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Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

New Delhi, Aug 20 (PTI) Gold prices dropped Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 1,00,420 per 10 grams in the previous market close. In the local market, gold of 99.5 per cent purity slipped Rs 350 to Rs 99,700 per 10 grams (inclusive of all taxes) on Wednesday. It had closed at Rs 1,00,050 per 10 grams on Tuesday. “Gold prices extended losses on Wednesday as the

Rupee rises by 6 paise to close at 87.07 against US dollar

Mumbai, Aug 20 (PTI) Rupee pared initial losses and settled on a higher note at 87.07 (provisional) against the US dollar, up by 6 paise on the back of a rise in risk appetite in global markets. Forex traders said easing tensions over trade tariffs and hopes of peace between Russia and Ukraine enthused investors. Moreover, the proposed GST reforms and a recent credit rating upgrade by a foreign agency have bolstered confidence in the Indian economy. Rupee declined in the first half of the day on a positive US dollar and recovery in crude oil prices. However, the domestic

Stock markets log gains for 5th day; Sensex climbs 213 points led by IT shares

Mumbai, Aug 20 (PTI) Benchmark BSE Sensex closed higher by 213 points on Wednesday, extending its rally to the fifth consecutive day on heavy buying in IT shares. The 30-share BSE Sensex climbed 213.45 points or 0.26 per cent to settle at 81,857.84. During the day, it jumped 341.23 points or 0.41 per cent to 81,985.62. The 50-share NSE Nifty edged higher by 69.90 points or 0.28 per cent to 25,050.55. Among Sensex firms, Infosys surged the most by 3.88 per cent, followed by Tata Consultancy Services, which climbed 2.69 per cent. Hindustan Unilever, NTPC, Tata Steel, Tech Mahindra, Eternal

NDA candidate Radhakrishan files nomination papers for vice presidential election

New Delhi, Aug 20 (PTI) NDA candidate C P Radhakrishnan on Wednesday filed his nomination papers for the vice presidential election in the presence of Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah and other senior leaders. Modi, flanked by Radhakrishnan and senior NDA leaders, handed over four sets of nomination papers to Rajya Sabha Secretary General P C Mody, who is the returning officer for the vice presidential election. The four sets of nomination papers have Modi, Singh, Shah and JD(U) leader Rajiv Ranjan Singh as lead proposers. The returning officer examined the nomination papers

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