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Intel stock drops 17%, its worst day sin...

Intel stock drops 17%, its worst day since 2024, as manufacturing troubles ...

Intel stock drops 17%, its worst day since 2024, as manufacturing troubles overshadow earnings beat **Intel Faces Significant Stock Decline Amidst Manufacturing Setbacks** **SANTA CLARA, CA** – Intel Corporation experienced a substantial downturn in its stock value on Tuesday, marking its most... read more »

TikTok forms U.S. joint venture, names A...

TikTok forms U.S. joint venture, names Adam Presser CEO

TikTok forms U.S. joint venture, names Adam Presser CEO **TikTok Establishes U.S. Entity, Appoints Adam Presser as Chief Executive** TikTok, the globally recognized short-form video platform, announced the formation of a new U.S.-based entity designed to ensure the continued operation and growth of... read more »

Japan inflation cools to 2.1%, lowest si...

Japan inflation cools to 2.1%, lowest since March 2022, but rice prices loo...

Japan inflation cools to 2.1%, lowest since March 2022, but rice prices loom large ahead of election **Japan’s Inflation Rate Eases, Rice Prices Present a Potential Economic Challenge** Tokyo – Japan’s core inflation rate has decelerated to its lowest level since October 2024,... read more »

Microsoft working to fix Outlook email i...

Microsoft working to fix Outlook email issues

Microsoft working to fix Outlook email issues **Outlook Users Report Intermittent Service Disruptions, Prompting Microsoft Investigation** Microsoft is currently addressing reports of intermittent service disruptions affecting its Outlook email platform. Users have taken to social media to voice... read more »

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Economy

Chidambaram calls for high level of probity in capital market

Chidambaram calls for high level of probity in capital market

Mumbai – Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participations, which needed... read more »

Wal-Mart names Krish Iyer as India unit head

Wal-Mart names Krish Iyer as India unit head

New Delhi – US retail major Wal-Mart Stores Friday named Krish Iyer as the president and chief executive officer (CEO) of its India unit,... read more »

Sensex closes 245 points down; automobile stocks plunge

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A key index of the Indian equities markets Thursday closed 245.80 points or 1.16 percent down, its third consecutive fall this week, as bearish... read more »

Govt of the day pays the price for high inflation: Chid...

Govt of the day pays the price for high inflation: Chidambaram

New Delhi – Apparently admitting that price rise was one of the reasons for Congress defeat in recent elections, Finance Minister P Chidambaram Wednesday... read more »

Bharti Airtel, Reliance Jio to share infrastructure

Bharti Airtel, Reliance Jio to share infrastructure

New Delhi – Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement... read more »

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Investing

With gold prices falling, jewellers increase inventory levels

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the... read more »

Appetite for jewellery boosts India gold demand: W...

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for... read more »

Gold, silver at multi-year lows on overseas cues

NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national... read more »

Gold, silver likely to trade lower; copper may rise

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities wherein the... read more »

Gold struggles on stronger economic data, higher equiti...

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the... read more »

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Gold & Metals

Five reasons why gold may plunge to below Rs 24,000 per 10 grams

MUMBAI: ‘Invest in gold’ is not a buzz-word anymore as the yellow metal has corrected in the international market after a 12-year bull-run. Once considered to be a safe haven, it has... read more »

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S.... read more »

Gold demand in India to rise in H2 as import curbs like...

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country’s new... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and retailers... read more »

More from Business

Auto giant shares tumble on Trumps tariff threat over Greenland

Auto giant shares tumble on Trumps tariff threat over Greenland **European Automakers Face Market Headwinds Amid Trade Uncertainty** European automotive stocks experienced a downturn Monday... read more »

Europe weighs using trade 'bazooka' against the U.S. as Greenland crisis deepens

Europe weighs using trade 'bazooka' against the U.S. as Greenland crisis deepens **EU Considers Economic Response Amidst Transatlantic Tensions** Brussels – The European Union... 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.

The minimum savings needed to retire at 65 in every U.S. stateit's over $2 million in...

The minimum savings needed to retire at 65 in every U.S. stateit's over $2 million in Hawaii **Retirement Savings Target Varies Widely Across U.S., Driven by Housing Costs** The... read more »

Mark Cuban's money helped build Indiana University's football teamhe shares ...

Mark Cuban's money helped build Indiana University's football teamhe shares 'how championship teams and organizations are built' **Cuban’s Philanthropy Fuels... read more »

Bozoma Saint John says she's successful in her career becaus...

Bozoma Saint John says she's successful in her career because she ignored this piece of advice: 'It really shrank me' **Bozoma Saint John Credits Career Ascent to Rejecting... read more »

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