Business

December 27, 2016 4:41 PM

Gold bounces from 11-month low, regains Rs 28,000 on global cues

Gold surged 475 rupees, to 28,025 rupees per ten grams, at Delhi's bullion market, today, on fresh buying by local jewellers amid positive global cues. Silver climbed 550 rupees, to regain the 39,000-mark, to 39,150 rupees per kilo on increased offtake by industrial units. Silver coins trad...

December 27, 2016 2:07 PM

Jaitley takes stock of demonetisation drive with bankers

Finance Minister Arun Jaitley took stock of the demonetisation drive at a meeting in New Delhi yesterday with Indian Banks' Association Chief and heads of key banks including State Bank of India and Punjab National Bank. The meeting assumes significance as the restrictions imposed by the go...

December 27, 2016 2:07 PM

Black money holders to bear taxes, penalties amounting to over 137% post raids

Black money holders will have to bear taxes and penalties amounting to over 137 per cent if they do not admit to or fail to explain the source of undisclosed income after being raided. The Income Tax department, in a release, said, the total levy can touch 107.25 per cent if the undisclosed income i...

December 27, 2016 7:12 AM

Gold slumps to 11-month low of Rs 27,550 on weak demand

Gold slumped 250 rupees, to hit over 11-month low of 27,550 rupees per ten grams at Delhi's bullion market yesterday, on weak demand from jewellers. Silver also fell 210 rupees, to 38,600 rupees per kilo on reduced offtake by industrial units and coin makers. Silver coins remained unchanged...

December 27, 2016 7:10 AM

Manipur blockade: Pradhan directs oil firms to take measures to ease situation

Petroleum Minister Dharmendra Pradhan has reviewed the stock position of petroleum product in Manipur and directed oil marketing companies to take all possible remedial measures to ease out the situation.An official release said, in view of the economic blockade imposed by United Naga Council on veh...

December 27, 2016 6:55 AM

Digi Dhan Mela held in Gurugram to promote cashless transactions

Digi Dhan Melas are being organised across the country to promote cashless transactions and one such mela was organised in the outskirts of the national capital in Gurugram yesterday. It was the first such fair in the country outside Delhi post-demonetisation. Addressing the gathering, Haryana Chief...

December 26, 2016 10:13 PM

Digi Dhan fair held at Gurugram to promote cashless economy

Digi Dhan Melas are being organised across the country to promote cashless transactions. One such mela was today organised on the outskirts of the national capital in Gurugram. This was the first such fair in the country outside Delhi post-demonetisation for educating masses on how to use mobile pho...

December 26, 2016 10:10 PM

Gold slumps to 11-month low of Rs 27,550 on weak demand

Gold slumped 250 rupees, to hit over 11-month low of 27,550 rupees per ten grams at Delhi's bullion market today, on weak demand from jewellers. Silver also fell 210 rupees, to 38,600 rupees per kilo on reduced offtake by industrial units and coin makers. Silver coins remained unchanged at ...

December 26, 2016 4:37 PM

Gold slumps to 11-month low of Rs 27,550/10 g on weak demand

Gold slumped 250 rupees, to hit over 11-month low of 27,550 rupees per ten grams at Delhi's bullion market today, on weak demand from jewellers. Silver also fell 210 rupees, to 38,600 rupees per kilo on reduced offtake by industrial units and coin makers. Silver coins remained unchanged at ...

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