India's gold demand slumped 29 percent in the year's first quarter, falling far behind China which is now the world's leading bullion market, the World Gold Council said Thursday.
As per the organization's report, the country's gold consumption in volume declined to 207.6 tonnes in the first quarter, as compared to that of 291.8 tonnes at the same period the previous year. India's gold jewellery market reported a drop at 19 percent to 152 tonnes, while investment demand dipped 46 percent down...May 17, 2012
Indian global IT services and consulting company Wipro Limited announced on Monday that it has signed an agreement to acquire Australian analytics company Promax Applications Group (PAG) for Rs 1920 millionMay 1, 2012
After the Boeing Co. has rolled out its 787 Dreamliner in South Carolina assembly plant on Friday the manufacture company has to deliver the first four of Air India's 27 order of the aircraft mid this year.Apr 28, 2012
The BSE Sensex fell for a second session in a row on Thursday, as the investors get cautious after the rating agency Standard & Poor's cut India's outlook to negative from stable on Wednesday.Apr 26, 2012
Gold demand in India remained low after the country's gold bullion traders and jewelers ended their 20-day nationwide strike on Friday, but the gold entrepreneurs remained confident consumer interest on the precious safe haven yellow metal will pick up as the annual wedding season in the country begins.Apr 10, 2012
The BSE Sensex fell by 0.45 percent in the opening trade on Wednesday because of the long weekend ahead. Traders are precautious, as the market will be closed on Thursday and Friday for holidays.Apr 4, 2012
The BSE Sensex was up by 0.68 percent on Tuesday, its highest close in two weeks. Heavy Electricals (BHEL) gained after posting positive provisional earnings and lenders also expect the Reserve Bank of India (RBI) to cut rate this month.Apr 3, 2012