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Gold recovers on global cues, jeweller buying

Gold prices edged higher by Rs 15 to Rs 31,585 per 10 grams at the bullion market today, snapping its two day slide following a firm trend overseas coupled with pick-up in buying by the local jewellers.On the other hand,…

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Bonds slip, call rates rule steady

Government bonds (G-Secs) slipped on selling pressure from banks and corporates, while, Interbank call money rates ruled steady as demand from borrowing banks match supplies.The 7.17 per cent 10-year benchmark bond maturing in 2028 fell to Rs 95.69 from Rs…

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GST will lead to 112 per cent growth in warehousing

India will see 112 per cent increase in warehousing space by 2021 as GST is pushing companies to re-structure their portfolio and bring in larger and supply chain-efficient warehouses rather than focusing on tax saving through smaller facilities.?GST is playing…

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MFIs lower rates with greater efficiency, lower cost of funds

Despite hardening of general interest rates, there’s some relief for a certain segment of micro loan borrowers by way of lower borrowing costs. A handful of microfinance institutions (MFIs) are reducing lending rates backed by improved efficiency and lower cost…

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WTO, global trade witnessing real challenge, says Suresh Prabhu

Affairs at the World Trade Organisation (WTO) and the global trading system have been witnessing challenges, with countries putting roadblocks to safeguard their respective interests, commerce and industry minister Suresh Prabhu said on Thursday. The government, however, is trying to…

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