Flying back..

Gulf Air flies again to Sri Lanka

Gulf Air is to fly again to Sri Lanka following many internatinal airlines who re-commenced their operations in Sri Lanka with the end of the war that plagued the country for 25 years.
 

Expect gold to cross $2,000/ounce in next 5-10 years: Jim Rogers

Jim Rogers, chairman, Rogers Holdings, spoke with ET Now on a range of issues including the global economy, emerging markets, equities and his current contrarian bets Excerpts:

Cargills eyes beer biz?

By Indika Sakalasooriya

Speculation is rife that Cargills Ceylon PLC (CARG) is eyeing the soft liquor business through the acquisition of McCallum Breweries, the manufacturers of niche market beers, 3 Coins and Irish Dark Riva, The Bottom Line reliably learns.

A bubble building?

Super-rich investors buying gold in tonne to dodge economic worries

GENEVA: The world's wealthiest people have responded to economic worries by buying bars of gold, sometimes by the tonne, and moving assets out of the financial system , bankers catering to the very rich said on Monday. 

Racing ahead

India's auto exports to escalate 

Automobile exports from India are expected to shoot up to $12 billion by 2014 from $4.5 billion in the last fiscal, according to a news report.