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Palantir's Karp says businesses are...

Palantir's Karp says businesses are 'unhappy' with the front...

Palantir's Karp says businesses are 'unhappy' with the frontier AI labs Palantir CEO Alex Karp says AI will drive the most important political decisions in the U.S. and shouldn’t be decided by party lines. This article was created based on information from various sources and... read more »

Anthropic Offers Mythos Upgrade for Cybe...

Anthropic Offers Mythos Upgrade for Cyber Partners and a Safe Version for t...

Anthropic Offers Mythos Upgrade for Cyber Partners and a Safe Version for the Rest of You Anthropic is releasing Claude Mythos 5 to trusted organizations and Claude Fable 5 to the public, a version it says cant be used for cyberattacks. This article was created based on information from various... read more »

White House border czar Tom Homan blames...

White House border czar Tom Homan blames New York Gov. Hochul for promised ...

White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge Gov. Kathy Hochul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed. This article was created based on information from... read more »

Apple shares slide after big Siri AI rev...

Apple shares slide after big Siri AI reveal

Apple shares slide after big Siri AI reveal Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri. This article was created based on information from various sources and rewritten for clarity and... read more »

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Economy

Telecom department defers spectrum auction to Feb 3

Telecom department defers spectrum auction to Feb 3

New Delhi – The Department of Telecommunications (DoT) has extended the dates of auction of spectrum in 1,800 megahertz (MHz) and 900 MHz bands. The auction will now start on Feb 3, next year,... read more »

China to be world largest economy in 2028

China to be world largest economy in 2028

Beijing – China is expected to overtake the US in 2028 to become the world’s largest economy while India is predicted to overtake Japan... read more »

Sensex gains 136 points during pre-noon session

Sensex, Nifty surge most in 7 weeks on RBI hopes; rupee gains 0.6%

Mumbai – A benchmark index of Indian equities markets gained 136.33 points or 0.65 percent during the pre-noon trade Friday. Good buying was seen in IT,... read more »

Sensex closes flat, bank stocks gain

Asia shares lurch lower, China data darkens mood

Mumbai – A benchmark index of Indian equities markets closed Thursday’s trade 42 points or 0.20 percent up amidst derivatives expiry and buying... read more »

Sensex trades flat during pre-noon trade

Sensex trades flat during pre-noon trade

Mumbai – A benchmark index of Indian equities markets was trading flat at 47.43 points or 0.23 percent up during the pre-noon trade Thursday. All the... read more »

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Investing

Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali E...

After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold deposits, says... read more »

Gold, silver rebound on marriage season demand, gl...

  Gold prices recovered by Rs 95 to Rs 27,285 per 10 grams at the bullion market on Thursday on emergence of buying by jewellers to meet wedding... read more »

Titan Company intimates on availability of credit for g...

Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also... read more »

Gold recovers on wedding season demand

Gold, silver prices rise on brisk buying, global cues

Gold prices on Monday recovered by Rs 70 to trade at Rs 27,700 per ten gram at the bullion market, largely supported by wedding season demand from jewellers... read more »

Gold demand up 2% in Dec quarter, down 15% in 2014

MUMBAI, FEB 12: Gold demand in the December quarter was up two per cent at 223 tonnes, largely due to pent up demand from jewellers during the festival season... read more »

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Gold & Metals

Gold demand drops 16% led by declines in India to China

London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes from 1,148.3 tonnes a year earlier as... read more »

Gold price to remain range-bound

Gold price retreated on Saturday after scaling a monthly high of Rs.28,585 per 10 gram in Mumbai on Friday. The yellow metal reacted on unwinding by... read more »

Gold climbs Rs. 300 on seasonal buying, firming global ...

Gold, silver prices rise on brisk buying, global cues

Continuing its rising streak, gold prices flared up by Rs. 300 to Rs. 28,800 per ten gram in the national capital on Thursday on sustained buying by jewellers... read more »

Gold gains Rs. 110 on festive season demand, global cue...

Gold prices jumped by Rs. 110 to Rs. 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides,... read more »

Gold prices recover marginally; silver remains higher

NEW DELHI: Gold prices witnessed a modest rebound of Rs 45 to Rs 28,245 after declining for two days at the bullion market here on Thursday following renewed... read more »

More from Business

The UK Is Betting on a Billion-Dollar AI Supercomputer to Kick Its Addiction to US Tech

The UK Is Betting on a Billion-Dollar AI Supercomputer to Kick Its Addiction to US Tech ## Britain Invests Heavily in National AI Computing Power to Foster Domestic Semiconductor... read more »

United CEO brushes off airline mergers after American rejection: 'There's nothin...

United CEO brushes off airline mergers after American rejection: 'There's nothing' ## United Airlines CEO Signals End to Major Consolidation Era **Chicago, IL** – United... read more »

Weight loss drug maker sinks 23% after new safety data spooks investors

Weight loss drug maker sinks 23% after new safety data spooks investors ## Pharmaceutical Firm Faces Investor Scrutiny as Experimental Weight-Loss Drug Shows Mixed Signals **[City, State]... read more »

In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.

Household worries over finances hit highest level since July 2022, New York Fed survey sho...

Household worries over finances hit highest level since July 2022, New York Fed survey shows **Consumer Financial Sentiment Dips to 19-Month Low Amid Persistent Economic Concerns** New... read more »

Delta and JetBlue become first US airlines to allow gadget-use in-flight

'Bring 'em on': Delta wants United's crown ov...

'Bring 'em on': Delta wants United's crown over the Pacific, too ## Delta Air Lines Sets Sights on Pacific Dominance, Challenging United’s Long-Standing Reign **Atlanta,... read more »

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