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India’s Avenue Supermarts IPO over...

India’s Avenue Supermarts IPO oversubscribed 106 times

MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »

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India’s industrial output up 2.7 p...

India’s industrial output up 2.7 percent in January

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

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Volkswagen, Tata Motors plan to cooperat...

Volkswagen, Tata Motors plan to cooperate in India

NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata Motors to jointly develop auto components and vehicles for the Indian subcontinent and beyond. ... read more »

Gold ETFs witness outflow of Rs 363cr in...

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. The Gold ETFs witnessed a net outflow of Rs 363 crore in the first five months (April-August) of... read more »

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Gold & Metals

Gold Edges Towards 12-Week High on Safe-Haven Demand

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil prices and worries over global economic growth hit... read more »

Gold firm ahead of US nonfarm payrolls report

SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to... read more »

India not planning further curbs on gold imports –...

India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said on... read more »

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knock sto...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension between... read more »

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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... 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 jewellers and retailers. Silver also... read more »

Gold futures gain 0.15% on firm global cues

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 overseas. At the Multi Commodity... read more »

Government cuts import tariff on gold and silver

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 first fortnight of the... read more »

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

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 Rs200 to Rs36,000 per kg in Delhi bullion... read more »