INDIA

Lucky Friday mine

Gold, Gold Mining Shares Fall

Gold prices declined Tuesday as investors sold ahead of the expiration of January options contracts in one of the lightest trading weeks of the year.
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Merry Christmas 2011: What Kids Feed Santa Claus Around the World [PHOTOS]

Santa Claus is making trips around the world on Christmas Eve, but milk and cookies aren't the only treats he'll snack on along the way... nor is Santa the only name he goes by. From rice pudding for Tomte Claus in Denmark and the fruit cake-like pan de pascua in Chile to carrots (yes, carrots) in France, see what kids leave out and get recipes for Santa's favorite treats worldwide.
Food

Food Bill: A Vote-winner and Budget-buster

Plans to expand the multi-billion dollar food subsidy programme are a likely vote-winner for the ruling Congress party as it heads into key local elections in 2012, but could worsen strained finances as a flagging economy crimps revenue.
Laborer

India's New Telecoms Policy in June: Telecoms Ministry

India's new telecoms policy is likely to be approved by June, the telecoms ministry said in a statement on Friday, delaying the keenly awaited policy by about six months as the government allows for more time for consultation.
Gold

Gold Demand in India Remains Subdued

Gold demand in India, the world's top buyer, remained subdued on Friday after prices edged higher, tracking a rebound in the world market and as the local currency pared early gains, dealers said.
Food

Weekly Food Inflation Falls By 1.81 Percent

India's food inflation eased sharply in the year to December 10 on lower prices of rice, cereals and vegetables and benefiting from a higher statistical base a year ago, indicating sticky headline inflation could be moderating.
Gold

Gold Demand in India Sluggish

Gold prices in India, the world's top buyer, eased tailing soft overseas prices, but not enough to attract buyers in a traditionally lean demand period, dealers said.
Indian Team

Australian Transition Gives India an Opening

India, even if you won't hear them say it, have never had a better chance of clinching their first test series triumph in Australia than over the next month against a host nation in the turmoil of transition.
3G

Govt Will Not Allow 3G Roaming Pacts: Source

The telecoms ministry will tell carriers that they will not be allowed to offer third-generation (3G) services through roaming agreements with one another in zones where they do not have their own 3G airwaves.
220 kg block of gold

Indian Gold Buying Down as Rupee Weakens

Gold prices in India, the world's top buyer, edged higher on Tuesday on a weak rupee and recovery in the world market, although the upside further discouraged buying, dealers said.
School children look at Nikola Tesla's coreless transformer displayed at the Tesla Museum in Belgrade December 17, 2011.

Insight: How Renewable Energy May Be Edison's Revenge

At the start of the 20th century, inventors Thomas Alva Edison and Nikola Tesla clashed in the "war of the currents." To highlight the dangers of his rival's system, Edison even electrocuted an elephant. The animal died in vain; it was Tesla's system and not Edison's that took off. But today, helped by technological advances and the need to conserve energy, Edison may finally get his revenge.

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