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New Delhi: Union Minister of Science and Technology Harsh Vardhan on Friday said standing in lines is not new for Indians and now people were standing in queues to ensure a "corruption-free India". "Standing in lines is not new for us Indians. We lined up for getting ration card, then ration. We lined up for getting cinema or cricket tickets, for getting a phone connection and then to pay its bill," ...
Demonetisation turned one-month-old on Thursday, but the hassles being faced by the public are far from over with the victims being not just the common man but also those representing him in Parliament.After 30 days, reports of an ubiquitous cash crunch marked by interminable queues and empty ATMs read almost the same. During the period, some of the BJP parliamentarians have also had a taste of it.Three ...
 Smugglers in India are switching to cigarettes, fabric and silk yarn from other items as they are low-risk and high-reward goods, a new report released by the industry lobby Ficci said on Thursday."Cigarettes smuggling is a low-risk, high-reward criminal activity because high taxes on cigarettes induce great financial incentive for smugglers to earn huge profits," said the report released by ...
Gold edged lower on Friday and was headed for a fifth straight weekly decline, weighed down by a stronger U.S. dollar and expectations of a Federal Reserve rate hike next week. Spot gold had declined 0.1 percent to $1,169.51 an ounce by 0647 GMT, and was down about 0.6 percent for the week. U.S. gold futures shed 0.1 percent to $1,171.50 per ounce. "Because of a stronger dollar and prospects ...
By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices rose about 1 percent on Friday, trading within a narrow range, on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to cut output to bolster the group's own agreement to limit production. Both Brent and U.S crude futures, however, were on track for their first weekly loss in four weeks. A strong U.S. dollar ...
By David Lawder WASHINGTON (Reuters) - President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry's battles with China, signalling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports. Led by Wilbur Ross, a billionaire steel investor and Trump's nominee for commerce secretary, ...
Chennai: Income tax officials on Thursday conducted raids on the premises of two businessmen in the city and seized Rs 100 crore in cash and 100 kgs in gold bars.Raids were conducted at eight locations, including Anna Nagar and T Nagar.Sekar Reddy is a contractor undertaking many projects of the public works department. He is also into sand minind, His agent has allegedly been involved in changing ...
New Delhi: Soon, plastic currency notes will be printed in India. The procurement process for the required material has already been initiated, Parliament was informed on Friday. "It has been decided to print bank notes based on plastic/polymer substrate. The process of procurement has been initiated," Minister of State for Finance Arjun Ram Meghwal said in a written reply in the Lok Sabha. Meghwal ...

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 ...
* Russell 2000, Dow Transport hit record highs * Dow set for fifth week of gains in a row * Indexes up: Dow 0.29 pct, S&P 0.3 pct, Nasdaq 0.37 pct (Updates to early afternoon) By Yashaswini Swamynathan Dec 9 (Reuters) - Wall Street hit a trifecta of records for the third day in a row on Friday as the month-long post-election rally got a boost from healthcare and technology stocks. The three ...
By Yashaswini Swamynathan REUTERS - Wall Street's major indexes hit record highs for the third day in a row on Friday as the post-election rally got a lift from healthcare and technology stocks. The "Trump rally" has been roaring ahead since the Nov. 8 vote on bets that President-elect Donald Trump's policies will boost economic growth and inflation. The small cap Russell 2000 and the Dow Transport ...
By Siddharth Cavale and Sruthi Ramakrishnan (Reuters) - Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs ...
By Jason Lange and Olivia Oran WASHINGTON/NEW YORK (Reuters) - U.S. President-elect Donald Trump on Friday was expected to name a senior Goldman Sachs banker to coordinate economic policy across his administration, turning again to Wall Street for expertise in managing the world's largest economy. Trump's pick of Cohn, 56, the firm's president and chief operating officer, to head his White House ...
By Katya Golubkova MOSCOW (Reuters) - Russia plans to hold additional talks on Friday with some OPEC and non-OPEC nations to discuss unresolved issues related to a planned cut in oil output ahead of a wider meeting the following day in Vienna, two Russian sources told Reuters. Russia has committed to reducing its output by 300,000 barrels per day (bpd) in the first half of 2017 in an effort to ...
* NSE index up 0.13 pct, BSE index 0.25 pct higher * Market focus shifts to Fed meeting next week * Sheela Foam soars on market debut By Darshana Sankararaman Dec 9 (Reuters) - Indian shares rose slightly on Friday, heading for their biggest weekly gain in more than three months, as additional stimulus from the European Central Bank helped offset disappointment about the Reserve Bank of India's ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 27670.00 (0.18%)
  Gold Rate in Mumbai   Rs. 28360.00 (0%)
  Gold Rate in Delhi   Rs. 28200.00 (0%)
  Gold Rate in Kolkata   Rs. 27650.00 (0%)
  Gold Rate in Kerala   Rs. 27000.00 (0%)
  Gold Rate in Bangalore   Rs. 27250.00 (0%)
  Gold Rate in Hyderabad   Rs. 27650.00 (0%)

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