May 06, 2015 16:41 (IST)
Taking positive cues from global markets and increased seasonal buying by jewellers, gold extended gains for the second straight day. The precious metal rose by Rs 130 to Rs 27,350 per 10 grams at the bullion market on Wednesday.
May 06, 2015 12:54 (IST)
It is now looking to buy a total of 30,000 tonnes of petrol for May 15-23 delivery to Mundra, down from its original target of a total of 35,000 tonnes for May 15-20 delivery.
May 06, 2015 09:02 (IST)
The U.S. Energy Information Administration will issue official stockpiles at 1430 GMT on Wednesday.
May 06, 2015 07:48 (IST)
The dollar came under pressure after disappointing U.S. trade data for March painted an even bleaker economic picture of the first quarter.
May 05, 2015 19:58 (IST)
The Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
May 05, 2015 19:29 (IST)
Libyan oil output is now below 500,000 barrels per day (bpd), officials say, a third of what the country pumped before 2010.
May 05, 2015 17:29 (IST)
As per some reports, there is around 20,000 tonne of gold held by the people in the country, Mr Jaitley said.
May 05, 2015 15:12 (IST)
Gold snapped its three-day losing streak on Tuesday by surging Rs 220 to trade at Rs 27,220 per 10 grams at the bullion market on positive global cues and increased buying by jewellers to meet wedding season demand.
May 05, 2015 12:56 (IST)
The wealthy monarchies, however, should "not react in a knee-jerk way to lower oil prices", the IMF Middle East and Central Asia chief Masood Ahmed told AFP in an interview yesterday.
May 05, 2015 10:17 (IST)
A stronger US dollar also weighed on the dollar-denominated commodity, while investors waited for data on US commercial crude oil inventories later this week for more direction.
May 05, 2015 07:41 (IST)
Silver gained for a third straight session, after climbing to a four-week high on Monday.
May 04, 2015 20:18 (IST)
Brent crude slipped 15 cents to $66.31 a barrel by 1331 GMT, after hitting a 2015 peak of $67.10.
May 04, 2015 17:55 (IST)
Gold prices rose 0.37 per cent to Rs 28,734 per 10 grams in futures trade in evening session on Monday as speculators enlarged their positions, taking positive cues from the Asian markets.
May 04, 2015 15:16 (IST)
Gold imports surged 19.5 per cent to $34.32 billion in fiscal year 2014-15 due to declining prices and easing of restrictions by the Reserve Bank of India.
May 03, 2015 19:05 (IST)
The Oil Ministry wants UK's BP Plc to furnish a bank guarantee and an undertaking that it will meet the minimum investment requirement for getting a licence to retail jet fuel (ATF) to airlines in India.
May 02, 2015 15:34 (IST)
Traders said weakening global trend where gold fell to a six-week low on mounting speculation that the Federal Reserve is moving closer to raising US interest rates mainly kept pressure on gold prices.
May 01, 2015 13:41 (IST)
Households are entitled to 12 cylinders of 14.2-kg each at subsidised rate of Rs 417 in Delhi. Any requirement beyond this has to be bought at the market price, which is now Rs 616 in Delhi.
April 30, 2015 23:34 (IST)
State-owned fuel retailers IOC, Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise petrol and diesel prices on 1st and 16th of every month based on average imported cost and rupee-dollar exchange rate in the previous fortnight.
April 30, 2015 17:41 (IST)
The new duty structure will be applicable from June 1, Mr Jaitley told the Parliament.
April 30, 2015 15:25 (IST)
Extending its winning run for a third straight day on Thursday, gold prices rose by another Rs 55 to trade at an over three-month high of Rs 27,475 per 10 grams at the bullion market on sustained buying by jewellers to meet wedding season demand amid firming trend overseas.