by on November 16, 2009 0 Comments

Rome, Nov 16 (IANS/AKI) Italy exited recession in the third quarter of the year when its gross domestic product rose 0.6 percent, according to a preliminary estimate released by the central statistics agency ISTAT. It was the first time the Italian economy grew in more than a year. The economic expansion between July and September followed

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Italian economy grows for first time in over a year

Filed in Dollar Strength, economy, Gold Bullion prices, Gold EFT by on November 16, 2009 0 Comments

Rome, Nov 16 (IANS/AKI) Italy exited recession in the third quarter of the year when its gross domestic product rose 0.6 percent, according to a preliminary estimate released by the central statistics agency ISTAT. It was the first time the Italian economy grew in more than a year. The economic expansion between July and September followed

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Sensex ruling firm, up 202 points (Third Lead)

Filed in Dollar Strength, economy, Gold EFT, Gold ETF by on November 16, 2009 0 Comments

MUMBAI – Buoyed by the positive weekend numbers on industrial output and cues from the government on its divestment plans, Indian equities continued to trade firm Monday afternoon, with a key index ruling 201.89 points above its previous close. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,893.11 points, against Friday’s

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Two years after, Smart City foundation stone gathers moss

Filed in Dollar Strength, economy, Gold EFT, Gold ETF by on November 16, 2009 0 Comments

KOCHI – Two years after the foundation stone for the Smart City IT park was laid here, the ambitious project is yet to see any progress, thanks to the unresolved issues between the government and the developer. The government signed an agreement with Smart City Dubai to develop the Rs.1,500-crore project and operate it. Chief

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Michelin to invest Rs.4,000 cr near Chennai

Filed in economy, Gold Bullion prices, Gold EFT by on November 16, 2009 0 Comments

CHENNAI – French tyre major Michelin has signed an agreement with the Tamil Nadu government to set up a manufacturing facility on an investment of Rs.4,000 crore spread over seven years. The plant, to be set up by Michelin India Tamil Nadu Tyres Ltd, will come up on 290 acres at the Gummudipoondi industrial estate near

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Dakotas may see record sunflower yields despite late, wet harvest; boost supply for US, Canada

Filed in Gold Bullion prices, Gold Demand, Gold EFT by on November 16, 2009 0 Comments

Dakotas might see record sunflower yields BISMARCK, N.D. — Sunflower crops could set records in the nation’s top two producing states this year, helping to blunt a drop in nationwide production and ensure a healthy supply for processors in the United States and Canada. The good year for growers in North Dakota and South Dakota in turn

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Sensex 191 points up early afternoon (Second Lead)

Filed in Debt, economy, Gold Bullion prices, Gold Demand, Gold EFT, Gold ETF by on November 16, 2009 0 Comments

MUMBAI – Buoyed by the positive weekend numbers on industrial output and cues from the government on its divestment plans, Indian equities continued to trade in the green Monday afternoon, with a key index ruling 191.24 points above its previous close. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,893.11

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Supply of some commodities still a problem: Cabinet secretary

NEW DELHI – Cabinet secretary K.M. Chandrasekhar Monday said supply constraints of some commodities still existed and the price situation would ease as soon as the supply improved. “There are supply constraints in some commodities globally as well as in India. We have removed import duties on most of those goods and the situation is improving,”

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