Commodity Outlook for Crude Oil by KediaCommodity

Crude OilCrude oil prices ended higher after the government data showed a bigger than expected draw down in crude inventories. The Energy Information Administration reported a decline of 5.1 million barrels in US crude inventories in the week ended July 9. U.S. oil refining capacity fell for the first time since 2003 as the weak economy reduced demand for gasoline, diesel fuel and other petroleum products, the Energy Information Administration said. Now support for the crude is seen at 3588 and below could see a test of 3553. Resistance is now likely to be seen at 3649, a move above could see prices testing 3675.

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Commodity Outlook for Silver by KediaCommodity

SilverSilver edged higher on some positive industrial sentiment that outweighed the lack of safe-haven demand on a quiet day for U.S. equities. Silver opened the day at 29031 on dollar resilience, before it slipped to a low of 28962. The metal later mounted a response, receiving a confidence boost from avaricious funds that entered the metal on improving gold and base metals, sending it to a high of 28229. The commodity was depleted closing at 29135.Now support for the silver is seen at 28965 and below could see a test of 28795. Resistance is now likely to be seen at 29302, a move above could see prices testing 29469.

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Commodity Outlook for Gold by KediaCommodity

GoldGold fell as equities and currency markets were stable, leaving little demand for gold as a rainy-day asset. Gold opened at 18430, as the dollar recuperated after being subdued the previous day. After substandard retail sales dampened investor sentiment, the metal retorted to a high of 18505 as the greenback lost its luster. The risk-taking was short-lived however, as the dollar recovered, sending gold a low of 18335, before it mustered a close of 18383.Now support for the gold MCX is seen at 18310 and below could see a test of 18238. Resistance is now likely to be seen at 18480, a move above could see prices testing 18578.

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Fashion forward for Bollywood with 'Aisha'

AishaNew Delhi, July 15 : Remember the Hollywood movies where you drool as much over the clothes and styling as over the plot? Now comes an Indian movie that promises to give glimpses of high street fashion in India and set a benchmark for Bollywood.

The film "Aisha" will see actress Sonam Kapoor embrace dresses that are soft and flowery, including a nude tulle flowery one with a bow and small pearls.

The woman behind this pretty wardrobe is Dubai-based designer Ayesha Depala.

Ruia Group may acquire European auto-component company

Ruia Group may acquire European auto-component companyKolkata, July 15 - The Ruia Group, known for its buying spree, could acquire a European auto component company soon, chairman Pawan Kumar Ruia said.

"We are trying to close a deal very soon in one of the auto component companies in Europe. In Europe, a lot of companies are up for sale. We are working on some projects," Ruia told IANS in an interview here.

Tumors may shrink if patients get bigger, nicer home

Tumors may shrink if patients get bigger, nicer homeU. S. researchers have found that having a bigger, nicer, more interesting home and more friends is linked to shrinking tumors in mice.

They enriched the study animals' usual housing, which involved living in groups of five or so, having all the food they wanted and playing all day, by increasing living groups to 15 or 20 and providing more space, toys, hiding places and running wheels, Matthew During and colleagues at Ohio State University in Columbus have said.

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