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New Delhi: Tata Motors Ltd and German carmaker Volkswagen AG (VOWG_p.DE) are among carmakers that have agreed to invest a total of 115 billion rupees ($1.9 billion) to expand their manufacturing capacity in Maharashtra.The investments would be made under the state government's industrial project policy, which was initiated in 2005 to boost investment in the manufacturing sector.Tata Motors, India's ...
New Delhi: In the manner the scheme was launched, records have been broken for the banking and insurance sectors, the prime minister said in his inaugural address. "One-and-a-half crore (15 million) insurance policies on a single day, and 1.5 crore bank accounts opened in a day would never have happened before. This is a big record in banking and insurance history," Modi said. The figure is close ...
New Delhi: Gold prices recovered by Rs 55 to close at Rs 28,230 per ten gram in the national capital on Thursday, largely on the back of a firming global trend amid increased buying by jewellers and retailers to meet seasonal demand. Silver also rebounded by Rs 150 to Rs 42,850 per kg on increased offtake by industrial units and coin makers. Traders said apart from increased buying by jewellers and retailers ...
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike.Higher interest rates would dull the appeal of non-interest-bearing assets such as gold, which was struggling to cross the key resistance of $1,300 an ounce. Gold prices ...
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