Low-cost air-carrier IndiGo Airlineshas said it will allocate almost 16 per cent of its fleet capacity forinternational operations by March and ruled out any hike in fares in the nearterm.

The company expects the new version to sell around 18,000 units per month, against the current sales of the old Swift of around 12,000 units per month, according to Mayank Pareek, managing executive officer, marketing and sales, Maruti Suzuki.

Tracking a firming global trend, gold prices surged by Rs 208 to Rs 26,815 per 10 grams in futures trade on brisk buying by speculators.

Gold sparkled at an all-time high of over Rs 24,500 per 10 grams in Kolkata on Friday as the metal's appeal as a safe haven increased amid a worldwide crash in other investment options - equities and the dollar.

As India's ambition to become a global auto hub is curbed, manufacturers focus on the domestic market. But that is where the turmoil is.

Quick takes on major events of the last fortnight

Property prices in the country's financial capital are on the wane and could drop by 35 per cent in 18 months, according to published sales data and experts.

Invest in companies whose businesses get a boost from the season.

The government is in a quandary as agriculture minister Sharad Pawar is mounting increasing pressure to open up sugar exports at a time when headline inflation is ruling at over nine per cent.

Market analysts said continued buying by speculators on rising global trend, where precious metal zoomed to a fresh 31-year high, and a weak dollar bossted demand for precious metals.

Sentiment turned bullish as gold prices rose in overseas markets on sovereign-debt crisis raising demand for precious metals as a safe haven.

Competition Commission of India has sought inputs from the civil aviation ministry to ascertain if air carriers acted in unison to jack-up airfares.

Airfares have dropped after soaring in November but will continue to be volatile a while.

According to the latest figures from Society of Indian Automobile Manufacturers, sales for the month grew only 17.8% year-on-year, comapred to October's 45%.

The country's second largest car maker Hyundai Motor India reports a 12 per cent jump in domestic sales for November at 31,540 units.

The Indian equity market, which reported its largest weekly fall for the week-ended November 26, is being cited as a major reason for correction in the yellow metal.

New business models take root - and some flourish - as more and more companies seek to tap into the demand among the unwealthy millions.

Diversified investments in healthy sectors have helped MONEY TODAY-Value Research Lifestage Model Fund Portfolios earn steady returns in an erratic market.

The second quarter results for 2010-11 indicate that the Indian markets have bounced back, with most companies exceeding analysts' expectations.

Gold also moved up Rs 70 to Rs 20,430 per 10 grams on rising jewellery demand, reaching nearer to its record level of Rs 20,600 per 10 grams, set on November 11.