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State-owned carrier Air India understate...

State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »

India’s Avenue Supermarts IPO over...

India’s Avenue Supermarts IPO oversubscribed 106 times

MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »

India’s industrial output up 2.7 p...

India’s industrial output up 2.7 percent in January

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

Volkswagen, Tata Motors plan to cooperat...

Volkswagen, Tata Motors plan to cooperate in India

NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata Motors to jointly develop auto components and vehicles for the Indian subcontinent and beyond. ... read more »

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Investing

Gold prices rise by Rs 240 to Rs 30,600 per ten gram on global cu...

Snapping two days losses, gold prices rose by Rs 240 to Rs 30,600 per ten gram in the national capital Thursday on emergence of buying at existing lower levels amid a firm global trend. Silver... read more »

Canada's Detour Gold expects lower cash costs in 2014

Canada’s Detour Gold expects lower cash cost...

Canada’s Detour Gold Corp said it expects cash costs to fall to $800-$900 per ounce sold and production to double to 450,000-500,000 ounces... read more »

Gold import: Government may axe 80:20 scheme

Gold steady after two-day fall, economic optimism weighs

The government is considering doing away with the controversial 80:20 scheme for gold import, in a bid to partially relax the restrictions on import of the... read more »

Gold rallies to two-month high on safe-haven bids

Singapore – Gold rallied for a third session on Monday to its highest in two months as equities fell on worries that capital outflows from emerging... read more »

Gold Continues to Regain Strength

Gold dropped Rs. 275 to Rs. 29,900 per ten grams

Gold’s ongoing advance has put the squeeze on short sellers, causing a short-covering rally which led to gold’s fourth consecutive week of gains.  The... read more »

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Gold & Metals

Gold tumbled by Rs 510 to Rs 31,015 per ten grams, , weak global cues

Gold tumbled by Rs 510 to Rs 31,015 per ten grams, weak global cu...

After two days of gains, gold tumbled by Rs 510 to Rs 31,015 per ten grams in New Delhi on Monday on stockists selling at existing higher levels amid a weak global trend. Silver also lost Rs 275 to... read more »

Gold futures ease to Rs 29,130 per 10 gm

Gold futures ease to Rs 29,130 per 10 gm

New Dehli – Gold prices moved down 0.36 per cent to Rs 29,130 per 10 gram at the futures trade today after participants offloaded partial... read more »

Gold extends gains on sustained buying, Rs 31,525 per 1...

Gold extends gains on sustained buying, firm global cues

New Delhi – Gold prices extended gains for the second straight day by adding Rs 205 to reach Rs 31,525 per ten grams here on Saturday on sustained buying... read more »

Gold prices recovered by Rs 105 to Rs 31,320 per ten gr...

Gold prices recovered by Rs 105 to Rs 31,320 per ten grams

Gold prices recovered by Rs 105 to Rs 31,320 per ten grams in the national capital on Friday on revival of buying at existing lower levels amid a firming... read more »

Gold prices dropped by Rs 210 to Rs 31,215 per ten gram

Gold prices dropped by Rs 210 to Rs 31,215 per ten gram

Extending its losses for the second straight day, gold prices dropped by Rs 210 to Rs 31,215 per ten gram in the national capital on Thursday on sustained... read more »

More from Business

Govt likely to implement Companies Act fully by March 2016

The Companies Act, 2013, is likely to be implemented fully by March 2016, says president of the Institute of Company Secretaries of India (ICSI), Atul H Mehta. Addressing a press meet here,... read more »

Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks

Government is considering a proposal to raise FDI limits to 100 percent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas... read more »

Larsen & Toubro bags orders worth Rs 1,810 crore

Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company’s construction... read more »

Indian IT companies among world’s worst paymasters

NEW DELHI: Indian IT companies are among the 10 worst paymasters in the world, says a survey — a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart... read more »

Arun Jaitley pitches India story, finds takers in fund managers

NEW DELHI: Asserting that India’s macroeconomic parameters are sound, Finance Minister Arun Jaitley on Monday said that foreign investors are looking for alternatives to China when it comes to... read more »

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