7:06 pm - Sunday July 21, 2019

Business

Latest News on Business
small-archive-featured-thumb.jpg
State-owned carrier Air India understate...

State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »

small-archive-featured-thumb.jpg
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 »

small-archive-featured-thumb.jpg
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 »

small-archive-featured-thumb.jpg
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 »

Subscribe to Economy

Economy

Brazil raises $71 mn in gas exploration auction

Brazil raises $71 mn in gas exploration auction

Rio de Janeiro – The Brazilian government Thursday raised $71 million in revenue by auctioning a series of natural gas exploration blocks around the country, authorities said. The National... read more »

Rupee falls 27 paise to 62.41 on month-end dollar demand

Rupee falls 27 paise to 62.41 on month-end dollar ...

The rupee fell for the first time in five days and ended 27 paise lower at 62.41 against the dollar on Thursday on month-end demand from oil... read more »

6% GDP growth next fiscal, better 2nd half in 2013-14: ...

6% GDP growth next fiscal, better 2nd half in 2013-14: Montek

Hyderabad – Exuding confidence that economy will be back on high growth trajectory, Plan panel Deputy Chairman Montek Singh Ahluwalia on Wednesday said... read more »

Rupee down 26 paise against dollar in early trade

Rupee down 26 paise against dollar in early trade Rupee down 26 paise against dollar in early trade

The rupee on Thursday weakened by 26 paise to 62.40 against the US dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the... read more »

Sensex trades flat during pre-noon session

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A benchmark index of Indian equities markets was trading flat at 34.33 points or 0.17 percent down in the pre-noon session Wednesday. Good... read more »

Subscribe to Investing

Investing

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... 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 »

Subscribe to Gold & Metals

Gold & Metals

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S. economy continues to recover from a winter... read more »

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

Gold demand in India to rise in H2 as import curbs...

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and... read more »

Gold down by Rs 100 on weak global cues; silver recover...

Gold And Silver : 2014

NEW DELHI: Gold prices on Monday fell by another Rs 100 to Rs 30,240 per 10 grams in the national capital on selling by stockists in tandem with a weak global... read more »

More from Business

Will Alibaba crash impact Indian e-commerce valuation?

NEW DELHI: When Alibaba listed on NYSE a year ago, it created history with the highest share sale value, making the Chinese e-commerce giant valued at around $230 billion. A year on, the... read more »

Pfizer to sell Thane plant to Vidhi Research for Rs 178 crore

Drug firm Pfizer has said it has entered into a business transfer agreement to sell its Thane plant as a going concern to Vidhi Research and Development LLP for Rs 178 crore. In a BSE... read more »

Sterlite Technologies acquires Elitecore Tech for Rs 180-crore

NEW DELHI: Sterlite TechnologiesBSE 2.23 % today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom... read more »

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 former’s... read more »