Gold is set for its biggest weekly advance this year as unrest in the Middle East, rising inflation and a weakening dollar combined to fuel demand for the yellow metal as an alternative investment. World gold demand grew 9 percent during 2010 to 3,812.2 metric tons,...
As the Indian union railway budget approaches we thought it apt to compare the veins of steel that run through both China and India. Our railways networks heave the weight of both nations, transporting millions of people and tonnes of goods from shores to the inlands....
Key expectations-Budget FY12 – by HDFC bank’s Chief Economist Abheek Barua FY11 fiscal deficit likely at 4.9 percent of GDP Government to announce fiscal deficit close to medium-term target of 4.8 percent of GDP in FY12 ;slippages likely to push ratio to...
Last week, Indian and Chinese companies struck two large deals in the infrastructure and stainless steel sectors. One of the deals, involves constructing a road in Jammu & Kashmir, near the India-China border. Baosteel Resources, the Baosteel group’s...
Even as rubber, oil and steel prices soar on the inflation highway , Chinese auto companies are revving up their engines to cruise into the Indian market. Even though India’s roads might be congested and cars fight tooth and jowl as infrastructure creeks, the...
Even as investment bankers forecast a stellar year for mergers and acquisitions in Asia following a leap in the value of both inbound and outbound transactions in 2010, China is all set to rain on their parade. According to the new regulations posted on a government...
