Petrol price at 2-yr high of Rs 83 per litre, diesel at 73.32
New Delhi: Petrol price on Saturday breached the Rs 83 per litre-mark in Delhi for the first time in more than two years after a rally in international oil prices forced a 13th increase in rates in the last fortnight. Petrol price on Saturday was raised by 27 paise per litre and diesel by 25 paise, […]
KTM 250cc bike for Rs 2.5 lakh
KTM, a premium motorcycle brand, on Friday launched the KTM 250 Adventure — a 250-cc adventure motorcycle that follows its elder sibling the KTM 390 Adventure, which was launched a few months back. The KTM 250 will retail at Rs 2,48,256 (ex-showroom Delhi). The bike is powered by a 248cc four-valve single cylinder liquid cooled […]
Gold falls Rs 357, silver declines Rs 532
New Delhi: Gold prices fell Rs 357 to Rs 50,253 per 10 gram in the national capital on Wednesday on rupee appreciation and muted demand by investors, according to HDFC Securities. The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade. Silver prices also declined Rs 532 to Rs 62,639 […]
Gold rises Rs 241, silver gains Rs 161 on festival buying
New Delhi: Gold prices on Friday rose Rs 241 to Rs 50,425 per 10 gram on festival buying on account of the auspicious occasion of Dhanteras and Diwali, according to HDFC Securities. The precious metal had closed at Rs 50,184 per 10 gram in the previous trade. Silver also gained Rs 161 to Rs 62,542 […]
Rupee soars 47 paise to 74.29 against US dollar in early trade
The rupee appreciated 47 paise to 74.29 against the US dollar in opening trade on Thursday, as investor sentiments strengthened amid expectation of Joe Biden’s victory in the US Presidential elections. Traders said positive domestic equities and weak American currency also supported the local unit. At the interbank forex market, the domestic unit opened at […]
Rural unemployment climbs to 6.9% in October
India’s rural unemployment rate climbed more than 100 basis points month-on-month (m-o-m) in October with the region seeing a significant fall in the creation of person-days under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), even as the rabi harvest season kicked off. Rural unemployment climbed to 6.9% in October against 5.86% in September, […]
Oil prices slump 4% on jitters over Europe lockdowns, US elections
Oil prices slumped more than 4% on Monday to the lowest levels since May on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the US. Presidential election week. Brent crude for January was at $36.32 a barrel, down $1.62, or 4.3%, by 0018 GMT, while […]
Amazon may move high court to enforce order
Amazon.com Inc., which won interim relief against Future group in a Singapore court, is likely to move an Indian high court by next week to enforce the verdict if Future declines to pursue arbitration proceedings in the city-state, two people aware of the development said. Amazon and Future have a week’s time to mutually agree […]
Future-Reliance deal put on hold
Amazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based arbitration panel put the deal on hold. Amazon had agreed to buy 49 per cent of one of Future’s unlisted firms. It had dragged Future to arbitration after […]
Saffron, Walnut, Basmati, Apple to be promoted
The Chief Secretary, B V R Subrahmanyam today chaired a meeting of the Apex Level Approval Committee (ALAC) to review the rollout of the ‘One District-One Product’ component of the ‘Formalization of Micro Food Processing Enterprises’ (FME) scheme in Jammu & Kashmir. Administrative Secretaries of departments of Agriculture Production and Farmers Welfare, Horticulture, Animal Husbandry […]