global markets

Niti Aayog meet: Spoke on Mahadayi, mining, says Goa CM

Corporate tax giveaway to have little impact on fiscal goals: Niti Aayog

8:15 pm September 21, 2019

Mumbai : The Rs 1.45- trillion tax giveaway is unlikely to widen fiscal deficit much as the shortfall will be met through increased tax collections due to higher growth which the massive tax cuts are expected to achieve, Niti Aayog Vice Chairman Rajiv Kumar said here on Saturday. On Friday, the government had announced tax cuts for […]

Rajasthan: Around Rs 4.5 crore cash seized from car

Rupee rallies 40 paise on corporate tax cut

7:31 pm September 20, 2019

Mumbai: The Indian rupee on Friday rose by 40 paise to settle at 70.94 to the US dollar after forex market sentiment was buoyed by the government decision to slash corporate taxes. The news of lowering corporate tax rejoiced the equity market as well, but the bond market did not take the announcement very well. […]

Gold up Rs 83, silver climbs Rs 160

7:57 pm September 5, 2019

New Delhi: Gold prices on Thursday rose Rs 83 to Rs 39,271 per 10 gram in the national capital, according to HDFC Securities. In Delhi, the price of gold for 24 Karat (99.9 per cent purity) during the day rose to Rs 39,271 per 10 gram as compared with Wednesday’s closing price of Rs 39,188 […]

Rupee falls 17 paise against US dollar in early trade

12:14 pm August 29, 2019

Mumbai: The rupee depreciated by 17 paise to 71.95 against the US dollar in early trade on Thursday, tracking weak domestic equity market and persistent foreign fund outflows. Pessimism over US-China trade talks also put pressure on the domestic unit, forex dealers said. However, a weak dollar against other major currencies overseas and softening crude […]

Gold continues bull run, nears Rs 39,000 mark

5:51 pm August 22, 2019

New Delhi: Continuing the record-setting trend, gold price on Thursday hit a new high of Rs 38,970 per 10 gram by gaining Rs 150 in the national capital, according to the All India Sarafa Association, mainly on account of a weaker rupee and safe-haven buying from investors due to weak equity market. Gold prices have […]