Markets

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Gold glitters on Navaratri demand, rises by Rs 200

Bullion traders said increased buying by local jewellers as well as retailers, driven by the beginning of festive demand in domestic spot markets led to the rise in gold prices.

Oct 10, 2018

Invest in direct plans of mutual funds to earn higher returns

Most mutual funds available in the market today offer two different types of investment plans - Direct and Regular. Despite the advantages associated with a direct plan, a lot of people end up investing in a regular one.

Oct 10, 2018

Bombay Stock Exchange building BSE dalal street

BSE Sensex falls 175 pts; Nifty ends at 10,301 amid rupee volatility, spiraling crude prices

The Indian currency collapsed to a new lifetime low of 74.27 in intra-day trade, raising concerns on the macroeconomic front.

Oct 9, 2018

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Stock market crashing? Sensex likely to drop below 30,000 levels?

Mutual funds have been red hot over the last couple of years, driving the markets to dizzying heights. But there is a loss of steam in this asset class with the Indian investors' newly-found blind trust in funds ebbing away.

Oct 8, 2018

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Sensex plunges 800 points as investors dump downgraded oil stocks

The fuel price cut will leave a Rs 45 billion hole in the combined pre-tax profits of the state-owned oil marketing companies in this financial year.

Oct 5, 2018

Markets in free fall; Sensex crashes 806 pts as selling intensifies on weak rupee

Sensex crashed over 806 points to end below the 35,200-level after the rupee crashed to a new lifetime low and global crude price breached $86 a barrel.

Oct 4, 2018

With Indian rupee plumbing depths, 25 million expatriates to script new remittance record

The lion's share of remittances to India come from the United Arab Emirates, the United States, Saudi Arabia, Kuwait, the United Kingdom, Qatar, Oman and Canada -- in that order.

Oct 3, 2018

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Fuel pain set to last, and worsen, as crude oil predicted to hit $100 a barrel

Oil prices are likely to rocket higher with the flashy $100 per barrel price tag indeed a reasonable sounding target, says analyst.

Oct 2, 2018

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Indian mutual funds industry outpaces global growth by over 100%

The share of mutual funds in the capital markets through portfolio investment has spiked from 8.5 per cent in 2014 to 18.4 per cent in March.

Sep 27, 2018

Home prices in Dubai fall 22 percent from 2014 levels

The residential capital values slumped by nine percent in Q3, 2018, the decline has slowed to 2.9 percent as against the previous quarter.

Sep 26, 2018

Ready to splurge Rs 123 crore? World's 'most expensive' pair of shoes will be yours

Crafted by UAE-based Jada Dubai in collaboration with Passion Jewellers, the Passion Diamond shoes features gold and hundreds of diamonds, including two imposing D-flawless diamonds of 15 carats each.

Sep 26, 2018

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Experts say only a 'demand-destruction' could set prices back but such a phenomenon won't happen Brent crude hits $120 a barrel.

Sep 25, 2018

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Petrol, diesel prices to rise further as global crude poised to touch $100

New Iran sanctions will take 2 million bpd off the markets even as US inventory gets thinner. Fuelled further by supply disruptions elsewhere, global crude prices could breach $100, analysts warn.