Tag: mumbai

IPL Cricket Organizers Move Semifinals After Bangalore Blasts

Filed in Gold Holdings by on April 18, 2010 0 Comments

The Indian Premier Leaguesemifinals have been moved to Mumbai from Bangalore followingyesterday’s explosions at the Chinnaswamy Stadium, organizers ofthe cricket competition said in a e-mailed statement. The Chinnaswamy Stadium had been scheduled to IPL Cricket Organizers Move Semifinals After Bangalore Blasts

Continue Reading »

Uncertainty in India-US ties

Filed in economy, Gold by on April 15, 2010 0 Comments

US Treasury Secretary Timothy Geithner thrilled corporate audiences in Mumbai by showering praise on the performance of India’s economy and referring to the growing interest of corporate America in the ‘prospects’ for cooperation and investment in India. Earlier, in his State of the Union address, US President Barack Obama had proclaimed: “These nations (India and Germany) are not playing for second place. They are placing more emphasis on Math and Science. They are rebuilding their infrastructure.” In the same speech, however, he reiterated his aversion to outsourcing to India, stating: “It is time to finally slash the tax breaks for… Original Article: Forum: News/Activism

Continue Reading »

Zignals Trading Strategies That Work; March 12th

Filed in Gold, Gold Investing, Gold Prices by on March 12, 2010 0 Comments
Zignals Trading Strategies That Work; March 12th

With the SPY able to nick a breakout (although the parent index failed to crack above 1,150 interestingly enough) the SPX ETF was able to follow the lead of its siblings, IWM (Small Caps) and QQQQ (Tech). The end result was another good day for long a href=”http://www.zignals.com/main/trading_strategies/market_trading_strategies.aspx”trading strategy/a signals. We will see today which of the SPY breakout or SPX resistance is telling the truth.br /br /a href=”http://www.zignals.com/main/Applications/Chart/?param=VlczNzQz?end”img width=”100%” src=”http://www.zignals.com/UsersImages/bb0ff5fc-88cd-4b57-ac1f-5989fa0587d6.jpg” alt=”Zignals Chart Image” title=”Click to open in Zignals Chart Analyzer” //abr /br /span class=”fullpost”bASX Oak /bbr /Short Exit at Stop for CSL (Sydney) at AU$36.22br /Short Exit at Trailing Stop for OSH (Sydney) at AU$5.70br /br /bASX Price x 20-day MA/b br /Long Confirmation Entry for ALL (Sydney) at AU$4.49br /Long Unacted Entry for TLS (Sydney) at AU$3.03: Entry signal given, but exited position on same stock too recently (7) days ago.br /br /bDeveloping a Strategy/bbr /Long Confirmation Entry for WMT (NYSE) at $53.75br /Long Confirmation Entry for IBM (NYSE) at $126.0br /br /bETFs Oak/bbr /Short Exit at Stop for QLD (NYSE) at $63.13br /br /bForex High Winners/bbr /Long Confirmation Entry for EURUSD (FX) at 1.3630br /br /bFrankfurt High Winners/bbr /New Long Target and Stop for MTX (Frankfurt) at €41.09: Target €45.41, Stop €39.22br /Long Exit at Trailing Stop for PRAF (Frankfurt) at €6.40br /br /bIndia Oak/bbr /Short Confirmation Entry for RNRL (Mumbai) at INR64.13br /Short Entry for PGRID (Mumbai) at INR109.6br /br /bIndian High Winners /bbr /Long Confirmation Entry for CAIRN (Mumbai) at INR264.5br /br /bIndian Strength/b br /Long Exit at Trailing Stop for MCDL (Mumbai) at INR1380.0br /br /bMA Crossover/b br /New Long Target and Stop for C (NYSE) at $4.17: Target $4.60, Stop $3.85br /br /bMy First Subscribed Strategy /bbr /Long Confirmation Entry for WMT (NYSE) at $53.75br /br /bUK High Winners/b br /Long Entry for AIP (London) …

