Business

March 8, 2015 5:10 PM

Net foreign fund inflows into Indian capital markets cross USD 11 bn

With an average of over 1,000 crore rupees a day, the net foreign fund inflows into Indian capital markets have crossed 11 billion dollars, or over 68,000 crore rupees, since beginning of this year. The Foreign portfolio investors have bought shares worth a net amount of 31,256 crore rupees till Mar...

March 8, 2015 8:35 AM

Spectrum auction garners bids worth Rs 86000 cr on day 4

The Government garnered bids worth 86,000 crore rupees from telecom operators at the end of fourth day of spectrum auction yesterday, crossing the targeted minimum amount of 82,000 crore rupees. The government may rake in above 1 lakh crore rupees from spectrum sale if bidding continues at robust pa...

March 7, 2015 8:45 PM

Gold slumps by Rs 520 recording biggest single-day fall this year

Gold plunged 520 rupees, its biggest single-day fall this year, to an over three-month low of 26,540 rupees per ten grams at Delhi's bullion market, today, on subdued demand from jewellers and retailers. Silver fell 500 rupees, to 36,300 rupees per kilo, on reduced offtake by industrial use...

March 7, 2015 8:30 PM

Govt garners bids worth around Rs 77,000 cr in 3 days of spectrum auction

The Government has garnered bids worth around 77,000 crore rupees at the end of three days of spectrum auction as telecom operators continued to bid aggressively.Seventeen rounds of bidding have taken place in three days till now. The government is expecting to raise over 82,000 crore rupees from th...

March 7, 2015 6:14 PM

NPCI reaches new milestone, links 15 cr bank accounts with Aadhaar

The country's umbrella body for all retail payments system, National Payments Corporation (NPCI), has reached a new milestone with successful linking of 15 crore bank accounts with the Aadhaar numbers. It is moving closer to map the overall 17 crore Direct Benefit Transfer accounts. The Res...

March 7, 2015 5:57 PM

Gold plunges Rs 520 to over 3-month low

Gold plunged 520 rupees, its biggest single-day fall this year, to an over three-month low of 26,540 rupees per ten grams at Delhi's bullion market, today, on subdued demand from jewellers and retailers. Silver fell 500 rupees, to 36,300 rupees per kilo, on reduced offtake by industrial use...

March 7, 2015 4:58 PM

Gold plunges Rs. 520 to 3-month low

Gold plunged 520 rupees, its biggest single-day fall this year, to an over three-month low of 26,540 rupees per ten grams at Delhi's bullion market, on Saturday, on subdued demand from jewellers and retailers. Silver fell 500 rupees, to 36,300 rupees per kilo, on reduced offtake by industri...

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