Spot exchange for gold will benefit trade: WGC
New Delhi, Sep 28 (IANS) With the Indian government pushing for transparency in governance and having an appetite for reform, it is time for introduction of spot exchange for gold, the World Gold Council (WGC) said on Thursday. The WGC is a market development organisation for the gold industry. In a report “A gold spot […]
Indian equities plunge, Sensex tanks over 300 points
Mumbai, Sep 27 (IANS) Key Indian equity indices plunged over one per cent each during the mid-afternoon trade session on Wednesday, with the BSE Sensex shedding over 300 points and the NSE Nifty50 over 100 points. According to market observers, caution ahead of futures and options (F&O) expiry, coupled with a weak rupee and profit […]
Dabur India launches 30 products on Amazon’s global platform
New Delhi, Sep 26 (IANS) In a bid to reach out to customers globally, fast moving consumer goods (FMCG) major Dabur India on Tuesday said it has tied up with global e-commerce giant Amazon to launch around 30 products on the platform. The company said under this collaboration, Amazon will help to take around 30 […]
Jaitley tells French businesses to invest in Indian infrastructure
New Delhi, Sep 26 (IANS) Union Finance Minister Arun Jaitley on Tuesday invited French businesses to invest in Indian infrastructure, including highways, railways, ports and airports. “Market mechanisms and rule of law determine transparent and honest decision-making in new India,” Jatiley told a delegation of French business leaders led by P. Gattaz, President of Movement […]
Travel now and Pay later, new scheme of Etihad airways
The UAE’s flag carrier Etihad Airways has launched a ‘fly now and pay later’ scheme which provides people an option of paying the ticket fare in monthly instalments, the airline said. The Abu Dhabi-based airline said the initiative is designed to allow families to book flights with convenience as payment plans have been tailored to […]
US dollar ends sharply higher against rupee
Mumbai, Sep 21 (PTI) The US dollar ended sharply higher against the rupee at 64.81/82 per dollar and the pound sterling also finished higher at Rs 87.31/33 at the close of the Interbank Foreign Exchange (forex) market here today. Following are the interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US […]
Govt will announce additional measures to boost growth: FM
New Delhi, Sep 20 (PTI) Finance Minister Arun Jaitley today said the government is considering additional measures to bolster economy that has hit a three-year low of 5.7 per cent in the first quarter of the current fiscal. The minister said an announcement with regard to the additional steps will be made after consulting Prime Minister […]
Rupee drops 16 paise against US dollar
Mumbai, Sep 14 (PTI) The rupee dropped by 16 paise to 64.16 against the US dollar in early trade trade at the interbank forex exchange on Thursday on fresh buying of the American currency by importers. Traders said the dollar’s strength against some currencies overseas on expectations of an interest rate hike this year weighed on […]
Milk content increased by 8% in new Milkybar: Nestle India
Ponda (Goa), Sep 13 (IANS) Trying to improve the nutritional profile of its chocolate products, Nestle India has re-introduced “Milkybar” with its milk content increased by 8 per cent. The company said raising the milk content has been followed by reducing the sugar quantity in the product by about 10 per cent and with improved […]
Sensex marginally higher at close, Nifty ends in red
September 13, 2017 The BSE Sensex advanced by 28 points to close at 32,186.41 on Wednesday after early gains were undone by late sell-off by participants amid uninterrupted capital outflows by foreign funds. Intra-day, the benchmark Sensex rallied about 190 points in initial trade on widespread gains. Sentiment took a dramatic change particularly in […]
