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Money laundering by the medium of gold purchase/sell has seen a huge boost post demonetisation. (Photo: PTI/Representational)

Gold holds near 1-month highs ahead of US jobs data

US gold futures GCcv1 were also down 0.2 per cent, at $1,179 an ounce.

6 Jan 2017 8:02 AM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Oil steady after gains on Saudi output cuts

Saudi Arabia has been curbing oil output in January by at least 486,000 barrels per day (bpd) to 10.058 million bpd.

6 Jan 2017 7:48 AM IST

The worlds largest memory chip maker estimated its operating profit in the October-December period at 9.2 trillion won ($7.8 billion), up 49.8 per cent from a year earlier.

Samsung Electronics tips profits to leap 50 pc

Fourth-quarter sales were estimated at 53 trillion won in the quarter, down 0.6 per cent on year.

6 Jan 2017 7:46 AM IST

The deal, which would more than double SpiceJets 40-plane fleet, may be closed within weeks.

Boeing nears $10.1 billion order from Spicejet

Boeing declined to comment while SpiceJet was not immediately available outside regular business hours.

6 Jan 2017 7:35 AM IST

Data this week is expected to show Chinas forex reserves precariously perched just above $3 trillion at end-December.

Fears arise about China's forex reserve dip

Vicious cycle of more outflows and currency depreciation looms large.

6 Jan 2017 5:30 AM IST

The loans requirement in India is estimated to be $ 1.5 trillion by 2020 and it is growing by 18 per cent CAGR.

SMEs benefit from digital lending

It is estimated that the credit gap for SMEs is $370 billion.

6 Jan 2017 5:24 AM IST

The three cities that showed a medium fall in BPI were Mumbai (58 per cent), Pune (46 per cent) and Chennai (-35 per cent).

Buying sentiments decline to nine-month low in December

The index, which is measured on a scale between +1 and 1 slumped to 0.42 in December from 0.68 reported in November.

6 Jan 2017 2:55 AM IST

Finance minister Arun Jaitley and RBI governor Urjit Patel during the financial stability and development council meeting in New Delhi. (Photo: PTI)

No speculation on deposits, says RBI

Figures will be released after calculation.

6 Jan 2017 2:39 AM IST

Apple has sought tax concessions, including lower import and manufacturing duties, to make iPhones locally

No tax incentives for making iPhones in India

Trade Minister Nirmala Sitharaman said if India were to agree to any concessions, they would likely apply to all...

5 Jan 2017 5:58 PM IST

The overnight MCLR has been reduced to 8.10 per cent from 8.80 per cent.

Bank of Baroda reduces MCLR by 75 basis point

New rates by Bank to be effective from January 7 and applicable toto all borrowed accounts.

5 Jan 2017 5:32 PM IST

The 50-share NSE Nifty wrested control of the crucial 8,200 level and ended at 8,273.80, a gain of 83.30 points.

Sensex rebounds to end near two month high

The Sensex stayed in the positive space throughout and closed at near two month high at 26,878.24.

5 Jan 2017 5:12 PM IST

RBI Governor Urjit Patel

RBI unlikely to cut key rate in Feb: SBI report

Inflation trajectory expected to remain significantly benign; Dec inflation reading likely to be close to 3.2-3.3 per...

5 Jan 2017 4:41 PM IST