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Latest News on Business
U.S. to unveil 'greatest financial ...

U.S. to unveil 'greatest financial offensive' against Iran as Teh...

U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures **US Prepares Significant Economic Sanctions Against Iran Amidst Escalating Regional Tensions** Washington is reportedly poised to implement a substantial new wave of financial sanctions against... read more »

Alibaba plunges after announcing $10.2 b...

Alibaba plunges after announcing $10.2 billion share placement to fund AI p...

Alibaba plunges after announcing $10.2 billion share placement to fund AI push ## Alibaba Secures Significant Capital for AI Expansion, Market Reacts Sharply **Hong Kong –** Alibaba Group Holding Limited, the e-commerce and technology behemoth, has announced a substantial capital raise of... read more »

Nvidia customers reportedly warned about...

Nvidia customers reportedly warned about AI-related price hikes

Nvidia customers reportedly warned about AI-related price hikes ## Anticipated Price Adjustments Loom for AI Server Market **Industry observers are closely monitoring reports suggesting that leading artificial intelligence chip manufacturer, Nvidia, has communicated potential price increases to its... read more »

Paramount, California AG office reported...

Paramount, California AG office reportedly plan to meet Monday to discuss s...

Paramount, California AG office reportedly plan to meet Monday to discuss settling WBD lawsuit **Mediation on Horizon: Paramount and California AG Explore Resolution in Warner Bros. Discovery Antitrust Case** Los Angeles, CA – Paramount Global and the California Attorney General’s office... 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

U.S. bond intervention is like 'paying your mortgage with your credit card,' JPM...

U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says ## Treasury Market Interventions: A Short-Term Fix or Long-Term... read more »

How Teen After-Prom Kings in LA Monetized the High School Rager

How Teen After-Prom Kings in LA Monetized the High School Rager **From Dorm Room Dreams to Digital Dominance: West Coast Teens Forge a New Path in Event Promotion** The vibrant and often... read more »

Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement r...

Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources ## Resurgence of Somali Piracy Threatens Red Sea Shipping Amidst Escalating Regional... read more »

Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder s...

Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says **Humanoid Robotics Poised for Transformative Leap, Industry Leader Predicts Decade-Long Path... read more »

Japan exports beat estimates in July as robust chip shipments pow...

Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains **Japanese Exports Surge on Semiconductor Strength, Exceeding Expectations** **Tokyo, Japan** –... read more »