Gold prices touched another high on Tuesday, when they crossed Rs 19,000/10 gms in Delhi and Mumbai bullion markets.
Prices of the yellow metal had crossed the 19k mark in Delhi earlier, but it is a first for Mumbai. Internationally too, gold prices touched an all time high of $1,254.3/ounce before slipping back a bit.

The government’s decision to make 25 per cent public shareholding mandatory for all companies could cap the upside of the stock market, say brokers.

Warning that a nexus between builders and politicians was behind high real estate prices, HDFC chairman, Mr Deepak Parekh, on Monday asked the government to break it and make it easier for the common

The global markets were spooked by the Hungarian debt crisis and the slowdown in the US economy reflected in its unemployment figures.

Governments seem to have replaced large banks as the primary source of economic turmoil in the last year.

Mumbai’s bookies expect to make huge profits in the FIFA World Cup which begins this weekend, estimating that business might touch Rs 400-500 crores.
A bonus, they feel, is that the match timings will help Indian viewers.

In what would seem totally out of place in the time of Twitter and Facebook, a community in chief minister Ashok Chavan’s hometown of Nanded has decided to do away with television sets from June 14. On Sunday, some members of the community smashed 50 television sets in Nanded as a precursor of things to come.

Senior BJP leaders L.K. Advani, Arun Jaitley, Gopinath Munde and Rajnath Singh chose to skip the BJP convention held at Utan, near Mumbai. This was the first major event in Maharashtra after Mr Nitin Gadkari took over as party chief and the absence of most senior leaders brings into the forefront the massive friction and infighting that

Shareholders of the Reliance ADAG have already benefitted from the “peace dividend” over the past fortnight. Stock prices of group companies such as Reliance Infrastructure, Reliance Power and Reliance Natural Resources Ltd (RNRL) have gone up from 12-26 per cent. Could the truce between the two groups also see a change in fortune for Reliance Industries?

Indications from various sources are mixed about the possible outcome of the much awaited meeting of the empowered group of ministers (EGoM) led by finance minister, Mr Pranab Mukherjee on Monday.