Zinc settled flat at 112.50 as favorable and unfavorable news was intertwined last week. The US announced that its industrial output grew at the fastest pace in recent two years in November, and capacity utilization rate continued rising. Finance ministers of the EU agreed to issue EUR 34.3 billion to Greece and sent the euro increasing rapidly, which provided strong support to the financial markets. Moreover, the US consumer prices dropped for the first time in six months in November. Nevertheless, the Eurostat reported that the number of employed persons fell by 0.2% in 3Q quarter-on-quarter and dropped 0.7% on a yearly basis.
Srinagar, Kashmir - At least 39 people were killed and 14 injured Wednesday when a bus skidded off a mountain road and fell into a river in India's northern state of Jammu and Kashmir, police said.
The accident occurred when the driver of the bus lost control while taking a sharp turn on the road at Pul Doda in Doda district, about
180 kilometres north-east of the state's winter capital, Jammu.
The bus fell 90 metres into the Neeru Nullah, a tributary of the Chenab River, an official at the police control room in Jammu said.
Washington, Sep 24 : Red Hot Chili Peppers, KISS, and ABBA have been nominated for the Rock and Roll Hall of Fame.
For the ''Californication'' hitmakers and rapper LL Cool J, this is the first year of eligibility, as artists can be inducted 25 years after their debut release for contending the honour.
"It''s a real honour to be nominated in our first year of eligibility. Obviously the Hall of Fame has excellent musical taste," Contactmusic quoted Red Hot Chili Peppers drummer Chad Smith as saying.
Kabul - A female Canadian soldier serving with NATO forces was killed and four others were wounded by a roadside bomb in the volatile southern region, officials said Tuesday. Trooper Karine Blais was killed and four of her comrades were wounded when their armoured vehicle was blown up in Shah Walikot district of southern Kandahar province on Monday afternoon, the Canadian defence ministry said in a statement.
Johannesburg- South Africa's Nationwide Airline on Tuesday said it would cease operations over cash-flow problems cause partly by an incident late last year that resulted in all its aircraft being grounded in November.
"Our cash flow has become critical and as a result (we) have decided to voluntarily cease all flight operations until further notice," Nationwide's chief executive Vernon Bricknell said in a statement.
The airline made headlines in November when the engine of one of its Boeing 737-200s fell from the aircraft during take-off from Cape Town international airport.
Soyabean yesterday we have seen that market has moved 1.59% tracking a rally in the U.S. market on an estimated drop in grains output and on thin supply of soybeans in local spot markets. Early reports from a major crop tour indicated that soybeans in South Dakota were smaller than expected and had fewer pods then average. The trade is expecting good/excellent crop condition ratings to rise 1 percent in this afternoons report. The forecast this week calls for a chance of showers in parts of the US Midwest but accumulation is expected to be light and cover only 20-30% of the growing region.
Colombo - Three of five doctors accused of spreading Tamil rebel propaganda about civilian casualties during the army's final offensive against the separatists in May were released Monday on bail in Sri Lanka, court officials said.
The doctors were captured after they fled rebel-held areas in north-eastern Sri Lanka a few days before the army defeated the Liberation Tigers of Tamil Eelam (LTTE). They were interrogated and charged with spreading false information.
Last night saw Indian Premiere League starting with Kolkata Knight Riders taking on last year's champions, Deccan Chargers. It was but expected for the 1st day of the event to be filled with well known faces of the country, be it from business tycoons and politicians to Bollywood stars and other socialites.
Mumbai, June 8 : Reliance Securities Limited, a part of Reliance Capital, Wednesday launched an investor awareness programme (IAP) that will cover over 150,000 investors across the country within fiscal 2011-12, a company official said.
Justin Rego at ET Canada Festival Central-Spotlight Awards & Official Afterparty-2010 Toronto International Film FestivalSubmitted by Kiran Pahwa on Fri, 09/17/2010 - 03:56.
Tehran - The conservatives lead in the second round of Iran's parliamentary elections and are likely to expand their absolute majority in the country's legislative body, state media reported Saturday.
Due to low voter turnout of around 25 per cent, the final elections results are expected to be announced sooner than Sunday.
The conservatives had secured 60 per cent of the 290 seats in the first round of elections on March 14.
Conservatives also dominate the politically important Tehran constituency, where only one of the 30 seats is expected to go to labour party leader Ali-Reza Mahjoub. (dpa)
Gandhi Jayanthi Day or Oct 2 will see implementation of anti-smoking law in public places. The law prohibits smoking in public places. The law has been made to save people from adverse effects of second-hand smoking. Violators of the law will be fined Rs 200.