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East Coast Daily Eng Business News

  • Business

    Commodity Market: Gold price slips down

    In the commodity market, the price of precious metal gold has continued its downfall. On today the price of yellow metal was slipped down by Rs. 120. The price of sovereign gold has slipped down by Rs.120 to reach at Rs.27,760 per eight gram. Single gram is priced at Rs.3470. Gold was settled trading at Rs.27,880 on yesterday. The price of gold has touched an all-time high of 29,120 on September 4. After...

    • 23 hrs ago
  • Business

    India's forex reserves increased

    The data released by the Reserve Bank of India has revealed that India's Foreign Exchange reserve has been increased. The data released by the apex bank has revealed that the in the week to September 6, the forex reserve of the country has increased by $.1.004 billion to $.429.608 billion. In the previous week the forex reserves has slipped by $.446 million to $.428.604 billion. The forex reserve has touched...

    • yesterday
  • Business

    Stock market: Sensex, Nifty ends lower

    In the stock market, the domestic benchmark indices BSE Sensex and NSE Nifty has ended in loss today. BSE Sensex and NSE Nifty has ended trading in lower. The Sensex settled trading at 37,435.15 lower by 160.70 points or 0.43%. The NSE Nifty settled trading at 10,975.95 lower by 59.75 points or 0.54%. The main reason for the downfall of equity market was the slipping of automobile sector. The top gainers...

    • 3 days ago
  • Business

    Forex Market: Indian rupee rises against dollar

    In the forex market, the domestic currency Indian rupee has surged against the Us dollar on the early hours of trade. The Indian rupee has rose by 36 paise to reach at 71.30 against the US dollar. As per trade experts, the main reason for the upward rally of Indian rupee is the gain in the Indian share market and foreign fund inflows. At the Interbank Foreign Exchange the Indian rupee opened at...

    • 3 days ago
  • Business

    Stock Market: Sensex, Nifty neds in gain

    In the stock market, the domestic benchmark indices BSE Sensex and NSE Nifty ended in green. The BSE Sensexsettled trading at 37,271 gaining by 0.3% or 125 points and NSE Nifty ended trading at 11,036 gaining by 0.3% or 33 points. 8 of 11 sector gauges in Sensex has ended higher. The top gainers in the market Eicher motors, maruti Suzuki, JSW Steel, Tata Steel, Vedanta, Bajaj Auto and IndusInd Bank. The...

    • 4 days ago
  • Business

    Forex Market: Rupee slips against dollar

    In the forex market, the domestic currency Indian rupee has slipped against US currency US dollar. Today in the early hours of trading the Indian rupee has slipped by 13 paise to reach at 71.84 against the US dollar. The reason for the downfall of Indian rupee is the rising crude oil price and foreign fund outflow. At the Interbank Foreign Exchange, the Indian rupee opened at 71.82 and then slipped...

    • 4 days ago
  • Business

    Muthoot Finance denies move to close down branches

    One of the biggest Non-Banking Finance Company (NBFC) in the country Muthoot Finance has ruled the news that it is planning to shut down the branches outside Kerala. The company management has made it clear that such news are totally baseless and untrue. The company has also said that it is planning to open more branches in a move to strengthen its network and branch expansion across the...

    • 6 days ago
  • Business

    'Make in India': Prime Minister inaugurates first metro coach manufactured in India

    Prime Minister Narendra Modi has today launched the first metro coach manufactured by the government owned Bharat Earth Movers under the 'make In India' scheme. The metro coach is the first of 500 to be delivered by the Bharat Earth Movers at its Bengaluru factory in flat 75 days. The coaches will be given to Mumbai Metro Rail Corporation. The Prime...

    • a week ago
  • Business

    Jio Fibre' launched:Free voice call for life-time, Price, offers,plans, Here are details

    Telecom operator 'Reliance Jio' has launched its fibre based broadband service 'Jio Fibre'. The service launched on yesterday. Earlier in last month, Mukesh Ambani the chairman of Reliance group has announced that the customers will be given lifetime free voice calls from landline and many more service. The Reliance Jio is targeting 35...

  • Business

    Commodity Market: Gold, Silver prices goes up

    In the commodity market, the price of precious metals gold and silver has surged. India's gold import has declined 73% in the August month.And this is the lowest level in three years. India imported only 30 tonnes of gold in August this year. Last year it was 111.47 tonnes. In the international market, the price of gold has slipped down. in New York, gold was trading at $.1537 per ounce. Silver...

    • 2 weeks ago

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