On Dhanteras, Arun Jaitley launches options trading to help formalise gold trade

Finance minister Arun Jaitley on Tuesday launched gold options trading on the leading commodity bourse MCX and said this is one of the steps towards formalising trade in the yellow metal. Options are derivatives which give a buyer the right but not the obligation to buy or sell an underlying asset.


66 machines being used for counting demonetised notes: RBI

At least 66 Sophisticated Currency Verification and Processing (CVPS) machines are being used for counting.


Micromax to foray into new segments, invest Rs 300 cr...

New delhi: Micromax will foray into segments such as washing machine, refrigerator and.


India prefers domestic buyer for Air India: Government source

New delhi: India would prefer selling state-owned Air India to a domestic buyer, a government.


40% drop in sales ahead of Diwali due to cash...

New delhi: As much as 40 per cent drop has been recorded in sales in markets across the country due to.


Gold rises on firm global cues, festive season buying

new delhi: Gold recovered by Rs 50 to Rs 30,850 per ten gram at the bullion market on Saturday largely.


RBI’s policies anti-growth, says FICCI president Pankaj Patel

Mumbai: FICCI president Pankaj Patel has slammed the Reserve Bank of India over its reluctance to cut.


India has high growth potential for next two decades: Jaitley

Mumbai: India has the potential to grow at a reasonably high level in the next decade or two, owing to.


Facebook launches food order and delivery service for users in...

new delhi: Facebook Inc on Friday launched a service through which its US users can order food for take-away.


India should prioritise public banking sector reforms: IMF

Washington: India must prioritise implementation of public banking sector structural reforms, enhance.