4:22 pm - Wednesday December 13, 2017

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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 »

Global stocks touch two-year low

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 and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »

India Up 16 Places to 55th on Global Com...

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 India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of... read more »

Government slashes natural gas prices by...

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 October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »

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Economy

Bharti Airtel, Reliance Jio to share infrastructure

Bharti Airtel, Reliance Jio to share infrastructure

New Delhi – Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement u! nder which they will share... read more »

Sensex trades flat during early session

Sensex closes flat; capital goods stocks plunge

Mumbai – A key index of the Indian equities markets Tuesday closed flat as a result of profit bookings, a day after it rallied 329.89 points,... read more »

Sensex trades flat during pre-noon session

Capital goods stocks drop

Mumbai – A benchmark index of Indian equities markets! was trading flat at 82.18 points or 0.39 percent down in the pre-noon trade Tuesday. Good buying... read more »

Rupee rises 28 paise to 2-month high at 61.13 against d...

Rupee rises 28 paise to 2-month high at 61.13 against dollar

The rupee surged to its highest level in nearly four months in intra-day trade and fell back to close with a 28 paise gain at 61.13 against the dollar on... read more »

Air India asks employees on sabbatical to return to wor...

Air India asks employees on sabbatical to return to work or quit Air India asks employees on sabbatical to return to work or quit

Mumbai -: Five years after it had announced a sabbatical scheme for its staff to reduce the bulging salary bill, national air carrier Air India has asked the... read more »

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Investing

Gold, silver at multi-year lows on overseas cues

NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national capital today amid weak cues from global... read more »

Gold, silver likely to trade lower; copper may ris...

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities... read more »

Gold struggles on stronger economic data, higher equiti...

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the... read more »

Gold moves up by 0.55 pct on global cues

Tracking a firming global trend, gold prices rose 0.55 per cent to Rs 27,119 per ten gram in futures trade today as speculators enlarged positions. At the... read more »

Gold falls 0.23% on weak global cuesGold falls 0.23% on...

NEW DELHI: Gold futures fell 0.23 per cent to Rs 26,897 per 10 grams on Friday as speculators locked in gains amid a weak global trend. At the Multi Commodity... read more »

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Gold & Metals

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 by Rs.190 to close the week at... read more »

Gold, silver prices rise on brisk buying, global cues

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

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... read more »

Gold gains Rs. 110 on festive season demand, global cue...

Gold prices jumped by Rs. 110 to Rs. 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides,... read more »

Gold prices recover marginally; silver remains higher

NEW DELHI: Gold prices witnessed a modest rebound of Rs 45 to Rs 28,245 after declining for two days at the bullion market here on Thursday following renewed... read more »

Gold, silver extend losses on global cues, sluggish dem...

Gold remained under pressure for the second straight day and declined by Rs 100 to Rs 28,100 per 10 grams in the national capital on Friday on weak cues from... read more »

More from Business

Volkswagen unveils five-year investment plan to become world’s leading carmaker by 2018

Volkswagen emissions scandal spreads to Europe and threatens to embroil more models and ri...

The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The... read more »

Dr Reddy’s settles patent litigation on Kuvan tablets

he California-based BioMarin Pharmaceutical has entered into a settlement agreement with Dr Reddy’s Laboratories to resolve patent litigation in the US regarding Kuvan, the... read more »

Tata Steel raises Rs 4,000 cr via non-core asset sale

Tata Steel has raised more than Rs 4,100 crore through the sale of non-core assets so far this fiscal as part of efforts to strengthen its balance sheet and generate cash. The Mumbai-based... read more »

L&T Finance Holdings to get Rs 708 cr from Bain Capital

L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and... read more »

Why ONGC, Oil India Are Likely to Come Under Pressure

Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now... read more »