Top stories: Raj Kundra confesses to betting & gold shoots up

THE ECONOMIC TIMES Thu, Jun 06, 2013 | 05:54 PM IST Daily Newsletter

Gold shoots to 5-week high; up Rs 430 on duty hike, global trend The trading sentiment bolstered as government decided to increase import duty on gold from 6 per cent to 8 per cent to curb a record CAD. Reliance Jio to hire about 7,000 employees this year "We have charted an ambitious plan for the next 12 months and we foresee making rapid progress over this period," Mukesh Ambani said.

Story of The Day IPL spot-fixing: Raj Kundra confesses to betting; passport seized Rajasthan Royals co-owner Raj Kundra confessed to betting through bookie Umesh Goenka, according to Delhi Police. read more

Popular Stories TCS to hike CEO Chandrasekaran's 2014 base pay by 50% to Rs 15 lakhs a month Rohan Murty's presence may undermine succession planning at Infosys Swift DZire becomes India's best selling car, ending Alto's long stint at the top How to change job and get hired in a new industry Jaguar goes cub: JLR to launch 'Baby Jag' for the entry level premium car market Amazon launches its India marketplace

Market Watch 6 Jun | 05:54PM SENSEX 19519.49↓-48.73 NIFTY 5921.40↓-2.45 USD/INR 56.87↑0.15 GOLD (Rs/10g.) 27709.00↑25.00

Latest Updates Rupee recovers from near 1-yr low; US data watched The Indian rupee recovered after touching the key psychological level of 57 to the dollar, helped by dollar selling by some foreign and custodian banks, but sentiment remains cautious ahead of key US data. UBS identifies top 12 buy ideas in small/midcap space Midcap and smallcap names have underperformed in 2013 while the Nifty index has been flat. Trade unions, TN govt opposing stake sale: NLC Neyveli Lignite Corp has informed the Coal Ministry that TN govt and employee union are opposing the proposal to divest 5% stake in the PSU Food inflation will come down with good rabi crop: FM Finance Minister P Chidambaram today said food inflation is still high and expressed confidence that it will come down. Why BB Q10's Rs 45,000 pricetag is a bad idea BlackBerry loyalists who haven't been excited by the all-touch (and high-priced Z10) were hoping for a much lower pricetag on the Q10. ECB holds interest rates, expecting recovery soon The ECB kept its main interest rate on hold at a record low 0.5 %, as it waits to see early signs of stabilisation in the euro zone

Gainers Losers 6 Jun, 2013, 05:54PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Royale Manor Hotels And Industries Ltd. 7.64 19.94 600 7.64 6.01 Cords Cable Industries Ltd. 17.50 19.86 2330 17.50 13.60 Pioneer Distilleries Ltd. 70.95 19.75 25 70.95 70.95 Bombay Rayon Fashions Ltd. 223.55 18.34 195481 226.40 191.00 Networth Stock Broking Ltd. 12.90 17.27 1615 13.00 12.10

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