Gold futures decline 20% from record highs of 2020
Gold futures plunged around 20 per cent from the record highs as the bullion market which peaked at the height of the pandemic last year has come to a halt. The fall in gold prices comes at a time when hopes of economic recovery in post-pandemic era is gaining momentum. The recent decline comes largely […]
Rupee Gains 22 Paise To 73.15 Against US Dollar In Early Trade
The rupee appreciated by 22 paise to 73.15 against the US dollar in opening trade on Wednesday, supported by positive domestic equities and sustained foreign fund inflows. At the interbank forex market, the local unit opened at 73.26 against the US dollar, then inched higher to 73.15 against the greenback, registering a rise of 22 […]
BJP’s ‘Ill-Considered Demonetisation Decision’ Has Resulted In High Unemployment: Manmohan Singh
Lashing out at the Centre, former Prime Minister Manmohan Singh, said India’s unemployment rate has spiked due to the “ill-considered demonetisation decision” taken by the BJP-led government in 2016. The senior Congress leader further added that the informal sector is in “shambles”. “Unemployment is high and the informal sector is in shambles, a crisis precipitated […]
After Rajasthan, Petrol Prices Cross Rs 100-Mark In Madhya Pradesh
With fuel prices increasing for the tenth day in a row, petrol prices crossed the Rs 100-mark in Madhya Pradesh on Thursday. As petrol price increased by 34 paise per litre, diesel price was hiked by 32 paise per litre, according to a price notification of state-owned fuel retailers. While branded or additive-laced petrol, which […]
Petrol crosses Rs 100-mark in Rajasthan as rates up for 9th straight day
For the first time ever, the price of petrol crossed the Rs 100 per litre mark in Rajasthan on Wednesday after fuel rates were hiked for the ninth day in a row. Petrol and diesel prices were increased by 25 paise per litre each, according to a price notification of state-owned fuel retailers. While branded […]
Amazon surpasses $100B in quarterly revenue for 1st time
After Apple, Amazon became the second US tech company to log its largest quarter by revenue of all time at $125.56 billion, as online shopping broke all records in the holiday quarter (October-December period) amid the Covid-19 pandemic. The company doubled its net income to $7.2 billion for the quarter, compared to $3.3 billion for […]
TikTok to shut down India business
Chinese social media firm Bytedance, which owns TikTok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country. TikTok’s global interim head Vanessa Pappas and vice president for global business solutions Blake Chandlee in a joint email to employees have communicated the decision of the […]
Honda Motorcycle and Scooter rolls out new Grazia
Honda Motorcycle and Scooter India (HMSI) Pvt Ltd on Friday rolled out a new edition of its urban 125cc scooter Grazia called the Grazia Sports Edition, priced at Rs 82,564 (ex-showroom Gurgaon, Haryana). Yadvinder Singh Guleria, director-sales and marketing, HMSI Pvt Ltd, said, “Honda Grazia is an urban scooter for the young. As educational institutes […]
Petrol, diesel prices hiked again, scale new highs
New Delhi: Petrol and diesel prices on Thursday were hiked by 25 paise per litre each, the second straight day of increase in rates that took the prices to new highs. Petrol now costs Rs 84.70 per litre in Delhi and diesel is priced at Rs 74.88, according to a price notification from oil marketing companies. […]
Petrol price hit all-time high in all metros
Prices of petrol hit all-time high on Thursday as rising global oil prices pushed fuel marketing companies to raise the pump price of auto fuels for the second time in 2021. Delhi saw a sharp rise of 23 paise a litre of petrol on Thursday. Petrol in the city is now retailing at Rs 84.20 […]
