Bharti Airtel on Sunday said that its board of directors has approved equity capital raising of up to ₹ 21,000 crores through a rights issue. “The board approved the issuance of equity shares of the face value of ₹5 Each of the companies on a rights basis to eligible equity shareholders of the company as…
NEW DELHI: Gold prices in India bucked global trends and traded marginally lower on Monday. In the global markets, the yellow metal traded near multi-week highs on Monday after Powell’s dovish tone. Gold futures on MCX were down 0.13 percent, or Rs 62, at Rs 47,476 per 10 gram. However, silver futures gained marginally 0.03…
Gold prices moved higher on Friday as investors awaited Fed chief Jerome Powell’s speech at the Jackson Hole symposium after some US central bank officials called for paring bond purchases. Gold futures on MCX were up 0.36 per cent, or Rs 168, at Rs 47,405 per 10 gram. Silver futures jumped 0.31 per cent, or…
Oil prices came off three-month lows on Friday but were on track for a weekly decline of around 6% as new lockdowns in countries with low vaccination rates facing surging cases of the Delta variant dimmed the outlook for fuel demand. Broader investor risk aversion also weighed on oil with the U.S. dollar jumping to…
Gold prices continued an upward march on rupee weakness, positive global cues and improving demand ahead of the festive season as prices surged by Rs 590 to Rs 47,583 per 10 gram in the Mumbai retail market. The yellow metal was supported by a geopolitical crisis in Afghanistan, increasing Delta variant of coronavirus cases globally…
Prices of diesel decreased by 19 to 21 paise across the country while petrol prices remained unchanged on August 18, according to a price notification by state-owned fuel retailers. In Delhi, the diesel price decreased by 20 paise. This revised the diesel price in the national capital from Rs 89.87 per litre to Rs 89.67…
Oil prices dipped on Wednesday, a fifth day of declines with investors wary about prospects for stronger fuel demand as the use of rail, air and other forms of transport remained constrained amid surging COVID-19 cases worldwide. Brent crude was down 5 cents or 0.1% at $68.98 a barrel by 0139 GMT, having fallen 0.7%…
Petrol and diesel prices remained the same across the country on August 16, according to a price notification by state-owned fuel retailers. The last increase took the petrol price in Delhi near Rs 102 per litre-mark. The petrol price in New Delhi soared to Rs 101.84 a litre. Diesel prices retailed at Rs 89.87 per litre, according…
The price of 10 gm of 22-carat Gold on Friday remained at Rs 45,540, an increase of Rs 260 from yesterday’s price. Silver was selling at Rs 62,300 per kg: dropping Rs 200 from yesterday, according to the website Good Returns. Gold jewellery price varies across India, the second-largest consumer of the metal, due to…
The outlook for global oil markets darkened on Thursday after the International Energy Agency (IEA) said that slowing demand for crude in the wake of restrictions imposed to curb the fast-spreading Delta variant is colliding with a recent increase in global crude production. But the news is likely to be welcomed by the White House,…
