Gold to see a downward correction

Comex gold futures ended lower on Friday on profit-taking after bullion's appeal as an inflation hedge was dampened by a surprising drop in US unemployment rate to a four-year low.

Hindu Business Line | October 7, 2012 | 3:54 pm

Gold trade hub sparkles as customers turn jewellery into hard cash

Jewellers at Mumbai's Zaveri Bazaar have never had it so good.

Hindu Business Line | June 9, 2012 | 4:43 pm

Gold futures may consolidate, rise higher

Comex gold futures ended higher on Friday its biggest one-day rise in more than three years, as a surprisingly weak US payrolls report added to fears about a global economic slowdown and fuelled t...

Hindu Business Line | June 3, 2012 | 3:16 pm

Gold looks vulnerable as demand falters

The big debate in circles last week was not whether there was a case for additional quantitative easing but whether there will be further quantitative easing by the US Federal Reserve.

Hindu Business Line | April 1, 2012 | 4:27 pm

CBEC defends duty on gold jewellery, but traders adamant on strike

The (CBEC) has clarified that going by the current value of gold, the effective would amount to just Rs 90/10 gram. Also, small artisans who design and create jewellery for goldsmiths will not have to face the hassle of registration for duty payment....

Hindu Business Line | March 18, 2012 | 5:00 pm

Tata Steel Canada arm inks deal for rail transportation of iron ore

Tata Steel Minerals Canada (TSMC), the 80 per cent subsidiary of Tata Steel in Canada, has entered into a “life of mine” rail transportation contract with Quebec North Shore and Labrador Railway Company (QNS&L), a subsidiary of Iron Ore Company of Canada.

Hindu Business Line | February 5, 2012 | 4:31 pm

Coal India will switch to new pricing mechanism from Jan

The Coal India Ltd headquarters at Kolkata. (file photo) – A. Roy Chowdhury Co says gross calorific value-based system to be ‘revenue neutral' Coal India Ltd is believed to be gearing up to introduce the internationally-accepted gross calorific...

Hindu Business Line | December 25, 2011 | 1:10 pm

Investors have moved from ‘walking to jogging’ in commodities space

Has the spiralling increase in the price of gold and silver lured the common man to look at investing or trading in the commodities market?

Hindu Business Line | November 20, 2011 | 5:38 pm

Coal India net surges 73% on higher interest income

Coal India Ltd (CIL) posted a 73 per cent rise in net profit to Rs 2,593 crore in the July-September quarter compared with the same period last year, riding primarily on higher interest income from Rs 45,000 crore of cash reserve.

Hindu Business Line | November 12, 2011 | 8:37 pm

Railways chokes on coal short supply

Coal Ministry mandarins recently summoned senior officials of State-owned coal companies and reportedly urged them to pull up their socks or face consequences. The reason: a large number of power houses in the country are critically short of coal and...

Hindu Business Line | October 23, 2011 | 4:18 pm

Steel consumers want govt to intervene to ease iron ore supply

Steel consumer industry has urged the Government to intervene and save the downstream steel consuming industry by arranging regular supply of iron ore to the steel plants which has been hit in the wake of recent Supreme Court order. The HR coil consumers

Hindu Business Line | October 2, 2011 | 1:26 pm

ACC to replace 5 pct coal requisite with waste in 3 yrs

Cement—major ACC has embarked upon an ambitious project for substituting 5 per cent of its annual coal requirement of about five million tonnes over the next three years with waste generated by cities and industries. The company, which saved Rs 47

Hindu Business Line | October 2, 2011 | 11:23 am

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