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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.

Gold drops by Rs 215 on strong rupee, tepid global cues

In line with gold, silver prices also declined by Rs 770 to Rs 47,690 per kilogram.

18 Sept 2019 3:44 PM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Petrol, diesel prices see steepest hike since July 5

Petrol price was increased by 25 paise per litre to Rs 72.42 and diesel by 24 paise to Rs 65.82 in the Delhi market.

18 Sept 2019 3:07 PM IST

Mukesh Ambani has been instrumental in launch of RILs telecom arm Reliance Jio. (Photo: PTI)

Mukesh Ambani raises stake in Reliance Industries to 48.87 per cent

The acquisition was pursuant to a scheme of arrangement not directly involving Reliance, the filing said without giving...

18 Sept 2019 2:58 PM IST

The district-level committees will keep a watch on content carried by cable television channels.

TV makers hail scrapping of duty on open cell panel, mfg cost to go...

The announcement has come just ahead of the festive season sales and would positively impact the sales of LED TV panels.

18 Sept 2019 1:46 PM IST

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand...

18 Sept 2019 12:42 PM IST

They have joined the Women for WASH (Water, Sanitation and Hygiene for All) initiative which is to enable women from villages and slums to become entrepreneurs. (Representational Image)

10 Mantras to become a successful new age entrepreneur

India's Start-up ecosystem is one of the fastest growing in the world, with over 190 deals worth USD 4 billion closed in...

18 Sept 2019 12:42 PM IST

The event was an initiative to framework a sustainable ecosystem to build startups right out from students and promote entrepreneurship as a way of life.

qQuick.in collaborate with eCell FMS framework to build startups

The participants comprised of youth from 46 colleges and eminent professors from 7 universities spread across Delhi NCR.

18 Sept 2019 12:28 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee rises 35 paise against US dollar in early trade

Rupee is trading at 71.43 against dollar as gains in domestic equity market and easing crude prices strengthened...

18 Sept 2019 10:23 AM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex rebound over 200 points; energy stocks jump as oil prices cool...

The 30-share index was trading 186.94 points, or 0.51 per cent, higher at 36,668.03.

18 Sept 2019 10:00 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

'Blueprint ready': Govt mulling fourth booster dose to revive economy

Last week, the government announced a slew of measures to boost exports and the real estate sector.

18 Sept 2019 9:24 AM IST

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

GST panel unlikely to favour tax rate cut for auto sector: sources

Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to...

18 Sept 2019 8:58 AM IST

The Board has approved and the Company has executed the definitive agreements with entities belonging to Blackstone Group.

Coffee Day sells tech park for Rs 2,700 cr to Blackstone to reduce...

The deal would help Coffee Day Enterprises Ltd (CDEL) pare its debt of nearly Rs 5,000 crore.

18 Sept 2019 8:41 AM IST