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NTPC stir sparks coal crisis

Patna, Oct. 10: The power supply to Bihar from the central sector dipped further today because of the ongoing crisis at the National Thermal Power Corporation (NTPC) Kahalgaon plant. The coal crisis at NTPC plant because of the ongoing agitation by...

Coal shortage cramps Shyam Steel expansion in Bengal

Burdwan, Sep 2 (IANS) The Shyam Steel Industries Limited is moving to complete the first phase of its expansion in West Bengal by 2013 but concerns remain over the shortage of coal. The company is setting up an integrated 1.1 million tonnes per annum

India gold rises 1.5 pct, moderates demand

MUMBAI (Reuters) - India gold futures gained more than 1.5 percent on Friday tracking a firm world market, moderating demand in the domestic spot market in the middle of the festive season, dealers said. * The most-active gold for October delivery on the

BSE Sensex rises on global cues; SBI, Coal India jump

NEW DELHI (Reuters) - The BSE Sensex rose 0.73 percent on Tuesday, mirroring global market gains, after a takeover news lifted Wall Street overnight and as the Japanese economy shrank much less than expected. Asian shares drew succour on Tuesday from

MCX gold futures seen hitting another peak

MUMBAI (Reuters) - India gold futures, which hit a record high on Monday, are likely to extend gains this week to hit another peak, on continuing concerns over euro zone debt and worries over a possible U.S. default, analysts said. "We are bullish on

Selling gold teeth to make ends meet in Greece

A smartly dressed woman waits as a young man behind a glass screen weighs her gold earrings, bracelets and rings and counts out 1,600 euros. "I'll see you again soon," she says, slipping the bills into her purse. Behind her, a grey-haired man shuffles towards the counter. "Do you buy gold teeth?" he asks.
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Not exactly a gold rush, but companies exploring Wisconsin

It is too early to say whether Aquila Resources, which is incorporated in Canada with U.S. offices in Menominee, Mich., will begin the long regulatory process to mine gold, company president Thomas Quigley told the Journal Sentinel.