Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

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 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 remains weak on sluggish demand; silver recovers

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.

Gold price rebounds on renewed demand, seasonal support

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.

Gradual recovery at work, GDP may grow to 7.8% in FY16: Nomura

Last Updated: Wednesday, September 2, 2015, 20:51

A cyclical recovery is under way for the Indian economy, and the country's GDP growth is expected to improve to 7.8 percent this fiscal from 7.3 percent in 2014-15, a Nomura report says.

Wall Street is for sale - but is it cheap?

Last Updated: Thursday, August 27, 2015, 12:54

During more than a week of stock market sell-offs, investors have been exhorted to use declines to pick up bargains - and with a 7.7 percent drop on the S&P 500 since August 17, stocks have certainly gotten less expensive.

India's gold demand could hit 950 tonnes as prices fall: Valcambi

Last Updated: Saturday, August 22, 2015, 22:44

India`s gold demand might reach 950 tonnes this year as lower prices spur buying during the peak festival season and for weddings, the world`s biggest gold refiner, Valcambi, said.

Govt working on various fronts to push up exports: Comm Secy

Last Updated: Thursday, August 20, 2015, 19:31

Commerce Secretary Rita Teaotia said the ministry is focusing on exports sectors with a huge potential such as pharmaceuticals, ready-made garments, leather, gems and jewellery, chemicals and agro-chemicals.

Urea imports surge 29% to 21.43 lakh tonnes in April-July

Last Updated: Wednesday, August 19, 2015, 15:03

Urea imports during the April-July period last year was 16.65 lakh tonnes, according to an official data.

Coal prices fall to 12-year lows as China, India join demand slowdown

Last Updated: Wednesday, August 19, 2015, 08:27

The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto, and it has seen many financers exit the sector.