Gold prices edged lower in the domestic market on Friday, with profit-taking setting in after bullion retreated from record levels in overseas trade amid a firmer US dollar. On the Multi Commodity Exchange (MCX), gold futures for the February contract fell Rs 520, or 0.36 per cent, to Rs 1,42,601 per 10 grams, with volumes…
Deloitte India has urged the government to use the FY27 Budget to strengthen India’s trade resilience by expanding export credit and concessional financing for MSMEs, while also earmarking funds for exploration and overseas access to critical minerals, according to its Budget expectations released on Friday .Highlighting the central role of small enterprises in the economy,…
Scott Adams, the creator of the Dilbert comic strip, has passed away Scott Adams, the creator of the Dilbert comic strip, passed away a few days ago at 68 after battling cancer. For most people, he was the man who made cubicle life funny, who turned the pointy-haired boss into a universal symbol of corporate…
Indian equities traded in green on Friday, as NSE Nifty50 soared over 25,800 and BSE Sensex gained over 700 points. However the indices later trimmed their gains, with Sensex trading at 83,712, up 329 points or 0.4% while Nifty50 gained 25,743, higher 78 points or 0.31% as on 12:30 pm.Ajay Bagga, Market expert told ANI…
The International Monetary Fund has highlighted India’s position in world economy, saying that New Delhi continues to play a crucial role in driving global economic growth, with recent indicators pointing to stronger-than-expected performance. Addressing reporters during a media briefing on Thursday, IMF spokesperson Julie Kozack said that India has emerged as one of the world’s…
NEW DELHI: Unemployment rate for those in the 15 years and above age group inched up marginally in Dec while the labour force participation rate (LFPR) maintained an upward momentum, the periodic labour force survey monthly showed ThursdayThe overall joblessness rate was estimated 4.8% in Dec compared to 4.7% in Nov. The survey results showed…
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The…
India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…
Wall Street steadied on Thursday as heavyweight technology stocks bounced back on the back of strong signals from the global chip industry, while a sharp drop in crude oil prices helped soothe broader market concerns, according to an AP report.The S&P 500 rose 0.6%, snapping a two-day losing streak that followed its recent record high….
The address of the finance ministry may have changed, but when it comes to guarding the country’s most closely held financial secret, tradition still holds firm on Raisina Hill.Even after the ministry’s move to the new Central Secretariat offices at Kartavya Bhawan last year, the printing of the Union Budget — among the most confidential…
