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India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
Gold future prices sustained upward trend for the fourth straight session by surging Rs 2,048 to hit a fresh record high of Rs 100,000 per 10 grams as investors rushed to safe havens after US President Donald Trump indicated plans to overhaul Federal Reserve amid continuing global trade war jitters. On the Multi Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by Rs 2,048 or 2.1 per cent to hit a fresh peak of Rs 100,000 per 10 grams in the mid-session trade.
Unaware that the area was filled with cricket fans, he had a tough time managing the crowd.
East Bengal and Dempo play out dramatic draw in Super Cup opener
'No one had thought that a para-athlete can throw 70m when I started the game. Now, I am able to do it. So, we will try to throw 75m or 80m.'
Oblique Seville, who finished last in the Paris Olympics final last year, emerged an easy winner with 9.77 -- to be placed 10th on the all-time list. Melissa Jefferson-Wooden claimed a dominant victory in the women's 100 metres in 10.61 seconds -- the fastest time ever run at a World championships.
Tyson Gay tore up the track to complete a rare sprint treble at the world championships on Saturday and help the United States to the 4x100m relay crown.
Jaismine, Nupur assure India medals at World Boxing Championships; Nikhat bows out
This festive season, silver is being reinvented from gemstone accents and heirloom-inspired decor to luxury gifts, blending tradition with modern design.
Jaismine storms into final, Minakshi bags medal; men's campaign ends in drought.
: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan
With a modest workforce of 1,200, the 2007 start-up is already taking business from its bigger, established rivals, winning outsourcing contracts from leading US mortgage companies.
Then the air rifle women's team consisting of Arya Borse, Zeena Khitta and Ramita downed the Korean trio of Yeeun AN, Eunji Kwon and Jeongin Jang 17-9 in the title decider to give India the third gold of the day.
How India's athletes fared at the Paris Paralympic Games on Friday.
The pros and cons of investing in gold coins and bars, jewellery, gold ETFs and gold mining stocks.
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.
The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.
India's 59kg woman grappler Anjli clinched a silver medal, while free-style exponent Chirag assured the country of at least a second-place finish when he reached the 55kg final in the in the U23 World Championships in Tirana, Albania.
The Vedanta group, the eighth largest mining and metal company in the world, is all set for a gold rush in India.
Take the rediff business quiz and see how much you know about the history of gold
Lieutenant General Shakti Gurung deserves to be complimented in telling his life story and that of his people, as subaltern communities within this vast and diverse nation of ours clamour for recognition and a plea for their voices to be heard and their aspirations to be met, notes Lieutenant General Gautam Moorthy.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Merchandise exports to the US jumped 23.5 per cent year-on-year (Y-o-Y) to $8.3 billion in June, even as India's overall outbound shipments witnessed contraction during the month, according to the data released by the commerce department on Tuesday. The increase in outbound shipments to the US was largely driven by the rush among exporters to utilise America's pause on its plans to impose country-specific reciprocal tariffs.
'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'
Experts suggest bank deposits or exchange-traded funds over these.
It was gold rush for India at the Asian Junior Boxing Championships in Dubai on Sunday with four pugilists from the country winning gold medals.
India's exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of $26.42 billion. According to the commerce ministry data released on Thursday, imports increased by 19.12 per cent year-on-year to $64.91 billion in April due to a rise in shipments of crude oil and fertiliser.
India have sent an 84-strong contingent of para-athletes, the largest ever in the country's history -- a heady mix of youth and experience, for the Paralympic Games, starting in Paris on Wednesday.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
A woman coach with the Sports Authority of India's National Boxing Academy in Rohtak has been accused of sexual harassment by a minor pugilist
He won the first gold in wrestling for India in the Commonwealth Games and Ravinder Singh said it will spur him up to repeat his performance at the Asian Games in Guangzhou, China next month.
Prachi Yadav became the first Indian to win a para canoe gold in the Asian Para Games.
The official said there are both challenges and opportunities for India as many of its competitor countries in exports, such as China Vietnam, Bangladesh, Cambodia and Thailand, face higher duties.
CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.
