Metals

  • Coal scam: CBI files 19th FIR, names Mumbai company Topworth Urja May 9, 2014

    Mumbai: The Central Bureau of Investigation (CBI) on Friday filed its 19th FIR in the coal scam case. The FIR was filed against a Mumbai and Nagpur-based company, Topworth Urja and Metals Ltd. The case was registered against its directors and other unknown people. The FIR is an outcome of a...
  • Three people killed, another injured in wall collapse May 3, 2014

    Three persons, including two labourers, were killed and another injured when the wall of a iron pipe factory collapsed due to a storm here, police said on Saturday. The incident took place in Fortune Metal Ltd factory premises in Siltara industrial area last night, Urla City Superintendent of Police (CSP) Rajendra...
  • Scrap metal dealer finds one of the eight missing Faberge imperial eggs worth millions at a flea market March 20, 2014

    London: There is good luck, outrageous good fortune - and now there is the case of the scrap metal dealer who found one of the eight missing Faberge imperial eggs at a flea market in the American Midwest. A London antique dealer said Wednesday that that the scrap metal entrepreneur bought...
  • New Zealand man gets 99-character name after losing drunken bet March 13, 2014

    Melbourne: A 22-year-old man in New Zealand has changed his name to a 99-character tongue twister after he lost a drunken bet in a poker game. The man from Dunedin is now officially known as 'Full Metal Havok More Sexy N Intelligent Than Spock And All The Superheroes Combined With...
  • Mumbai: AAP breaks metal detectors, RR Patil says matter to be probed March 12, 2014

    There was chaos at the Churchgate station in Mumbai on Wednesday after Aam Aadmi Party chief Arvind Kejriwal decided to take the local train. AAP supporters have reportedly damaged metal detectors at the Churchgate station. State Home Minister RR Patil said, "Every party and party leader should make sure that...
  • AAI plans to install full-body scanners at 2 airports in India December 1, 2013

    Mumbai: The national airports operator Airports Authority of India (AAI) will soon install millimeter-wave technology-based full-body scanners at two non-metro airports on a trial basis, sources have said. So far, none of the 125 AAI-run and five privately-operated airports have such a crucial security equipment. "We have received two full-body scanners...
  • DMRC gears up for Trade fair beginning November 19 November 15, 2013

    The Delhi Metro Rail Corporation has taken a host of measures to facilitate commuters visiting the India International Trade Fair from next week, including additional token counters and trains to meet the rush. To review the special arrangements, DMRC Managing Director Mangu Singh on Friday inspected the Pragati Maidan Metro station. He...
  • China to overtake India as No.1 gold consumer November 14, 2013

    Singapore: China is this year set to usurp India as the world's biggest gold consumer by a convincing margin as strict import rules introduced by New Delhi bite, forecasts from the World Gold Council showed on Thursday. The industry body cut its outlook for Indian demand in 2013 to around 900...
  • India hikes import duty on gold jewellery to 15 per cent September 17, 2013

    India on Tuesday hiked the import duty on gold jewellery to 15 per cent in a bid to protect domestic industry and curb the precious metal's imports, a key reason for the country's high trade and current account deficits. "Import duty on gold imports is increased to 15 per cent from...
  • Gold prices drop to near one-month low; demand sluggish September 12, 2013

    Mumbai: Gold prices in India fell to their lowest in nearly one month on Thursday, tracking overseas markets, but spot demand was subdued as jewellers hugged the sidelines hoping for prices to drop further. At 1345 IST, the benchmark October contract on the Multi Commodity Exchange (MCX) was 1.36 per cent...
  • Goa, the new destination for smuggled gold? August 26, 2013

    Drugs may not be the only contraband to find favour in Goa now. A rising pan-India trend of gold smuggling and sudden seizures of the yellow metal in Goa, otherwise a narcotics haven, has forced customs authorities in the state to step up vigil not only at the lone airport, but...
  • Two women arrested for trying to smuggle gold worth Rs 26.4 lakh August 18, 2013

    In separate cases, two female foreigners have been arrested from the international airport in Mumbai for allegedly trying to smuggle in 987.48 grams of gold valued at Rs 26.4 lakh from Iran and Sri Lanka, a senior Customs official said on Saturday. The duo -- Farahnaz Gholamhossein Dahmardeh Ghalehnoo of...
  • Gold scales to eight-month high at Rs 31,525 August 17, 2013

    New Delhi: Gold prices took another jump of Rs 515 to scale an eight-month high of Rs 31,525 per ten gram here on Saturday on sustained buying by stockists and investors. After its biggest single day rise in two years on Friday, the precious metal advanced to a level last...
  • New steel import norms will dent capacity utilisation, say experts August 13, 2013

    The recent government notification to ease steel import norms will not only increase inward shipment of the metal, but also add to woes of domestic firms battling demand slowdown, industry experts said on Monday. The industry called for an urgent review of the decision, saying the quality of domestic steel...
  • Gold prices drop to near three-year low on US data June 26, 2013

