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116 cos given August 31 to file returns

PANAJI:  The Ministry of Corporate Affairs has launched two amnesty schemes for the benefit of 116 companies who have received show cause notices for not filing their annual returns and balance sheets and to tackle the problems relating to defunct companies.

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USE to starts currency futures

MUMBAI: United Stock Exchange of India (USE) has announced the commencement of operations in currency futures from August 31. The operations of the exchange will be inaugurated by Finance Minister Mr Pranab Mukherjee at the BSE international convention hall, Mumbai, said a press release.

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Bill passed to regulate FDI

NEW DELHI: Rajya Sabha today passed a bill paving way for a new law to regulate foreign contributions and hospitality by individuals and organisations, in the wake of changed internal security environment and large fund flow.

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Global cues push BSE by 200 points

MUMBAI: A smart rally in financial, FMCG and metal stocks, supported by strong global cues, pushed the BSE benchmark Sensex higher by nearly 200 points today to close at its highest level in two-and-a-half years.

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Is it still worth buying gold at Rs 18,000 plus?

BY TENSING RODRIGUES
Gold has crossed Rs. 18,000 per 10 grams; by the time you read this, it may be much beyond that; or it might be below that. Predicting prices is not my cup of tea.  But, in either case gold is much more expensive today that what it was only a year or two back. The question that I get asked very often is : Does it still make sense to buy gold ?

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