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A recent report by Indias leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.Business
Crisil cuts GDP to 6.9 per cent

India's GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

2 Aug 2019 2:17 AM IST

With no incentives from the government yet, and the continuing liquidity crisis and abject lack of consumer and market sentiment, passenger vehicle sales in India continue to head south for straight nine months.Business
Car sales plunge yet again

Sales also dropped 10 per cent at Hyundai Motor at 39,010 cars, down from 43,481units it sold last year.

2 Aug 2019 1:56 AM IST

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
No takers for officially imported gold

After duty was raised from 10 per cent to 12.5 per cent, demand for officially imported gold vanished.

2 Aug 2019 1:53 AM IST

Colgate-Palmolive is major FMCG player.Business
Colgate-Palmolive appoints of Ram Raghavan as its Managing Director

Raghavan replaces Issam Bachaalani, who will move to another role within the company.

1 Aug 2019 5:05 PM IST

Anecdotal evidence also showed that some gold entered from Singapore, where gold having purity of 24-carat gets melted into rough chains weighing up to 200 grams.Business
Gold prices up marginally; silver tumbles by Rs 590 per kg

Gold is trading at Rs 41,530 per kg in the national capital as caution prevailed in view of weak global cues.

1 Aug 2019 4:07 PM IST

Reserve Bank of India (RBI)Business
FinMin invites application for post of RBI deputy governor

The appointment will be for a period of three years and the person will be eligible for re-appointment.

1 Aug 2019 4:01 PM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.Business
TVS Motor July sales down 13 pc at 2,79,465 units

Total exports declined 3.11 per cent to 69,994 units last month as compared with 72,242 units in July 2018.

1 Aug 2019 3:37 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.Business
Sensex crashes 700 points in late-afternoon trade; Nifty below 11,000

The NSE Nifty dived 222.80 points to 10,889.55, led by a sharp sell-off in auto, banks, and metal stocks.

1 Aug 2019 3:14 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.Business
Coal India to spend Rs 700 cr to procure 40 rakes

The Maharatna PSU's board has given the green signal to procure 40 rakes at nearly Rs 700 crore.

1 Aug 2019 3:03 PM IST

Effective September 1, motor vehicle owners would be able to buy a standalone annual \own damage\ cover. This will be applicable for cars and two-wheelers, both old and new, insurance regulator IRDAI said.Business
Things to be noted before you buy used car online

Even though you are buying car online, always meet prospective buyer or seller in public places

1 Aug 2019 1:24 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.Business
ArcelorMittal reports USD 0.447 billion net loss for June quarter

The company said its gross debt was at USD 13.8 billion as of June-end this year.

1 Aug 2019 1:04 PM IST

Cafe Coffee Day chains are run by Coffee Day Enterprises.Business
Coffee Day Enterprises shares tank another 10 pc; hit lowest trading...

In three days, the shares have fallen by over 42 per cent on the BSE, eroding Rs 1,723.16 crore from its market...

1 Aug 2019 12:50 PM IST

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