While the Indian government buys its gold in the hundred of tons, a growing number of people around the world are buying by the ounce. For years Irsquo;ve been saying on TV and elsewhere that one-ounce coins like the American Eagle and the Canadian Maple Leaf make excellent gifts that the recipients will always remember and treasure. The same goes for 24-karat gold jewelry. The U.S. Mint seems to be thinking the same thing ndash; it plans to restart the sale of half-ounce, quarter-ounce and one-tenth-ounce gold coins on December 3, just in time for Christmas gift-giving. Last year, the Mint ran out. Coin sales have been impressive this year ndash; the Mint has sold more than 1.1 million of the one-ounce American Eagles and 140,000 American Buffalo coins, also one ounce. In Britain, the Royal Mint quadrupled its gold-coin output in the third quarter of 2009 to meet demand. The World Gold Council says ...

As per a recent research report "Emerging Biofuel Market in India" by RNCOS, on the back of various initiatives by the Indian government and growing concern of energy security, biofuel industry in India is expected to grow strongly

Chinese stocks plummet, worldly markets follow… what’s behind today’s sell-off… Dan Denning on taking profits in the twilight of the U.S. stock rebound… India reports better-than-expected GDP growth… why our Mumbai partners are still hesitant… Another compelling argument against U.S. banks… Dan Amoss serves the cold, hard data… Plus, signs of the times: American’s vote to throw the bums out while the free market backlash hits Hollywood…

China has once again set the tone for our Monday market forecast. Roll the videotape:

Chinese traders dumped shares early this morning after a popular magazine rumored that the booming Chinese loan market is cooling off. Caijing magazine guessed that the Chinese loaned about $29 billion in August, a 43% crash from July. While that number isn’t official, traders around the red nation raced for the exits. The Shanghai Composite closed down 6.7%, its worst day in

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The Indian government opened the bid for the upcoming 3G spectrum (radio bandwidth) auction in the country. The floor price for the 3G auction is set at INR35 billion (US$716 million) per operator, which may yield more than INR 250 billion (US$5 billion) from the spectrum sale. Additionally, the government also set INR17.5 billion (US$360 million) as the bid for the WiMAX (a high-speed mobile technology) spectrum auction.   The impending spectrum auction, which was initially scheduled to take place in late 2008, was delayed due to disputes between the government and the telecom regulator regarding the spectrum pricing structure. In order to expedite the 3G license auction process, the country’s telecom department finally decided to increase the starting bid from the initially set price of INR20.2 billion (US$415 million).   India’s telecom department is planning to issue four 3G and three WiMAX spectrum slots nationwide. The auction process ...

For Immediate Release

Chicago, IL – August 6, 2009 – Zacks Equity Research highlights DIRECTV (DTV) as the Bull of the Day and BJ's Restaurants, Inc. (BJRI) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Qualcomm Inc. (QCOM), Tata Teleservices (TCL) and NTT DoCoMo (DCM).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

DIRECTV (DTV) is set to continue generating healthy free cash flow and earnings growth, with reduced cap ex requirements, healthy ARPU and vigorous growth in its U.S. and Latin American operations. The company's HD lead should defend its market share, bolster ARPU and help stem decelerating subscriber growth.

We think the HD roll-out with the RBOCs as partners will defend DTV's market share against cable's ability to offer video,

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Growing market traction of 3G wireless devices in India is likely to spur growth of Qualcomm Inc. (QCOM), the largest developer of digital mobile chipsets based on CDMA wireless technology. At present, India has more than 100 million CDMA wireless subscribers, out of which half a million are 3G subscribers.

Currently, Reliance Communications and Tata DoCoMo, a joint venture between Tata Teleservices (TCL) and NTT DoCoMo (DCM) are the two main CDMA service providers in India. In addition, the state-run BSNL, the largest telecom operator in the country and Sistema-Shyam Teleservices are also opting for CDMA2000.   Ministry of Telecommunication of the Indian Government is exploring several options to auction the available spectrum for next-generation high-speed 3G networks. While Reliance Communications and Tata DoCoMo have deployed 3G EV-DO networks using their existing spectrum in 800 Mhz band, BSNL is rolling out 3G HSPA networks in 40 cities.

Subscribers of

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Becton, Dickinson and Co.'s (BDX) Indian arm has recently dragged the Indian health ministry and three other companies to court after a tender was revoked. The tender was floated for procurement of syringes by the health ministry from Indian and other global organizations. The three other companies involved are Hindustan Syringes & Medical Devices, Iscon Surgicals and Wuxi Yushou Medical Appliances.

Becton, Dickinson, which provides disposable/consumable products to the medical community, was the lowest bidder for the tender. The company has charged the health ministry with intentions of buying products from its competitors through unfair means.

The tender was issued last September by the Indian health ministry to procure 700 million units of 0.5-ml and 40 million units of 0.1-ml auto-disable syringes. Becton was the lowest bidder for 24 of the 40 scheduled items. Earlier this year, Becton agreed to supply roughly 10 million units of 0.5-ml and

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Markets were cheered Wednesday when the International …

Markets were cheered Wednesday when the International Monetary Fund (IMF) projected global growth of 2.5% for 2010, a slight increase from its earlier forecast of 1.9% growth. That’s good news for investors – but consumers in the United States and investors focused on it may not see much benefit.

The IMF forecast for the United States does not sound like a lot of fun: The organization is projecting growth of only 0.8% for this country next year. That forecast runs contrary to currently optimistic rhetoric about the recession bottoming out, and may account for the stock market’s weakness over the past year or so as the very real prospects of asustained economic bottom begins to sink in with investors.

My own view is that the IMF is about right for 2010, largely because the U.S. economy may not yet have bottomed. While economic indicators have certainly improved from

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In the currency market, the dollar climbed higher against the euro. Late Monday, the euro was trading at $1.3986 vs. $1.4027 on Thursday. “Last Thursday we had very disappointing jobs data and people are saying that maybe the recovery is in doubt,” said Marc Chandler, of Brown Brothers Harriman, and the hangover from that report gave the buck an early boost. But “the dollar’s rally … has run its course and now the dollar is beginning to weaken again,” Chandler added.

Chandler also cited the upcoming G-8 summit, saying that “people are nervous about getting too long (on the) dollar ahead of the events of this week.”

Of the day’s hard number, analysts at Action Economics said that “a better than expected non-manufacturing ISM report, helped Wall Street eventually turn positive, which weighed the dollar down once again.”

The Institute for Supply Management reported yesterday that its nonmanufacturing index rose to

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