Indian Gold Prices at Record, Cooling Jewelry Demand

With constant hammering of stock market gold is fast emerging as the best source of invesmtment.  Gold zoomed past all previous records to set a record . Gold dealers said melting stocks and forex markets left no other option for investors other than gold and they...

UK energy prices rise twice of EU average

The astonishing rise of gas and electricity prices in Britain have been a worrying trend to many British consumers. Those consumers may be distressed today to learn that gas prices in the UK have risen at twice the EU average. This may frustrate them considering that the UK...

Churches attacked in coastal Karnataka

"In what appears to be a planned series of attacks on church-goers in different districts of the state, separate groups of miscreants unleashed violence on churches in Udupi, Mangalore and Chikmagalur on Sunday morning.Around ten prayer centres in Mangalore were vandalised,...

India: Inflation touches new high of 11.91%

" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and...

Government relents and scraps fuel duty rise

The UK government has cancelled a planned 2p rise in fuel tax in light of the ever increasing petrol prices. However the timing to the decision, coming as it does shortly before the very important by-election in Glasgow East, has being deemed suspicious. Gordon Brown may be...