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Gold futures fall on global cues

Gold futures fall on global cuesNew Delhi: Tracking a weak global trend, gold prices fell by Rs 142 to Rs 28,070 per 10 grams in futures market today as speculators offloaded their positions.

At the Multi Commodity Exchange, gold for delivery in October fell by Rs 142, or 0.50 per cent, to Rs 28,070 per 10 grams in a business turnover of 359 lots.

Similarly, the yellow metal for delivery in December lost Rs 125, or 0.44 per cent, to Rs 28,113 per 10 grams in 19 lots.


Pakistan has reneged on the Simla Agreement: MEA

Syed-AkbaruddinNew Delhi, Aug 20 : The Ministry of External Affairs said on Wednesday that Pakistan has reneged on the Simla Agreement of July 1972.

MEA spokesman told media here, "After the signing of the Simla Agreement, there are only two stakeholders in the issue of Jammu and Kashmir - the Union of India and the Islamic Republic of Pakistan. This principle is the bedrock of our bilateral relations."


I always believe in following my dreams, says Aamir Khan

Aamir-KhanNew Delhi, Aug 20 : Aamir Khan has admitted that he always believes in following his dreams.

Speaking at the Young Inspirator's seminar, the 'Dhoom 3' star said, "I think each one of us finds our own path. So what is important to me, which I would like to share with you, is that I always believe in following my dreams".

I am very passionate about whatever I do, whether it's my work or any sport, hanging out with friends, whether it's having argument, or laughing about something," he added.

Khan is currently busy promoting his upcoming movie 'PK'. (ANI)


TRAI paper on broadband next month; WhatsApp, skype etc in queue

TRAI paper on broadband next month; WhatsApp, skype etc in queueNew Delhi - The telecom regulator TRAI will invite views of public on issues related to roll out of broadband in the country by end of next month.

The Telecom Regulatory Authority of India is also planning to issue a consultation paper to discuss regulatory framework around Over-the-top (OTT) players like WhatsApp, Skype, Viber, WeChat etc.


IB Ministry suspends CBFC CEO

Prakash-Javadekar_New Delhi, Aug 20  : The Ministry of information and Broadcasting has suspended the chief executive officer of the Central Board of Film Certification, Rakesh Kumar , who was arrested on Tuesday for allegedly accepting a bribe.

Speaking to ANI exclusively, Prakash Javadekar, Minister for Information and Broadcasting, said corruption will not be tolerated, and hence, Kumar has been suspended.


Zydus Cadila gets USFDA approval for anti-viral drug Acyclovir

Zydus Cadila gets USFDA approval for anti-viral drug AcyclovirNew Delhi - Pharmaceutical major Zydus Cadila has received final approval from United States Food & Drug Administration (USFDA) for marketing of anti-viral drug Acyclovir.

"Zydus Cadila has received the final approval from the USFDA to market Acyclovir tablets," the company said in a statement issued here today.

The approval has been granted for Acyclovir tablets in strengths of 400 mg and 800 mg, Zydus Cadila said.


Diesel price hiked by Rs 1.78 per litre

Diesel price hiked by Rs 1.78 per litreNew Delhi, Aug 19 - The Ministry of Petroleum and Natural Gas has decided to increase the price of high speed diesel by Rs. 1.78 per litre after reviewing international prices of crude oil and petroleum products during the first fortnight of August.

The hike in diesel prices is effective from August 16.

In the case of kerosene and domestic LPG, the under recoveries for the second fortnight of August continues to be Rs 32.98 per litre and Rs 447.87 per cylinder respectively.


PM invites ideas from people on new plan body

PM invites ideas from people on new plan body New Delhi - Taking a step further towards scrapping the Planning Commission, Prime Minister Narendra Modi Tuesday invited ideas from the people on the new institution to replace the plan body.

The government also announced creation of a special open forum on the website mygov. Nic. In for suggestions on the new institution.

"We envision the proposed Institution as one that caters to the aspirations of 21st century India and strengthens participation of the States.... Let the ideas flow," the Prime Minister said in a statement.


Gold a shade higher in futures trade on global cues

Gold a shade higher in futures trade on global cuesNew Delhi - Gold prices rose 0.06 percent to Rs 28,311 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in October moved up by Rs 17, or 0.06 percent, to Rs 28,311 per 10 grams in a business turnover of 265 lots.

Similarly, the yellow metal for delivery in far-month December traded higher by Rs 18, or 0.06 percent, to Rs 28,356 per 10 grams in 8 lots.


Uncertainty over Indo-Pak trade talks

Uncertainty over Indo-Pak trade talksNew Delhi : With India calling off Foreign Secretary level talks with Pakistan, uncertainty now looms large over resumption of trade dialogue between the two countries.

Bilateral trade talks were suspended last year following escalation in violence along the Line of Control

India Inc termed the development as "unfortunate" and asked both the countries to take forward the normalisation process of trade relations.

"It is very unfortunate. Normalisation of trade relations between the countries must continue," Assocham Secretary General D S Rawat said.


Samsung is No. 1 smartphone maker in India: IDC

Samsung is No. 1 smartphone maker in India: IDCNew Delhi : India, the fastest growing smartphone market in Asia Pacific, is witnessing a weaker pace of growth at 84 percent year-on-year compared to the triple digit expansion seen in the first quarter this year.

