Govt Hikes Gold Import Duty To 15%

New Delhi- The government has hiked gold import duty to 15 per cent from 10.75 per cent to check current account deficit (CAD) and...

Petrol, Diesel Sales Jump In June As Recovery Continues

NEW DELHI- India's petrol consumption jumped by 54 per cent and that of diesel soared by 48 per cent in the first fortnight of...

Exports Rise 20.55% To USD 38.94 Bn In May; Trade Deficit At Record USD...

New Delhi- India's merchandise exports in May rose by 20.55 per cent to USD 38.94 billion, while the trade deficit ballooned to a record...

WPI Inflation Spikes To Record 15.88% In May As Heatwave Stokes Food Prices

New Delhi- Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a...

Rupee Slides 11 Paise Against USD, Breaches 78-Mark For First Time

Mumbai- Dropping for the third straight session, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the...

Retail Inflation Eases To 7.04% In May On Softening Food, Fuel Prices

New Delhi- Retail inflation eased to 7.04 per cent in May, mainly on account of softening food and fuel prices as the government as...

Top-10 Most Valued Firms Lose Over Rs 2.29 Lakh-Crore In M-cap

New Delhi- The market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs 2.29 lakh crore last week, with Life Insurance...

Need To Make Indian Banks, Currency Important Part Of Int’l Trade, Supply Chain: PM...

New Delhi- Prime Minister Narendra Modi on Monday stressed the need to make India's banks and currency an important part of the international trade...

Retail Investors Acting Like Shock Absorbers In Stock Market: FM

New Delhi- Amid continuing volatility in the stock market, Finance Minister Nirmala Sitharaman on Tuesday said retail investors seem to act as shock absorbers...

Spot The Difference: The Invincible Business Of Counterfeit Goods

Selling cheap fakes of a successful product makes horribly good business sense. Is there any way to stop it? By Alice Sherwood | Guardian I was...