Gold shines at Rs 54,538, silver jumps Rs 2,854

New Delhi: Gold prices in the national capital on Friday gained Rs 687 to Rs 54,538 per 10 gram on recovery in international prices. Silver was also in demand as it jumped Rs 2,854 to Rs 65,910 per kg, from Rs 63,056 per kg on Thursday. PTI

New Delhi
Core industries’ output contracts 15% in June

Contracting for the fourth consecutive month, the output of eight core infrastructure industries shrank by 15% in June due to fall in the production of coal, crude oil, natural gas, steel, cement and electricity. PTI

New Delhi
Fiscal deficit at 83.2% of annual target in Q1

The country’s fiscal deficit during the first quarter of this fiscal widened to Rs 6.62 lakh crore or 83.2% of the Budget Estimates, mainly on account of poor tax collections due to the coronavirus lockdown. PTI

New Delhi
Mukesh Ambani calls for steps to do away with 2G

Reliance Industries’ Chairman Mukesh Ambani on Friday called for urgent policy measures to move away from 2G service, which started 25 years ago, and make it a “part of history”. He was speaking on the silver jubilee of the 1st mobile phone call made in India. PTI

New Delhi
CPI-IW increases by 2 points in June at 332

Retail inflation for industrial workers measured in terms of Consumer Price Index for Industrial Workers (CPI-IW) for June increased by 2 points to 332. PTI