Demand


YSRCP MP Vijaya Sai Reddy


All India Gems and Jewellery Trade Federation (GJF) is upbeat on good monsoon and surging demand.

Gold prices dropped Rs 80 to trade at over three-month low of Rs 30,240 per 10 grams. Silver, however, staged a rebound by gaining Rs 370 to Rs 42,300 per kg .

Globally, gold dropped by 3.26 per cent to settle at $1,268.40 an ounce in New York Tuesday. Silver too retreated 5.38 per cent to $17.78 an ounce. In the national capital, gold of 99.9 per cent and 99.5 per cent purity tumbled by Rs 730 each to Rs 3

Telangana Chief Minister K Chandrasekhar Rao on Tuesday constituted a high-power committee to consider the demand for creating four new districts. The Panel on new districts is expected to submit its report on October 7.

International Energy Agency (IEA) has warned that a global supply glut would last six months longer than thought.

The move comes as part of the preparations being made by e-commerce companies as they launch offers to boost sales during the upcoming festive period.

YSRCP MLA Kotamreddy Sridhar Reddy thanked people of AP for making the bandh a grand success. Bhumana Karunakar Reddy criticized Chandrababu Naidu for using Police force for protecting personal interests.

YSRCP MLA Srikanth Reddy and MLC Pilli Subhashchandra Bose spoke to the media here on Tuesday.

Senior superintendent of police SHM Rizvi said their demands were referred to the state government and a decision was likely soon.

Festive season, new product launches and anticipated commercial launch of Reliance Jio’s 4G service,are boosting the demand for smart phones, according to research firm CMR.

Gold and silver prices on Saturday slumped by Rs 170 to Rs 30,930 per ten grams and by Rs 900 to Rs 46,300 per kg respectively in the bullion market. 

Real estate experts foresee growing deamand for commercial space across Telangana as the burgeoning Hyderabad and proposed industrial corridors are expected to generate more deamand in the State in the days to come.  

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