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Gold regains Rs 28,000 mark on seasonal ...

Gold regains Rs 28,000 mark on seasonal demand, global cues

Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on Monday. The precious metal rose to Rs 28,080 per ten grams largely on the back of sustained buying by jewellers and... read more »

Sensex breaches 28,900-mark; Nifty at 8,...

Sensex breaches 28,900-mark; Nifty at 8,730.45

The BSE Sensex breached the 28,900-mark and the NSE Nifty touched a new peak of 8,730.45 in early trade on Wednesday on sustained fund inflows, driven by the encouraging corporate earnings coupled with pre-budget optimism among participants. Rising for the fifth straight day, the 30-share index... read more »

Gilead licences Strides to make, distrib...

Gilead licences Strides to make, distribute AIDS drug in 112 countries

U.S. pharmaceutical major Gilead Sciences has signed a licensing agreement with Bengaluru-based Strides Arcolab, under which Gilead has extended non-exclusive rights to Strides to make and distribute Tenofovir Alafenamide (TAF), both as a single agent product and in combination with other... read more »

World Bank to commit $1 billion in clean...

World Bank to commit $1 billion in clean India programme

World Bank today said it will commit $1 billion in the government’s Swachh Bharat (Clean India) campaign. World Bank’s country director in India Onno Ruhl said the World Bank is considering considerable large sums of financing for that. “The government has asked us at the highest... read more »

More from Business

Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike

The Delhi Electricity Regulatory Commission or DERC has withdrawn the power tariff hike of up to seven per cent in the national capital which was announced last night, according to the... read more »

Reliance Infra exits Mumbai Metro Phase II, blames govt for not meeting promises

Mumbai: Blaming the Maharashtra government for “non-fulfilment of certain critical obligations”, Reliance Infrastructure (RInfra) today walked out of the contract to develop the... read more »

Centre may go for partial rollback of bulk diesel prices : PS Vivek Rae

Excise duty on petrol, diesel hiked, prices not to rise

To boost the exchequer’s finances and help contain fiscal deficit — the amount of money that the government borrows to fund its expenses — the Centre on Thursday hiked the excise duty... read more »

Appetite for jewellery boosts India gold demand: WGC

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for the wedding season, an industry body... read more »

Flipkart to raise fresh funds at $10 billion valuation

MUMBAI: India’s largest online commerce player Flipkart is in the market to raise anywhere between $500 million and $1 billion in a fresh financing round, valuing the company at an eye-popping... read more »