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Business

Latest News on Business
Timeline of Aarushi-Hemraj murder case
A timeline of how the Iran war shook oil...

A timeline of how the Iran war shook oil prices and what comes next

A timeline of how the Iran war shook oil prices and what comes next ## Geopolitical Tensions Ignite Oil Market Volatility: A Deep Dive into Supply Chain Fragility The global oil market has experienced unprecedented turbulence in recent months, a direct consequence of escalating geopolitical... read more »

Donald Trump
Trump says 'maybe' government ...

Trump says 'maybe' government should help struggling Spirit Airli...

Trump says 'maybe' government should help struggling Spirit Airlines ## Former President Suggests Potential Government Role in Aiding Spirit Airlines Amidst Industry Turbulence **Washington D.C.** – Former President Donald Trump has indicated a potential openness to government... read more »

Labor Secretary Lori Chavez-DeRemer leav...

Labor Secretary Lori Chavez-DeRemer leaves Trump cabinet, Keith Sonderling ...

Labor Secretary Lori Chavez-DeRemer leaves Trump cabinet, Keith Sonderling takes over **Leadership Transition Announced at the Department of Labor** **Washington D.C.** – The Department of Labor is set to undergo a significant leadership change as Secretary Lori Chavez-DeRemer has announced her... read more »

Oil falls as investors assess mixed mess...

Oil falls as investors assess mixed messaging on Iran peace talks ahead of ...

Oil falls as investors assess mixed messaging on Iran peace talks ahead of ceasefire deadline ## Crude Oil Prices Navigate Geopolitical Uncertainty Amidst Shifting Sentiment **New York, NY – [Insert Date]** – Global crude oil benchmarks experienced a notable downturn today, as market... read more »

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Economy

Rupee down 12 paise on dollar demand

Rupee down 12 paise on dollar demand

The rupee on Thursday weakened by 12 paise to 61.91 against the dollar in early trade at the Interbank Foreign Exchange market due to demand for the U.S. currency from importers. Forex dealers said... read more »

Bharatiya Mahila Bank to open four branches in northeast

Bharatiya Mahila Bank to open four branches in nor...

Agartala – The Bharatiya Mahila Bank (BMB) will open four more branches in four capital cities of the northeastern states, officials said here... read more »

Sensex closes flat; IT stocks down

Sensex trades flat in pre-noon session

Mumbai – A benchmark index of Indian equities markets ended! Monday’s trade flat, as foreign institutional investors (FIIs) continued to be net... read more »

Sensex trades flat during pre-noon session

Sensex trades flat in pre-noon session

Mumbai – A benchmark index of Indian equities markets was trading flat at 68.42 points or 0.32 percent up during the pre-noon trade Monday. Good buying... read more »

Government failed to defend policies: Praful Patel

Government failed to defend policies: Praful Patel

New Delhi – Minister of Heavy Industries & Public Enterprises PrafulPatel Saturday said the government has failed to defend its own policies, which... read more »

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Investing

Swiss gold exports to India cross Rs 1.2 lakh crore

Switzerland’s gold exports to India crossed Rs 1.2 lakh crore in 2014 even as concerns persist over bullion being used to channel illicit funds into the Indian shores. The value of precious metal... read more »

Gold And Silver : 2014

Gold Prices Fall as Traders Lock In Gains

Gold prices retreated from five-month highs as some investors locked in profits ahead of the weekend. The most actively traded gold contract, for... read more »

PRECIOUS-Gold rebounds to 5-month high after ECB launch...

Gold turned higher and touched a five-month high above $1,300 per ounce on Thursday, after the European Central Bank (ECB) launched a multi-billion euro... read more »

Gold regains Rs 28,000 mark on seasonal demand, global ...

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Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in... read more »

Government hikes import tariff value on gold, silver

NEW DELHI: The government today hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends. The... read more »

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Gold & Metals

Gold, silver extend losses on global cues, sluggish demand

Gold remained under pressure for the second straight day and declined by Rs 100 to Rs 28,100 per 10 grams in the national capital on Friday on weak cues from global markets and subdued demand from... read more »

Gold, silver prices rise on brisk buying, global cues

Gold, silver recover on fresh demand

Gold prices recovered by Rs 25 to Rs 28,475 per 10 grams in the national capital on Monday on fresh buying by jewellers and retailers amid a firm... read more »

Gold extends gains on safe-haven bids

Gold prices on Friday rose further by Rs. 150 to Rs. 28,500 per ten gram in the national capital, tracking robust international markets as investors took... read more »

High gold imports poop exports party biz

The yellow metal is back to haunt the economy with gold imports in June jumping 65.13 per cent to $ 3.12 billion from $1.88 billion in the same month last... read more »

Gold falls 0.3% on weak global cues

Gold futures fell 0.35% to Rs 28,269 per 10 grams today as speculators locked-in gains amid a weak global trend. At the Multi Commodity Exchange, gold for... read more »

More from Business

Three things to know about FISA Section 702: Congress passes short-term extension of contr...

Three things to know about FISA Section 702: Congress passes short-term extension of controversial surveillance program ### Congressional Stalemate Leads to Temporary Extension of Key... read more »

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire **Strait of Hormuz Closure Escalates Tensions Amidst Port Blockade Allegations** **Tehran, Iran... read more »

Andhra escapes devastation as cyclone weakens

No escape: U.S.-Iran war, $4 gas, has taken all the fun out of consumer spending

No escape: U.S.-Iran war, $4 gas, has taken all the fun out of consumer spending **Economic Landscape Shifts as Geopolitical Tensions and Rising Fuel Costs Impact Consumer Behavior** The... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

AI chipmaker Cerebras files to go public after scrapping IPO plans last year

AI chipmaker Cerebras files to go public after scrapping IPO plans last year **Cerebras Systems Pursues Public Offering Amid Strategic Partnership with OpenAI** **[City, State] – [Date]**... read more »

Video shows ships turning away from the Strait of Hormuz as confu...

Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open **Strait of Hormuz Navigational Uncertainty Persists Amid Conflicting... read more »

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