As per the most recent data from TRAI - Telecom Regulatory Authority of India - mobile operators in India added an all-time high of 15.87 million subscribers in March, largely because of spreading out of mobile networks in smaller towns and rural areas. The record marks a step ahead of the February subscriber-addition figures of 13.82 million, and the January figures of 15.41 million.

U. S. crude oil futures settled higher on Tuesday lifted by a bounce on Wall Street and amid volatility associated with the expiration of the May crude contract at the close. Crude rose after falling more than $2 earlier as uncertainty about a quick economic recovery and bank stability that pressured global equities pushed oil lower.

Natural Gas fell very sharply due to milder weather and expectation of built in inventory.

South Korea, the world's fifth-largest crude oil buyer, imported 61.82 million barrels of crude or 1.99 million barrels per day (bpd) in March, down from

Base metals witnessed sharp gap down opening on MCX as fall in equities market on Monday triggered selling in non ferrous metals, later during the evening session speech by U. S. Treasury Secretary reduced anxiety amongst traders.

Gold prices faced resistance at psychological level of $900/Oz. Gold prices fell relinquishing early gains as global share prices arrested theirdecline and overshadowed credit jitters that had previously heightened bullion's appeal.

The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, said holdings remained unchanged at 1,105.98 tonnes as of April 21 after investor outflows early this week reached their biggest since early September.

Holdings hit a record 1,127.68 tonnes on April 9. Recovery in physical buying by India, the world's largest importer, with MMTC Ltd saying it would import

BGR Energy, engineering equipment supplier, has announced that it has secured a deal worth Rs 15.5 crore.

The scope of the order includes design, engineering, supply, erection and commissioning of large `Total Water System` from Maithon Power, Jharkhand.

The water system would be established in a coal-based power plant being developed by Maithon Power Ltd, a joint venture company of Tata Power and Damodar Valley Corporation.

The company said that the order is to be completed by March 2010.  

Honda Siel Cars India has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB), for financing their cars across India.

Under the arrangement, the lender will offer car loan up to 90% of "on road cost", for tenure ranging up to 7 years at very competitive rates. The facility will be available at all the branches of Punjab National Bank and 103 facilities of Honda Siel Cars India.