Gold prices are likely to ease to Rs 30,500 per 10 grams in the near term due to strengthening of rupee following government's recent measures like fuel hike, experts said.

"Due to rupee strength

Gold importers in India, the world's biggest buyer of the metal, waited for prices to fall further as the yellow metal was trading near its lowest level in more than three weeks due to a stronger rupe

Gold rallied to all-time high of Rs 32,450 per 10 gm in the national capital on Saturday on aggressive buying by stockists sparked by strong global cues amid seasonal demand.

The gold spurted b

Continuing its upward swing, gold on Wednesday surged to a new all-time high of Rs 31,980 per 10 grams in the national capital on sustained buying by stockists amid a firming global trend.

The

Gold prices rose for the fourth day in a row on Thursday to touch a record high of Rs 31,035 per 10 grams in the bullion market here on aggressive buying by stockists and investors, driven by a str

Gold demand in India, the world's top consumer, is likely to fall by a fifth in the second half of 2012 from a year ago on higher prices and as weak monsoon rains hurt incomes of rural households, a s

India has received six proposals from global single-brand retailers seeking permission to own 51 per cent of their operations in the country, the commerce ministry said on Monday.

FMCG major Marico on Friday posted a consolidated net profit of Rs 125.78 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 86.51 crore during the same period of p

While India's politicians dither over rules allowing foreign retailers into the country, some online stores are already selling discounted clothing from companies such as Abercrombie & Fitch Co that h

Shares of retailers fell sharply on Monday after a key ally of the ruling Congress party voiced fresh opposition to government efforts to open India's $450 billion retail sector to foreign supermarkets like Wal-Mart stores.