Technically speaking: Why R.J. O Brien and Associates thinks Gold could rally to $1500 oz

India, May 21 -- Gold futures on the Comex could rally 8.4% to touch $1500 an ounce in June said a technical analysis from R.J O Brien Associates and cited by Bloomberg.The analyst there holds the view that gold has hit a double bottom on Monday and can climb from $1 336.30 that was seen yesterday. A double bottom represents a slump followed by rebound and then another slump which is indicative of a support formation at the bottom level.

Comex Silver at $24 oz MCX Silver at 47000 48000: Possible in two weeks or three

India, May 21 -- Silver futures are consolidating at least for now and so are the futures of gold according to Manoj Kumar Jain President Commodity Forex Business IndiaNivesh Commodities Pvt. Ltd.But this could be a temporary affair... he cautions. The current bounce back in gold and silver is primarily attributed to short covering and buying at lower levels he noted. In two weeks or three as per technical analysis he expects MCX silver futures to touch 47000 48000 levels even as the Comex futures may reach $24 oz.

Ex-Nokia employees present Jolla smartphone to rival sector giants

India, May 21 -- A group of ex-Nokia employees had joined hands to present their own Jolla, a smartphone with a custom operating system known as Sailfish, in a hope to rival big players like Apple and Google.

Coal India gains over 2% on robust Q4

India, May 21 -- Share of state-controlled coal producer Coal India Ltd (CIL) spurts over 2 per cent in early trade on Bombay Stock Exchange (BSE) on strong set fourth quarter earnings number.

Maruti posts record profit, exceeding expectations

New Delhi, April 267 -- Maruti Suzuki India Ltd's net profit surged 80% to a record in the fourth quarter of 2012-13, exceeding expectations and going against the grain in a market that shrank 6.69% in the year to March, as the country's largest car maker cut discounts, raised prices, trimmed costs, and was helped by the yen depreciating against the rupee.

French Open to have dual feed

Mumbai, May 22 -- If Rafael Nadal and Roger Federer are playing different games on the same day at the same time during the French Open tennis tournament between 26 May and 9 June, viewers in India can choose which tie to watch.

Taapsee Pannu bonded with Nayantara on the sets of Vishnuvardhan directorial

Chennai, May 21 -- Much has been said about the cat fights of the model-turned-film actress Taapsee Pannu and Nayantara but the recent updates about the two has cleared the air. The duo has now come close during the shooting of an upcoming flick by director Vishnuvardhan. Taapsee revealed their common interest, while shooting in Kulu-Manali, "Who said that two actresses cannot get along? Nayan and I bonded so well that we even tried adventure sports in Kulu Manali."

Li Bingbing on for Michael Bay's Transformers 4

Los Angeles, May 21 -- Paramount Pictures has come up with yet another addition of Chinese actress Li Bingbing to the cast of Transformers 4. This film is the fourth installment in the Transformers series with Lorenzo di Bonaventura producing the film and Michael Bay is to give direction to the sci-fi adventure. It is said that the casting of the actress is done to increase Chinese interest in Hollywood.

4 new genetic risk factors for testicular cancer identified

Washington, May 23 -- Scientists have identified four new genetic variants associated with an increased risk of testicular cancer.

Tumblr users threaten exodus after Yahoo acquisition announcement

Sydney, May 21 -- Hours after Yahoo announced its acquisition of Tumblr for 1.1 billion dollars, the latter's users have started posting threats about exiting from the site.

Visit of High Level Buddhist Delegation to Japan

Tokyo, May 21 -- Maha Nayaka of the Amarapura MahaNikaya, Most Venerable Davuldena Gnanissara Thero and Maha Nayaka of the Ramanna MahaNikaya Most Venerable Napana Premasiri Thero visited Japan from 9th to 16th May accompanied by a high-level delegation of Buddhist clergy.

Dead Jackson makes more money than living Bieber!

Sweden, May 21 -- Michael Jackson's estate has made more money through ticket sales in the four years since his death than the 'Thriller' performer made during his lifetime.

Get Sri Lankan'ed concludes with press conference in Mumbai

Sri Lanka, May 21 -- Sri Lanka Tourism's second 3Day Mega Promotional campaign named " Get Sri Lanken'ed" kicked off in style in the city of Mumbai on 10th Friday 2013 with a high profile media conference held in Taj Lands End Hotel- Salcette -Mumbai . The press conference was the first of series of events lined up under the "Get SriLankan'ed" promotional campaign of Sri Lanka Tourism, implemented with the aim of positioning Sri Lanka as a most sought after travel destination in emerging markets of the world.

Republic Day meeting

Sri Lanka, May 21 -- A new constitution to strengthen democracy and national unity! Is the theme of the Republic Day Meeting on Wednesday May 22 at 4.30 pm at the New Town Hall, (Nelum Pokuna Mawatha, Colombo 7) organized by the Socialist Alliance Introduction to the meeting will be made by Socialist Alliance General Secretary Raja Collure. The Guest speakers are Prof Sumanasiri Liyanage and Dr Selvy Thiruchandran. General Secretary Lanka Sama Samaja Party, Minister Prof Tissa Vitharana, General Secretary Communist Party of Sri Lanka, Minister DEW Gunasekera, General Secretary Democratic Left Front, Minister Vasudeva Nanayakkara will also address the meeting.

