Govt mulling proposal to shut petrol pumps at night
New Delhi: The government is considering various proposals including shutting petrol pumps in the night to taper fuel demand as it looks at ways to cut the massive oil import bill, Oil Minister M Vee
Jet fuel prices hiked, air fares to skyrocket soon
New Delhi: In a huge "shock" for airlines and the aviation industry that may see domestic airfares sky rocket by as much as 50 per cent in the next few weeks, state-owned oil firms have hiked the pri
Government cuts import tariff value of gold to USD 458/10 gm
New Delhi: The government on Monday reduced the import tariff value of gold to USD 458 per 10 grams due to fall in its global prices. It also cut the import tariff value of silver to USD 783 per kg.
Rupee ends two-day rally, falls 30 paise
The rupee ended two days of gains to fall by 30 paise to close at 66 against the dollar Monday on demand from importers as the US currency strengthened.
Hindustan Motors prices new Ambassador Encore under Rs 5 lakh
New Delhi: C K Birla Group company Hindustan Motors today announced the price of its newly introduced BS IV compliant diesel Ambassador at Rs 4,97,996 (ex-showroom Kolkata) under the 'no-refusal' tax
Tata group market value nears Rs 6 trillion
New Delhi: Largely unaffected by the recent carnage in stock markets, salt-to-software conglomerate Tata Group is closing in on to become the country's first business house to attain a market valuati
Cheated by the exchange
The fiasco at the National Spot Exchange Ltd should act as a wake-up call to investors. At the point of writing this, the NSEL honchos have put forth a plan of payment that will stretch to nearly sev
No proposal to convert idle gold into bullion: RBI
Mumbai: The Reserve Bank on Saturday said it is not contemplating any proposal to buy idle gold and convert it into bullion.
"The RBI clarifies that no such proposal is under its consideration at thi
Petrol price hiked by Rs 2.35 a litre, diesel by 50 paise
New Delhi: Petrol price was on day hiked by a steep Rs 2.35 per litre, the sixth increase in rates in three months, and diesel by 50 paise per litre on falling rupee and firming international oil pri
Gold, silver fall further on weak demand, global cues
Gold prices declined further by Rs 275 to Rs 31,425 per 10 gram, extending losses for the third straight day in the national capital Saturday on fall in demand at higher levels amid weak global trend.