BUSINESS

Gold declines Rs 133, silver plunges Rs 875

7:25 pm October 13, 2020

New Delhi: Gold prices fell Rs 133 to Rs 51,989 per 10 gram in the national capital on Tuesday, witnessing the first decline in three days amid a weak global trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 52,122 per 10 gram. Silver prices also declined Rs […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

No consensus on borrowing for shortfall in GST compensation cess: FM

10:55 pm October 12, 2020

New Delhi: Finance minister Nirmala Sitharaman announced on Monday that the Centre and states ended the GST (Goods and Services Tax) Council meeting without conclusion. This comes after a long-drawn feud between state governments and the Centre that remain at loggerheads regarding GST compensation. Sitharaman called it a “very useful meeting”, adding that this was […]

Infosys completes acquisition of Kaleidoscope Innovation

9:53 pm October 12, 2020

New Delhi: IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation. On September 3, Infosys had announced that it will acquire Kaleidoscope Innovation for up to USD 42 million (about Rs 308 crore). Kaleidoscope Innovation is a full-spectrum product design, development and insights […]

Rupee drops 12 paise to 78.28 on strong dollar

7:59 pm October 12, 2020

Mumbai: The rupee snapped its three-session winning run on Monday, declining by 12 paise to close at 73.28 against the US dollar amid weakening Asian peers against the greenback. Starting off on a bullish note, the Indian currency touched the day’s high of 73.06 before losing momentum. It swung 25 paise during the session. Clocking […]

Digital payments soar manifold in 5 years to FY20: RBI

6:55 pm October 11, 2020

Mumbai: Concerted efforts by the Reserve Bank to move to a non/less-cash economy by pushing digital payments have begun to pay rich dividends as the volume of such payments has jumped manifold in the past five years, the latest data from the central bank showed. Between 2015-16 and 2019-20, digital payments have grown at a […]