Mumbai, June 11 (IANS) Gold and silver prices traded lower on Thursday, with precious metals falling by up to 2 per cent amid escalating tensions in the West Asia conflict.
New Delhi, June 11 (IANS) Hybrid long‑short funds contributed 70 per cent of total Specialised Investment Funds (SIFs) assets under management in May, amounting to Rs 9,709 crore and recording an average folio size of Rs 33.9 lakh, a report said on Thursday.
New Delhi, June 11 (IANS) The Reserve Bank of India (RBI) is likely to revive the issuance of fresh licences for urban co-operative banks (UCBs), a move that would end a two-decade pause on new entrants in the sector, according to a report.
New Delhi, June 11 (IANS) India's listed auto ancillary sector has nearly tripled its revenues to about Rs 5 lakh crore over the past decade, an 11 per cent compound annual growth rate (CAGR) during FY16-26, a report said on Thursday.
New Delhi, June 11 (IANS) Global crude oil prices could surge to as high as $150 per barrel if hostilities between the US and Iran resume in earnest, according to a report.
New Delhi, June 11 (IANS) India has undertaken wide-ranging labour reforms guided by the principle of “Antyodaya” through consolidation of 29 Central Labour Laws into four Labour Codes — to simplify compliance, strengthen workers’ welfare and create a modern and transparent labour ecosystem, according to Union Minister of State for Labour and Employment Shobha Karandlaje, an official statement said on Thursday.
New Delhi, June 11 (IANS) US-based real estate technology company Opendoor has begun winding down its India operations, with CEO Kaz Nejatian announcing that roles currently based in the country will be relocated closer to the company's customers in the United States.
Mumbai, June 11 (IANS) Domestic equity benchmarks traded lower on Thursday in the morning session amid escalating tensions in West Asia and a sharp rise in crude oil prices.
New Delhi, June 11 (IANS) The government has exempted petrol blended with higher levels of ethanol from excise duty, including fuel variants containing 22 per cent, 25 per cent, 27 per cent and 30 per cent ethanol, according to a notification issued by the Ministry of Finance on Thursday.
New Delhi, June 11 (IANS) Several electricity distribution utilities are now live on DigiLocker, India’s flagship digital document wallet under the Digital India programme.
