BUSINESS

Gold jumps Rs 268; silver gains Rs 1,623

6:55 pm October 30, 2020

New Delhi: Gold in the national capital rose Rs 268 to Rs 50,812 per 10 grams on Friday following recovery in international prices of precious metal, according to HDFC Securities. The metal had closed at Rs 50,544 per 10 gram in the previous trade. Silver also witnessed increased buying as it gained Rs 1,623 to […]

India set to reboot domestic tourism

5:10 pm October 30, 2020

By Aditya Vikram Singh/New Delhi: WITH a view to boost tourism back home in India, the Government of India has undertaken many initiatives to promote domestic tourism in the country. It is worth mentioning here that the tourism sector has suffered heavenly across the globe in view of the recent outbreak of the Covid-19 pandemic […]

Remittances to India to drop by 9% in 2020: World Bank report

11:59 pm October 29, 2020

Washington: The World Bank on Thursday said remittances to India would fall this year by nine per cent to USD 76 billion due to the ongoing coronavirus pandemic and global economic recession. India followed by China, Mexico, the Philippines, and Egypt continue to be the top five countries in 2020 to receive foreign remittances, the […]

Gold declines Rs 121, silver plunges Rs 1,277

7:12 pm October 29, 2020

New Delhi: Gold prices fell Rs 121 to Rs 50,630 per 10 gram in the national capital on Thursday, according to HDFC Securities. The precious metal had closed at Rs 50,751 per 10 gram in the previous trade. Silver prices also declined Rs 1,277 to Rs 60,098 per kilogram from Rs 61,375 per kilogram in […]

Rupee slumps 23 paise, settles below 74/USD level

7:09 pm October 29, 2020

Mumbai: The rupee continued its downward journey on Thursday, sliding another 23 paise to settle at 74.10 against the US dollar, tracking weak domestic equities and strong American currency amid global risk aversion. At the interbank forex market, the domestic unit opened weak at 74.02 against the greenback, then lost further ground and finally closed […]