Gold has been moving up in the past couple of days after consolidating around $1,400 levels for some time.

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 Jul 2019 8:03 AM

Oyo founder to buy back $2 billion shares

Agarwal will buy part of the shares held by Lightspeed Venture Partners and Sequoia India.

20 Jul 2019 7:38 AM

The US-China trade war is not going to be beneficial for Indian exports. On the contrary, India faces a threat of dumping by China.

Trade war may not help Indian exports

Capital goods account for only 3.71 per cent of India's exports to the US and electrical and electronic goods do not even figure in the export list.

19 Jul 2019 7:00 AM

In FY19, the country exported agri goods worth Rs 923 crore to China against Rs 464 crore in FY18, a growth of 99 per cent. Guar gum, fresh grapes and pulses witnessed good growth.

Agri exports to China double

In dollar terms the growth was 83 per cent from $72 million in FY18 to $132 million in FY19.

19 Jul 2019 6:49 AM

International airfares likely to drop

Air India, Indigo, SpiceJet and Go Air are expected to benefit from the move.

18 Jul 2019 1:25 AM

Oyo buys Innov8 to enter commercial real estate

Though the company did not disclose the deal size, sources said that it could be a $30 million all-stock deal.

17 Jul 2019 7:07 AM

Cotton yarn mills are cutting down production due to lower demand from both domestic and export markets.

Cotton yarn mills cut output as orders dry up

Almost 60 per cent yarn mills, which are largely small and medium units, have cut their production.

17 Jul 2019 7:01 AM

MSME-dominated diamond cutting and polishing industry is facing a crisis. Several units have reduced their production days and thousands of labourers have gone out of job.

Jobs hit as diamond industry cuts output

According to him, multiple issues are affecting the industry. Companies have been facing working capital crunch due to shortage of bank finance.

15 Jul 2019 7:55 AM

The outperformance is mainly attributable to the record level of investments worth $11.1 billion in infrastructure and real estate.

PE/VC investments up 27 per cent in H1

In the best half yearly performance, investments worth $23.4 billion were recorded across 536 deals in H12019.

13 Jul 2019 2:51 AM

Developers are exploring alliances to jointly develop projects within revenue-sharing agreements.

Realty projects of over Rs 4L crore stuck

Developers are joining hands to complete the projects.

13 Jul 2019 2:40 AM

The company said that it also operates a robust anti-counterfeiting programme that offers a simple and online process for brands to report any violation of their intellectual property rights.

Casio sues Snapdeal over fake goods

Snapdeal said that it will approach the court for review and modification of the order.

13 Jul 2019 1:22 AM

Over the next six to twelve months, financial market uncertainty and accommodative monetary policy are likely to support gold investment demand.

Gold may move up in H2: World Gold Council

Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their expectations based on new information.

12 Jul 2019 1:54 AM

Though the budget has recently increased the customs duty, palm oil prices were 20 per cent down in Q1FY20.

FMCG firms to report uptick in Q1 margins

Benign raw material prices, low media intensity to help.

11 Jul 2019 1:58 AM

Among the top 8 cities, Hyderabad residential real estate market has performed better in most fronts.

Hyderabad residential realty prices up 9 per cent

Providing much respite to the housing market, unsold inventory across top eight markets recorded a decline of 9 per cent YoY in H1 2019.

10 Jul 2019 3:10 AM

More than a decade after rice futures were withdrawn from the trading platform, the National Commodity and Derivatives Exchange is launching Basmati paddy futures.

NCDEX launches Basmati futures

The total global production of basmati is 8 to 9 million tonne and India produces more than 70 per cent or about 5.5 million tonne.

10 Jul 2019 2:52 AM

Capital appreciation and attractive rental yields are driving demand in the commercial real estate market, which has been seeing increasing interest from foreign companies and private equity firms.

Foreign firms line up for commercial realty

The upsurge of India’s commercial office market began in 2017 and has been further boosted by the arrival of REITs.

10 Jul 2019 2:45 AM

RBI buys 5.6 t gold in April

The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.

09 Jul 2019 3:36 AM

The Iconic Tourism Sites would enhance visitor experience, which would lead to increase in visits of both domestic and international tourists at these destinations, the Budget speech said. (Photo: Representational/Pixabay)

Iconic Tourist Sites remain on paper

The last budget in February 2018 promised that 10 tourist sites will be developed into "iconic" tourist destinations.

09 Jul 2019 3:21 AM

Merchant charges have been one of the factors discouraging electronic payment for gold and jewellery purchases. (Representational Image)

Budget 2019: Govt pushes for cashless economy, digital payment

Central Government may notify the persons to whom these provisions shall not be applicable in consultation with the Reserve Bank of India.

06 Jul 2019 8:03 AM

Union Finance Minister Nirmala Sitharaman (Photo: ANI)

Union Budget 2019: Textiles, apparel industry allocation drops by 30 per cent

In the present Budget, the grant for textile and apparel is budgeted at Rs 4,8318 cr

06 Jul 2019 7:28 AM

Sangeetha G