Gold-Hungry Traders Tap Indians Living Abroad

Non-resident Indians are bringing gold into the country by taking advantage of rules that allow each individual to carry 1 kg of the metal, helping traders cope with restrictions on imports during the peak wedding season.

Qatar Fund in Talks to Invest $200 Million in Indian Property - Source

Qatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich Gulf emirate, is in talks to invest $200 million in residential property in India, a source with direct knowledge of the matter told Reuters.

BP Inks Deal with Oman to Develop $16bn Khazzan Gas Project

Project is expected to produce 1 billion cubic feet of gas and 25,000 barrels of gas condensate per day at peak levels.

Gold Prices to Oscillate Next Week As Traders Await Federal Reserve QE Taper Decision

Stimulus cut by Fed could boost dollar, resulting in downward pressure on gold prices.

Bali WTO Deal Doubtful as Rifts Widen Over Food Subsidies

WTO member India refuses to dilute its $24bn food subsidy plan.

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