Gold Prices Fall as Traders Lock In Gains
Gold prices retreated from five-month highs as some investors locked in profits ahead of the weekend. The most actively traded gold contract, for February delivery, ended $8.10, or 0.6%, lower at $1,292.60 a troy ounce on the Comex division of the New York Mercantile Exchange. Some investors chose... read more »
SBI signs loan pact with EIB
State Bank of India (SBI), India’s largest bank and the European Investment Bank (EIB), the European Union’s long-term lending institution, signed a loan agreement for Euro 100 million to be utilised for on-lending to private businesses in the country. “This is third tranche of a total loan... read more »
Air India brings back passengers stranded at Budapest
Air India on Friday pressed into service two of its India bound international flights to bring back passengers stranded at Budapest, the capital of Hungary. The flights arrived in Mumbai and Delhi late in the afternoon, Air India officials said. Last night Air India flight AI 130 from London to... read more »
Direct Tax collections up 13% in April-Dec
Gross direct tax collections – including tax on personal and corporate incomes – from April to December of financial year 2014-15 are up by 12.93 per cent at Rs. 5,46,661 crore as against Rs. 4,84,063 crore collected during the same period in 2014. The rate of growth of the collections is just... read more »
