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A worker holds a fuel nozzle at a petrol pump in Mumbai
Crude oil futures plunge Rs 68 on weak A...

Crude oil futures plunge Rs 68 on weak Asian cues

NEW DELHI: Crude oil futures fell sharply by Rs 68 to Rs 2,990 per barrel on Thursday as speculators reduced bets amid a weakening trend in Asian trade. At Multi Commodity Exchange, crude for delivery in October month contracts dropped Rs 68 or 2.22 per cent to Rs 2,990 per barrel in 187 lots.... read more »

Idea gets shareholders nod to raise up t...

Idea gets shareholders nod to raise up to Rs 10,000 crore

Idea Cellular said its shareholders have approved to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches The company, which held its 20th Annual General Meeting (AGM) on Monday, said all the items of business contained in the... read more »

Uber a good brand, but its products not ...

Uber a good brand, but its products not tuned to Indian customers’ ne...

While Uber is a good brand with good products, competitor Ola’s Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the Indian consumer. “Ola has a huge market leadership, which we are increasing as we go along because we are... read more »

Antrix told to pay Devas $672 million

Antrix told to pay Devas $672 million

The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An international tribunal has asked Antrix, a wholly-owned government entity under the Department of Space, to pay... read more »

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Doha Bank looking at setting up subsidiary in India

Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary in India, an top official of the bank today said. “Our long-term view is to set up... read more »


BRICS bank to start lending in local currency by A...

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member... read more »

Withdrawing Money From ATMs Outside Home Branch Network...


The Reserve Bank of India is considering if banks can charge a fee for using automated teller machines (ATMs) to withdraw money from outside the home bank... read more »

Rupee hits three-week high

Rupee down 12 paise on dollar demand

The rupee rises to 60.12/13 from 60.31/32 on Wednesday, after earlier rising as high as 60.09, a level last seen on April 10. USD/INR was under pressure as... read more »

indias $ 325 billion of exports Targe Will be not compl...


New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns (... read more »

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Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 2016

NEW DELHI: Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on account of the sluggish equity market trends.... read more »

Women look at jewellery at a shop in a gold market in Basra, southeast of Baghdad

Gold hovers near three-week high as equities slip

Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week... read more »

Gold tops Rs 27,000-mark on global cues, seasonal deman...

Women look at jewellery at a shop in a gold market in Basra, southeast of Baghdad

Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up... read more »

Gold surges by Rs.480 to reclaim Rs.27,000 mark


New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to... read more »

Gold Tumbles to More Than Five-Year Low, China Shares E...


Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal... read more »

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Gold & Metals


Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen in IT, consumer durables, teck and refineries... read more »

Gold, silver prices rise on brisk buying, global cues

Gold drops Rs 400, silver plunges by Rs 1,350

Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from... read more »

Gold futures gain 0.15% on firm global cues

Inside The Istanbul Gold Refinery As Gold Price Advances

NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend... read more »

Government cuts import tariff on gold and silver

Inside The Istanbul Gold Refinery As Gold Price Advances

NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the... read more »

Gold falls Rs 195 per 10 gram; silver down Rs200 per kg...


New Delhi: Taking weak cues from overseas markets and subdued demand from jewellers, gold on Tuesday plunged by Rs195 to Rs26,430 per ten gram and silver by... read more »

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Sensex surges 233 points during pre-noon session

Sensex Hits Record High of 23,048 Ahead of Exit Polls

The BSE Sensex surged over 700 points to a record high of 23,048 on Friday, while the broader Nifty also hit an all-time high of 6,871, rising over 200 points. Traders said markets are sensing a... read more »


Samvat 2069 ends on cheerful note at all-time clos...

Mumbai – The Samvat 2069 ended on a cheerful note with benchmark BSE Sensex on Friday settling at a new all-time closing high of 21,196.81 on... read more »

More from Business


Global stocks touch two-year low

In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex... read more »


India Up 16 Places to 55th on Global Competitiveness Index

Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in... read more »

rupee AP

Government slashes natural gas prices by 16% to $4.24 per unit

The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in... read more »


Nippon Life to hike stake in life insurance, mutual fund business: Ambani

MUMBAI: Bullish on growth prospects of his group’s financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of... read more »


Modi suddenly pressured to act after Raghuram Rajan cuts rates

New Delhi: Now that the Reserve Bank of India (RBI) governor Raghuram Rajan responded to government pressure with India’s biggest rate cut since 2009, it’s Prime Minister Narendra Modi’s turn... read more »