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Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.Business
Gold rises by Rs 162 on lower rupee, higher global prices

The yellow metal for 24 Karat had closed at Rs 39,020 per 10 gram on Tuesday in the bullion market.

25 Sept 2019 3:42 PM IST

The previous largest deal was Lupins acquisition of Gavis Pharma and Novel Laboratories for $880 million in 2015.Business
Lupin ropes in Jon Stelzmiller to head US specialty business

Stelzmiller was most recently Senior Vice-President and General Manager, Women's Healthcare at Bayer.

25 Sept 2019 2:52 PM IST

On the global front, crude oil prices hitting the crucial $80 level mark and escalation of tariff war further weighed on investor sentiments.Business
Crude oil futures fall on low demand

Crude oil contracts for October delivery traded lower by Rs 35, or 0.86 per cent, at Rs 4,048 per barrel.

25 Sept 2019 2:41 PM IST

NITI Aayog CEO Amitabh Kant addresses at press conference for the launch of the schemes Lucky Grahak Yojana and Digi-dhan Vyapari Yojana to encourage digital payments, in New Delhi. (Photo: PTI)Business
Challenge before India is to grow at 8-9 pc and sustain it: Kant

The government also announced a slew of measures to boost exports and real estate sector.

25 Sept 2019 1:34 PM IST

Earlier in his speech, Trump described Modi as Americas \greatest\ and \most loyal friend\, and said the prime minister was doing an exceptional job for India. (Photo: ANI)Business
Global stock markets rattled as Trump impeachment bid raises new risks

The dramatic move by House of Representatives Democrats compounded investors' anxieties.

25 Sept 2019 12:55 PM IST

Though the growth rates of output, consumption and investments are comparable in the period running up to the financial market-induced crises as in the run-up to other types of downturns in emerging market crisis, a further analysis revealed that the contractions are much sharper following financial market induced crisis that other types of downturns.Business
Trade tensions darken growth outlook for developing Asia: ADB

Growth in the region was 5.9 per cent in 2018.

25 Sept 2019 12:33 PM IST

Maruti SuzukiBusiness
Maruti Suzuki cuts prices of select models by Rs 5,000

The new prices will be applicable from September 25, 2019, across the country.

25 Sept 2019 10:55 AM IST

Currency experts have a bullish outlook for the rupee this week.Business
Rupee slips 11 paise against US dollar in early trade

A weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency.

25 Sept 2019 10:29 AM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
RCom CEO steps down to focus on US unit's bankruptcy process

Anil Ambani-led RCom filed for bankruptcy in India earlier this year as lack of regulatory approval for asset sales.

25 Sept 2019 10:14 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTIBusiness
Sensex opens over 300 points lower; Nifty below 11,500

Sectorally, all the indices, except IT index, were trading in the red.

25 Sept 2019 9:50 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.Business
Trade tensions darken growth outlook for developing Asia: ADB

ADB maintained India's 7.2 per cent growth projection for next year.

25 Sept 2019 9:15 AM IST

Renewable wind energy seems to be a long shot for Telangana if it plans to go the Europe way-which is planning to become the numero-uno energy provider by tapping the power of the wind by 2050.Business
Wind energy can light up the entire world

However, as it turns out the state is still awaiting an official nod for its renewable energy policy.

25 Sept 2019 1:52 AM IST

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