Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Govt to import additional 5,000 tons of pulses to control prices

Last Updated: Friday, September 11, 2015, 22:05

Under pressure to rein in retail prices of pulses that have shot up to Rs 155 per kg, the government today decided to import additional 5,000 tonnes of tur dal to boost domestic availability.

Oil falls more than 2 percent after Goldman cuts forecasts

Last Updated: Friday, September 11, 2015, 17:31

Goldman cut its 2015 Brent price forecast to $53.70 a barrel from $58.20, and said it saw 2016 Brent prices at $49.50, down from its earlier $62 forecast.

Jewellers buying, firm global cues lift gold prices by Rs 45

Last Updated: Friday, September 11, 2015, 14:48

Snapping its three-day losing streak, gold prices recovered by Rs 45 to Rs 26,460 at the bullion market Friday on emergence of buying by jewellers and retailers to meet wedding season demand amid upbeat global trend.

Drought dents India gold demand; prices still appealing

Last Updated: Friday, September 11, 2015, 11:05

Nearly two-thirds of India`s gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.

Gold firms near $1,110 but poised for third weekly drop

Last Updated: Friday, September 11, 2015, 08:52

Spot gold was little changed at USD 1,111 an ounce, after gaining 0.5 percent in the previous session.

Oil weakens as Saudi sees no need for oil summit to defend prices

Last Updated: Friday, September 11, 2015, 08:49

The front-month October contract for Brent, the global oil benchmark, shed 5 cents to USD 48.84 a barrel after it settled up USD 1.31, or 2.8 percent, on Thursday at USD 48.89 a barrel.

Dubai property developers upbeat despite falling prices

Last Updated: Thursday, September 10, 2015, 19:40

There is a negative sentiment largely driven by oil prices.

Govt to import additional 1,000 tonnes of onion to boost supply

Last Updated: Thursday, September 10, 2015, 18:46

With retail onion prices staying at elevated levels, the government on Thursday decided to import an additional 1,000 tonnes to boost domestic supply and check prices.

Govt to import additional 1,000 tonnes of onion to check prices

Last Updated: Thursday, September 10, 2015, 16:45

Government will import additional 1,000 tonnes of onion to check prices, Food and Consumer Affairs Minister Ram Vilas Paswan said on Thursday.

Gold price extends weakness on global cues, low demand

Last Updated: Thursday, September 10, 2015, 15:37

Continuing its losing streak for a third straight session, gold prices plunged by Rs 260 to Rs 26,415 per ten grams at the bullion market Thursday, tracking a weak global trend amid low demand by jewellers and retailers.

Gold price holds near four-week low as fund outflows, US data weigh

Last Updated: Thursday, September 10, 2015, 13:44

Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong U.S. economic data and outflows from bullion-backed exchange traded funds sapped investor interest.