LHC dismisses petition seeking vote recount

LAHORE, May 21 -- Justice Ijazul Ahsan of Lahore High Court on Monday dismissed a petition of a losing candidate Muhammad Shah Khagga of PML-Q seeking recounting of votes in NA-164, Pakpattan.

Demand for ACs, refrigerators increases

ISLAMABAD, May 21 -- The demand for summer products like air conditions and refrigerators is increased in the twin cities. Some International companies have seen a good phenomenal rise in demand by almost 100 to 150 percent, while some others like LG are experiencing a decent 50 percent rise. A shopper, Muhammad Asad, at Abpara market while talking to media informed that he is in market to buy refrigerator for home because now it has become an essential commodity. An Electronics Businessmen, Rasheed Ali, at Blue Area said that it is the high time of their business as people are coming to buy summer products particularly refrigerators and air-conditioners. He said that despite loadshedding people demands air-conditioner. He said that Samsung is expecting to double its sales volume as it plans to sell more AC this year compared with last one. He said that the company has witnessed a 25% rise in demand for refrigerators and hopes to sell more units this year. Rasheed said the rise in prices of our products is due to increased input costs but it has not deterred our consumers from buying them.

Joint inspection to measure damage to Vasant Kunj greens

India, May 21 -- Officials of Delhi's forest and public works departments and a group of local residents will carry out an inspection and estimate the actual destruction caused to greenery in Vasant Kunj for a road-widening project. The inspection will be done on Tuesday morning.

Karnataka MLCS to meet Sonia, ask for cabinet berths

Bengaluru, May 21 -- Upset at not being assigned a single ministerial berth in the newly elected chief minister Siddaramaiah's cabinet, Congress members of the Karnataka Legislative Council (Upper House) arrived in Delhi on Sunday to plead their case with party chief Sonia Gandhi.

Tornadoes hit US states; 1 killed

Oklahoma, May 20 -- At least one person was killed and several others were injured as a series of tornadoes swept through the US state of Oklahoma on Sunday, officials said.

Overall salary hikes to be at 12% this year

Kolkata, May 20 -- With companies emphasizing ever more on skills, there seems to be greater synchrony between skills and salaries, states TeamLease's Salary Primer for 2013.

Radcliffe, people's confidant in pubs

London, May 21 -- Actor Daniel Radcliffe, who battled alcohol addiction once, says he often comes across drunk people who are comfortable sharing their problems with him.

British PM seeks joint effort against tax evasion

London, May 21 -- British Prime Minister David Cameron has called for joint effort to tackle tax evasion and aggressive tax avoidance weeks ahead of the Group 8 Summit.

Rs 20 Lakhs seized from Ajit Chandila's cricket kit

NEW DELHI, May 21 -- Investigators today seized Rs 20 lakh stacked in a cricket kit kept in the house of a relative of arrested cricketer Ajit Chandila whose voice samples along with that of two bookies were taken to match with tapped conversations in the IPL spot-fixing scandal.

Poverty dims MBBS prospects after stellar show in Plus Two

MADURAI, May 21 -- She has got the marks to get into most of the professional colleges, but it is funds that is turning out to be the stumbling block for V Thairiyalakshmi's higher education dreams. This meritorious student, belonging to M Vellalapatti hamlet near Melur, scored 1,131 in her Plus Two board exam and emerged the topper in Natham taluk.

Nikkei opens 0.95 percent higher

TOKYO, May 20 -- Nikkei opened 0.95 pct higher Monday on a weaker yen and rosy US economic data.

Loud blast rocks anew North Cotabato town

KIDAPAWAN CITY, May 20 -- A loud blast rocked Poblacion in Kabacan, North Cotabato caused by a projectile of a 40-mm mortar fired from an M203 grenade launcher.

Central Bank of India inaugurates first 'women branch' in Bhopal

Bhopal, May 21 -- First women branch of Central Bank of India (CBI) was inaugurated by CBI Chairman and Managing Director (CMD) MV Tanksale here in Arera colony on Monday.

Water crisis alarm starts ringing

Hazaribagh, May 21 -- Residents of Hazaribagh will get supply water till the end of May. Only 15 feet water is left in local Charwa Dam which is the only source of water supply for the town. The executive engineer of PHED said that they were are lifting 12 lakh gallon from Charwa Dam and 50000 gallons from local lake everyday.

NGO Reports Fresh Attacks in Qusayr

Beirut, May 20 -- Syrian Observatory for Human Rights has informed that the town of Qusayr was attacked by fighters hailing from Hezbollah, a Lebanese militant group.

NGO Expresses Support Towards Contract Cotton Farming

Mwanza, May 20 -- Tanzania Gatsby Trust (TGT), an NGO, has collaborated with Tanzania Cotton Board (TCB) in order to support contract cotton farming in Tanzania.

Ford EcoSport may be a big threat to Renault Duster in India

India, May 21 -- Competition in the compact Sports Utility Vehicle (SUV) segment seems to be intensifying with every passing month, with several companies bringing out new models for this category. Renault Duster is the leader in this segment of vehicles, but its days of domination could be numbered once the Ford EcoSport is launched in India.

Bajaj Pulsar 375 could be in the pipeline, spy pictures surface on internet

India, May 21 -- During the launch of the recent Kawasaki Ninja 300 in India, it was quite clear that interest in the entry level performance biking segment has gone up in the country lately. However, now it is known that Bajaj may also be considering the launch of a new Pulsar 375. Just as the KTM 200 launch was followed by that of the Bajaj Pulsar 200NS, the KTM 390 would be followed by the Pulsar 375.