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The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Jewellery industry to meet bankers over liquidity crunch

Stock level has gone down affecting sales, expansion plans and job creation, said GJC's Shankar Sen.

1 July 2019 8:23 PM IST

Union transport and surface minister and BJP senior leader Nitin Gadkari

Gadkari says will seek nod from FinMin to fund HAM road projects

A committee will be set up to resolve the matter and find a way out on how banks can be friendly for infrastructure...

1 July 2019 8:07 PM IST

Equity investing has provided exceptional long-term returns. In 40 years, the Sensex has effectively delivered a compounded annual growth rate of 16.09 per cent.

Eight core sectors grow by 5.1 per cent in May

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.

1 July 2019 7:59 PM IST

Ravi Shankar Prasad said the campaign has become a peoples movement. (Photo: ANI)

Prasad promises to take Broadband to masses; sees India as export hub...

IT and Telecom Minister Ravi Shankar Prasad said availability of broadband and mobiles is an essential component of...

1 July 2019 6:08 PM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel completes merger of Tata Teleservices' consumer mobile business

The merger includes transfer of all the customers and assets of Tata Teleservices CMB to Airtel.

1 July 2019 5:58 PM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Now, debt-laden Anil Ambani plans to lease out Reliance Infra...

The company had said it would utilise the entire proceeds for debt reduction.

1 July 2019 5:43 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST collections dip below Rs 1 lakh crore mark in June

The collections comprise of receipts by both the centre and state governments of GST.

1 July 2019 5:33 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Govt considering giving more powers to RBI to regulate NBFCs:...

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

1 July 2019 5:06 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

Commerce ministry seeks stakeholder comments for next foreign trade...

During 2018-19, the overseas shipments grew by 9 per cent to USD 331 billion.

1 July 2019 4:35 PM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex soars 292 points on easing trade war concerns

The 30-share BSE Sensex settled 291.86 points, or 0.74 per cent, higher at 39,686.50.

1 July 2019 4:24 PM IST

The total value of the freezed assets is Rs 56.21 crore.

2,313 frauds reported in Mudra loan accounts

Since the beginning of the scheme, over 19 crore loans have been extended under PMMY as on June 21, 2019.

1 July 2019 4:18 PM 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.

Gold slides by Rs 130 on muted demand, weak global cues

Silver ready prices declined by Rs 260 to Rs 38,570 per kg, while weekly-based delivery reduced by Rs 295 to Rs 37,157...

1 July 2019 4:03 PM IST