Last Updated: Thursday, September 10, 2015, 09:22
US benchmark West Texas Intermediate for October delivery fell 65 cents to USD 43.50 while Brent crude for October dropped 76 cents to USD 46.82 in late-morning trade.
Last Updated: Wednesday, September 9, 2015, 18:11
Gold prices declined further by Rs 25 to Rs 26,675 per ten grams at the bullion market Wednesday owing to slackened demand from jewellers and retailers even as the metal strengthened overseas.
Last Updated: Wednesday, September 9, 2015, 16:04
Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.
Last Updated: Wednesday, September 9, 2015, 14:23
In a bid to tap the vast amount of idle gold with people and put it to productive use, two schemes were on Wednesday unveiled by the Indian government -- one on physical deposit of the metal against its rupee value on paper and the other for issuing sovereign bonds.
Last Updated: Wednesday, September 9, 2015, 13:18
The Cabinet on Wednesday approved the gold monetisation scheme, which proposes to offer tax-free interest to individuals on depositing the yellow metal with banks.
Last Updated: Wednesday, September 9, 2015, 12:43
Opportunities emerging from low oil prices were discussed at a meeting called by Prime Minister Narendra Modi with business leaders, bankers and bureaucrats yesterday against the backdrop of global economic turmoil, he said.
Last Updated: Wednesday, September 9, 2015, 08:35
MSCI`s broadest index of Asia-Pacific shares outside Japan was up 1.2 percent in early trade, after major Wall Street indexes all logged gains of more than 2 percent.
Last Updated: Tuesday, September 8, 2015, 10:53
The weak data raised expectations of more policy easing in the coming months. A Reuters poll at end-August showed a 80 percent of respondents expected a further cut in the reserve requirement ratio and 70 percent saw a chance of interest rate cuts.
Last Updated: Monday, September 7, 2015, 15:20
However, silver eased Rs 325 to Rs 35,250 per kg due to reduced offtake by industrial units and coin makers.
Last Updated: Monday, September 7, 2015, 09:03
The index had already dropped earlier in the session following Friday`s Wall Street slide, triggered after the August U.S. jobs report failed to give a clear view on the Federal Reserve`s interest rate hike.
Last Updated: Sunday, September 6, 2015, 18:26
As economic crisis in the developed economies continues, the best that is on offer is a slow recovery; the high growth rates of 1992-2007 are not likely to return anytime soon, says a new book.
Last Updated: Saturday, September 5, 2015, 15:55
Gold prices rose modestly after a three-day downtrend at the domestic bullion market here due to increased buying by stockists and jewellers ahead of the festive season.
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