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The research groups analysis of sulfur-rich minerals, called sulfides, in diamonds mined in Sierra Leone, indicated that the region experienced two subduction events during its history. (Photo: Representational/Pexels)

Dip in India demand hits Russian diamond miner

Alrosa expects the situation to ease in the September quarter as demand from jewellery consumers remains stable.

22 July 2019 7:34 AM IST

Interestingly, while illegal flow of pepper through Nepal has increased, the import of Vietnamese pepper through Sri Lanka has come down substantially, thanks to increased monitoring.

Downtrend in pepper price to continue

Vietnam is selling the commodity at $2,800 per tonne, less than half the price of $6,000 per tonne commanded by the...

22 July 2019 7:31 AM IST

The apex court on September 26 last year had declared the Centres flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions. (Photo: PTI)

UIDAI to soon select adjudicating officer for inquiry in contravention...

According to the source UIDAI hopes to select the adjudicating officer in next month and half.

21 July 2019 1:06 PM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold nearing Rs 36,000-mark

The upward trend was supported by the comments of the US Federal Reserve, acknowledging that the dollar was overvalued.

20 July 2019 8:03 AM IST

Indias renewable power capacity soared by almost 150 per cent in the last 5 years to 77.6 GW.

Renewable energy capacity to reach 260 GW by 2024

India is formulating a policy to build a 30 GW local capacity for manufacturing solar cells.

20 July 2019 7:47 AM IST

Most of the benefits are being targeted at 4G subscribers where competition is fierce as being targeted by Reliance Jio. (Representational Image)

Rural telephone subscribers fall in May, urban user base rises: Trai

The rural subscription declined from 512.91 million at the end of April 19 to 508.49 million at the end of May 2019

19 July 2019 4:27 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

FDs of Small Finance Banks vs Commercial Banks: Which one should you...

SFBs are giving interest rate up to nine per cent on their regular FDs and offering 9.5 per cent in case of senior...

19 July 2019 1:51 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Finance Minister seeks to allay fears on surcharge on super rich

RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity...

19 July 2019 1:27 PM IST

The latest amendment in the solar project bidding norms is positive for solar developers but uncertainty remains over the pending decision on safeguard duty, says a report by Icra.

India to touch renewable energy capacity of 260 GW by 2024: govt...

India's renewable power capacity soared by almost 150 per cent in the last five years to 77.6 GW.

19 July 2019 1:25 PM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

IEA says does not expect 'huge increase' in crude prices

The IEA is reducing its 2019 oil demand forecast due to a slowing global economy amid a US-China trade spat.

19 July 2019 11:01 AM IST

The official said Rs 32.54 crore in cash, out of the total seizures of Rs 152.78 crore, has been released after verification. (Representational image)

Cash withdrawal from multiple accounts to be aggregated for levying 2...

Two per cent tax will be charged if aggregate cash withdrawal from one or more accounts exceeds Rs 1 crore.

19 July 2019 9:38 AM IST

Maharashtra CM Devendra Fadnavis

Chief ministers' panel on agri favours linking Finance Commission...

The next meeting of the committee will be on August 16.

19 July 2019 9:22 AM IST