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Gold prices: Experts warn that the yellow metal is an important constituent for portfolio but not as a standalone asset, while they acknowledge that there would be a greater interest among investors in run up to the festive season. Gold prices on 23 September hit ₹1,13,253 (for 24 carat gold) and ₹1,03,833 (for 22 carat…
AMID CONCERNS the industry may not fully transmit the benefits of the GST rate cuts to end-consumers, the Revenue Department under the Union Ministry of Finance has asked its officers in the field to compile monthly data reports on price change of commodities pre- and post-GST rate rationalisation. The new rates will be effective September 22. In…
Sale increase, Tata Motors sells 10k cars, Maruti, Hyundai sales soar on first day of Navratri amid reduced prices Tata Motors reported record sales of 10,000 passenger vehicles on Navratri’s first day, boosted by reduced vehicle prices after GST reforms. Maruti Suzuki and Hyundai also saw strong sales, selling 30,000 and 11,000 units, respectively, due…