Gold prices decline by Rs 350, silver drops Rs 200

Gold prices decline by Rs 350, silver drops Rs 200

Saturday, 24 August 2024 | PTI | New Delhi

Gold prices declined by Rs 350 to Rs 73,800 per 10 grams in the national capital on Friday, according to the All India Sarafa Association. In the previous session, gold of 99.9 per cent purity traded at Rs 74,150 per 10 grams. Silver declined by Rs 200 to Rs 87,000 per kg...

Adopt more supportive, empathetic approach towards MSMEs, lenders told

Adopt more supportive, empathetic approach towards MSMEs, lenders told

Friday, 23 August 2024 | PTI | Mumbai

Reserve Bank Deputy Governor Swaminathan J has asked financial institutions to adopt a more sensitive and empathetic approach towards MSMEs, and deploy supportive measures like restructuring options for loans, to support the sector which plays a key role in the economy. In a speech at the Annual Day of the Foreign...

POWERGRID acquires STL

Friday, 23 August 2024 | PNS | New Delhi

Power Grid Corporation of India Limited (POWERGRID) — a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited on August 22, 2024. The purpose is for the Transmission System Projects for evacuation of power from Rajasthan REZ...

GoM on GST rate rationalisation discusses tax cut for some items

Friday, 23 August 2024 | PTI | New Delhi

The ministerial panel on GST rate rationalisation on Thursday broadly converged towards retaining a 4-tier slab structure and asked the committee of tax officers to analyse the implication of tinkering rates on some items and present it before the GST council. The issue of GST on health and life insurance was...

Gold loan market projected to double in 5 years to `14.19 lakh crore: PwC India

Friday, 23 August 2024 | PTI | New Delhi

India’s organised gold loan market is projected to double in next five years to Rs 14.19 lakh crore despite expected moderation in growth due to stricter regulations, said a PwC India report. In fiscal 2023-24, the organised gold loan market demonstrated substantial growth, reaching a valuation of Rs 7.1 lakh crore,...

Sensex rises 147 points, Nifty ends above 24,800 on firm global trend

Friday, 23 August 2024 | PTI | Mumbai

Benchmark BSE Sensex rose by 147 points to settle above 81,000 level while Nifty closed above 24,800 following buying in commodity, telecom and consumer stocks amid a firm trend in global markets. Rising for the third straight day, the 30-share BSE Sensex rose by 147.89 points or 0.18 per cent to...

Expect scooter segment to account for over 40% of two-wheeler sales, says TVS Motor

Friday, 23 August 2024 | PTI | New Delhi

TVS Motor Company expects the scooter segment to grow further and account for around 40 per cent of the overall two-wheeler sales, its CEO KN Radhakrishnan said on Thursday. The company, which on Thursday introduced the new Jupiter 110, said it has outpaced the industry in scooter sales with a compound...

Rupee falls 4 paise to close at 83.94 against US dollar

Friday, 23 August 2024 | PTI | Mumbai

The rupee traded in a narrow range and settled lower by 4 paise at 83.94 (provisional) against the American currency on Thursday, as relentless dollar demand from importers and relentless foreign fund outflows dampened investor sentiments. However, a positive trend in domestic equities and lower global crude oil prices supported the...

State Editions

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Sunday Edition

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