Business

Spot gold was down 1.2% at $1,718.09 per ounce by 11:56 a.m. ET, after falling to its lowest since June 2020 at $1,701.40 earlier in the session.

In the international market, the rate of gold decreased by 0.25 percent to USD 1,733.90 per ounce on Wednesday.

The US lawmaker cautioned the American leadership against galloping foreign debt.

Gold prices fell as much as 2.2% to a near oneweek low on Thursday as a surge in U.S. Treasury yields and betterthanexpected economic data out the United States dented demand for the safehaven metal.

The cost of one gram of 22-carat gold stood at Rs 4,577 after a fall of Rs 18 from the earlier rate of Rs 4,595.

RBI Governor Shaktikanta Das

Oil prices settled near yearlong highs on Tuesday on signs that global coronavirus restrictions were being eased, although concerns about the pace of a U.S. economic recovery and the return of Texas oil production kept gains in check.

The BSE Sensex was down 397.14 points to close at 51,324.69 on February 18. The Nifty50 too declined 89.90 points to 15,119.

Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country's largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.

Stocks ended mostly lower on Wall Street Wednesday as losses by technology and industrial companies offset gains in other parts of the market. The S&P 500 edged down less than 0.1%, while the tech-heavy Nasdaq gave back 0.6%. Small-company stocks also fel...

The S&P 500 and the Nasdaq fell on Wednesday as concerns about inflation pressured stocks and investors rotated out of technology shares.

General Electric Co expects a cash outflow in the first quarter of 2021 despite a yearonyear increase in cash generation, Chief Executive Officer Larry Culp said at a Barclays Industrial Conference on Tuesday.

Stocks in Europe flirted with oneyear highs on Tuesday, buoyed by hopes that rollout of the COVID19 vaccine and a huge U.S. stimulus package will translate into a durable economic recovery and draw a line under a year of lockdowns.

The main motive behind the offering is to use the net proceeds for carrying out the disinvestment plan and to achieve the benefits of equity share listing on the stock exchanges.

The company had received SEBI's approval to raise Rs 100 crore through the public issue a month ago on January 11. Nureca raised Rs 44.55 crore from two anchor investors ahead of the IPO, on Friday, February 12.

U.S. investment company Artisan Partners, which is putting pressure on France's Danone to shake up its management amid criticism over weak returns, will meet several of its board members next week, a source close to the matter said on Sunday.