INDIA

Oil near to 2-yr high on cold, risk appetite

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Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and no signals from OPEC it was prepared to arrest the rally.

Oil near to 2-year high on cold, risk appetite

IBTimes Logo
Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and no signals from OPEC it was prepared to arrest the rally.
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Oil climbs to 2-year high on frigid weather, rising

Oil rallied to its highest price in more than two years on Friday, supported by unusually frigid weather that has fueled demand, depleted supplies and stoked inflationary worries from South Korea to India.
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Commodity stocks rise on growth view, oil climbs

Resources-linked stocks rose and oil climbed toward the $91 per dollar mark for the first time in more than two years after latest U.S. data offered yet another sign that the world's biggest economy is on the mend.
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Gold Bullion Flows to China Jump as New Year 2011 Draws Near

A senior bullion logistics executive in Switzerland yesterday told BullionVault that shipments of Gold Bullion to China are running much higher – and have begun much earlier – to meet consumer demand for the Chinese New Year, which will start on 3rd Feb. 2011.

What IHS predicts for global economy in 2011

Contrary to the prevailing view, the U.S. economy will gain growth momentum in the year ahead, while GDP will grow stronger in Europe and Japan, research firm IHS Global Insight has said in its forecast for 2011.
 Toyota Motor to recall 51,000 Tundra trucks

Toyota Motor aims 7.7 mln vehicle sales in 2011

Toyota Motor Corp on Tuesday said that it expects to sell 7.7 million vehicles worldwide next year, up 3 percent from 2010, by tapping emerging markets Asian markets, such as China and India.
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Rio Tinto near deal on $3.8 billion Riversdale bid: sources

Anglo-Australian miner Rio Tinto is finalizing a $3.8 billion takeover bid for Africa-focused Riversdale , according to two sources, upping an earlier offer as it seeks to gain key coking coal supplies amid soaring demand from India and China.
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Ernst & Young sued by NY for fraud over Lehman

New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
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New York sues Ernst & Young, alleges Lehman fraud

New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
 Again Google sued, “Street View” running over privacy

Google, Yahoo hiring in India

Internet search engine Google Inc is hiring people to fill over 70 vacant positions in India in different areas to meet its business requirements.
Nissan’s new sedan Sunny to hit Indian roads

Nissan's new sedan Sunny to hit Indian roads

Nissan Motor Co on Monday unveiled the all-new Global sedan model 'Sunny' at the 8th China (Guangzhou) International Automobile Exhibition. The model will be launched in China in January 2011 followed by India in the second-half of the next year and progressively across 170 countries.
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Gold Coin Buying & rising ETF Demand boost Gold price

The world's largest exchange traded gold fund - the New York, Tokyo, Hong Kong and Singapore-listed SPDR Gold Trust - added 15 tonnes to its holdings on Friday, the largest one-day addition since the height of the Greek deficit crisis in May.
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DoCoMo to bring mobile TV to Indian market: report

Japanese carrier NTT DoCoMo Inc <9437.T> plans to transfer television broadcast technology for cellular phones to Indian partner Tata Teleservices with an eye to launching mobile phone TV service in the South Asian country in 2014, the Nikkei reported.

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