Gold likely to surge up to Rs 42,000 by December-end as geopolitical uncertainties, weak rupee push prices, say analysts
Spot gold prices are likely to bounce back while remaining above the critical support level of $1,458
Petrol, diesel prices become slightly cheaper after remaining unchanged for six days; crude rises on Venezuela crisis
This month, the state-run oil marketing companies reduced petrol and diesel prices just three times due to the rise in crude oil rates in the international market and a weak rupee.
Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60
Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.
Boeing says Indian airfares unsustainably low; lifts country's 20-year order forecast despite market challenges
India’s passenger traffic has risen at around 20 percent in recent years, making it one of the world’s fastest-growing aviation markets.
Rising dominance of budget carrier IndiGo as well as high oil prices, hefty fuel taxes and a weak rupee left Jet Airways strapped for cash and unable to pay employees and lessors on time.
Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage
Buying Jet Airways, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalized, and six years after it re-entered the market with two joint ventures.
The rupee has depreciated 13 percent so far in 2018 and has touched a historic low of Rs 72.32 to a dollar.
Oil prices have been on the rise for quite some time now from its lows in the past three years and hit record highs in recent months.
The risk factor for the NRIs is the possibility of Indian rupee sliding further at the time of redemption as well as at the time of payment of interest.