Monday, May 16, 2011

Buzzweb

Buzzweb

Silver hits 31-year top, iShares Silver at record

Posted: 04 Apr 2011 11:38 PM PDT


SINGAPORE (Reuters) - Silver jumped to its highest since early 1980 on Tuesday on inflation concerns, a rise in ETF holdings to another record and growing industrial demand, while gold hardly moved as the euro held below this week's five-month high versus the dollar.

JPMorgan recommends buying emerging market equities

Posted: 04 Apr 2011 11:38 PM PDT


NEW YORK (Reuters) - JPMorgan on Monday recommended investors increase positions in emerging equity markets, saying developing economies are expected to slow down less than their developed counterparts in the next few months.

Kingfisher cuts debt; to raise funds when crude stable

Posted: 04 Apr 2011 11:38 PM PDT


MUMBAI (Reuters) - Kingfisher Airlines has brought down its debt as part of a debt restructuring process and would prefer to wait for crude prices to stabilise before raising fresh funds for expansion, a top group official told Reuters on Tuesday.

RBI deputy: preventing supply-side pressure spillover a challenge

Posted: 04 Apr 2011 11:38 PM PDT


MUMBAI (Reuters) - Indian monetary policymakers are facing the challenge of preventing a spillover of supply-side pressures into general inflation, a Reserve Bank of India (RBI) deputy governor said on Tuesday.

Babu Jagjivan Ram Jayanthi 2011, Paid rich tributes on his 104th birth anniversary

Posted: 04 Apr 2011 11:24 PM PDT


Babu Jagjivan Ram Jayanthi 2011 is celebrated today on April 5th on rememberance of our veteran freedom fighter, former Deputy Prime Minister of India and beloved national leader Babu Jagjivan Ram. Andhra Pradesh Chief Minister N.Kiran Kumar Reddy paid rich tributes on his 104th birth anniversary on Tuesday.
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