Business

May 4, 2021 8:36 PM

Gold, Silver prices jumps in Delhi's bullion market

Gold gained Rs. 97, to Rs. 46,758 per 10 grams at Delhi's bullion market.   Silver jumped Rs. 1,282, to Rs. 70,270 per kilo.   In the international market, gold was trading marginally lower at 1,788 dollars per ounce and silver was flat at 26.90 dollars per ounce.  

May 4, 2021 8:35 PM

Crude oil prices dip amid surging COVID-19 cases

Global crude oil prices dipped today, after more US states eased lock-downs and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as COVID-19 cases soar.   So, Brent crude futures shot up 1 dollar and 30 cents, to trade at 68.86 dollars a barrel.  ...

May 4, 2021 8:34 PM

Global equity markets, Asia Pacific end mixed

In global equity markets, Asia Pacific ended mixed today.   So, Hong Kong's Hang Seng index climbed 0.7 percent, South Korea's Kospi index rose 0.6 percent but Singapore's Straits Times index fell 0.2 percent.   Stock markets in Japan and China were closed for a holiday.  ...

May 3, 2021 7:56 PM

Global equity markets, Asia Pacific end lower

In global equity markets, Asia Pacific ended lower today.   So, Hong Kong's Hang Seng index declined 1.3 percent; Singapore's Straits Times index dropped 1 percent and South Korea's Kospi index fell 0.7 percent.   Stock markers in Japan and China were closed for a holiday,...

May 2, 2021 7:39 PM

Will try to keep interest rate benign for as long as possible: SBI chief

State Bank of India will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said.   On the impact of the second wave of COVID-19 on non-performing assets of the bank, the SBI chief said that as the lockdown was...

May 2, 2021 6:18 PM

FPIs turn net sellers after 6 months; withdraw Rs 9,659 crore in April

Snapping their six-month buying spree, foreign funds turned net sellers in April and pulled out 9,659 crore rupees from domestic equities. According to data available with depositories, Foreign Portfolio Investors withdrew a net sum of 9,659 crore rupees from domestic equity markets in April.   This...

May 2, 2021 6:14 PM

Hero MotoCorp reports 35% slump in sales in April

The country's top two-wheeler maker Hero MotoCorp's montly sales in April slumped 35 percent, to 3.72 lakh units, from 5.77 lakh units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets...

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