Web
Analytics
The news is by your side.

price

Gold price dip sparks little cheer; India buyers unmoved

MUMBAI/BENGALURU: A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger dips. In the Indian market, gold futures were trading at around 29,800 rupees per 10 grams on Friday, having fallen to the lowest since Jan. 19, at 29,638 rupees, earlier this week. “Prices have fallen but there is no rush of consumers,” said Ghanshyam Nichani, owner of Dhanraj Jewellers in Mumbai. “They are waiting for bigger falls. In the…

Govt refrains from hiking petroleum prices

ISLAMABAD: On the last day in power, the government has refrained from a massive hike in the price of petroleum products. Finance Minister Miftah Ismail said that the prime minister, on the recommendation of the ministry has decided to leave the prices of petroleum products unchanged till June 7. He said that the incoming caretaker government can decide new prices of petroleum products. "Since our govt ends today, and new prices of Petrol, Diesel and Kerosene Oil go in effect from tomorrow, therefore on Min of…

Bitcoin price jumps to two-week high after dramatic fall earlier

LONDON: Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two-week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains. On the Luxembourg-based Bitstamp exchange BTC=BTSP, bitcoin rose as much as 17 percent at one point in mid-morning European trading. By 1250 GMT, it was up 11 percent at $7,705, its highest level since March 29. Other cryptocurrencies like Ethereum .MVETH and Ripple .MVXRP also rose…

Milk being sold at Rs100 per litre in Karachi

KARACHI: The price of milk has reportedly increased by fifteen rupees per litre in Karachi as no progress has been made in talks between the dairy farmers and local administration, ARY News reported.  Milk is being sold at Rs100 per litre in various party of the city. This is likely to increase further woes for city dwellers who struggle to make their ends meet for the essential commodity. "People utilise milk a lot. If it is increased then how will the poor be able to afford him," a elderly citizen told ARY News. "It…