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Latest News:

Gold Bonds,

June gold imports spike as buyers tried to beat higher GST

Mumbai: Gold imports in June more than tripled from a year ago as retail demand jumped ahead of the start of a new sales tax that prompted jewellers and bullion dealers to replenish stocks, provisional data from consultancy GFMS showed.

June gold imp... Read More

Gold Bonds, trading, Finance Ministry

Gold Bond subscription opens Monday at Rs 2,780/gm

New Delhi: The Reserve Bank today fixed Rs 2,780 per gram the price of sovereign gold bonds, which will open for public subscription on Monday.

The price is lower than Rs 2,901 per gram for the last round of the scheme in April this year.

The nominal... Read More

Tea Export, India

Unrest in Darjeeling to hit tea exports: ICRA

New Delhi: Ratings firm ICRA on Wednesday said that the ongoing political unrest in Darjeeling is likely to have an adverse impact on tea exports from the region.

“Darjeeling is currently witnessing political unrest, which has led to suspension of op... Read More

essar oil

Lenders approve Rs. 86,000 cr Essar Oil sale to Rosneft

Mumbai: The Essar group has crossed the last hurdle to complete the sale of its Gujarat refinery to Russia's Rosneft, with the lenders, including LIC, giving the go-ahead to the deal, sources said.

With this Rs... Read More

Petrol, Diesel, GST, Arvind Subramaniam, CEA

Fuel demand grows 5.4% in May; petrol, diesel sales surge

New Delhi: India's oil demand bounced back in May, surging 5.4 per cent on the back of highest growth in petrol consumption in nine months and the fastest rise in diesel usage since November.

Fuel consumption in May stood at 17... Read More

Grocery

Foodgrains, milk, veggies to be up to 5% cheaper under GST

New Delhi: The government on Thursday said foodgrains, flour, milk, vegetables and fruits will get cheaper by up to 5 per cent once the Goods and Services Tax is rolled out.

The government has exempted cereals, pulses, atta, maida and besan from the ... Read More

petrol

Petrol price to change everyday all over India from June 16

New Delhi: India’s state-run oil marketing companies will revise petrol price on a daily basis all across the country beginning June 16, ET Now reported on Wednesday citing unidentified sources from the Ministry of Petroleum and Natural Gas... Read More

kerosene

Aadhaar must for kerosene subsidy, Atal Pension Yojana

New Delhi: Aadhaar has now been made mandatory to get subsidy on kerosene and benefits of the Atal Pension Yojana.

Those getting kerosene subsidy or subscribing to the pension scheme will be required to furnish proof of possession of the unique ID o... Read More

Gold shop

Gold Jewellery to cost more; Apparel, Biscuits, Footwear cheaper under GST

New Delhi: Apparel up to Rs. 1,000, biscuits and footwear will get cheaper, while gold will get slightly costlier from next month as the Centre and states, excepting West Bengal, resolve to roll out GST from July 1.

The GST Council, chaired by Financ... Read More

Tea_Production, India, Decreased

India’s Tea production hits record high

Kolkata: The tea production in FY 17 at 1250.49 million kg is the highest ever in Indian tea industry, Tea Board has said today. Production during the year was up by 1.41 per cent over compared to 2015-16 output of 1233.14 million kg.

North India's p... Read More

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