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Gold to hover around Rs 16,000 this week
Gold prices will continue to remain bullish and are expected to hover around Rs 16,000 this week as the US dollar is showing a weakening trend amid a better demand for the metal in the domestic market, analysts said.

Sensex still in red; Tata Motors tumbles 5%
The Sensex remains in the negative zone and is now at 16,808, down 35 points.

News of the day

Cyclone 'Phyan': Eight states, three UTs on alert
As the sea became rough due to cyclonic storm "Phyan", the Home Ministry today put on alert five coastal states and three Union Territories and sent disaster relief response force for their assistance.
Small Business

Basu back on full ventilation

The condition of Marxist patriarch Jyoti Basu, who is battling pneumonia, remained critical today with doctors putting him back on full ventilation. - PM, Pranab Mukherjee visit Basu in hospital - Deve Gowda to lead stir against NICE project - Basu remains critical, PM, Pranab visit hospital - Basu responding to treatment: Yechury - Cabinet meet cancelled - PM to meet ailing Basu The ventilatory support of 95-year-old Basu had been reduced partially last evening. The report of a bacterial test done on him would be available today, Susruth Banerjee, who is a member of the medical board at the private AMRI hospital, where Basu was admitted on Friday, told reporters. "The report will show the effectiveness of the current drugs being administered to him," Banerjee said. Basu"s conditional had deteriorated two days ago following which he was put on a ventilator. Prime Minister Manmohan Singh had visited him in hospital yesterday.


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