IBT Staff Reporter

Commodity Online BAGHDAD: Iraqi officials on Tuesday said oil output operations would be back to normal by today, after the bomb attack cut production and exports by about 100,000 barrels per day.

Commodity Online NEW DELHI: India s largest power utility, National Thermal Power Corporation Ltd (NTPC) has envisaged to generate 209000 MUs of Electricity in the financial year 2008 09.

Commodity Online MUMBAI: Following its fall globally the precious yellow metal resumed sharply lower by Rs 275 per ten grams here at the bullion market on Tuesday.

Commodity Online MUMBAI: Following its fall globally the precious yellow metal resumed sharply lower by Rs 275 per ten grams here at the bullion market on Tuesday.

Commodity Online NEW DELHI: The state run GAIL has signed a deal with the consortium of the Panna Mukta and Tapti gas fields (PMT) for marketing the natural gas produced from the PMT field.

Commodity Online NEW DELHI: In an effort to curb down heavy losses, India s major oil firms on Tuesday raised aviation turbine fuel (ATF) prices by over 13 percent.

Lehman brothers said on Monday it would sell three million shares to raise at least $3 billion in a bid to reduce concern that it is running short on capital.

While the major initiatives would take years to become a reality, Treasury Secretary Henry Paulson unveiled on Monday his agency's plan to revamp the U.S. financial regulatory bureaucracy.

After a year of planning and in the midst of a financial crisis which is taking a heavy toll on the economy, the U.S. Treasury unveiled a far reaching overhaul for financial regulation meant to boost the nation's competitiveness.

Commodity Online NEW YORK: Gold and platinum followed oil and other commodities on a journey towards south on the last day of the previous fiscal year.

Commodity Online NEW YORK: World oil prices fell sharply on Monday as traders hunted down profits with which to close their books and on signs that a US report would show inventories rose again since the last three months.

Commodity OnlineNEW YORK: Several commodity prices tracked together today. June gold fell $15.00 to $921.50, along with the sell off in soybean and wheat prices. May crude oil closed down $4.04 at $101.58.

Treasuries prices rose on Monday as investors looked for refuge in safer investments after a report stated U.S. business activity fell in March and a top government official unveiled a plan to overhaul financial regulation.

After a wave of speculations that Brad Pitt and Angelina Jolie married this Saturday in New Orleans, the wedding was not confirmed by any source.

The dollar made slight gains against the euro and yen on Monday after consumer price inflation in Europe hit a new high above estimates.

Gold futures dropped sharply on pressures from a stronger dollar on Monday. Silver fell.

Anna Nicole Smith's son, Daniel Smith, died from an accidental drug overdose according to a Bahamas jury.

The FTSE 100 share index edged up on Monday by 9.2 points to 5,702.1 (up 0.16 per cent).

On Monday Global Radio announced that it would be buying GCap Media for the sum of £375 million, at 225 pence per share.

Brewer Scottish & Newcastle (S&N) has said that its shareholders voted overwhelmingly in favour of a £10 billion takeover big from a consortium of Carlsberg and Heineken. The vote was taken at an extraordinary general meeting on Monday.

U.S. stock indexes rose for the first time in four days on Monday, despite big losses for pharmaceutical giant Merck, while lower oil prices improved business activity and a Treasury plan was announced to boost the economy against growing credit losses.

The Confederation of British Industry (CBI) has said that it expects the financial crisis to get worse in the coming months and could cost profits and jobs for financial companies.

The Bombay Stock Exchange (BSE) Sensex fell 4.44 percent on Monday, the last day of the financial quarter, to end the quarter of March down 22.9 percent, its biggest quarterly fall since the June 1992 quarter, as reports of rising inflation and global economic slowdown dampened market sentiments.

Soybean declined on Monday after a report from the U.S. Department of Agriculture (USDA) showed that U.S. farmers will plant more soybean and wheat crops this year as the bean prices continue increasing.

Crude oil futures in New York fell more than $3 on Monday on concerns U.S. demand of fuel will decrease as the economy slows down.

Japan Stocks decreased over 2 percent Monday because of uncertainty of the Japan and U.S. economy and selloff of Asian markets.

By Jon Nones Light, sweet crude for May delivery dropped 44 cents to $105.18 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe.

Supply and demand fundamentals will continue to drive gold prices higher, it has been claimed.

Commodity OnlineDUBAI: Dubai, the Asian hub for major trading in gold, is gearing up to host sixth annual Dubai City of Gold Conference. The conference will take place between April 12th and 13th at the Park Hyatt, Dubai.