Today's new Gold Demand Trends from the World Gold Council show interesting data about gold demand in China. China is now 10 years into opening up its gold market - half as long as India. But since nabbing the No.2 spot in terms of private demand in 2005, it's only grown hungrier for gold bullion, despite becoming the world's No.1 mining-producer nation, too.
In March 2010, we predicted that gold demand in China would double by 2020, however, we believe that this doubling may in fact be achieved sooner. Increasing prosperity in the world's most populous country coupled with their high affinity for gold will serve to drive demand in the long-term.
The World Bank has approved an amount of $23.5 million biodiversity grant and loan for India on Thursday.
Check out the photos of Relate to the Matter as I Drop the Bomb exhibition in Dubai featuring Obama, Iran's President Mahmoud Ahmadinejad and Osama bin Laden as The Father, The Son and The Holy Ghost.
Ford Motor Company India will invest $72 million in expanding its diesel engine production capacity by over 30% in India within next one year, the carmaker said in a statement.
Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.
Seven policemen were killed in a landmine blast by the suspected ultra-leftist rebels (Maoists) in the eastern state of Chattisgarh on Wednesday.
India's Planning Commission deputy chairman Montek Singh Ahluwalia said Wednesday that he was not putting forward his name for the top IMF job.
The race is on to choose the successor of Dominique Strauss-Kahn as the head of International Monetary Fund (IMF) as pressure mounted on the international agency to force him to resign after his arrest on sex assault charges.
Pakistan security forces have arrested a senior al-Qaeda official in Karachi on Tuesday, suggesting that Islamabad may finally get serious about cracking down on terrorists operating within her borders, two weeks after the spectacular killing of Osama bin Laden by US commando forces.
Dominique Strauss-Kahn has been arrested by US authorities for rape allegations. There is a very good chance he won’t be returning as the head of the IMF.
The Prime Minister of Pakistan has hailed China as his country’s “best friend” amidst deteriorating relations with the United States.
Vodafone, the world's largest mobile operator by revenue, surprised investors with an upbeat outlook for 2012 on Tuesday after posting resilient results driven by customers upgrading to smartphones.
The International Monetary Fund announced it will not be reimbursing Dominique Strauss-Kahn for a luxury hotel suite where he allegedly sexually assaulted a chambermaid
Gold Bullion prices were little changed below $1500 per ounce on Tuesday morning, but fell for non-US investors as the Dollar eased back on the currency market and European equity markets cut their earlier losses.
Toyota Kirloskar Motor Pvt. Ltd said that it will resume normal production from May 20, a fortnight ahead of schedule after the troubled car maker had decided to cut its production by 70 percent in the wake of parts shortage arising out of the March 11 earthquake and tsunami in Japan, the company said in a statement today.
You’re competing against young people in Beijing and Mumbai. Those kids are hungry, they’re working hard and you’ll need to be prepared for it, president Barack Obama said to U.S. high school graduates.
Vodafone, the world's largest mobile operator by revenue, issued a bullish outlook for 2012 on Tuesday after posting resilient full-year results boosted by customers upgrading to smartphones.
Information technology mingling with medicine is nothing new nowadays. However, every time something happens in this regard, it captures the imagination of all. The latest in this string of events is an iPod Touch in the hands of a few surgeons in India.
Ameneh Bahrami was once a beautiful Iranian woman. Now, even after 17 surgeries, she is still completely blind and disfigured with rivulets of skin running down her cheeks.
The stock market performance of major stock indices in 2011 may shock you. One of the best-performing markets is the US. That’s right – the lumbering, deficit ridden, and low-growth giant.
On this day in 1861, the first engine in Pakistan chugged out of Karachi to an astonished crowd.
