Gold declines Rs 436; silver gains Rs 233
Gold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal had finished…
Category Archives: Business
Widening trade deficit pushes India to disincentivize gold imports
India is experiencing a widening trade deficit, this essentially means that it is buying more goods and services than it is shipping out. India’s trade deficit widened to a record…
HDFC Bank records 21.5% loan growth in Q1
Private sector HDFC Bank on Monday said the bank has registered a 21.5 per cent rise in loans to Rs 13,95,000 crore in the first quarter this fiscal. The credit…
Rupee gains 12 p to close at 78.94 against US dollar
The rupee rebounded from its all-time low to close 12 paise higher at 78.94 (provisional) against the US dollar on Friday. At the interbank forex market, the local unit opened…
Govt slaps tax on petrol, diesel exports; imposes windfall tax on crude oil
The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude…