Rajesh Bhayani, Avishek Rakshit &Amp;Amp; T E Narasimhan

Stories by Rajesh Bhayani, Avishek Rakshit &Amp;Amp; T E Narasimhan

Gold rises to lifetime high even as profit-taking looms

Gold rises to lifetime high even as profit-taking looms

Rediff.com   30 Jul 2020

Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.

Respite for automakers: Tractor, two-wheeler sales rebound

Respite for automakers: Tractor, two-wheeler sales rebound

Rediff.com   23 Jul 2020

A good agricultural harvest and a timely arrival of monsoon, besides a slew of government schemes, have also come as a bounty.

Even before release from jail, Sasikala factor rocks TN politics

Even before release from jail, Sasikala factor rocks TN politics

Rediff.com   22 Jul 2020

The big question is: Will her release be a threat to Chief Minister Edappadi K Palaniswami? The answer is, while it may give him moments of nervousness, he will not be replaced, say political experts. T E Narasimhan reports.

As demand shrinks, gold import likely to fall to 17-year low

As demand shrinks, gold import likely to fall to 17-year low

Rediff.com   21 Jul 2020

Those interested in investing in gold have shifted to instruments, such as sovereign gold bonds and gold ETFs. Many others are, in fact, selling gold or using it as collateral to generate short-term liquidity.

At Rs 52,195/kg silver turns most expensive since Sep 2013

At Rs 52,195/kg silver turns most expensive since Sep 2013

Rediff.com   17 Jul 2020

The all-time high price of silver is Rs 75,000 a kg, recorded in April 2011.

Can TikTok beat the swadeshi brigade and come back?

Can TikTok beat the swadeshi brigade and come back?

Rediff.com   12 Jul 2020

TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.

Car makers rejig products as diesel, petrol prices near parity

Car makers rejig products as diesel, petrol prices near parity

Rediff.com   10 Jul 2020

While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.

Jio Platforms deals a big boost for PE investments

Jio Platforms deals a big boost for PE investments

Rediff.com   2 Jul 2020

Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.

How Hyundai Creta busted the no sales in lockdown myth

How Hyundai Creta busted the no sales in lockdown myth

Rediff.com   24 Jun 2020

Smart positioning, continued communication and a global design language have played a big role, say experts

Despite anti-China sentiments will Vivo manage to keep ringing?

Despite anti-China sentiments will Vivo manage to keep ringing?

Rediff.com   24 Jun 2020

As campaigns against Chinese brands intensify and the virus keeps people indoors, Vivo plays it slow with a digital-first launch plan.

Eveready hopes to ride the anti-China wave

Eveready hopes to ride the anti-China wave

Rediff.com   23 Jun 2020

50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.

'We will continue with China business'

'We will continue with China business'

Rediff.com   23 Jun 2020

Sundram Fasteners is planning to grow the Chinese venture further expanding on its product range covering fasteners, bearing housings, machined castings.

As lockdown eases, hotels ready with new 5-star drill

As lockdown eases, hotels ready with new 5-star drill

Rediff.com   15 Jun 2020

As several premium hotels such as ITC, Taj and Oberoi reopen after the lockdown in cities such as Bengaluru, Kolkata and Hyderabad, many changes have been made for the safety of guests and staff including temporary closure of spas, bars, gyms, and swimming pools.

Auto retail sales down by 88.87% in May

Auto retail sales down by 88.87% in May

Rediff.com   12 Jun 2020

At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country.

How things improved for steel, cement cos in May

How things improved for steel, cement cos in May

Rediff.com   2 Jun 2020

In the domestic segment, demand is currently led by rural markets, oil and gas, LPG and B2C segments like roofing and sheeting.

Tension at China border leaves tea companies in a stir

Tension at China border leaves tea companies in a stir

Rediff.com   31 May 2020

Planters from Assam said despite the Covid-19 pandemic, trade enquiries from China had been rising. However, owing to the growing conflict, enquiries may dry up. 'We have seen how the trade dried up in case of the Pakistan conflict and fear the same,' a planter from Assam said.

Sovereign gold bond sale in May highest since launch

Sovereign gold bond sale in May highest since launch

Rediff.com   28 May 2020

The government has sold SGBs worth Rs 1,990 crore in April and May alone.

Silver likely to outperform gold

Silver likely to outperform gold

Rediff.com   22 May 2020

Silver has been quoting at a premium in India since mid-March because of huge scarcity.

Royal Enfield may recall 15,200 units from export markets

Royal Enfield may recall 15,200 units from export markets

Rediff.com   21 May 2020

This is a precautionary service intervention, and will be undertaken across the UK, rest of Europe and South Korea, the company said.

How India Inc is trying to save jobs

How India Inc is trying to save jobs

Rediff.com   21 May 2020

India's biggest firm, Reliance Industries, has decided to cut salaries by 10 per cent in its oil and refining divisions. Several smaller companies like Kajaria Ceramics have followed suit with cuts as high as 40 per cent for those earning more than Rs 50 lakh.