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Gold continues bull run, nears Rs 39,000 mark

Thursday, August 22, 2019, 5:17 PM

Continuing the record-setting trend, gold price on Thursday hit a new high of Rs 38,970 per 10 gram by gaining Rs 150 in the national capital, according to the All India Sarafa Association, mainly on account of a weaker rupee and safe-haven buying from investors due to weak equity market. Gold prices have been hitting a fresh high everyday since Tuesday.
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Commerce ministry to soon come out with new foreign trade policy

Thursday, August 22, 2019, 4:49 PM

The commerce ministry will soon come out with a new foreign trade policy, which provides guideline and incentives for increasing exports, for the next five financial years 2020-25, an official said. The ministry is giving final touches to the new policy as the validity for the old one will end on March 31, 2020.
 
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Transport ministry wants lower GST on hybrid vehicles

Thursday, August 22, 2019, 4:44 PM

The transport ministry has written to the finance ministry asking for the goods and services tax on hybrid vehicles to be reduced from 28%. This comes after the GST Council, the apex decision-making body for the tax, slashed the rate for electric vehicles to 5% last month in a bid to boost cleaner sources of mobility.

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