Gold Drops Rs 1,300 to Rs 81,100 Per 10 Gm; Silver Plummets Rs 4,600

New Delhi: Gold prices retreated from record high in the national capital on Monday, declining Rs 1,300 to Rs 81,100 per 10 grams following fresh selling by stockists and retailers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had traded flat at Rs 82,400 per 10 grams — its all-time high — on Thursday. Silver also…

India Expects 48 Lakh Weddings in Next Two Months, May Generate ₹6 lakh crore business

New Delhi: According to Confederation of All India Traders (CAIT)India expects 48 lakh weddings in the next two months, may generate ₹6 lakh crore in business. As compared to last year’s 35 lakh marriages, which generated ₹4.25 lakh billion, this year’s season shows significant rise, mainly due to a surge in auspicious marriage dates.  Big Fat Indian Wedding Season which is predicted to…

Delhi: Festival Season Vehicle Sales Set New Record

New Delhi: The festival season vehicle sales have set a record with over 86,000 new vehicles being registered with the transport department of Delhi government ahead of Diwali , officials said on Friday. According to the official figures, more than 86,000 new vehicles were registered with the transport department last month up to October 30, earning a revenue of Rs 366 crore in…

Adani Slashes Power Supply to Bangladesh by Half Over Outstanding bills: Report

Dhaka: India’s Adani Power Jharkhand Limited (APJL), a wholly-owned subsidiary of Adani Power, has slashed half of its power supply to Bangladesh because of outstanding bills of USD 846 million, according to a local media report on Friday. Adani Power Supply to Bangladesh Data from Power Grid Bangladesh PLC showed the Adani plant reduced supply on Thursday night, The Daily Star newspaper said.…

GST Collection Grows 9 Percentage to Rs 1.87 Lakh cr in Oct

New Delhi: Gross GST collection in October month grew 9 percent to over Rs 1.87 lakh crore on higher revenues from domestic transactions. GST Collection in October The Central GST collection stood at Rs 33,821 crore, State GST at Rs 41,864 crore, Integrated IGST at Rs 99,111 crore and cess at Rs 12,550 crore. The total gross Goods and Services Tax (GST) revenue…

Muhurat Trading 2024: Check Date, Time, Other Details

Trading Muhurat 2024:  As the festival of lights, Diwali , investors across India are preparing for a fresh financial start with the much-anticipated Diwali Muhurat trading session. More than a symbolic tradition, this unique trading window signifies the beginning of Samvat 2081, offering market participants an auspicious opportunity to lay foundations for a fruitful investment year. The Indian equity market has already rewarded…

Gold Sales to Drop 10% on Dhanteras as Prices Surge, Value Set to Rise

New Delhi: Gold sales on Dhanteras are estimated to drop 10 percent in volume terms year-on-year on sharp 33 percent annual rise in rates of the yellow metal, according to industry players. Significance of Dhanteras Since Dhanteras — the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils — is celebrated on two days till 1.11 pm…

Good News: Ahead of Dhanteras Rate of Gold Declines Rs 400 Per 10 Gram | CHECK PRICE

1 day before the festival of Dhanteras the Gold prices in the country fell Rs 400 to Rs 81,100 per 10 grams in the national capital on Monday amid weak trends in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 percent and 99.5 percent purity had revisited its all-time of Rs 81,500 and Rs 81,100 per…

Ambuja Cements Delivers, Highest Volume In Q2 Series In The Last 5 Years

Ahmedabad, 28 October 2024: Ambuja Cements, the most trusted legacy cement brand, one of India’s largest cement and building materials company and part of the diversified Adani Group today announces steady financial performance for Q2 and first half-year(H1) of FY’25. This performance is supported by healthy volume growth, increasing scale of operations, value extraction of acquired assets, enhanced cost leadership, improved operational efficiencies and…

Beer Makers Urge Karnataka Govt to Withdraw Draft Notifications, Fear 10-20% Price Hike

New Delhi: The Beer Association of India (BAI) has urged the Karnataka government to withdraw draft notifications, which proposed a hike in duty through alcohol content-based classification in beer, saying that on average this move would lead to a price increase of 10-20 per cent in mainstream and premium segments. The draft notification proposes to double the excise duty on strong beer to…