Indian spot gold rate and silver price on Monday, Jul 12, 2021
Spot gold prices observed no change since yesterday( ₹47810) and also, it was on par with the average gold price observed this week ( ₹47848.6). There has been no change in both the global($1802.8) and Indian spot gold price( ₹47810). Gold and other precious metals on Monday, Jul 12, 2021 In global markets, gold prices remained stable today […]
Delhi HC tells Centre to take action against Twitter Inc for any breach of new IT Rules
The Delhi high court on Thursday told the Centre it was free to take action against Twitter Inc in case of any breach of the new IT Rules and that no interim protection was granted even as the new IT minister Ashwini Vaishnaw said those who live and work in India will have to abide […]
Petrol, diesel costlier today, even as international oil rates slump
The surge in auto fuel rates continued unabated for the 37th time in 66 days with fuel retailers raising petrol price by 35 paise per litre and diesel by 9 paise on Thursday. Even as international oil prices fell sharply by over 5.5% in the last three days, pump prices of petrol and diesel moved […]
Rupee Slips 15 Paise To 74.70 Against US Dollar In Early Trade
The Indian Rupee depreciated 15 paise to 74.70 against the US dollar in opening trade on Wednesday amid a weak risk appetite in the region. Forex traders said firm American currency, rising crude oil prices and broad weakness in the domestic equity market also weighed on investor sentiment. At the interbank foreign exchange, the rupee […]
Rupee Falls 24 Paise To Close At 74.55 Against US Dollar
The rupee weakened by 24 paise to end at 74.55 (provisional) against the US dollar on Tuesday as firmer American currency and rising crude oil prices weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 74.28 per dollar. It hovered in the range of 74.25 to 74.62 during the day […]
UAE criticises oil production deal as unjust
DUBAI: The United Arab Emirates on Sunday criticised the current oil output deal among Opec+ alliance members as unjust, escalating a row that could derail the energy market’s post-pandemic recovery. The UAE’s push to increase its production baseline is reported to have derailed last week’s meeting of the alliance of oil-producing countries, and also sets […]
Over 96% complaints Google received in April related to copyright violations
Over 96 per cent of the 27,762 complaints that Google received in April this year were related to copyright violations, much like the one which resulted in the blocking of the Twitter accounts of IT minister Ravi Shankar Prasad and IT parliamentary committee head Shashi Tharoor. While Twitter blocked their accounts for violating the Digital […]
Rupee Falls 7 Paise To 74.26 Against US Dollar In Early Trade
The Indian rupee slumped 7 paise to 74.26 against the US dollar in opening trade on Tuesday as a muted trend in domestic equities and firm crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened lower at 74.26 against the dollar, registering a fall of 7 paise over its […]
India far behind China in bicycle exports
Despite being the second-largest market in the world, bicycle exports from India is miniscule as compared to China. Out of nine crore bicycles produced in China every year, six crore are exported across the world. However, India exported only 7.82 lakh bicycles in 2019-20. Manufacturers are of the view that the imposition of anti-dumping duty […]
India’s airline industry seen racking up $8 billion in Covid losses over two years
India’s aviation industry faces pandemic-induced losses totalling some $8 billion for this year and last and is “standing on the edge of a cliff,” the CAPA Centre for Aviation warns in its yearly industry outlook. “We have run out of words to describe the state of Indian airlines,” CAPA says tersely in its India Airline […]