Return of US dollar, end of gold run

Mark Twain once said that a gold miner is a liar standing next to a hole dug up in the ground. The time has come for financial market participants to stop looking at the world through the prism of a goldbug.

05/16/13
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India receives $69 bn in remittances; tops global list

Washington -- India received $69 billion remittance in 2012, the highest in the world, followed by China with $60 billion and the Philippines $24 billion, World Bank data showed.

04/22/13
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India Economic Survey 2013: GDP growth pegged at 6.1-6.7%

New Delhi, Feb 27 -- Pushing for reforms and tangible action on removing bottlenecks to investment and job creation, India's Economic Survey for 2012-13 pegs the country's growth at 6.1-6.7 percent next fiscal, with inflation easing soon to 6.2-6.6 percent.

02/27/13
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Indo-US Trade in merchandise goods crosses US $ 62 billion in 2012

Mumbai, February 15, 2013 – Trade and commerce form a crucial component of the rapidly expanding and multi-faceted relations between India and the United States.

02/15/13
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Better deal in offing for property buyers in India

By Vinod Behl

An order by anti-trust regulator Competition Commission of India (CCI) against realty major DLF, amending its agreement with apartment buyers of three different projects and making it more equitable and fair, may well pave the way for a model pact for property sales to ensure fair play in transactions.

02/03/13
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India raises import duty on gold, platinum by 50 percent

New Delhi, Jan 21 -- The Indian government Monday hiked the import duty on gold and platinum to six percent from four percent with immediate effect, in a bid to control the ballooning current account deficit. It also decided to link the gold Exchange Traded Fund (ETF) with the gold deposit scheme offered by banks.

01/21/13
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Import of gold, silver gets cheaper in India

New Delhi --  On January 1, The government announced reduction in tariff on import of gold and silver that may provide some relief to the buyers of the precious metals as prices remain volatile in the international markets.

01/02/13
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2012 in Retrospect: Indian stocks third best performers globally

Mumbai, Dec 31 -- After a dismal show a year ago, the Indian stock market emerged as the third best performer globally in 2012, with a return of over 25 percent for a key index on the back of $24 billion foreign fund inflows and robust buying by domestic investors.

12/31/12
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Delhi-Based Entrepreneur Sharik Currimbhoy Pledges $12.12 Million to NY’s Columbia University

NEW YORK — Columbia University has announced that Delhi-based entrepreneur Sharik Currimbhoy has pledged a generous gift of $12.12 million. 

12/31/12
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8 Indians among world’s best performing CEOs

Washington -- Eight Indian CEOs have made it to Harvard Business Review's (HBR) list of 100 best performing global chief executives headed for the last 17 years by the late Steve Jobs of Apple.

12/27/12
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