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The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Akshaya Tritiya sees bounce back in gold, jewellery sales

Discounts coupled with a drop in prices from the recent high in February made the day more auspicious for buyers.

8 May 2019 5:10 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee slips to 69.43 against US dollar

Rupee fell due to fag-end dollar demand from banks and importers amid sustained foreign fund outflows.

7 May 2019 6:25 PM IST

TOT is a model for monetising operational national highway projects where investors make a lump sum payment in return for long-term toll collection rights backed by a sound tolling system. (Representational Image)

Maharashtra, UP to drive state-led capex in road sector in next 3 yrs

In Maharashtra, the estimated spend in case of Nagpur-Mumbai expressway alone is Rs 35,000 crore over next three years.

7 May 2019 6:15 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex logs 5th straight loss, plummets 324 pts

Investors continued to weigh US-China trade war and lukewarm corporate results.

7 May 2019 4:36 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold falls on muted demand from jewellers despite Akshaya Tritiya

According to traders, fall in demand from local jewellers and retailers at domestic spot market led to dip in gold...

7 May 2019 3:59 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel shareholder seeks rejection of ArcelorMittal bid for...

Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.

7 May 2019 3:12 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST will not reduce deficits of Indian state governments...

A report by S&P Global Ratings said that GST will not help tackling the deficits of the State Governments.

7 May 2019 1:59 PM IST

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

5 platforms that could help the smooth financing of your short term...

People typically take short-term loans to repay credit card bills, medical bills or even to fund a vacation.

7 May 2019 1:20 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Factors to consider before applying for gold loan

Gold loan remains a popular borrowing option for those in immediate need of money within a short time span.

7 May 2019 12:50 PM IST

Toyota Glanza can be seen in shades of red and blue here. Only the grille is different from the Baleno; rest of the car remains identical.

Toyota Glanza spied at dealerships ahead of launch

Toyota's first badge-engineered car in India is almost here. Spied at a dealership in two colours, Glanza is set to be...

7 May 2019 12:32 PM IST

Expected to be powered by a 1.0-litre or 1.2-litre petrol motor. Will be launched by the end of June.

Renault Triber spied testing yet again

The lower-spec variant spotted here doesn't look excessively stripped down.

7 May 2019 12:24 PM IST

GMR Infrastructure

GMR to raise USD 350 million via bonds for Delhi airport expansion

The proposed bond's Ba2 senior secured rating reflects the airport's strong position and robust passenger traffic.

7 May 2019 11:23 AM IST