China's aluminum smelters have been slow to cut production despite rising production costs and falling prices for the metal, challenging expectations that Chinese production cuts will put a floor under prices in the immediate term. Aluminium has touched a low of Rs 91 a kg after opening at Rs 91, and last traded at Rs91.15.For today market is looking for the support at 91, a break below could see a test of 90.9 and where as resistance is now likely to be seen at 91.2, a move above could see prices testing 91.3.
Aluminium trading range is 90.9-91.3.
China aluminum makers maintain output despite falling margins
Taiwanese smartphone maker, HTC has launched a new thinner and sleeker smartphone called, the HTC Rhyme in New York aiming to improve sales in the US market.
The HTC Rhyme smartphone features a 3.7-inch screen and will be powered by Google' Android software. HTC said in a statement that the device will come with several complementary accessories such as a docking station, sports armband and tangle-free headphones. It will come in a unibody design in a total of three colors.
London, Apr. 10 : A Pakistani student, who was mistaken for an al-Qaeda suspect and taken into a custody briefly on Thursday in northern England, has recounted the horror of being arrested.
Peshawar-based Muhammad Adi, 27, is in his final year of an MBA at Liverpool's John Moores University.
Adil told The Guardian that he spent most of Thursday in the library working on a dissertation that he has to submit by April 30.
He agreed to meet a friend because he owed him 100 pounds. They were sitting on benches outside the building eating peanuts and talking when the anti-terror officers arrived.
New Delhi, Apr 14 : A day after Pakistan demanded more proof on the Mumbai terror attacks, India responded by saying Pakistan must demonstrate sincerity by taking tangible action in the case.
Speaking to the media here on Tuesday, Minister of State for External Affairs Anand Sharma said India had supplied enough evidence to Pakistan regarding the investigations of the 26/11 terror attacks.
After being chosen as the Brand Ambassador of the NGO `AHEAD' which works for the development of the physically challenged people, Boman has already taken a positive step towards their betterment. Inspite of his hectic schedule the humble actor was present as the Guest of Honor on Sunday the 8th at Bandra's Manik Sabha Griha for the play `The Melody of Love'. An actor par excellence Boman feels, " I am disable looking at the strength and determination of the physically challenged people.
London, June 25 : Heather Mills may have been thinking of her former husband Sir Paul McCartney while updating her Twitter page about relationships on the Beatle’s birthday.
The former model, 41, was said to have posted the tweets on the morning of June 18, the artist’s 67th birthday.
“When a man gives his opinion, he’s a man. When a woman gives her opinion, she’s a bitch!!!!” The Daily Express quoted her as saying.
She added: “All discarded lovers should be given a second chance but with someone else.”
GlaxoSmithKline Plc (GSK.L) will share over 800 of its patents with researchers trying to make new medicines for tropical diseases, including malaria, and HIV/Aids.
The world's second-largest drug manufacturer also said that it will lessen the price of its drugs in poor nations from next week.
GlaxoSmithKline declared the moves on Tuesday during its annual corporate responsibility report, following a promise by Chief Executive Andrew Witty in an address at Harvard in February 2009 to do more to aid the developing world.
Srinagar, July 29 : Coming down heavily upon the People''s Democratic Party (PDP) for creating a ruckus in the Jammu and Kashmir Assembly, Union Minister for Non-Renewable Sources of Energy Farooq Abdullah on Wednesday said the PDP does not want any development in the State.
"The PDP just wants to create chaos. They don''t want any development for Kashmir and do not want to see the people prosper. First they attacked the Speaker and yesterday they took on the Chief Minister, this shows their intention," Abdullah said.
Silver jumped nearly 1% and settled at 54483 bouncing from a key support level at 53500 level as investors remained focused on Spain's struggle with it finances and frail banking sector. Spanish government bond yields surged to a six-month high on deepening fears over the country's banking sector, and Italian bond yields broke above the 6 percent danger level. Investors remained worried about Spain, even after the European Union offered it more time to reduce its budget deficit and direct aid to recapitalise distressed banks.
London, May 26 : Britain''s Got Talent’s unique finding Susan Boyle has said that her advancement to the show''s final was ‘totally unexpected’.
During the semi-finals, Boyle performed Memory from the musical Cats during the semi-finals.
"I''m feeling really good because it was a totally unexpected result," the Telegraph quoted Boyle as saying in an interview with the ITV website.
Berlin - An extremely rare Austrian postage stamp showing the face of the Dalai Lama is to be auctioned in the German city of Dusseldorf this week, the auctioneers said Tuesday.
The Austrian post office designed the stamp to mark the 70th birthday of the Tibetan leader in 2005, but the stamp did not go into large-scale production.
"There were only a few test prints made by hand, because a new colour was being tested," a spokesman for the Austrian post office told Deutsche Presse-Agentur dpa.
Auctioneers Felzmann maintain there are only 30 versions of the stamp in existence.
London, Sept 11 : Twilight star Robert Pattinson has been named as the favourite celeb teacher students would like to have.
Pattinson, 23, bagged 38 per cent of votes in the poll, which saw the participation of 700 students, reports the Daily Star.
The hunk, famous as vampire Edward Cullen in Twilight, was favoured for teaching English.
TV star Holly Willoughby was ranked closely behind Pattinson.
The 28-year-old Holly, 28, got 25 per cent of the votes.
Dublin - After 22 hours of negotiations, the Irish government said Wednesday it had managed to agree a 6-per-cent pay increase with workers for the next 21 months.
The deal would be paid in two phases following an initial pay freeze, a statement from Prime Minister Brian Cowen's office said.
Private-sector workers would receive a 3.5-per-cent rise for six months, then 3.5 per cent for the following year after an initial three-month freeze.
Public sector workers' wages would be frozen for 11 months, then they would receive 3.5 per cent for nine months and 2.5 per cent for the final month, the statement said.
- Essar Oil to sign $1 billion financing co-operation deal with CDB
- ONGC may sell stakes in deep-water blocks to Shell
- Huge scope for improving Indian shale gas estimates: ONGC
- HPCL Visakha refinery suffers major fire due to short circuit
- No refills for multiple cooking gas connection holders from June 1