2:02 am - Thursday January 24, 2019

Business

Latest News on Business
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 »

Subscribe to Economy

Economy

India will never compromise on food security: Anand Sharma

India will never compromise on food security: Anand Sharma

New Delhi – After having successfully reached through consensus a trade agreement at the WTO meet, held in Indonesia, India will never compromise on the fundamental issues pertaining to food... read more »

Sensex trades flat during pre-noon session

Sensex trades flat during pre-noon session

Mumbai – A benchmark index of Indian equ! ities markets was trading flat at 80.51 points or 0.39 percent up during the pre-noon trade... read more »

RBI-reference rate for US dollar, euro

RBI-reference rate for US dollar, euro

 The Reserve Bank of India on Monday fixed the reference rate of rupee against U.S. dollar at 62.1024 and the euro at 85.4284 as against 62.1266 and 85.4135... read more »

Sensex closes 50 points down; oil and ! gas stocks down

Sensex closes 50 points down; oil and ! gas stocks down

Mumbai – A benchmark index of Indian equities markets ended Monday’s trade 50 points or 0.24 percent down, as inflation data dashed any hopes of... read more »

Sensex trades flat during early session

Sensex trades flat during early session

Mumbai – A benchmark index of Indian equities markets was trading flat at 1.10 points or 0.01 percent down in the early morning trade Monday. Selling... read more »

Subscribe to Investing

Investing

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas. Silver, however, found fresh buying... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knoc...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension... read more »

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... read more »

Gold steady at Rs 27,000 on scattered buying; silver re...

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However,... read more »

Gold prices fall by 0.21 per cent in futures trade on g...

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their... read more »

Subscribe to Gold & Metals

Gold & Metals

Gold gains 230 on global cues, seasonal demand

Snapping its nine-day losing streak, gold prices recovered by Rs. 230 to Rs. 28,260 per 10 grams in the national capital on Tuesday on a firming trend overseas and emergence of buying by jewellers... read more »

Gold trading outlook: futures lower as dollar rise...

Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier... read more »

Gold remains weak on sluggish demand; silver ends lower

NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in... read more »

Gold futures decline to Rs. 28,420 per 10 gm; silver do...

NEW DELHI, AUG 18:   Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by... read more »

Gold demand drops 16% led by declines in India to China

London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes... read more »

More from Business

twocol-thumb.jpg

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... read more »

twocol-thumb.jpg

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... read more »

twocol-thumb.jpg

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 »

twocol-thumb.jpg

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 for... read more »