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Expansion of central bank balance sheets supports gold: Gartman

rapid expansion of central-bank balance sheets in recent years has underpinned gold, and this is not likely to change, said investor and newsletter writer Dennis Gartman.According to Gartman , If balance sheets were rebased to an index in which they stood at 100 on Jan. 1, 2007, then the European Central Bank’s balance sheet now stands at approximately 175, the Bank of England’s at 230 and the Federal...
Source : Commodity Online |
Category : Commodities

Blue Star - Board to consider Dividend

13 May 2013The board meeting of Blue Star will be held on 13 May 2013, to consider the audited balance sheet and profit & loss account for the financial year ended...
Source : Indiainfoline |
Category : Business

Pimco COO: Monetary Policy Necessary But Not Sufficient

Pimco COO Doug Hodge argues we are in for a slow period of balance sheet rehabilitation....
Category : Health

Lonmin shareholders back rights issue

Shareholders in South African platinum miner Lonmin have voted in favour of an $817 million rights issue to repair a strike-battered balance sheet and fund its...
Category : Health

Micromax launches Superfone A80 Infinity

Micromax launched its Superfone A80 Infinity priced at Rs 8,490, Micromax has expanded its Superfone portfolio in the country with the addition of Superfone A80 Infinity.Points...
Source : Indiatimes |
Category : Photos

Micromax launches A84 Superfone Elite

has a 3.9 inch, 1 GHz processor, Android Gingerbread operating system and dual cameras.Home grown, Micromax has launched another Android smartphone, named A84 Superfone Elite, in India.The new Micromax A84 Superfone Elite boasts a 3.9 inch capacitive WVGA touchscreen and comes with a powerful specification sheet such as a 1 Ghz processor, 5 megapixel rear camera with LED Flash, Android 2.3.6 operating...
Source : India TV |
Category : Entertainment

Micromax Canvas HD A116: Features, Price and Specifications

Micromax has launched its much-anticipated smartphone, Micromax Canvas HD A116. Micromax A116 is an upgradation to its A110 smartphone with better features and specifications.Available at a price of mere 13,990, Micromax Canvas HD A116 smartphone is considered the best available in Indian market packed with superb features.Micromax A116 is a 3G phone with dual SIM support and the latest Android operating...
Source : News Track India |
Category : Science N Technology | City : Mumbai

Micromax A90 review: Price meets performance

which has made a name for itself in the low-cost handset market in India, seems to have made the best of its experience in the A90 by striking a right balance between performance and price. The Micromax A90 Pixel Android smartphone was recently launched at Rs 12,990.The Micromax A90 is a neatly tailored dual SIM phone. The design of the phone is reminiscent of Samsung's highly successful Galaxy SII....
Source : IBNLive |
Category : Science N Technology | City : New Delhi

Bank of Japan Ups Bond Purchasing Program to $867B

said Friday it will expand its balance sheet 5 trillion yen ($62 billion) to 70 trillion yen through purchases of government bonds, exchange-traded funds andExpanding the central bank's balance sheet aims to lower interest rates and thus lower the value of the nation's currency in a bid to reverse severe deflation."There have not been many cases where monetary easing has been strengthened while the...
Category : Business

Legendary Entertainment nears raising $250 million in financing

finance and production company behind 'The Dark Knight' and this weekend's 'Wrath of the Titans' is beefing up its balance sheet as it becomes a bigger player in Hollywood.Legendary Entertainment, the finance and production company behind "The Dark Knight" and this weekend's "Wrath of the Titans," is beefing up its balance sheet as it becomes a bigger player in Hollywood....
Source : Los Angeles Times |
Category : Business