Business news

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Gold prices glitter upon rising trade war fears

Spot gold was up 0.1 percent at $1,341.68 per ounce as of 0045 GMT. It climbed 1.3 percent on Monday in its biggest one-day percentage rise in a week.

Apr 3, 2018

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Recruitment drive: Tata Motors, Maruti Suzuki to hire 4,500 people in FY19

The job drive in the Indian automobile space comes after the passenger vehicle segment witnessed steady launches last year.

Apr 3, 2018

Amazon India sacks 60 employees as part of global restructuring

There may be more layoffs as Amazon India had put 25 percent more employees on performance improvement plans in the December quarter.

Apr 3, 2018

Big Bazaar imitates Walmart's 'everyday low price' model as competition heats up

The Kishore Biyani-owned retail chain is changing its discount pricing strategy and mimicking Walmart's global everyday low pricing business model.

Apr 3, 2018

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LPG price cut: Know how much you have to pay now

Oil marketing companies in the country have reduced non-subsidized and subsidized LPG cylinder prices by Rs 35.50 and Rs 1.74, respectively.

Apr 2, 2018

Marks & Spencer finds sweet spot in India: lingerie

M&S, which launched its inner-wear products in India in 2014, plans to add more standalone lingerie stores from the existing six.

Apr 2, 2018

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Modi's digital push bolsters India's appetite for e-gold

The purchase for gold is likely to increase in the coming weeks for next month's Akshaya Tritiya festival.

Apr 2, 2018

Soon automakers to deliver cars fitted with number plates

Currently, a vehicle license plate is procured by various states separately from designated agencies.

Apr 2, 2018

Why petrol price is at a 4-year high, and will keep rising

Petrol price has surged to a four-year high of Rs 73.73 a liter while diesel rates touched an all-time high of Rs 64.58 in Delhi.

Apr 2, 2018

Retirement Savings: When is enough really enough?

You need 18 to 35 times your annual expense at age 60 to retire. Inorder to calculate that, create an expense multiplier rather than an income multiplier.

Mar 31, 2018

Planning to invest in cryptocurrency ICO? Read this first

The price of bitcoin, known as the world's largest cryptocurrency, dropped 21 percent in the last seven days while ethereum and ripple lost 24 percent and 21 percent, respectively.

Mar 31, 2018

7 Bank frauds that have rocked Indian banking sector in 2018

Until now 2018 has seen a string of bank frauds and scams across India and has raised questions about the governance and credit managing practices at private and public sector banks.

Mar 31, 2018

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Markets weekahead: RBI monetary policy, auto sales, macro data

The Indian markets will focus on the Reserve Bank of India's monetary policy review, auto sales, macro-economic data in the coming week.

Mar 31, 2018

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Karnataka Bank reports Rs 86 crore fraud: Mehul Choksi's Gitanjali Gems involved

Karnataka Bank has reported a fraud to Reserve bank of India amounting to Rs 86.47 crore in the fund based working capital facilities extended to Gitanjali Gems Limited.

Mar 29, 2018