12:06 am - Tuesday September 22, 2020

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Paytm Payments Bank books Rs 30-cr loss ...

Paytm Payments Bank books Rs 30-cr loss in 7 months.

Paytm Payments Bank incurred losses of Rs 30.7 crore between August 2016 and March 2017 of FY17, the firm has said in its filing to Registrar of Companies (RoC). The company, however, is not considering this as losses but as operational costs, as it happened before the payments bank started... read more »

Market Live: Sensex gains over 150 pts, ...

Market Live: Sensex gains over 150 pts, Nifty firmly above 9900 ahead of RB...

12:40 pm Gold update: Gold prices were higher by Rs 61 to Rs 29,416 per 10 gram in futures trade as speculators widened their bets taking positive cues from the global market. At Multi Commodity Exchange, gold for delivery in October was up by Rs 61 or 0.21 percent to Rs 29,416 per 10 gram in... read more »

Ola raises $2 billion from Softbank, Ten...

Ola raises $2 billion from Softbank, Tencent, other investors.

Chinese internet giant has concluded a USD 2 billion fund raising from Tencent, Japan’s SoftBank and other US-based investors, according to multiple news reports. Tencent has concluded a $400 million investment in the Indian cab aggregator, according to a report in The Economic Times. The... read more »

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 »

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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 Falls by Rs 45 to Rs 27,265 on Sluggish Demand

New Delhi: In a mixed pattern of trading, gold prices declined by Rs 45 to Rs 27,265 per 10 grams at the bullion market on Monday, owing to slackened demand from jewelers at prevailing levels even... read more »

Gold, silver prices rise on brisk buying, global cues

NEW DELHI: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per... read more »

With gold prices falling, jewellers increase inventory ...

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in... 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... read more »

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... read more »

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Gold & Metals

Gold, silver prices rise on brisk buying, global cues

Gold, silver recover on fresh demand

Gold prices recovered by Rs 25 to Rs 28,475 per 10 grams in the national capital on Monday on fresh buying by jewellers and retailers amid a firm global trend. Silver also moved up by Rs 250 to Rs... read more »

Gold extends gains on safe-haven bids

Gold prices on Friday rose further by Rs. 150 to Rs. 28,500 per ten gram in the national capital, tracking robust international markets as investors... read more »

High gold imports poop exports party biz

The yellow metal is back to haunt the economy with gold imports in June jumping 65.13 per cent to $ 3.12 billion from $1.88 billion in the same month last... read more »

Gold falls 0.3% on weak global cues

Gold futures fell 0.35% to Rs 28,269 per 10 grams today as speculators locked-in gains amid a weak global trend. At the Multi Commodity Exchange, gold for... read more »

Gold, silver extend gains on sustained buying

Gold, silver prices rise on brisk buying, global cues

Gold prices rose further by Rs 75 to Rs 28,200 per 10 grams on Thursday, extending Wednesday’s gains in New Delhi on increased buying by jewellers and... read more »

More from Business

View: Indian diplomacy rises above the stratosphere

With imaginative use of India’s low-cost space capability, Prime Minister Narendra Mod has improved India’s none-too-smooth relations in the South Asian neighbourhood, with the Indian... read more »

NPA framework: Ordinance to empower RBI actually gives more teeth to govt

The Presidential Ordinanceempowering the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs) of banks should hardly come as a surprise. For... read more »

President Pranab Mukherjee signs ordinance empowering RBI to act directly against top loan...

President Pranab Mukherjee has approved an ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India to act directly against top loan defaulters. With the... read more »

Baba Ramdev’s MNC-bhagao plan includes Patanjali fast food chain; Ramdeo Baba expand...

Baba Ramdev, the yoga guru and promoter of home-grown FMCG company Patanjali Ayurveda, has in the past been vocal about taking the deep-pocketed multinational foreign companies operating... read more »

Top NRI Realty Investment Destinations

Top NRI Realty Investment Destinations

The Nonresident Indian`s (NRI) investment in real estate is a big boost to the struggling reality sector. In the past, the NRI population primarily bought homes, where they would eventually settle... read more »