6:48 pm - Thursday March 28, 2024

Business

Latest News on Business
RCom-Aircel Merger Called Off Due to ...

RCom-Aircel Merger Called Off Due to ‘Regulatory’ Hurdles.

Reliance Communications, which is reeling under a debt of about Rs 46,000 crore, Sunday called off merger talks with Aircel, citing “legal and regulatory” delays and outlined an alternative plan for debt reduction by selling real estate as well as tower and fibre... read more »

4 Main Reasons for Rejection of Your Bus...

4 Main Reasons for Rejection of Your Business Loan and How to Fix Them?

“You are rejected”— these three words are enough to panic you! Whether it’s a job, love proposal or a business loan, rejection hurts, and it hurts badly. While we can do little in case of job or love proposal rejection, we can help you with your business loan rejection. In case of a... read more »

5 Signs You Need to Make a Switch to LED...

5 Signs You Need to Make a Switch to LED Luminaires

LED lights are the lighting choice of the future and industries across the globe are adopting this technology at a fast pace. The lighting industry is witnessing a major overhaul, and this is all due to LED lights. As an efficient lighting solution, LED lights can fulfil every lighting role... read more »

When Should You Start Investing For Your...

When Should You Start Investing For Your Child’s Education?

The answer is As soon as possible. Remember, Farhan Qureshi of the 3 Idiots movie? His father, Mr. Qureshi wanted him to become an engineer and he even started planning from the day his son was born. Though we don’t want to discuss the senior’s Qureshi career choice, i.e.; engineering and... read more »

Subscribe to Economy

Economy

RBI buying dollars in spot market & selling it in forward market to stabilise rupee

Why no rate hike, The Reserve Bank of India asks banks

Mumbai – The Reserve Bank of India has asked banks why they have not raised interest rates despite the central bank hiking policy rates twice since September 2013. The central bank has also... read more »

Finance Minister P Chidambaram takes a dig at Gujarat Chief Minister Modi for giving lesson in economy

Inflation: No quick fix, will take time to fix it,...

Finance Minister P. Chidambaram said that there are changes in the global perception about India, its tax policies and tax administration. He also... read more »

Sensex surges 233 points during pre-noon session

Sensex surges 233 points during pre-noon session

Mumbai – A benchmark index of Indian equities markets surged 232.92 points or 1.13 percent in the pre-noon session Friday. All the sectors were trading... read more »

Brazil raises $71 mn in gas exploration auction

Brazil raises $71 mn in gas exploration auction

Rio de Janeiro – The Brazilian government Thursday raised $71 million in revenue by auctioning a series of natural gas exploration blocks around the... read more »

Rupee falls 27 paise to 62.41 on month-end dollar deman...

Rupee falls 27 paise to 62.41 on month-end dollar demand

The rupee fell for the first time in five days and ended 27 paise lower at 62.41 against the dollar on Thursday on month-end demand from oil importers for the... read more »

Subscribe to Investing

Investing

Gold remains weak on sluggish demand; silver ends lower

NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in the national capital today due to... read more »

Gold futures decline to Rs. 28,420 per 10 gm; silv...

NEW DELHI, AUG 18:   Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and... read more »

Gold demand drops 16% led by declines in India to China

London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes... read more »

Gold price to remain range-bound

Gold price retreated on Saturday after scaling a monthly high of Rs.28,585 per 10 gram in Mumbai on Friday. The yellow metal reacted on unwinding by stockists... read more »

Gold climbs Rs. 300 on seasonal buying, firming global ...

Gold, silver prices rise on brisk buying, global cues

Continuing its rising streak, gold prices flared up by Rs. 300 to Rs. 28,800 per ten gram in the national capital on Thursday on sustained buying by jewellers... read more »

Subscribe to Gold & Metals

Gold & Metals

Gold futures rebound from two-month low, Rs. 28,770 per 10 gram

Gold prices down by Rs 100 on weak global cues, silver recovers

Gold prices fell by another Rs 100 to Rs 30,240 per 10 grams in the national capital. On the other hand, silver rose by Rs 200 to Rs 41,900 per kg on increased industrial demand. Traders said... read more »

Gold remains below $1,300 on easing Ukraine concer...

SINGAPORE (Reuters) – Gold was trading below $1,300 an ounce on Thursday, steadying at weaker levels after a fall of more than 1 percent in... read more »

Gold advances on marriage season buying, global cues

Gold prices rose further by Rs. 50 to Rs. 30,750 per ten gram in the national capital on Wednesday on sustained buying by stockists to meet ongoing marriage... read more »

Gold prices rise in futures trade on global cues

Gold, silver prices rise on brisk buying, global cues

Gold prices rose 0.35 per cent to Rs 28,481 per 10 grams in futures trade as speculators created fresh positions after the precious metal climbed to over... read more »

China may have 1,000 tonnes of gold tied in financing :...

Singapore – Chinese firms could have locked up as much as 1,000 tonnes of gold in financing deals, an industry report said, indicating a big slice of... read more »

More from Business

twocol-thumb.jpg

U.S. extends leniency programme for companies that disclose bribery

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when employees may have paid bribes, a... read more »

twocol-thumb.jpg

Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many... read more »

twocol-thumb.jpg

Crunch week as Fed meets on rates, Trump team joins G20

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or... read more »

twocol-thumb.jpg

Some bank bulls grow wary on policy uncertainty

(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and... read more »

archive-wide-1-thumb.jpg

State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a... read more »