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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 plunges Rs 600 on weak global cues, muted demand

Globally, spot gold was trading lower at USD 1,394.39 an ounce, while silver was down at USD 15.08 per ounce in New...

9 July 2019 4:02 PM IST

The new Air-Purifying inverter air conditioners are available at all retail outlets from a starting price of Rs 39,000 to Rs 72,000.

EESL begins sale of energy efficient 5.4-star rating air conditioners

In the first phase, 50,000 ACs will be made available for consumers in Delhi.

9 July 2019 3:53 PM IST

In 2011, Axis Bank acquired 4 per cent stake in Max Life for an undisclosed value.

No proposal with Irdai for 10 per cent stake sale in Max Life to Axis...

During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.

9 July 2019 3:38 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

9 July 2019 3:31 PM IST

Subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under the NPS. (Photo: ANI)

NPS Trust to hire consultant for performance review of PFs, portfolio...

The last date for submission of interest under of the proposal is July 24, 2019.

9 July 2019 2:51 PM IST

The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.

India probes alleged dumping of flat rolled steel products from 15...

India conducts anti-dumping probes on of applications filed by domestic industry with prima facie evidence of dumping of...

9 July 2019 2:46 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero MotoCorp revamps leadership team; appoints Vikram Kasbekar as CTO

Kasbekar replaces Markus Braunsperger, who is relocating to Europe after completion of his five-year tenure in the...

9 July 2019 2:37 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures fall 0.88 per cent on global cues

Crude oil contracts for July delivery traded lower by Rs 35, or 0.88 per cent, at Rs 3,943 per barrel.

9 July 2019 2:10 PM IST

EVs are extremely expensive which require economies of scale to make them affordable for mass adoption.

Hyundai launches first long-range electric vehicle Kona in India

Hyundai full-electric SUV Kona in India priced at Rs 25.3 lakh. (ex-showroom Delhi).

9 July 2019 1:22 PM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Housing sales in 8 major cities up 4 pc in Jan-Jun; supply rises by 21...

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago...

9 July 2019 1:04 PM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

Haj pilgrims can carry Zamzam water within permissible baggage...

The well of Zamzam is located in Mecca in Saudi Arabia and many Haj pilgrims bring the holy water from the well for...

9 July 2019 12:18 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation likely rose in June, but below RBI target: report

The fiscal deficit target for this financial year was reduced to 3.3 per cent from 3.4 per cent.

9 July 2019 11:59 AM IST