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Prime Minister Narendra Modi faces the first major test of his reform credentials on Thursday, when his fresh-faced government presents its maiden budget amid early doubts about his willingness to make unpopular decisions. Modi, 63, won a landslide general election victory in May with a pledge to boost growth and create jobs for the 1 million people who enter India's workforce every month. He has ...
New Delhi: Amid high expectations from the middle class and industry, finance minister Arun Jaitley present's his maiden Budget on Thursday that may contain tax sops for the salaried, dumping of the controversial retrospective tax and spelling out of steps to revive investment and manufacturing for growth.There are high hopes that the Budget for 2014-15 to be presented in Parliament may actually not ...
New Delhi: Gold prices rose by Rs 65 to Rs 28,125 per ten gram in the national capital on Wednesday on fresh buying by jewellers and retailers, tracking a firm global trend. Silver also moved up by Rs 200 to Rs 45,100 per kg on increased offtake by industrial units and coin makers. Traders said besides fresh buying by jewellers and retailers, firm global trend as a drop in equities and the dollar spurred ...
Gold prices firmed on Wednesday, climbing back above $1,320 an ounce, as fresh inflows into bullion-backed funds indicated rising investor confidence the metal ahead of the release of the latest Federal Reserve minutes. The world's largest gold exchange-traded fund, New York-listed SPDR Gold Shares, reported a second straight session of inflows on Tuesday, taking its holdings above 800 tonnes for ...
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