Continue Reading »

India, Pakistan hold first talks since attacks

Filed in Gold by on February 26, 2010 0 Comments

ndia and Pakistan held their first formal talks in 14 months yesterday, seeking to put their volatile relationship back on track after it was derailed by the devastating 2008 Mumbai attacks. Indian Foreign Secretary Nirupama Rao and her Pakistani counterpart Salman Bashir met for three hours in New Delhi for talks that offered little hope of a breakthrough, but carried vital importance for regional peace and stability. Arguments over the agenda and a brief exchange of fire between Indian and Pakistani border guards before the meeting augured badly for major progress, with the probable best-case scenario an agreement to keep… Original Article: Forum: News/Activism

Continue Reading »

Indias MTNL posts $193 mln net loss in Dec qtr

Filed in Gold Investing by on January 30, 2010 0 Comments

NEW DELHI, Jan 30 – India’s Mahanagar Telephone Nigam Ltd reported a quarterly net loss as staff costs rose and revenue fell. The state-run firm, which operates in the New Delhi and Mumbai cities, said on Saturday it posted a net loss of 8.95 bill Indias MTNL posts $193 mln net loss in Dec qtr

Continue Reading »

SpiceJet Shares Advance Most in One Month After Posting Profit

Filed in Gold Investing by on January 22, 2010 0 Comments

SpiceJet Ltd., an Indian low-fareairline that counts billionaire Wilbur Ross among its investors,gained the most in more than a month in Mumbai after posting aprofit. The shares gained as much as 14 percent to 60.60 rupees andchanged hands at 58.55 SpiceJet Shares Advance Most in One Month After Posting Profit

Continue Reading »

Expat corporates pin their hopes on India

Filed in Gold, Gold Bullion prices by on January 2, 2010 0 Comments

BANGALORE/NEW DELHI/MUMBAI: David Wittenberg would rather have his children study at international schools in India than anywhere else. “The schools here are better than in my home country,” he says. Wittenberg runs The Innovation Workgroup, a consultancy that teaches best practices of successfulglobal corporations to Indian firms out of New Delhi. It’s a view Karl Slym would love to agree with. The head of India operations at automaker GM thanks his good fortune that he was in India during the recession. Even when his parent company in the US filed for bankruptcy, the Indian operations survived and actually did well…. Original Article: Forum: News/Activism

Continue Reading »

Man Accused of Aiding Mumbai Attacks Pleads Innocent (Correct)

Filed in Gold Holdings by on December 9, 2009 0 Comments

David Coleman Headley, the Chicagoman accused by the U.S. government of helping plot last year’sterrorist attacks in Mumbai, pleaded not guilty to those chargesand other allegations before a federal judge. Headley entered his plea today before Judge Man Accused of Aiding Mumbai Attacks Pleads Innocent (Correct)

Continue Reading »

Mumbai attacks: timeline of 2008 assault on India’s commercial capital

Filed in Gold Bullion prices by on November 26, 2009 0 Comments

On the anniversary of the Mumbai attacks we trace how the siege of the Indian city unfolded. Planning: The attacks were planned up to a year in advance. A number of terrorists were trained by the group Lashkar-e-Taiba in Pakistan from which ten were chosen. The attacks were financed through Italian bank accounts and the group used internet telephones based in New Jersey and Austria. Reconnaissance: Sabahuddin Ahmed and Fahim Ansari were arrested in Rampur, India, in February 2008 carrying hand-drawn maps of targets in Mumbai, including the Taj hotel and Chhatrapati Shivaji railway station. Similar maps were later recovered… Original Article: Forum: News/Activism

Continue Reading »

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

Continue Reading »

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

Filed in Dollar Strength, economy, Gold Bullion prices, 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, 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

Continue Reading »

Sensex ruling firm, up 202 points (Third Lead)

Filed in Dollar Strength, economy, 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

Continue Reading »