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Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold falls on global cues, slack demand

Gold prices drifted lower by Rs 70 to Rs 32,130 per 10 grams at the bullion market on Wednesday.

2 May 2018 2:49 PM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Why India fuel prices are sky-high when oil isn't

Diesel accounts for 40 per cent of all oil products consumed in India and it's the most important fuel for public...

2 May 2018 2:36 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Over 23,000 bank fraud cases involving Rs 1 lakh crore in 5 yrs: RBI

A total of 5,152 cases of fraud, up from over 5,000 cases in 2016-17, were reported in banks from April, 2017, to March...

2 May 2018 2:16 PM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

Draft telecom policy aims 40 lakh jobs, USD 100 bn investment

Under the new policy, the government aims to enable fixed line broadband access to 50 per cent of households.

2 May 2018 1:23 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round

Oil and Natural Gas Corp bid for 26 blocks on its own and another 11 with partners.

2 May 2018 1:20 PM IST

The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.

ADB board to discuss 'Strategy 2030' to build 'prosperous' Asia

Economic Affairs Secretary Subhash Chandra Garg will represent India at the meet.

2 May 2018 1:03 PM IST

Volkswagen AGs Czech division Skoda said it will shift some production of sport-utility vehicles (SUVs) to Germany to meet growing demand for its models.

Volkswagen's Skoda shifts some SUV production to Germany

Skoda said it will assign some production of its latest Karoq SUV to a Volkswagen plant in Germany.

2 May 2018 12:49 PM IST

Indian Railways (Photo: PTI)

Railways reverse auction will save Rs 20,000 crore annually

Currently, Indian Railways has an annual total capex of Rs 1,50,000 crore.

2 May 2018 12:34 PM IST

Shares in Samsung BioLogics Co Ltd tumbled nearly 20 per cent on Wednesday.

Samsung BioLogics loses USD 6 billion in stocks

Samsung BioLogics reported a 1.9 trillion won (USD 1.77 billion) net profit in 2015.

2 May 2018 12:23 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland sales up 78.8 per cent in April

Hinduja Group flagship company Ashok Leyland on Wednesday reported 78.8 per cent jump in total sales.

2 May 2018 12:12 PM IST

Apple iPhone 8, iPhone 8 Plus use LCD panels (Representative Image)

Apple putting lot of energy in India to tap opportunities, says Tim...

Apple's Mac set a new March quarter revenue record, including new records in both the Americas and Greater China.

2 May 2018 12:05 PM IST

A total of eight out of 23 industry groups in the manufacturing sector grew in July 2017 compared to the corresponding month last year.

Manufacturing sector growth rises marginally in April: PMI

Nikkei India Manufacturing Purchasing Managers Index (PMI), rose from 51.0 in March to 51.6 in April.

2 May 2018 11:23 AM IST