Business

November 26, 2018 4:59 PM

Sensex soars 373 points; Nifty closes at 10,629

Benchmark domestic stocks on Monday closed with gains amid positive global share markets. The Sensex at the Bombay Stock Exchange bounced back 373 points, or 1.1 per cent to regain 35,000 mark to end at 35,354. The Nifty at National Stock Exchange also surged 102 points, or 0.97 per cent, to 10,629....

November 24, 2018 8:54 AM

Government decides to set up domestic Gold Council in India

The Government has decided to set up a domestic Gold Council in India. Commerce and Industry Minister Suresh Prabhu said this while inaugurating the 2nd Edition of India Gold and Jewellery Summit in New Delhi today. Mr Prabhu underlined the need for an integrated Gold policy to address all the issue...

November 23, 2018 5:54 PM

Oil prices hit year low

Oil prices on Friday fell to their lowest this year, on course for their biggest one-month decline since late 2014 when OPEC opted to pump as much crude as it could to gain market share and sent prices on a near-unbroken two-year slide. Brent crude prices, in intra day trade today, were trading arou...

November 23, 2018 5:00 PM

Gold prices fell by Rs 90 to Rs 31,950 per 10 gram

Gold prices declined by 90 rupees to 31,950 rupees per 10 gram at the bullion market today due to weak global trend and fading demand from local jewellers. Silver too declined by 200 rupees to 37,800 rupees per kg due to reduced off take by industrial units and coin makers. Globally, gold prices fel...

November 22, 2018 8:46 PM

Sensex closes at 34,981; Nifty closes at 10,763

The Sensex gave up all its early gains and ended lower for the third straight session by falling over 200 points due to selling in metal, PSU, auto and banking stocks. However the rupee witnessed a big jump of 77 paise against the US dollar amid ease in brent crude prices. The Sensex at the Bombay S...

November 16, 2018 5:24 PM

Gold falls to Rs 32015; silver holds steady at Rs 37900

Gold prices today fell by 235 rupees to 32,015 rupees per 10 gram at Delhi bullion market on muted demand from local jewellers amid appreciating rupee.  Silver, however, held steady at 37,900 rupees per kg on scattered enquiries from industrial units and coin makers. Traders said fall in demand from...

November 15, 2018 8:47 PM

Exports grow by 17.86 per cent in Oct

India's exports grew by 17.86 per cent to 26.98 billion dollar in October this year.  Commerce Ministry, in the release, said, India's exports stood at 22.89 billion dollar in October last year. The sectors which recorded healthy growth includes petroleum, engineering, chemicals, p...

November 15, 2018 8:38 AM

Wholesale inflation rises to four-month high of 5.28% in October

Inflation based on wholesale prices,WPI rose  to a four-month high of 5.28 per cent in October.The Wholesale Price Index based inflation stood at 5.13 per cent in September and 3.68 per cent in October last year.  According to the government data released today,  the hike is mainly due to spike in p...

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