Dentalcare startup Smiles raises $23 million from Alpha Wave, Sequoia IndiaSmiles.ai said it will deploy this funding towards expanding its footprint nationally, strengthening the leadership team, and building tech...
CBI books DGM, AGM of Union Bank of IndiaThe FIR has been registered against the then Deputy General Manager, Ashok Kumar Dhabhai, and the Assistant General Manager, K Shivashankar...
Unseasonal rains, hailstorms affect rural demand for gold in wedding seasonFarmers and villagers are using their household gold to meet the wedding demand rather than buying fresh gold, jewellers say.
Silver demand falls 75% in current fiscal; Traders blame poor monsoon and robust equity marketIndia imported about 4,000 tonnes of silver last year, spelling average monthly imports of about 330 kg per month.
FM Jaitley scores one against current account deficit as gold imports fall 62 per centThere is some good news in store for the finance minister Arun Jaitley, who was facing the crucial task of keeping current account deficit ...
Gold futures hit Rs 27,035 on weak rupeeIt touched an intraday high of Rs 27,035 and a low of Rs 26,650. In the spot market, the yellow metal appreciated by Rs 300 to Rs 27,700 pe...
Gold prices remain steady amid negative outlookAnalysts said the forecast of below-average monsoon would hit demand further in the rural areas for the yellow metal.
Gold prices fall sharply as RBI allows seven more agencies to importThe June contract on MCX was trading at Rs 27,277 per 10 gm. Gold touched an intraday high of Rs 27,520 per 10 gm and a low of Rs 27,225.
Gold futures recover after early decline, spot price dropsGold futures dropped in Tuesday morning trade to Rs 28,120 per 10 gm before recovering at mid-day to Rs 28,165 per 10 gm
Gold declines on strong rupee, holds at 1-week record overseasA strong rupee pushed down gold prices in India even though it held at a one-week high in international markets.
Gold edges up in spot, futures marketsGold gained on Friday in Indian futures and spot markets on steady demand.Spot gold edged up Rs 50 at Rs 29,900 per 10 gm.
Gold futures, spot rates rise as jewellers restock inventoryGold is expected to be range-bound this week unless the Ukrainian crisis intensifies further, said Amit Sampat, director, Pushpak Bullions.
Rural gold demand may not pick up during Akshaya TritiyaWhile the mood in rural India is muted, jewellers say that demand in urban India will shot up in the range of 6 per cent -15 per cent vis-a...
Why Indians love it when government makes gold expensiveGovt of India makes gold more expensive by hiking duties four times in 20 months, hoping this will deter citizens of India from holding mor...
Gold imports to taper as government curbs dent demandThe fall in gold imports could come as a huge relief to the government, battling a record high current account deficit of 6.7 per cent of G...
Semi-purified gold bars may find a passage to IndiaRefining of impure gold may spawn a new line of business; jewellers may also look at setting up refineries to ensure a steady supply of the...
- Budget 2012: Wait and watch budget for retail sector, says Ernst & Young India
On customs duty front, removal of education cess on CVD component of customs duty will result in reduction in effective rate of customs dut...