India’s insurance regulator has advised insurers against loading up on the bonds of HDFC Group companies, saying details on permitted exposure thresholds must await the effective amalgamation date for what’s billed as the country’s biggest merger. Early April, mortgage lender Housing Development Finance Corp (HDFC) proposed the merger with...
Gold price in the national capital rose by Rs 52 to Rs 50,770 per 10 grams on Tuesday, according to Securities. In the previous trade, the yellow metal settled at Rs 50,718 per 10 grams. Silver, however, slipped by Rs 60 to Rs 60,128 per kg from Rs 60,188...
NEW DELHI: Gold prices opened higher on Tuesday but gave up major gains as the session progressed amid a lack of cues. Benchmark US 10-year Treasury yields eased after gains in the previous session, buoying demand for gold. The dollar was steady and its strength has put a lid...
June 28: Gold prices were nearly flat on Tuesday, as recent gains in Treasury yields prevented any significant interest in bullion. FUNDAMENTALS * Spot gold was last up 0.1% at $1,824.65 per ounce by 0056 GMT. U.S. gold futures were flat at $1,824.70. * A move by Britain, the...
Oil prices rose about 1% in early Asian trade on Tuesday after the United Arab Emirates‘ energy minister said the nation is producing near capacity, countering expectations that it could help boost supply in a tight market. The UAE and Saudi Arabia have been seen as the only two...
Mumbai: Banks are rather circumspect in raising deposit rates in a funds-surplus economy, and that’s pushing savvy depositors to the T-Bills and government securities market the central bank has now unlocked for retail savers. As these instruments offer potential returns that might exceed those on fixed deposits by up...
As farmers are spending more on seeds, agrochemicals and other farm activities for the ongoing kharif season, rural demand for gold slipped by a quarter in June and the trend is likely to continue in July, industry executives said. Prices of agricultural inputs have gone up this kharif season,...
Public sector lender on Monday said it will raise Rs 5,000 crore by issuing long-term infrastructure bonds. The board of directors in its meeting held on Monday approved the proposal of issuing long-term bonds for financing infrastructure projects and affordable housing worth to the tune of Rs 5,000 crore,...
Gold traded well within the range seen for the last few days but ended lower marking its second weekly decline. Gold traded in a narrow range above $1800/oz and ended last week with a modest 0.6 per cent decline. Gold has been stuck in a range as the central...
Gold price in the national capital jumped by Rs 302 to Rs 50,822 per 10 grams on Monday in line with rise in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,520 per 10 grams. Silver also gained Rs...