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The share of gold provided by local refineries has fallen by one-third in the first nine months of 2019. The gold in the bullion market was available at a discount for some months, making refining unviable.

Gold futures gain Rs 83 to Rs 38,410 per 10 gm

On the Multi Commodity Exchange, gold contracts for February next year traded higher by Rs 83, or 0.22 per cent, at Rs...

4 Dec 2019 3:52 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Total FDI inflow into India increased in 2018-19: govt

Total FDI inflow in 2018-19 was USD 62.00 billion.

4 Dec 2019 3:05 PM IST

The successful implementation of the first phase of Futurance has encouraged us to launch the second phase.

HDFC Life's futurance programme enters phase two

The first phase saw the short-listing of 8 start-ups from over 100 participants.

4 Dec 2019 2:37 PM IST

JLR expects the 7-seater fifth generation Land Rover Discovery to boost the sales given the petrol option and the lower prices starting from Rs 71.38 lakh for the petrol option.

JLR drives in new XE in India priced at Rs 44.98 lakh

The company is confident that Jaguar fans and discerning customers will be delighted with the latest offering.

4 Dec 2019 1:44 PM IST

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.

MTNL, BSNL strategic assets; 92,000 employees opt for VRS: Minister

The merger would resultantly help the two companies to "provide better quality services to customers on a pan-India...

4 Dec 2019 1:18 PM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

4 Dec 2019 11:33 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee slips 12 paise to 71.78 against US dollar in early trade

Forex traders said, the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on...

4 Dec 2019 10:24 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex, Nifty slide lower at open

The 30-share BSE Sensex was down 119.42 points or 0.29 per cent to 40,556.03 in early deals.

4 Dec 2019 9:56 AM IST

Googles Aerospace.

GKN Aerospace to open new facility in Pune

The new facility, aimed at both the local and global markets, would directly employ 800 skilled operators and engineers.

4 Dec 2019 3:08 AM IST

Mercedes-Benz, Indias largest German luxury car maker, which showcased Mercedes GLC SUV facelift earlier this year at the 2019 Geneva Motor Show, has now launched it in India.

Mercedes-Benz GLC facelift for Rs 52.75 lakh

At present, the Pune-headquartered Mercedes-Benz offers the largest SUV portfolio in the luxury car segment in the...

4 Dec 2019 3:04 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Market cautious ahead of MPC meet

Banking stocks saw selling pressure as investors took a cautious stance ahead of the RBI monetary policy meet outcome...

4 Dec 2019 3:00 AM IST

Thomas Cook gets brand right for India, Sri Lanka

TCIL has signed an agreement with AlixPartners, Thomas Cook UK's appointed Special Managers in this regard.

4 Dec 2019 2:35 AM IST