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Cognizant to hire more in US, optimise w...

Cognizant to hire more in US, optimise workforce

Chennai: US-headquartered Cognizant Technology Solutions (CTS), which has over a third of its workforce in India, has said it will rationalise its cost structure by bringing the employee base in line with demand. The company intends to ramp up hiring in the US while reducing dependence on the H-1B... read more »

View: Indian diplomacy rises above the s...

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 Space Research Organisation delivering on the prime minister’s promise of a South Asia Satellite (SAS),... read more »

NPA framework: Ordinance to empower RBI ...

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 several past weeks, Finance Minister Arun Jaitley has been hinting at this legal empowerment of the central bank to... read more »

President Pranab Mukherjee signs ordinan...

President Pranab Mukherjee signs ordinance empowering RBI to act directly a...

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 promulgation of the Banking Regulation (Amendment) Ordinance by the President, which empowers the Reserve Bank of... read more »

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Economy

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, on the back of the recent state election... read more »

Capital goods stocks drop

Sensex trades flat during pre-noon session

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... 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 »

Obama pushes for extension of unemployment benefits

Obama pushes for extension of unemployment benefits

Washington – President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to... read more »

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Investing

With gold prices falling, jewellers increase inventory levels

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 India in the last two months ahead of... read more »

Appetite for jewellery boosts India gold demand: W...

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... 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 »

Gold, silver likely to trade lower; copper may rise

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 wherein... 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 »

Subscribe to Gold & Metals

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

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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 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... read more »

Crude oil futures plunge Rs 68 on weak Asian cues

NEW DELHI: Crude oil futures fell sharply by Rs 68 to Rs 2,990 per barrel on Thursday as speculators reduced bets amid a weakening trend in Asian trade. At Multi Commodity Exchange, crude... read more »

Idea gets shareholders nod to raise up to Rs 10,000 crore

Idea Cellular said its shareholders have approved to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches The... read more »

Uber a good brand, but its products not tuned to Indian customers...

While Uber is a good brand with good products, competitor Ola’s Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the Indian... read more »