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Crude oil ended higher amid a potential storm threat in the Gulf of Mexico.

Silver jumped as optimistic sentiment gleaned from the day's corporate earnings and economic data points boosted industrial commodities. Silver opened the day slightly lower at 28777 dipping to its intraday low 28625. Rallies in base metals and crude, on improved earnings forecasts, saw Silver trade to its intraday high of 29120. Following gold, silver settled into quiet range trading for the remainder of the session eventually closing at 29022. Now support for the silver is seen at 28725 and below could see a test of 28427. Resistance is now likely to be seen at 29220, a move above could see prices testing 29417.

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Technology giant Wipro Ltd has registered net profit worth Rs 13.19 billion for the three month period ended June 30, 2010.

This showed an increase of 31% year-on-year (YoY) in the company's net profit.

In a declaration, the IT bellwether stated that its total revenue during the quarter first quarter (Q1) increased by 16.6% YoY to Rs 72.36 billion.

Under the International Financial Reporting Standards (IFRS), Wipro's net income for the first quarter stood at $284 million and total revenue $1.56 billion.

Gold ended down but most of its losses recovered amid a weaker dollar as traders looked ahead to the r

India has introduced a Rs 1,500 (around $30) laptop computer, which is designed specifically for pupils.

After unveiling the low cost-access-cum computing device, Human Resource Development Minister Kapil Sibal said, "If more companies decide to manufacture a similar device, prices will come down automatically."

Mr. Sibal said that the low cost laptop would be made available to pupils by the coming year (2011).

New Delhi, July 23 - Bollywood stars made their presence felt at Manav Gangwani's show at the ongoing Pearls Infrastructure Delhi Couture Week(PI-DCW) here Thursday with Dia Mirza, Riteish Deshmukh, Aftab Shivdasani, Jacqueline Fernandez, Soha Ali Khan, Kunal Kemu and Zayad Khan coming in to cheer their designer friend.

This time at the PI-DCW, celebrities seem to be choosing front seats and not the ramp to make their presence felt - making sure that due attention goes to the designer.