IndianOil, Nuke Power Corp ink pact


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Ethanol prices to be lower than interim price?

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John Paulson earns $5 bn by betting on gold

John A. Paulson made $4 billion betting against newfangled mortgage investments. But he made even more betting on an old-fashioned investment: gold. Paulson, a hedge fund manager who sprang to fame when the housing market collapsed, personally made about $5 billion in 2010, according to two investors in his company. How? Paulson bought gold lots of it. His firm, Paulson & Co., owns securities that represent the rough equivalent of 96 metric tons of the metal. It is an outsize wager by almost any standard. Paulsons firm does not actually own all that gold. But if it did, it would be sitting atop more gold than the Australian government. Paulson himself would be holding more gold than Bulgaria. Paulson is known for betting big. His payday for last year exceeds the $4 billion he made for 2007. He be...
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Gold surge no deterrent for Indian consumers

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