Gold down on profit selling, silver also tumbles
Gold prices moved downwards at the bullion market in Mumbai today on hectic profit selling by stockists and traders amidst bearish trend in overseas markets.
By HT Correspondent | PTI, Mumbai
UPDATED ON JUN 29, 2010 08:36 PM IST
Gold prices moved downwards at the bullion market in Mumbai on Tuesday on hectic profit selling by stockists and traders amidst bearish trend in overseas markets.
Silver, which hit an all-time new peak on Monday, also tumbled due to heavy offerings by stockists coupled with speculative sell-off.
Standard gold (99.5 purity) dropped by Rs 125 per ten grams to close at Rs 18,770 from Monday's closing level of Rs 18,895. Pure gold (99.9 purity) also slipped by a similar margin to conclude at Rs 18,860 as against Rs 18,985 previously.
In New York, gold futures declined more than one per cent yesterday as the dollar strengthened against other major currencies and stocks recovered. Gold for August delivery lost USD 17.60, or 1.4 per cent, to USD 1,238.60 an ounce on the COMEX division of NYMEX.
Silver ready (.999 fineness) plunged by Rs 350 per kilo to end at Rs 30,035 as against Rs 30,385. July silver also shed 43 cents, or 2.3 per cent, to finish at USD 18.67 an ounce.
Pulkit Vij of Kamal Associates carries forward father’s ‘budget housing' dream
By HT Brand Studio
PUBLISHED ON MAR 03, 2021 07:09 PM IST
Even during the Covid-19 pandemic, the market continued to grow for Pulkit’s business because of their resolution to provide “Apna Ghar, Sabka Ghar”, which he treats like a daily mission.
Bitcoin jumps above $50,000 in recovery from last week’s rout
Bloomberg
PUBLISHED ON MAR 03, 2021 06:24 PM IST
The digital token climbed 8% to trade around $51,500 in early US trading, reaching the highest level in a week.
GST body could correct inverted duty on textile, fertiliser, footwear in March
By Rajeev Jayaswal
PUBLISHED ON MAR 03, 2021 05:29 PM IST
This is an old issue that required urgent attention now as businesses involved in these sectors are unable to claim input-tax credit because of higher levies on raw materials compared to the finished goods
Amazon, Google among those vying for India’s digital payments market
Bloomberg
PUBLISHED ON MAR 03, 2021 05:10 PM IST
In a market where cash is still king, digital payments are quickly gaining ground as India’s 1.3 billion people are starting to embrace online shopping and services such as online gaming and streaming.
Govt can cut excise duty on petrol, diesel by ₹8.5 a litre, say analysts
PTI, New Delhi
PUBLISHED ON MAR 03, 2021 05:10 PM IST
Excise duty was raised by ₹13 and ₹16 per litre on petrol and diesel between March 2020 and May 2020, and now stands at ₹31.8 on diesel and ₹32.9 per litre on petrol.
Crude oil rises ahead of OPEC+ meeting on supply curbs
Bloomberg
PUBLISHED ON MAR 03, 2021 04:57 PM IST
The widespread view among the Organization of Petroleum Exporting Countries and its allies is that the oil market can absorb extra barrels, according to people familiar with the matter.
WhatsApp users can now use animation for voice messages feature
ANI, Washington
PUBLISHED ON MAR 03, 2021 03:41 PM IST
WhatsApp users now would be able to switch off the read receipts that notify the sender of whether you've listened to the audio sent by them or not.
Sensex closes 1,147 pts higher at 51,444, Nifty jumps 326 pts to end at 15,241
PTI, Mumbai
UPDATED ON MAR 03, 2021 04:32 PM IST
- Sensex closes 1,140 pts higher to end at 51,437; Nifty ends session at 15,241
_1614765950009_1614765963224.jpg "Keep a close eye on your credit score and if possible clear off your credit card debts and existing loans that are smaller before availing a big loan.")
Reassessing your financial strategy before opting for a big ticket loan
By HT Brand Studio
PUBLISHED ON MAR 03, 2021 03:37 PM IST
When you opt for a big ticket loan, you should make sure that your emergency fund has enough to accommodate EMI repayments for at least six months.
Sensex breaches 51,000, Nifty above 15,100
PUBLISHED ON MAR 03, 2021 02:03 PM IST
- BSE Sensex was breached 51,000 on the upside, while the broader Nifty 50 index was ruling above 15,100.
Gold prices fall closes to 10-month low at ₹45,304 per 10 gm
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
UPDATED ON MAR 03, 2021 01:44 PM IST
Gold prices have dipped by ₹11,000 from its previous high in August last year when it cost ₹56,200 per 10 grams.
Petrol and diesel prices in your city on March 3, check here
By hindustantimes.com | Edited by Mallika Soni
PUBLISHED ON MAR 03, 2021 12:53 PM IST
Here’s what you pay for a litre of petrol and diesel in your city on March 3 as per the Indian Oil Corporation (IOC) site
OPEC oil has advantage over US shale during pandemic recovery
Reuters
PUBLISHED ON MAR 03, 2021 12:06 PM IST
- Prior to the pandemic-induced downturn, OPEC countries led by Saudi Arabia restrained their production. Shale drillers took advantage, boosting US output to a record 13 million barrels a day.
Easy Trip Planners set price band for March 8 IPO at ₹186-187
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON MAR 03, 2021 11:10 AM IST
The online travel agency has set the price band for its IPO at ₹186-187 per share. The IPO is likely to open for subscription on March 8 and close on March 10.
Sensex, Nifty firm up gains in early trade; financial stocks shine
Posted by Prashasti Singh | PTI, Mumbai
UPDATED ON MAR 03, 2021 09:52 AM IST
The BSE barometer Sensex was trading higher by 411.23 points or 0.82 per cent at 50,708.12 in early session, and the Nifty was up 124.65 points or 0.84 per cent at 15,043.75.