INDIA

UK, eurozone see rebound in manufacturing activity

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Manufacturing in the eurozone expanded in November at its fastest pace in four months, boosted by strong activity in France and Germany, while manufacturing production in the U.K. touched a 16-year high, according to a survey.

GM India post 17.67 pct jump in Nov sales

GM India post 17.67 percent jump in Nov sales
General Motors India on Wednesday said its sales climbed 17.67 per cent to 8,376 units in November this year compared to 7,118 units during the same month year ago.
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General Motors India Crosses 100,000 units mark

General Motors India Crosses 100,000 units mark

General Motors India said announced it has crossed 100,000 unit of sales in Indian market and this is the first time it has crossed this mark in a calendar year since its inception in India.
Manmohan Singh

Indian economy growth exceeds expectations

The Indian economy outpaced growth expectations in the third quarter to grow more than in the second quarter, boosted by stronger manufacturing growth and construction, according to data released by the government.
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Gold Price: From Diwali to the New Year in China

Surging demand from China, the world's second-largest gold buyer, is changing seasonal patterns in Gold Price trends for investors everywhere. At this current pace, private Chinese demand may overtake India's by 2014 (if not sooner).
India's Prime Minister Manmohan Singh attends the Indian labor conference in New Delhi November 23, 2010

Indian PM not guilty of inaction in 2G scam, Atty. Gen. tells apex court

Indian Prime Minister Manmohan Singh is not guilty of inaction but was misguided by the Law Ministry and the bureaucrats and hence delayed in filing replies to the complaints of an opposition lawmaker who sought sanction to prosecute 2G spectrum scam accused Andimuthu Raja, the Attorney General of India has submitted before the Supreme Court.
Precious metals and USD index as on November 24

PRECIOUS ROUNDUP- Silver set to be best performer in November

The week to November 24 was marked by tensions in Korean peninsula that prompted investors to flee from risky assets to safer avenues like US dollar and gold, helping the yellow metal outshine its colleagues in the precious group. However, silver and palladium remained strong in the month, mainly helped by demand for cheaper alternatives in jewelry and industrial applications.
World leader's reaction to Wikileaks

Wikileaks: China to Germany, US diplomacy smacks of quid-pro-quo dealings

The year 2010 was not good for Google in China and the hacking was, indeed, part of a sabotage attempt carried out with help from the government quarters, reveal the classified U.S. documents released by Wikileaks on Sunday. China to Germany, US diplomacy generally smacks of quid-pro-quo dealings, as ever.
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Did Turkey help al-Qaeda in Iraq? Wikileaks' release may have answer

According to the London-based daily al-Hayat, the WikiLeaks release includes documents showing Turkey has helped al-Qaeda in Iraq, So far, the countries making rounds in news and on Twitter which may figure in Wikileaks' release include the United Kingdom, Canada, Australia, Denmark, Norway, Israel, Iraq, India, China, Turkey, Russia and Iceland.
Crude in recent years

CRUDE OIL- Strategy more fundamental than technical

Performance of the US dollar, Europe's periphery issues, inflation in developing world, consumption by developed ones, and of late, tensions in Korean peninsula- a lot of things are weighing on oil. The net result in recent weeks was positive for the greenback and therefore negative for oil. Still, the commodity is set to end this week with a positive note despite losing more than a dollar from its intra-week high by Friday. So, what is the trend? Where is oil heading?
China says climate talks must tackle rich CO2 cuts

EU to ban industrial gas credits

The European Commission announced plans on Thursday to ban trading credits related to certain industrial gases from its Emissions Trading System (ETS) starting from 2013.
Rolex awards young laureates in Switzerland.

Rolex awards young laureates in Switzerland

In a ceremony held at the prestigious Ecole Fédérale Polytechnique de Lausanne in Switzerland on October 11, watch-brand Rolex awarded five young entrepreneurs, aged between 18 and 30 years, the first Rolex Awards for Enterprise: Young Laureates Programme.

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