New Delhi, Jan. 30: Gold prices zoomed past all previous records to set a new peak at Rs 14,715 per 10 gram in Calcutta on brisk buying by stockists sparked by a firming overseas trend. The current upsurge in gold has surpassed the previous record high on January 27. Global gold prices had increased $18.13 to $926.78 an ounce at that time.
Tokyo, Jan. 30: Daiichi Sankyo, the owner of Ranbaxy Laboratories, has forecast a net loss of 316 billion yen (about Rs 3,537 crore) for the financial year ending March 2009, primarily because of charges related to the buyout of the Indian firm.
Mumbai, Jan. 30: The Reserve Bank of India has come out with draft guidelines allowing purchases of up to Rs 50,000 through pre-paid instruments such as smart cards, mobile purse and paper vouchers by banks and other entities. The apex bank has invited comments from the public by February 10.
New Delhi, Jan. 30: The government has cleared 12 foreign direct investment proposals worth Rs 751.58 crore, including those of Wire and Wireless (India) Ltd and Secunderabad-based Amritjal Venture. Cable operator Wire and Wireless India will invest Rs 450 crore for issuing partly paid-up equity shares.
New Delhi, Jan. 30: ONGC will get back two deep-water oil blocks in Nigeria that were snapped from the Indian firm by the Nigerian government and awarded to a Korean company.
New Delhi, Jan. 30: The Centre has decided to cut the minimum export price of onion for the first time in three months by $60 to an average $320-325 a tonne for February as domestic supply improved with late kharif crop arrivals.
Mumbai, Jan. 30: Commodity bourse National Commodities and Derivatives Exchange has filed a writ petition against the Forward Markets Commission for not allowing a reduction in the levy of transaction charges.
