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Gold, silver down on sustained selling

Gold, silver down on sustained selling

Both the precious metals, gold and silver, fell here today on sustained selling by stockists due to sluggish demand. While gold lost Rs 60 to Rs 29,930 per 10 grams,…

Govt rules out banning onion export

Govt rules out banning onion export

Government today ruled out banning export of onion saying the spurt in domestic prices was “temporary” caused by unseasonable rains and mandi closures. “We have adequate stocks (of onion). We…

Oil prices rebound in Asian trade

Oil prices rebound in Asian trade

Oil prices rose in Asian trade today on bargain hunting after prices hit multi-week lows, analysts said. New York’s main contract, West Texas Intermediate (WTI) light sweet crude for delivery…

Sensex regains 19k level; gains over 151 points in early trade

Sensex regains 19k level; gains over 151 points in early trade

The BSE benchmark Sensex today regained the psychological 19,000 level, by rising over 151 points in early trade on widespread buying by funds and retailers amid a firming Asian trend.…

Gold sale in Gulf to rise on limit revision for NRIs: Report

Gold sale in Gulf to rise on limit revision for NRIs: Report

India’s budgetary proposal to raise the limit on duty-free gold ornaments that can be carried back to the country by NRIs is set to boost jewellery sales in Oman and…

Infosys to trade on NYSE Euronext London, Paris Markets

Infosys to trade on NYSE Euronext London, Paris Markets

Software services major Infosys will get listed on NYSE Euronext London and Paris markets tomorrow, becoming the first Indian company to be admitted to trade on the leading global bourse.…

Oil prices mixed in Asian trade

Oil prices mixed in Asian trade

Oil prices were mixed in volatile Asian trade today as weak economic growth in Europe offset data showing buoyant employment growth in the United States, analysts said. New York’s main…

FIPB clears 4 single-brand retail FDI proposals

FIPB clears 4 single-brand retail FDI proposals

The Finance Ministry today cleared four foreign direct investment (FDI) proposals in single brand retailing, including that of Decathlon and Fossil Inc, worth about Rs 750 crore, sources said. Foreign…

Govt for providing Aakash tablet at Rs 1,500

Govt for providing Aakash tablet at Rs 1,500

Government is keen to take Aakash tablet to the people at a cost of Rs. 1,500 apiece, Telecom and IT minister Kapil Sibal said. “I asked Rajat Moona (Director General,C-DAC)…

Domestic car sales decline 12.45%, bikes sale up

Domestic car sales decline 12.45%, bikes sale up

Domestic passenger car sales declined by 12.45 per cent to 1,73,420 units in January this year compared to 1,98,079 units in the same month of 2012. According to the data…