New Delhi: Gold rose by Rs 285 to Rs 48,892 per 10 gram in the national capital on Tuesday following a rally in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,607 per 10 gram. Silver also jumped Rs 952 to Rs 71,850 per kilogram […]
Amazon founder Jeff Bezos has picked a date to step down as CEO. Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said on Wednesday Amazon executive Andy Jassy will take over the CEO’s role on July 5. “We chose that date because it’s sentimental for me,” Bezos said during a […]
For the sixth time this month, petrol and diesel saw a hike in prices on Tuesday, propelling prices to cross the Rs 100-a-litre-mark in places from Nanded in Maharashtra to Rewa in Madhya Pradesh to Jaisalmer in Rajasthan. The increase took petrol and diesel prices to their highest-ever level across the country. In Delhi, petrol […]
India and Pakistan are trying to leave behind decades of acrimony and hostility. This is not an easy task for both the countries as the trust is missing even today between the two countries even as they are trying to engage each other. Recent media reports have suggested that Pakistan is willing to move forward […]
South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it is the No. […]
New Delhi: Gold prices declined by Rs 49 to Rs 43,925 per 10 gram in the national capital on Wednesday reflecting overnight selling in global precious metal prices, according to HDFC Securities. The precious metal had closed at Rs 43,974 per 10 gram in the previous trade. Silver also registered a fall of Rs 331 […]
The rupee appreciated by 14 paise to 72.48 against the US dollar in opening trade on Friday supported by positive domestic equities. At the interbank forex market, the local unit opened at 72.51 against the US dollar, then inched higher to 72.48 against the greenback, registering a rise of 14 paise over its previous close. […]
Oil prices pressed higher on Monday after strikes on major facilities in Saudi Arabia, the world’s largest exporter, shook energy markets already rattled by a decision by producers last week to not lift output. Brent crude, the international standard, surpassed $70 per barrel for the first time in over a year, gaining $1.14 to $70.47 […]
India Grid Trust, India’s first power infrastructure investment trust (InvIT), on Saturday signed a share purchase agreement to acquire NER-II Transmission Limited from Sterlite Power as part of the Framework Agreement. The indicative value of the acquisition is Rs 4,625 crore and would boost IndiGrid’s AUM (asset under management) by 34 per cent to over […]
Budget carrier SpiceJet joins hands with WheelTug Plc for reserving 400 production slots for the electric taxi system, the airline said on Wednesday. The application of such a system helps move an aircraft forward or backward without powering its engines or using external tugs. “The electric taxi system will enable SpiceJet in saving fuel, reducing […]