    Singapore: Gold fell to its lowest in nearly three years on Wednesday, pressured by strong US economic data that boosted stock markets and supported the US Federal Reserve's plan to scale back its monetary easing measures in the next few months. Bullion, now down for a seventh session out of eight,...
  • Watch: 'Iron Maiden' live performance in London June 19, 2013

    'Iron Maiden' an English heavy metal band formed in Leyton, played to a packed venue filled with die hard fans in London. ...
  • Gold up Rs 415 as rupee slumps to new lows June 11, 2013

    New Delhi: Both the precious metals, gold and silver, on Tuesday surged on stockists buying as weak rupee raised concerns of increase in import costs. While gold spurted by Rs 415 to Rs 28,515 per 10 grams, silver surged by Rs 905 to Rs 44,690 per kg on rising demand...
  • Nokia Lumia 925 appears on the Nokia India website May 26, 2013

    New Delhi: Nokia is planning to bring its metal-clad Lumia 925 to India. The phone has made an appearance on the Nokia India website and is listed as coming soon. There's no word on when exactly the phone will be available in India, however, or how much it will cost....
  • India's steel demand to grow 7-8 pc in 2013: SAIL April 28, 2013

    New Delhi: Country's largest steel maker SAIL has said it expects the domestic demand for the metal to grow by 7-8 per cent in 2013, although prices may hover at the current level. "If you see the demand for the first four months of the current calendar year, year-on-year basis...
  • Gold extends gains, up 0.25 pc on global cues April 23, 2013

    New Delhi: Tracking a firming trend overseas as investors increased physical purchases, gold prices rose by 0.25 per cent to Rs 26,429 per 10 gram in futures trading on Tuesday. Besides covering-up of short positions by speculators fearing further rise, firm demand in the domestic spot markets also influenced gold prices....
  • Gold prices in India seen recovering after massive fall April 16, 2013

    Mumbai: Gold futures in India, which hit the lowest level in more than 18 months on Tuesday, may stage a recovery as key technical indicators point to the yellow metal entering oversold territory, according to analysts. Gold in India, the world's biggest buyer of the metal, has shed 21 per...
  • Gold slides further, hits weakest level in over 2 years April 16, 2013

    Singapore: Gold plunged to a more than two-year low on Tuesday, extending a brutal sell-off that is likely to persist amid fears over central bank sales and global growth, while investors frustrated by the metal's lacklustre performance dumped their holdings. Bullion posted its biggest ever daily drop in dollar terms...
  • Drop in gold prices: Why is the yellow metal losing its sheen? April 15, 2013

    Gold prices have slipped in the past six months and the near-term outlook is bearish. Why is the yellow metal losing its sheen and is it time to dump the metal from your portfolio? ...
  • Gold continues to lose, falls 3 pc for March quarter March 28, 2013

    Mumbai: Indian gold futures continued their losing streak on Thursday due to a sligthly firmer rupee, with the yellow metal on track for a 3 per cent losses for the March quarter. The actively-traded gold for April delivery on the Multi Commodity Exchange was 84 rupees lower at Rs 29,548 per...
  • India's gold buying seen reviving in April March 21, 2013

    Mumbai: Physical buyers shied away from the gold market as prices hovered above $1,600 an ounce, waiting for the boost from the Cyprus crisis to fade and pull prices lower. Demand from India, the world's biggest gold consumer, languished before next week's Holi festival, a period considered inauspicious for gold...
  • Gold price falls to its lowest level in two weeks December 19, 2012

    Mumbai: Gold importers in India, the world's biggest buyer of the metal, continued picking up bargains for weddings as a stronger rupee weighed on the yellow metal, extending losses to the lowest level in nearly two weeks. The wedding season will continue till early January and gold is an important gift...
  • TN: Work begins on metallic fuel reactor at Kalpakkam November 12, 2012

    Chennai: Initial steps for the construction of another fast-breeder test reactor powered by metallic fuel at Indira Gandhi Centre for Atomic Research (IGCAR) complex at Kalpakkam has begun, a senior official said on Monday. "The government had initially sanctioned Rs 25 crore for the 120 MW metallic fuel test reactor...
  • Coalgate: CBI registers cases against 2 private cos September 22, 2012

    New Delhi: The Central Bureau of Investigation (CBI) on Saturday registered two fresh cases against two private companies in its ongoing probe into the coal block allocation scam and carried out searches at seven locations across the country. The probe agency has charged Grace Industries and Vikash Metals and Powers Limited...
  • American Thrash Metal Band Slayer to debut in India September 21, 2012

    New Delhi: Vladivar Rock'N India, India's only annual International Rock music festival that conquers the heart of every music enthusiast in the country, is back again this year to take you into a frenzied world, full throttle. The annual festival, produced by DNA Entertainment Networks Pvt. Ltd. since 2008,...