3. At the Multi Commodity Exchange counter, gold for June- month delivery surged by Rs 132 to hit a record high of Rs 20,007 per ten gram, with a volume of one lot.
4.
5. RBI rate hike seen after September inflation rises to 8.62% The annual rate of inflation based on the revamped wholesale price index based rose to 8.62% in September from 8.51% in August. The central bank has already raised policy rates by 125 basis points in five equal amounts this calendar and was expected to pause, but sticky inflation could force it to continue with monetary tightening. RBI may lift rates by 25 bps in its November 2 policy review.
6. CWG a hit, but probe graft: TOI poll England , Australia and Scotland were close to pulling out of the Games over security fears and the Village mess, but the intervention of Delhi CM Sheila Dikshit led to a change of heart. 88% say India now a sporting nation’ The rich medal haul and India finishing second to Australia in the tally of gold medals have clearly captured the imagination of many.
7. CONTD……… 88% expressed the view that India has arrived as a sporting nation estimate that sport buffs may not yet share. The success of the Games also seems to have whetted the appetite for more such mega sporting events. When asked if India should now make a bid for the Olympics in 2020, 82%. The most common response—voiced by 33% of those polled—was poor infrastructure .
![Gold futures hit crucial 20k-level first time on global cues ,[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)