Friday, August 29, 2008

Metals & Energy News

* RBI expects no respite from rising inflation. Mint

* Trading in currency futures on NSE begins. Mint

*Rupee at 17-month low. Mint

*FMC not to hike penalty; mulls other options. Mint

*Gold near 2-week high, eyes US data. Business Line

* Crude above $118 as storm threatens to hit US coast. Business Line

*Copper falls on worries over China demand. Business Line

*Zinc declines a tad. Business Line

*Metals’ outlook positive despite recent correction. Business Line

*Bond gain for sixth day as rupee slides. The Financial Express

*Forex reserves surge $1.08 bn to $ 297.3 bn. The Financial Express

*Gold firm, demands slows as dips eyed. The Financial Express

*GDP falls to 7.9%. Business Standard

*High copper prices may not last long. Business Standard

*Foreign Exchange Reserves, Including Gold & SDR, rise $1,076 Million To

*Touch $297.3 Billion. The Economic Times

*Currency futures get off the mark. The Economic Times

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