Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.
Two-thirds of gold demand in India comes from rural areas where jewellery is a traditional store of wealth.
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said
Spot gold fell as far as $1,142.10 an ounce on Thursday, its lowest since November 2014.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
The best way to curb gold demand is by reducing black money in circulation.
For easy and wide access, the government plans to market the bond through post offices and various brokers.
Chiekcn prices set to go up across cities in India.
Bharti Airtel has received financing commitments of up to $2.5 billion from top Chinese banks.
Just one year after taking office, Prime Minister Narendra Modi is facing a challenge that could come to haunt him.
India is expected to cut imports by a fifth in the fiscal year.
Key to Modi's plan will be the interest rates offered for gold deposits.
A downturn in Indian demand could hit global gold prices.
Prices of buffaloes and cattle have fallen by 20-30%.
Posco will have to bid for an iron ore licence to feed its plant.
India was once the world's third largest iron ore exporter and Goa its biggest exporting state
Rural slowdown may delay growth in the economy.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Modi is keen to restart big projects which are stuck for various reasons.
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