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The union government on Friday hinted that it would not allow the recently announced hike in natural gas prices to pass on in the form of increases in essential products like power and fertilizers.

Addressing a news conference in New Delhi on Friday, Union Finance Minister P. Chidambaram said that prices could be tweaked for power and fertilizer sectors.

Speaking on the topic, "Power has to be produced at an affordable price; fertilizer has to be produced at affordable prices. Those issues will be addressed."

Los Angeles, June 29 : Rapper Kanye West loves spending time with his newborn daughter North West, but he is not into changing her diapers.

The 36-year-old, who recently welcomed the little girl with partner Kim Kardashian, enjoys other things like holding his little girl and spending time with her, reports showbizspy. com.

"Kanye doesn't leave North for more than an hour, but he's not changing diapers," said a source.

Bullion prices continued to slide further on sell off by institutional investors and sent prices below $1,200 per ounce for the first time in nearly three years.  Gold futures were likely to find support at USD1,191.00 a troy ounce and resistance at USD1,300.55.  Gold prices are expected to go down today as weak investment demand can continue to put pressure on prices.  Over all, MCX Gold August future is in bearish trend and also sustaining around lower levels for entire week.  So for the coming week 24243/23719 will act as a major support whereas 25000/25550 will act as a major resistance level in MCX Gold August future.  F

The agitation at Bajaj Auto's premium motorcycle manufacturing Chakan facility will soon fade away as union leaders don't have a valid issue, Bajaj Auto MD Rajiv Bajaj said.

The ongoing agitation has forced the Chakan plant to remain closed for the last four days.

Mr. Bajaj said the union leaders were staging agitations without a valid, bona fide issue and that workers would soon return to work.

After falling to as low as $1,179.40 an ounce on early Friday, Gold futures rebounded to settle at slightly more than $1,223 a troy ounce on the New York Mercantile Exchange's (NYME's) Comex division on the last trading day of the week, month as well as quarter.

Gold for August delivery regained $12.10, or 1 per cent, to settle at $1,223.70 per troy ounce on the Comex division, after investors who had bet on lower prices closed out those bets on the June quarter's final trading day.

Global rating agency, Fitch Ratings has said that it has kept the top level credit rating of AAA for the United Sates unchanged.

The company also said that it holds the outlook for the world's largest economy at negative citing debt levels that could expose the country to higher risks if the authorities do not take steps to reduce deficit. IT said in a statement that the top rating of AAA shows strong economic and credit fundamentals of the American Economy.