INDIA

International Women's Day Gets Political

International Women's Day
International Women's Day celebrations in 2012 -- a year that has already been permanently marked by social movements, elections and crises -- have taken a political and, in some cases sombre, tone in many countries.
Detour Lake Gold Mine

Gold Rises On Optimism About Greek Bond Swap

Gold rose Thursday, led by a climb in the euro on the back of growing confidence in Greece's ability to complete a bond swap to avoid defaulting on its debt, and by evidence that this week's decline to six-week lows had lifted investor demand.
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Baselworld

Luxury watchmakers see clouds on China 'Eldorado'

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
Heavy equipment at Barrick gold project

Gold Edges up to Snap Three-Day Plunge

Gold prices snapped three days of losses to rise on Wednesday, helped by the euro paring losses versus the dollar, which eased negative currency effects on the precious metal, and by a tentative recovery in demand for physical gold at lower prices.
Gold bars

Gold Recovers as Dollar Retreats, Buyers Step In

Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.
Cotton

India Bans Cotton Exports: How Will This Affect the Price?

The spot price of the benchmark Memphis cotton price have jumped more than 5 percent after India, the world’s second largest producer and exporter of cotton, banned exports of the fibre Tuesday. However, the impact of this ban on prices is expected to be short-lived according to a report.
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Myanmar to Float Currency in 2012/13, Unify FX Rates

Myanmar will begin a managed float of its currency in the fiscal year starting in April and wants to develop an interbank money market to end a black-market currency system that critics say deters investment and abets kleptocracy.
Indigo

IndiGo Climbs to Second Place in Market Share

It's not all doom and gloom for India's embattled airline sector. IndiGo, a low-fare carrier launched in 2006, has climbed to second place in market share at the expense of Air India and Kingfisher Airlines (KING.NS) and is the only one of India's six main carriers making a profit, for now at least.
Rahul Gandhi

Rahul Gandhi's Mission Failed in Uttar Pradesh?

Congress party is trailing in fourth place at the time of filing this article, as counting of votes got underway in Uttar Pradesh on Tuesday, a stunning blow to Rahul Gandhi who had staked his political future on reviving his party's fortunes in the state.
Cotton picking

India Bans Cotton Exports Without Explanation

India announced on Monday an immediate ban on all cotton exports until further notice, cutting off the world's second-largest exporter of cotton, in an unexplained move that could limit global supplies and drive up prices.

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