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Siddhartha Basu, who heads Big Synergy Television Production Company, said that the fourth season of most popular show ''Kaun Banega Crorepati'', to be hosted by Bollywood megastar Amitabh Bachchan will not have an eye on TRPs.

Putting media conjecture to rest, on July 7 Sony Television made announcement that the fourth version of the runaway hit show was on, with Big B as host.

Crude oil ended higher amid cautious hopes about global economic recovery. Oil market fundamentals remain positive with demand for crude barrels intensifying as refiners ramp up throughput to meet peak summer demand. China imported a record amount of crude oil in June probably in order to take advantage of a plunge in international crude oil prices since early May that was triggered by Greece's sovereign debt woes and concerns over global economic recovery. Now support for the crude is seen at 3540 and below could see a test of 3524. Resistance is now likely to be seen at 3566, a move above could see prices testing 3576.

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Silver rose along with gold prices. Bargain hunting and short covering boosted the metals. Silver gained ground this week to close back above the 28800 price point, though the metal remains a 10-week range trade between 28000 and 30200. The relative outperformance in silver did nothing to violate the uptrend support in the gold/silver ratio. Daily support for the ratio now holds at 66.35 and looks set to pressure longer term gold outperformance. Now support for the silver is seen at 28860 and below could see a test of 28821. Resistance is now likely to be seen at 28929, a move above could see prices testing 28959.

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Ace Bollywood actor Dharmendra has announced that he wanted to say bye to his political career.

The actor said, "I came into politics, it felt that I almost choked myself and felt I was emotionally dragged into this. I never wanted to."

"The day I said yes I banged my head into the mirror and thought why I said yes," he added.

Dharmendra, who is the father of Sunny & Bobby Deol, was a member of the 14th Lok Sabha from 2004 to 2009 on a Bharatiya Janata Party (BJP) ticket.

Gold ended positive as investors repurchased previously sold positions seeking to capitalize on the metal's recent pullback to what some saw as bargain levels. Gold registered another down week, but only by a slim margin. With a doji on the weekly candlestick, the market may have now finished testing the downside in gold, suggesting that 18250 will continue to hold strong support on a weekly closing basis. Weekly support looks to take at 18000, should continue to keep the upwards pressure on the metal well entrenched. Now support for the gold MCX is seen at 18402 and below could see a test of 18389. Resistance is now likely to be seen at 18423, a move above could see prices testing 18431.