Govt to extend incentives to boost exports: Nirmala Sitharaman

The Government today said fall in India's exports have been arrested in May and now it is time to extend incentives to boost the overseas shipments. Commerce and Industry Minister Nirmala Sitharaman said, although the pick up in exports may be slow but the bottoming out has happened. The Mi...

Max Life, Max Fin Services to merge into HDFC Standard Life

In the biggest consolidation in the country's private insurance sector, Max Life Insurance and Max Financial Services will merge into HDFC Standard Life Insurance."The Board of Directors of HDFC Standard Life Insurance Company, Max Life Insurance Company Ltd, and Max Financial Serv...

Sugar shares fall by up to 10% on imposition of export duty

Sugar shares today fell sharply by up to 10 per cent after the government imposed 20 per cent customs duty on sugar exports. The Government yesterday imposed 20 per cent customs duty on sugar exports to boost domestic supply. The duty has been imposed to restrict exports following sharp rise in glob...

US Fed keeps rate unchanged

US Federal Reserve keeps its federal fund rate unchanged after concluding its two day meeting. Chair Janet Yellen said that the possibility of Brexit was one of the factors that led the US Federal Reserve to keep interest rates on hold. The US central bank also said it expected a slower path for fut...

India's CAD narrows sharply to USD 300 million on lower trade deficit

Gold hits Rs 30,000-mark on global cues, jewellers buying

Gold prices shot up Rs 580, to Rs 30,250 per ten grams at Delhi's bullion market, today, largely in tandem with a firming global trend. Silver jumped Rs 700, to Rs 42,050 per kilo, on increased offtake by industrial units and coin makers. Silver coins spurted Rs 2,000, to Rs 72,000 for buyi...

India's CAD narrows sharply to USD 300 million on lower trade deficit

ESIC to provide free health checkup to subscribers

Employees' State Insurance Corporation, ESIC has decided to offer free annual health checkup to insured members aged 40 and above under its health insurance scheme. Besides routine general physical or clinical examination, the health checkup will include tests for blood sugar, kidney, liver...

US Fed keeps rate unchanged

US Federal Reserve keeps its federal fund rate unchanged after concluding its two day meeting. Chair Janet Yellen said that the possibility of Brexit was one of the factors that led the US Federal Reserve to keep interest rates on hold. The US central bank also said it expected a slower path for fut...

Gold futures climb Rs 408 on global cues

Gold prices spurted 408 rupees, to 30,852 rupees per ten grams in futures trading at the Multi Commodity Exchange, today. Gold futures rose after the precious metal climbed above 1,300 dollars an ounce in the global markets. The US central bank chief, Janet Yellen's indication that US inter...