Gold zooms

Mumbai, Jan 29: Gold prices crossed the Rs 12,000 mark in Calcutta and set new peak levels in the country’s other major bullion markets on a fresh wave of buying by jewellers amid strong global cues. The precious metal in Calcutta bullion rose Rs 20 to set a new record of Rs 12,015 per 10 gram.

SBI merger

New Delhi, Jan 29: The Union cabinet is expected to take up next week the proposal for the merger of State Bank of Saurashtra with its parent body, the State Bank of India. “We should first see how the bank handles staff and branch rationalisation. Once we have a successful merger, the bank can proceed with the rest,” said officials.

apmc act

Calcutta, Jan 29: Industry body Ficci has sought changes in the Agriculture Produce Marketing Committee (apmc) act for entry of private companies in farm-marketing.