Business

August 26, 2022 7:14 PM

Gold prices fall Rs 250 at Multi Commodity Exchange for October contracts

Gold prices on Friday fell 250 rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 51,450 rupees per 10 gram. While silver prices up 315 rupees to trade at 55,700 rupees per kilogram for September Contracts when reports last came in. In the New York Mercantile...

August 23, 2022 2:35 PM

UK record its biggest fall since 1709; GDP fell by 11.0 per cent in 2020

The United Kingdom has recorded its biggest fall in output in more than 300 years in 2020 due to COVID-19 pandemic, according to Office for National Statistics(ONS). The Office for National Statistics in a statement yesterday said that Gross Domestic Product (GDP) fell by 11.0 per cent in 2020. Acco...

August 22, 2022 2:27 PM

Government clarifies there is no plan to levy any charges for UPI services

Government has clarified that there is no plan to levy any charges for UPI services. In a series of tweets, Finance Ministry said, UPI is a digital public good with immense convenience for the public and productivity gains for the economy. The clarification came amid some reports that there may be p...

August 21, 2022 10:21 PM

No plan to levy charges on UPI, clarifies Finance Ministry

Government has clarified that there is no any plan to levy any charges for UPI services.  In a series of tweets, Finance Ministry said, UPI is a digital public good with immense convenience for the public and productivity gains for the economy. The clarification came amid some reports that there may...

August 21, 2022 8:26 AM

Mineral production records 7.5% growth in June

The mineral production in the country recorded 7.5 percent growth in June this year. The index of mineral production of mining and quarrying sector for June 2022 was at 113.4, which is 7.5 percent higher as compared to the level in June last year. As per the provisional figures of Indian Bureau of M...

August 20, 2022 4:36 PM

US stocks fall even as Treasury yields gain

U.S. stocks fell even as Treasury yields gained on Friday, with traders anxious about inflation and the action of Federal Reserve regarding it. The Dow Jones Industrial Average fell 0.86 percent , to 33,706, the S&P 500 lost 1.29 percent to 4,228 and the Nasdaq Composite dropped two percent ...

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