Gold price prediction today: Gold prices continue to be under pressure and downside risks remain, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
NEW DELHI: India’s expanded core sector grew at the fastest pace in five months to touch 5% in June, compared with 1.1% a year ago, official data with a revised base year 2022-23, released on Monday, showed. The new series expands the core sector basket to nine industries by adding iron ore.The infrastructure industries showed…
MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed…
CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company…
MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of…
MUMBAI: An arm of NSE, the largest stock exchange in India by turnover, has launched an index constituting stocks of companies from among Nifty 500 companies that do not intentionally harm animals while carrying out their regular business. Named Nifty 500 Ahimsa Index, the gauge is aligned with principles of non-violence, the exchange said through…
The minister also told the Rajya Sabha that there is currently “no decision” to raise ethanol blending beyond 20 per cent. (ANI photo) Amid ongoing debate on E20 petrol, the government on Monday said there is no confirmed evidence linking ethanol-blended petrol (E20) to widespread engine failures or vehicle breakdowns, pointing to both scientific studies…
Coca-Cola’s plans to take its bottling business to Dalal Street have moved a step closer. Hindustan Coca-Cola Holdings has appointed JPMorgan and Citi to steer the proposed 2027 IPO, Reuters reported, citing two sources familiar with the development. The company is also exploring the sale of part of its stake.The appointments were finalised after investment…
Russia has strengthened its position as India’s largest crude oil supplier. (File PTI photo of Russian oil tanker) India’s crude oil imports from Russia continue to be near record highs in July, despite the Donald Trump administration not extending a sanctions waiver. Amid the ongoing US-Iran conflict, Russia has emerged as the key crude oil…
Shipments of these key industrial components to the US during the first six months of the year were roughly 20% lower than the average recorded between 2022 and 2024. (Reuters photo) China’s exports of rare-earth magnets to the United States continue to remain significantly below levels recorded before the trade conflict, despite the truce reached…
