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Gold futures rise to Rs. 26,812 per 10 g...

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the global market. At the Multi Commodity Exchange, gold for delivery in February moved up by Rs. 228 or 0.86 per cent to Rs. 26,812 per 10 grams in... read more »

Brent holds above $60, but heads for fif...

Brent holds above $60, but heads for fifth weekly drop

SINGAPORE – Brent crude futures held above $60 (39 pounds) a barrel on Friday as strong U.S. economic data supported the market, but oil prices were on track for their fifth straight weekly decline with a building supply glut and weak Japanese import data capping gains. On the supply side, data... read more »

Reliance Infra fall on reports about power tariff cut
Reliance Industries inks shipping deal w...

Reliance Industries inks shipping deal with Mitsui OSK Lines

Billionaire Mukesh Ambani-run Reliance Industries Ltd (RIL) on Thursday sealed a long-term agreement with Japan’s biggest shipping company Mitsui OSK Lines for transportation of liquefied ethane from North America to the Gujarat coast. Mitsui will manage six very large ships for carrying... read more »

Snapdeal partners with India Post to hel...

Snapdeal partners with India Post to help artisans sell products online to ...

E-marketplace operator, Snapdeal.com launched a pilot with India Post to set-up facilitation desks at Varanasi post offices to enable local weavers sell through its platform thus providing access to millions of Indians who aspire to own traditional Banarasi weaves. Through this association, weavers... read more »

More from Business

Alibaba’s IPO biggest-ever globally after additional shares sold: Source

HONG KONG: Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the... read more »

Tech Mahindra aims to clock USD 5 billion revenues by FY17

Tech Mahindra, India’s fifth largest software services exporter, is on track to become a USD 5 billion dollar company by fiscal 2017, a top company executive said today. “So far... read more »

ONGC to begin oil production from KG-5 block in 2019

State-owned ONGC’s significant oil discovery in Bay of Bengal will begin production in 2019, with a peak output of 4.5 million tonnes a year, 20% more than previous estimates. The oil... read more »

RBI warns of rising tide of NPAs

Jan Dhan or hawala dhan? Modi should heed RBI’s warnings on his pet scheme

Several crores of bank accounts across the country that opened within days under Prime Minister Narendra Modi’s flagship financial inclusion programme Jan Dhan Yojana could act as... read more »

Alibaba’s Big Debut, 10 Things to Know

New York: China’s e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made... read more »