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Gold falls Rs 200 to Rs 98,670/10 g; silver declines Rs 500

New Delhi, Jul 17 (PTI) Gold prices fell by Rs 200 to Rs 98,670 per 10 grams in the national capital on Thursday due to unabated selling by stockists amid subdued demand trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity went lower by Rs 500 to close at Rs 98,870 per 10 grams on Wednesday. Meanwhile, gold of 99.5 per cent purity declined by Rs 200 to Rs 98,200 per 10 grams (inclusive of all taxes) on Thursday. It had finished at Rs 98,400 per 10 grams in

Stock markets close lower on selling in IT stocks, fresh foreign fund outflows

Mumbai, Jul 17 (PTI) Benchmark stock indices Sensex and Nifty settled lower on Thursday following selling in IT shares and investors remaining in a wait-and-watch mode ahead of the outcome of the US-India trade talks. The 30-share BSE Sensex dropped 375.24 points or 0.45 per cent to settle at 82,259.24. During the day, it fell by 415.21 points or 0.50 per cent to 82,219.27. The 50-share NSE Nifty closed lower by 100.60 points or 0.40 per cent to 25,111.45. Fresh foreign fund outflows and subdued quarterly earnings dented investors’ sentiment, experts said. Among Sensex firms, Tech Mahindra declined nearly 3

Rupee falls 20 paise to close at 86.12 against US dollar

Mumbai, Jul 17 (PTI) The rupee declined 20 paise to settle at 86.12 against the US dollar on Thursday amid a stronger greenback, outflow of foreign funds and volatile global crude oil prices. Selling trend in the domestic equity markets and uncertainties over the outcome of the ongoing India-US trade talks further pressured the rupee, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.93 against the US dollar and traded in the range of 85.80-86.13 during the day before settling at 86.12, down 20 from its previous close. The rupee had declined 16 paise against

Set to retire in July, 1994 batch IPS officer promoted to DG rank

Mumbai, Jul 17 (PTI) The Maharashtra government on Thursday promoted 1994 batch Indian Police Service officer Sukhwinder Singh to the rank of Director General ahead of his retirement at the end of this month. The order to promote Singh was taken by the state home department, an official said. “He is scheduled to retire from the force at the end of July after 31 years of the service. Singh was currently posted as Additional Director General (Establishment) in Maharashtra Police headquarters here. The post has been upgraded to DG rank,” the official said. Singh has earlier served as ADG of

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