Business
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Silver slips from record highs on profit booking; gold prices ease
Silver prices retreated from the record levels on Thursday, declining by Rs 751 to Rs 2,06,684 per kg in the futures trade, as traders booked profits amid weak global cues. On the…
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Not concerned about rupee at all: Economic Advisory Council to PM
New Delhi: Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed…
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RBI clears Paytm arm PPSL as payment aggregator for offline, cross-border transactions
New Delhi: Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL) has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee traded in a narrow range against the US dollar in early trade on Thursday as the support from fresh foreign fund inflows was negated by trade deal uncertainty and…
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Rupee recovers 55 paise from all-time low level to close at 90.38 against US dollar
Mumbai: The rupee recovered 55 paise from its all-time low level to close at 90.38 (provisional) against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.…
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Stock markets rebound in early trade after two days of decline
Mumbai: Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets. Steady buying activity by domestic institutional…
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Gold declines Rs 1,700 to Rs 1.35 lakh/10g; snaps 4-day record rally
New Delhi: Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global…
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Stock markets decline in early trade dragged by foreign fund outflows
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Tuesday as persistent foreign fund outflows and weak global market trends dented investors’ sentiment. The 30-share BSE Sensex declined 363.92 points…
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Elon Musk on way to becoming world’s first trillionaire
New Delhi: Tesla and SpaceX CEO Elon Musk has taken another step towards becoming the world’s first trillionaire, according to reports. With his company SpaceX reportedly launching a tender offer, valuing the…
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Asian shares slip after Wall Street logs its worst day in 3 weeks
Bangkok: Shares fell Monday in Asia as China reported investment fell in November in the latest signal that demand in the world’s second largest economy remains weak. The retreat followed a dismal…
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Rupee slumps 29 paise to close at all-time low of 90.78 against USD
Mumbai: The rupee on Monday crashed to its lowest-ever level of 90.80 before settling at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over…
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Delhivery launches on-demand intra-city shipping service in Hyderabad
Mumbai: Logistics operator Delhivery on Monday announced the launch of its on-demand intra-city shipping service to offer pickups within 15 minutes of booking on its app for customers in the country’s financial…
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Gold soars Rs 4,000 to hit Rs 1,37,600/10g in Delhi market
New Delhi: Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the…
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India’s exports rise 19.37 pc in Nov; trade gap shrinks to 5-month low
New Delhi: India’s exports rebounded by 19.37 per cent to USD 38.13 billion in November after contracting in October, driven by higher shipments of engineering and electronics goods that helped bring down…
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WPI inflation rises in November
New Delhi: Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis,…
