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  • Honda Motorcycle & Scooter India sales drop 34.5% in March

    Domestic sales were at 1,97,512 units last month as against 3,09,550 units in March 2022, Honda Motorcycle & Scooter India (HMSI) said in a statement.

  • Rupee falls 4 paise to 79.82 on strong dollar

    Rupee falls 4 paise to 79.82 on strong dollar

    It hovered in a range of 79.77 to 79.91 during the session.

  • Gold extends losses on dollar strength, traders await Fed minutes

    Gold extends losses on dollar strength, traders await Fed minutes

    Spot gold fell 0.2% to $1,775.30 per ounce by 0909 GMT, after falling more than 1% on Monday. U.S. gold futures dropped 0.4% to $1,790.20.

  • Sensex, Nifty drop nearly 1% on global recession fears

    Sensex, Nifty drop nearly 1% on global recession fears

    The 30-share BSE benchmark fell by 497.73 points or 0.89 percent to settle at 55,268.49, extending its losses for second straight day.

  • Gold down 2.7% in worst fall since Dec 2013 on US jobs data

    Gold down 2.7% in worst fall since Dec 2013 on US jobs data

    Gold had its worst day since December 2013 on Friday after better-than-expected US non-farm payrolls fueled speculation the Federal Reserve will raise rates sooner rather than later.

  • Gold continues to flounder on demand slump

    Gold continues to flounder on demand slump

    Gold prices tumbled to its lowest level in more than three months at the domestic bullion market here today on bouts of heavy speculative unwinding against the backdrop of fading demand.

  • Domestic slump, global uncertainty hit TN SME, leather biz

    Domestic slump, global uncertainty hit TN SME, leather biz

    Small and medium enterprises in Tamil Nadu have been badly impacted by the gloabl economic slowdown. Exports from these industrives have dropped and has left thousands jobless.

  • Rupee likely to touch 62 against dollar soon: Moses Harding

    Rupee likely to touch 62 against dollar soon: Moses Harding

    With the rupee touching 60 on Wednesday, Moses Harding, IndusInd Bank, head - ALCO and economic & market research says the reason behind the sharp drop in the currency was the extended rally in the dollar index. He says that there is risk of the rupee extending its fall and touching 61.5-62 levels.

  • Gold drops 1% to near 2-week low as dollar firms

    Gold drops 1% to near 2-week low as dollar firms

    Gold is holding near its weakest level in two weeks, after falling more than 1 percent.

  • Gold falls below $1,600, euro zone worries cushion drop

    Gold falls below $1,600, euro zone worries cushion drop

    Gold fell on Tuesday as safe-haven demand ebbed after Cyprus clinched a last-ditch rescue deal, while the European Central Bank worked to allay anxiety that the bailout could have negative implications for other euro zone states.

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