Last Updated: Friday, September 4, 2015, 16:01
India could save about $1.8 billion on fertilizer subsidies this year thanks to low energy prices but Prime Minister Narendra Modi`s government, two sources said, has no plans to remove price controls, a reform that would risk angering farmers.
Last Updated: Thursday, September 3, 2015, 10:09
US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.
Last Updated: Wednesday, September 2, 2015, 14:03
Silver too turned weak and fell by Rs 150 to Rs 35,000 per kg on reduced offtake by industrial units and coin makers.
Last Updated: Wednesday, September 2, 2015, 11:23
Buoyed by strong response to its newly launched SUV Creta, Hyundai Motor India ltd (HMIL) is increasing the output of the model by over 16 percent to around 7,000 units a month.
Last Updated: Wednesday, September 2, 2015, 08:18
Hit by the scandal, the collapse of international oil prices and the sharp depreciation of the real against the dollar, the government is implementing a plan to divest almost $14 billion by 2016.
Last Updated: Tuesday, September 1, 2015, 23:23
Oil prices tumbled 7 percent on Tuesday and Brent futures fell back below $50 a barrel as weak Chinese manufacturing data revived concerns about global demand for petroleum.
Last Updated: Tuesday, September 1, 2015, 19:04
The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.
Last Updated: Tuesday, September 1, 2015, 15:23
Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market on Tuesday in line with a firm global trend amid pick up in wedding season buying by jewellers.
Last Updated: Monday, August 31, 2015, 15:41
The retail prices are still ruling high up to Rs 80 per kg across the country, making consumers' budget go haywire.
Last Updated: Monday, August 31, 2015, 14:32
International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.
Last Updated: Monday, August 31, 2015, 14:23
Silver also advanced by Rs 200 to Rs 35,000 per kg on increased offtake by industrial units and coin makers.
Last Updated: Monday, August 31, 2015, 13:23
In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.
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