Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.
The hallmarking of gold, which is voluntary in nature at present, is a purity certification of the precious metal. The Bureau of Indian Standards (BIS), under the Consumer Affairs Ministry, is the administrative authority of hallmarking.
State-owned reinsurer General Insurance Corporation of India (GIC) was listed on the bourses in October last year, while New India Assurance Company Ltd made its stock market debut in November last year.
When fuel prices started to rise on the back of a spurt in international oil rates and depreciation in rupee value against the US dollar in August, demand marginally dipped by 0.3 percent to 16.5 MT. In the following month, when petrol and diesel prices continued their upward trend, consumption rose by just 1 percent to 16.51 MT.
It said the yield will be influenced by various factors including crude oil prices, the evolving balance of various fiscal risks, likelihood of revision in governments market borrowing in Q4, magnitude of open market operations, trend in FPI flows and the rupee, and global interest rates.
The maiden bundle of nine highway projects under TOT was a huge success, which was over subscribed and had fetched NHAI Rs 9,681 crore.
While the rift is far from healed, the sources said enough progress had been made to avoid acrimony at a board meeting of the Reserve Bank of India (RBI) next Monday. The threat that RBI Governor Urjit Patel would quit, as reported by some newspapers last week, is also thought to be off the table for now, they said.
The nation's consumption of the metal is expected to rise to 1.433 million tonnes by 2026 from 650,000 tonnes in 2018, Birla Copper CEO JC Laddha told delegates at the Asia Copper Conference in Shanghai.
Powell, quizzed by Dallas Federal Reserve President Robert Kaplan in an hour-long conversation, was not asked directly about possible further rate increases, but said nothing to counter the expectation that the Fed will raise rates again when it meets in December.
Trump is expected to meet Chinese President Xi Jinping on the sidelines of a G20 summit in Argentina at the end of November and in early December.
A bank official said several farmers were reluctant in repaying their crop loans and it has become one of the reasons in the rise in NPA level under farm sector.
At present, no reinsurance support has been given under the scheme and discussions are still underway.
It is important to opt for a financial instrument which offers the dual benefit of investment and protection
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters.
Union minister of road transport and highways, Nitin Gadkari, will also host a “road show” in Mumbai on November 15th to invite prospective bidders to invest in these projects
The report surveyed 750 employers and 2,500 employees of small, medium and large companies across 19 sectors and 14 cities to understand the hiring sentiment in the country.
India's gas transportation regulator Petroleum and Natural Gas Regulatory Board (PNGRB) recently raised the tariff by the same range on seven local piplines.
The contraction in the world's third-largest economy adds to growing signs of weakness globally, with China and Europe losing momentum.
The United States early this month re-imposed sanctions against Iran's oil exports to punish Tehran for its involvement in several Middle Eastern conflicts and curb its nuclear programmes.
The WPI is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices.
NHAI plans to establish 50,000 km of roads, worth $250 billion, by 2022 to double the length of India's national highway network to 200,000 km.
Singles’ Day is an Alibaba concoction, and it is Sales on Steroids. Ten years since its inception, it has come to be regarded as the biggest day of shopping in the world.
The world's top steel producer churned out 82.55 million tonnes of crude steel last month, up from 80.85 million tonnes in August and from 72.36 million tonnes in October last year, data from the National Bureau of Statistics (NBS) showed on Wednesday.
Flipkart its journey as an online bookstore on October 15, 2007, is now arguably one of India's top ecommerce gaints.