Select Page

Gold Prices Slips on U.S.-China Deal

By Ritu, Capital Sands Gold prices slipped on Thursday in Asia after the U.S. and China signed a historic trade deal. Gold Futures slipped 0.1% to $1,552.15 by 1:30 AM ET (05:30 GMT). Tensions remained however, as Washington decided to keep duties on some $360 billion...

US Fed puts markets on the slippery slope; Sensex falls 581 points

Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some...

Railway job aspirants vandalise train in Gaya, set coach on fire

Aspirants protesting against the alleged irregularities in Railway Recruitment Board's exam allegedly set a bogie of the Bhabua-Patna Intercity Express on fire on Wednesday in Bihar's Gaya, said the police. The police had to release several rounds of tear gas to stop...

President Ram Nath Kovind to address nation today on eve of 73rd Republic Day

President Ram Nath Kovind will address the nation today on the eve of the 73rd Republic Day, a Rashtrapati Bhavan communique issued said. The address will be broadcast from 7 pm on the entire national network of All India Radio (AIR) and telecast over all channels of...

Oil prices climb 1% on fears of tighter supply

Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. Brent crude futures rose 87 cents, or 1.0...

Deposits in bank accounts opened under Jan Dhan scheme cross Rs 1.5 trn

Deposits in bank accounts opened under the Jan Dhan scheme, launched about seven and half years ago by the government, have crossed the Rs 1.5 lakh crore mark. As per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan...

World food prices ease in Dec, but hit 10-year peak in 2021: FAO

World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursday. The Food and Agriculture Organization's (FAO) food price index, which tracks...

Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment

The Sensex reclaimed the 60,000 mark after seven weeks, despite rising Covid-19 cases, as the benchmark indices closed higher for the fourth straight session on Wednesday. Inflows from foreign portfolio investors (FPIs), expectations of good quarterly results, and...

India’s 2022 steel consumption seen strong amid muted prices, infra push

The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is...

Alka Mittal becomes first woman to head ONGC as CMD

Alka Mittal, director of human resources at energy major Oil and Natural Gas Company (ONGC), has been given the additional charge of chairman and managing director, the company announced on January 3. With this appointment, Mittal has become the first woman ever to...

West Bengal announces fresh curbs, restricts flights from Mumbai, Delhi

The West Bengal government on Sunday said flights from Mumbai and Delhi were being restricted to twice a week from January 5 as new Covid cases in the state mounted to 6,153 from 1,089 on December 29. In a letter to the civil aviation ministry, the state government...