APN News

  • Fri Nov 24 2017 23:21:56 GMT+0100 (CET)
  • Global crude oil prices slip towards 12 year low

    Mumbai: Crude oil prices fell over 2% on Monday as China’s economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices, as they increasingly lose faith in a significant market recovery.Global benchmark Brent was down 89 cents, to 32.66 US Dollars p...

    NCDEX introduces risk management fee on fresh OI

    Mumbai: NCDEX, India�s leading commodity derivatives exchange, has decided to introduce one time risk management fee on every overnight fresh open position created on the Exchange platform. The levy Rs. 5 per lakh on incremental open position will be applicable from 15th October, 2014 onwards. Howev...

    NCDEX launches internationally aligned Sugar contract for increased efficiency in hedging

    Mumbai : NCDEX, the leading commodity exchange, today announced that its sugar contracts October onwards have now been aligned to the international market so that the sugar industry is able to better protect itself from volatility in global prices. The new contract has been designed in close partner...

    Gold tumbles by Rs 800 as RBI eases import curbs

    Gold prices tumbled by Rs 800 to hit nine-month low of Rs 28,550 per ten grams in New Delhi on Thursday after the Reserve Bank eased import norms.Besides, sluggish demand and subdued global cues also weighed on the precious metal prices.Silver in range-bound movements fell by Rs 50 to Rs 41,650 per ...

    RBI eases gold import curbs

    RBI eases gold import curbs

    The Reserve Bank on Wednesday eased gold import norms by allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports. The Reserve Bank of India (RBI) in July last year had imposed severe restrictions on gold imports in order to check burgeo...

    CapitalVia’s Fundamental

    Precious metal:-Gold prices moved in a range initially and ended up marginally by moving 0.25%. Ongoing tensions in Ukraine and Russia has helped supporting Gold prices in international market. SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 8.39 ...

    BlueStone.com raises $10 Million in Series B funding led by Kalaari Capital

    New Delhi: BlueStone.com, India’s premier online jewellery destination has announced a 2nd round of VC funding, worth 10 Million Dollars (60 Crores). The funding is led by Kalaari Capital, while the existing investors Accel Partners and Saama Capital have also participated. Founded in 2011, B...

    Govt raises gold’s import tariff value

    Govt raises gold’s import tariff value

    The government has hiked the import tariff value on gold to USD 445 per 10 grams from at USD 433 per 10 gram earlier.However, the import tariff value — the base price at which customs duty is determined to prevent under-invoicing — in case of silver has been reduced to USD 694 per kg f...

    Christmas demand spurs gold to new high

    Snapping a two-day losing streak, gold rose 125 rupees, to 30,175 rupees per ten grams at Delhi’s bullion market, on Wednesday, on Christmas demand, coupled with a firm global trend.Silver gained 140 rupees, to 43,690 rupees per kilo, on increased offtake by industrial units. Silver coins hel...

    Oil prices edge higher ahead of US Fed meeting

    Oil prices edged higher in Asian trade on Monday as investors focused on the US Federal Reserve's policy meeting this week for clues about its long-awaited stimulus pullback. New York's main contract, West Texas Intermediate (WTI) for January delivery, was up six cents at USD 96.66 in mid-morning t...

    Govt slashes tariff value on imported gold; raises on silver

    Govt slashes tariff value on imported gold; raises on silver

    The government on Friday slashed the import tariff value on gold to USD 398 per ten grams while raising it marginally on silver to USD 643 per kg in line with global trends.The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.The tariff value o...

    Govt cuts import tariff value on gold

    The government has further slashed the import tariff value of gold to USD 417 per ten gram, while it was kept unchanged for imported silver at USD 738 per kg, in line with global trend.The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.The ta...

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