Business

October 9, 2020 5:53 PM

RBI to discontinue system-based automatic caution-listing of exporters

In an effort to provide flexibility to exporters in the realisation of export proceeds, the Reserve Bank has decided to discontinue the system-based automatic caution-listing of exporters.   Addressing a virtual press conference today, RBI Governor Shaktikanta Das said the decision will also empower...

October 9, 2020 2:39 PM

Centre permits export of Bangalore Rose Onions & Krishnapuram Onions

Union Government has permitted export of Bangalore Rose Onions and Krishnapuram Onions of up to ten thousand metric tonnes each.   It has been allowed for the period upto 31st of March next year.   Commerce Minister Piyush Goyal has said, the decision is aimed at empowering farmers and increasing th...

October 9, 2020 7:46 AM

Gold prices in Delhi rise Rs. 82 to Rs. 51,153 per 10 grams

Gold prices in the national capital today rose Rs. 82  to Rs. 51,153  per 10 grams tracking gains in the global market. Silver also gained Rs. 1,074 to Rs. 62,159 per kilogram. In the international market, gold quoted with gains at 1,891 US dollars per ounce and silver also rose marginally to 24 dol...

October 8, 2020 6:42 PM

Oil prices rise as Hurricane Delta approaches US Gulf of Mexico

Oil prices today rose as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta. However, fuel demand concerns persisted amid low chances of a stimulus deal and a build in crude inventories in the U.S. In intra-day trade, Brent crude prices were trading around 42 dollars and ...

October 8, 2020 5:55 PM

Rupee settles 9 paise higher at 73 against US dollar

The rupee strengthened by nine paise to close at 73 rupees and 24 paise against the US dollar. The domestic unit logged appreciation supported by positive domestic equities and weak American currency.  This is the second consecutive session of gain for the rupee. Meanwhile, the dollar index, which g...

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