During the April-June quarter, smartphone shipment in the world's second most populous market grew 84 percent to 18.42 million units from 10.02 million units (in April-June 2013 quarter), research firm IDC said.

Compared to this, sales had zoomed 186 percent in January-March 2014 to 17.59 million units compared to sales in the same quarter of the previous year.


Leander Paes drops out of top 10 in latest rankings

Leander-PaesNew Delhi: Veteran star Leander Paes dropped out of top-10 after losing a place in the doubles ranking, while Rohan Bopanna slid to 29 following a steep loss of eight places in the new chart issued on Monday.

Paes, who lost in the second round of the Cincinnati Masters with partner Radek Stepanek, is now placed 11th and continues to be India`s top-ranked player.

Paes and Bopanna are the only top-30 players from the country in the world rankings while left-handed Divij Sharan, who is unchanged this week, is the next best at 111.


Bankers order forensic audit of Bhushan Steel

Bhushan-SteelNew Delhi: Cracking the whip on cash-starved Bhushan Steel, a consortium of bankers Monday ordered a forensic audit into the books of account of the company and asked its promoters to infuse more capital to ensure that it remains solvent.

The decision was taken at a lenders meeting Monday to take a stock of the situation following the arrest of Bhushan Steel Vice Chairman and Managing Director Neeraj Singal by the CBI in an alleged cash for loan scam involving Syndicate Bank Chairman S K Jain.


Prime Minister Modi to inaugurate four-laning of Kaithal highway tomorrow

Narendra-ModiNew Delhi, Aug 18 : Prime Minister Narendra Modi will inaugurate the four-laning of the over 160-kilometer-long national highway from Kaithal to the Haryana-Rajasthan border at Kaithal tomorrow.

This road will pass through Kalayat, Narwana, Barwala, Hisar and Siwani towns. The project shall benefit the people of four districts in terms of improved living standarda, safe connectivity and economic prosperity, an official press statement said.

Twenty-three underpasses and over 20-kilometer-long service roads are proposed in the project near villages which shall ensure the safety of the pedestrian and the people residing off the highway.


HDFC Bank opens branch in Dubai

HDFC-BankNew Delhi: Expanding its global footprint, HDFC Bank has opened a branch in Dubai to provide wealth management services to large Indian diaspora in the Gulf city.

This is the bank's third overseas branch after Bahrain and Hong Kong, the bank said in a statement.

In the United Arab Emirates, the second largest private lender has representative offices in Dubai and Abu Dhabi, and plans to continue running both of them, it said.

"The new branch at Dubai International Finance Centre (DIFC) will offer advisory services to NRIs regarding treasury products, trade finance, loans and other related services," it said.


Bipasha Basu attends Umang Festival in Mumbai

Bipasha-Basu-at-Umang-FestivalNew Delhi, Aug 18 : Bipasha Basu was recently spotted promoting her upcoming movie 'Creature 3D' at the Umang Festival in Mumbai.

The 35-year old actress looked fresh in a pink layered Nikasha dress.

Basu was seen interacting with her fans about her movie ' Creature 3D '.

The Umang festival is proving to be a popular platform for film promotions as earlier, Shraddha Kapoor and Shahid Kapoor also went to the same festival to promote their upcoming film 'Haider'. (ANI)


Market expert predicts Sensex will cross 28000 by Diwali

BSE-SensexNew Delhi, Aug 18 : Market expert Akash Jindal has predicted that the Bombay Stock Exchange's Sensex will cross 28000 points by Diwali and 30000 points by the New Year.

Talking to ANI, Jindal said, "Because of the Modi Government, investors are looking at India with a lot of confidence, whether domestic or international investors, FIIs or FDIs. Some factors which are essential have gone up - car sales have gone up in the last three months and job recruitments have also increased."


Gold futures fall on weak global cues, profit-booking

GoldNew Delhi: Gold prices fell 0.82 percent to Rs 28,420 per 10 grams in futures trade today amid a weak trend overseas and profit-booking by speculators.

At the Multi Commodity Exchange, gold for delivery in December fell by Rs 236, or 0.82 percent, to Rs 28,420 per 10 grams in a business turnover of 14 lots.

Likewise, the metal for delivery in October shed Rs 224, or 0.78 percent, to Rs 28,390 per 10 grams in 537 lots.

Analysts said besides profit-booking by speculators, a weak trend in the overseas markets as the outlook for an improving US economy outweighed tension in Ukraine, weighed on gold prices at futures trade here.


ISKCON temple all set for Janmashtami celebration

ISKCON temple all set for Janmashtami celebrationNew Delhi, Aug. 18 -  The International Society for Krishna Consciousness ( ISKCON) temple is all set for celebrating Janmashtami, the birthday of Lord Krishna in an astounding manner.

In the temple, 'Mangal Aarti' ended at around 4.30 in the morning, followed by the 'Sringar' of Lord Krishna.


Prime Minister Modi greets nation on Janmashtami

Nare-ModiNew Delhi, Aug 17 : Prime Minister Narendra Modi today greeted the nation on the auspicious occasion of Janmashtami.

In a tweet, Prime Minister Modi said, "Greetings on Janmashtami! May Lord Krishna bless our lives with peace, prosperity and happiness."

Lord Krishna is said to have been born at midnight on the ashtami or the 8th day of the Krishnapaksha or dark fortnight in the Hindu month of Shravan (August-September). This auspicious day is called Janmashtami. (ANI)


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