On the Multi Commodity Exchange, gold for October delivery fell by Rs 452, or 0.85 per cent, to Rs 52,478 per 10 gram in a business turnover of 15,577 lots.
The yellow metal-gold stirred new highs by breaking all records of its past amid coronavirus. Even when the world is struggling for better economy and rising cases of COVID-19, gold has proved itself to be a safe-haven. Some tips for investors.
Domestic equity benchmark Sensex plunged 433 points on Friday, tracking heavy losses in banking, consumption and auto stocks amid a selloff in global markets.
The wholesale price-based inflation declined 0.58 per cent in July, even as food items turned costlier. WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively.
Aurobindo Pharma has said it is expecting its proposed vaccine candidate for COVID-19 to undergo Phase I and II trials by the end of 2020, while Phase III may be undertaken during March-April next year. Managing Director of Aurobindo Pharma, Narayanan Govindarajan in the recently held earnings call with analysts said the city-based pharma major has earmarked USD 150-200 million towards capex during the current fiscal. The COVID-19 vaccine candidate underwent an evaluation by BIRAC (Biotechnology Industry Research Assistance Council, Department of BioTechnology) and was shortlisted for funding initial development.
Many of us keep our money in the savings account we have. For service sector employees its mostly their salary account with the operating bank. Most of us who don’t know much about investment and go for saving their hard-earned money in Savings Bank Account or Fixed Deposit in Banks/NBFCs.
iPhone maker Foxconn's CEO Young Liu has said China's days as world's factory are over, amid trade tension between Beijing-Washington that is pushing technology giants to move away and look out to other possibilities may be in the southeast Asia for their manufacturing line-up.
A lot has been achieved in the 26-year old journey of HDFC Bank but the "best is yet to come", the lender's outgoing Managing Director Aditya Puri said. Puri expressed satisfaction that he was passing on the baton to Sashidhar Jagdishan, who is the "worthiest person" to lead the bank.
Prime Minister Narendra Modi has launched the 'transparent taxation' platform having components — faceless appeals by taxpayers, faceless assessment of taxpayers and the Rights' Charter for the taxpayers. An in-depth look into what these tax reforms mean.
Hyundai Motor India Ltd (HMIL) on Thursday launched a membership programme for its new car buyers across the country. As part of the initiative, the company has tied up with 21 brands across lifestyle, travel, education, car accessories, among others to offer various benefits to its new car buyers.
Hong Kong and Shanghai Banking Corporation (HSBC) has put the iconic building at Mumbai's Horniman Circle for sale. Horniman Circle in Mumbai is an area that features majestic British-built building that are still in fine condition and are used by corporations for businesses.
The proliferation of 5G applications will provide abundance of data with various dimensions, requiring more detailed and accurate enterprise credit assessment and anti-fraud analysis in the fintech industry, a top Huawei executive said on Thursday.
The Delhi High Court has directed land owning agency, DDA, to deposit with pollution control body, DPCC, the environment damage compensation of Rs 50 lakh imposed on it for alleged water contamination of storm water drains on the Samalkha-Dwarka Road here.
Maruti, the country's largest car manufacturer, has decided to shift out from its Gurugram plant in Haryana, according to a TOI report. However, it plans to carry out activities via an alternative plant in Haryana itself.
Prime Minister Narendra Modi launched a platform to honour honest taxpayers via video conferencing at 11 AM on Thursday (today). The launch of the platform for 'Transparent Taxation - Honoring the Honest' will further carry forward the journey of direct tax reforms.
China's ByteDance is in early talks with Mukesh Ambani's Reliance Industries Ltd for investment in its video-based app TikTok's business in India, according to TechCrunch. The report said the two companies began conversations late last month. However, they have not reached a deal yet.
In the previous session, the Sensex had settled 37.38 points or 0.10 per cent lower at 38,369.63, and the NSE Nifty slipped 14.10 points or 0.12 per cent to close at 11,308.40.
Union minister Nitin Gadkari on Wednesday called for increased investment by international institutions and bodies in the Indian Highways and MSME sectors, the MSME Ministry said.
Gold prices tanked Rs 1,228 to Rs 52,946 per 10 gram in the national capital on Wednesday due to recovery in dollar and coronavirus vaccine announcement by Russia, according to HDFC Securities.
After touching a low of 38,125.81 during the day, the BSE Sensex pared most losses to end 37.38 points or 0.10 per cent lower at 38,369.63.
Top News
Latest News
