Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
Both Indian firms have been in talks with investors for nearly a year to raise fresh funds of as much as $ 1 billion, but with little success so far.
The wedding celebrations show the controversial mining baron retains influence over elected representatives, whichever party is in power.
Real reason for crashing gold prices is not Trump victory, says expert.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
The concept of gold as an asset capable of getting anytime money is evaporating.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
The Modi government's decision to demonetise Rs 500 and Rs 1,000 banknotes will drive up interest in the bullion market
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
"The industry is looking at a rate of 12-16 per cent. So, it entirely depends on how it gets. But the bigger concern is how the GST is applied," said R Chandrashekhar, president of Nasscom.
'It is a gradual process of saying we want to have all the decisions across business sectors available in India as well.'
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
In our case, the reason for this downward revision of guidance is because there are clients where we have had one time hits because of ramp-downs and things like this, says the Infosys CEO.
With its free listing of goods and services, Facebook could disrupt the paid model adopted by classified players in the country, say Ayan Pramanik and Raghu Krishnan.
Quikr founder & CEO Pranay Chulet tells Raghu Krishnan and Bibhu Ranjan Mishra why money has never been an issue for Quikr and that someday he will make a romantic comedy.
