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Aiming to boost the standard of gold hallmarking in the country, there should be more rigorous monitoring and checking of the centres by the Bureau of Indian Standards (BIS), a top offcial of the World Gold Council (WGC) said here on Thursday."Till date even hallmarked jewelleries are not that credible in India. It is not fool proof as the original BIS policy has intended it to be. To make hallmarking ...
Hyderabad: India's real estate market is in bad shape due to credibility crisis faced by the developers and overall macroeconomic scenario and the turnaround may not happen for one more year, said Knight Frank, the leading independent global property consultancy.Stating that all the major markets in India are shrinking, especially in the residential sector, it warned that if the investors' confidence ...
Aiming to boost the standard of gold hallmarking in the country, there should be more rigorous monitoring and checking of the centres by the Bureau of Indian Standards (BIS), a top offcial of the World Gold Council (WGC) said here on Thursday."Till date even hallmarked jewelleries are not that credible in India. It is not fool proof as the original BIS policy has intended it to be. To make hallmarking ...

Gold prices drop on global cues

2015-07-30 18:12:45

New Delhi: Gold prices fell globally to near a five-and-a-half year low on Thursday as the dollar strengthened ahead of US economic data, but in India, the price varied between five and five-and-a-half year low.Internationally, gold prices fell more than 1 percent close to their weakest level since early 2010.In India, gold prices dropped by Rs.200 to Rs.25,090 per 10 gram."In India, the price is hovering ...
Aiming to boost the standard of gold hallmarking in the country, there should be more rigorous monitoring and checking of the centres by the Bureau of Indian Standards (BIS), a top offcial of the World Gold Council (WGC) said here on Thursday."Till date even hallmarked jewelleries are not that credible in India. It is not fool proof as the original BIS policy has intended it to be. To make hallmarking ...
Hyderabad: India's real estate market is in bad shape due to credibility crisis faced by the developers and overall macroeconomic scenario and the turnaround may not happen for one more year, said Knight Frank, the leading independent global property consultancy.Stating that all the major markets in India are shrinking, especially in the residential sector, it warned that if the investors' confidence ...
Asian airlines are preparing to hedge more jet fuel in a bid to lock in profits, betting that a recent slide in crude prices to five-month lows will taper off near $50 a barrel.Hedging activity is picking up after a lull in the first six months when a 50 percent jump in Brent, from a six-year low of $45.19 in January, made such purchases unattractive.An $11 drop in July to below $53 on global glut ...
Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts to deal with an extended period of lower oil prices which contributed to a 37 percent drop in the oil and gas group's second-quarter profits.The Anglo-Dutch company also said it was planning more asset disposals as it pushes ahead with its proposed $70 billion acquisition of BG Group (BG.L), bringing total asset sales between ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
Sony Corp reported its highest first-quarter profit since 2007 on Thursday due to strong sales of camera sensors and PlayStation 4 videogames, beating analyst estimates and helping to reassure investors a recent stock offering would pay off.April-June operating profit rose 39 percent to 96.9 billion yen ($780.8 million), compared with the 73.3 billion average estimate of 18 analysts polled by Reuters.The ...
LONDON, July 30 (Reuters) - Britain's FTSE 100 index is seen opening around 6 points or 0.1 percent higher on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on * The UK blue-chip index closed 1.2 percent higher at 6,631.00 points on Wednesday after rising 0.8 percent in the previous session, when it snapped a five-day losing streak. ...
Oil prices are likely to bounce back from six-month lows to end this year higher and climb further in 2016 thanks to rising demand from emerging markets, a monthly Reuters poll showed on Thursday.But the survey of 30 industry and bank analysts said a global supply glut and strong dollar should cap price gains and keep fuel costs well below recent averages over the next couple of years."Prices are at ...
(Updates death toll, adds detail) KATHMANDU, July 30 (Reuters) - Landslides triggered by torrential rain in Nepal swept through two villages on Thursday killing at least 20 people, the home ministry said. The landslides struck the villages near the resort town of Pokhara, 125 km (77 miles) west of Kathmandu shortly after midnight. At least 22 houses were destroyed, said ministry spokesman Laxmi ...
By Aditi Shah NEW DELHI (Reuters) - General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity in the country due to sluggish demand. The Detroit carmaker, which has the capacity to produce more than 280,000 cars a year in India, will reduce this to 220,000 a year by 2025 as it stops making cars ...
* To restructure and downsize India operations * To stop production at one of two plants in India * To launch 10 new India-made vehicles over next 5 years * Plans to double market share in India by 2020 * India's auto market seen world's third largest by 2020 (Recasts with GM plans to downsize India operations, CEO, executive comments) By Aditi Shah NEW DELHI, July 29 (Reuters) - General ...
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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