Gold and silver prices gained nearly 3 percent on Monday after a roller-coaster session that opened with a gut-wrenching dive in silver to its lowest in 2-1/2 years before an abrupt midday turnaround. ... More » Silver and gold lurch higher after early dive

The U.S. Federal Reserve could continue full-speed ahead on its bond-buying program through the summer, but end it abruptly in the autumn if by then it is confident that the improvement in the jobs outlook ... More » Fed could end bond buys in autumn if jobs outlook sure - Evans

New Delhi, May 20 (IANS) The Cellular Operators Association of India (COAI) Monday said that cell phone towers in the city were not illegal and that radiation from them doesn't affect health adversely. ... More » 'Mobile towers not illegal, don't affect health'

Hyderabad, May 20 (IANS) An all-party meeting here Monday decided that Andhra Pradesh government will seek review/clarification from the Supreme Court on its orders about the Babli project neighbouring ... More » Andhra to seek revision of SC order on Babli

Bangalore, May 20 (IANS) Karnataka's apex industry body Bangalore Chamber of Commerce & Industry (BCIC) has drawn an action plan to revive the state's sagging economy with a strategy on kick-starting the ... More » Bangalore chamber draws action plan to revive Karnataka economy

Bangalore, May 20 (IANS) Indian IT bellwether Infosys Ltd Monday said it would appeal against the notice of the income tax department demanding Rs.577 crore as outstanding dues for fiscal 2008-09. "We ... More » Infosys to appeal against tax demand

New Delhi, May 20 (IANS) The National Green Tribunal (NGT) Monday ordered the demolition of all unauthorised structures on the flood plains and river beds of Yamuna and Hindon rivers in Haryana, Delhi ... More » Illegal structures on Yamuna, Hindon banks to be demolished

The Reserve Bank of India said on Monday it has cut the time that exporters have to bring back into the country the value of goods or software they have exported to nine months from 12. It said its new ... More » RBI cuts time for exporters to repatriate earnings

By Sumeet Chatterjee REUTERS - Standard Chartered has agreed to buy the Indian wealth management unit of Morgan Stanley , helping the British bank expand its private banking business in Asia's third-largest ... More » StanChart to buy Morgan Stanley India wealth management arm

Gurgaon, May 20 (IANS) Residents of the posh DLF City here Monday staged a noisy protest against the developer, saying the area was getting very little water despite the scorching heat. People from DLF ... More » Now posh residents protest lack of water

Gurgaon, May 20 (IANS) Vehicles used by companies in Gurgaon to ferry female employees will have to be equipped with GPS within a month. District Magistrate P.C. Meena Monday made the Global Positioning ... More » GPS mandatory for Gurgaon company vehicles

Shimla, May 20 (IANS) Himachal Pradesh Chief Minister Virbhadra Singh Monday inaugurated a bridge near the Auckland tunnel here, which was constructed at a cost of Rs.2.52 crore under the Jawaharlal Nehru ... More » Virbhadra opens new bridge in Shimla

New Delhi, May 20 (IANS) India and China should focus on trading in their own currencies, the rupee and renminbi, instead of the US dollar, as this would help reduce risk and cut exchange costs, Reliance ... More » India, China should trade in their own currencies: Anil Ambani