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Latest News on Business
Australia's Qantas to shut down Avalon maintenance facility
Qantas releases first images of Airbus a...

Qantas releases first images of Airbus aircraft set to fly non-stop from Sy...

Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London **Qantas Unveils Progress on Ultra-Long-Haul Aircraft, Paving the Way for Direct Sydney-London and New York Flights** Toulouse, France – Qantas Airways has offered the first glimpse of its... read more »

SoftBank stares at over $50 billion in w...

SoftBank stares at over $50 billion in weekly losses after stock drops 8% a...

SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays **SoftBank Group Faces Mounting Losses Amidst Renewed AI Valuation Concerns** Tokyo – SoftBank Group Corp. is facing a potential loss exceeding $50 billion this week as its stock price... read more »

CNBC's Inside India newsletter: Ind...

CNBC's Inside India newsletter: Indias back offices are evolving into ...

CNBC's Inside India newsletter: Indias back offices are evolving into leadership hubs for global companies ## India’s Global Capability Centers Ascend: From Back Office to Leadership Nexus For years, India has been a cornerstone of global business operations, primarily serving as a... read more »

China’s Third Plenum promises `decisive role` for markets in economy
Asia-Pacific markets rise, tracking Wall...

Asia-Pacific markets rise, tracking Wall Street gains, as AI-linked stocks ...

Asia-Pacific markets rise, tracking Wall Street gains, as AI-linked stocks rebound ## Asia-Pacific Markets Exhibit Cautious Optimism, Driven by Tech Rebound and Anticipation of Autonomous Vehicle IPOs **Hong Kong, SAR** – Markets across the Asia-Pacific region demonstrated a generally positive... read more »

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Economy

Sensex Surges Nearly 700 Points as RBI Holds Rates Steady: What’s...

The Indian stock market roared to life today, with the BSE Sensex jumping nearly 700 points and the Nifty 50 climbing close to 1%, following the Reserve Bank of India’s (RBI) decision to keep the... read more »

U.S. Indictments Against Gautam Adani: Bribery All...

The U.S. Justice Department has initiated an investigation into potential bribery and corruption involving the Adani Group and its founder, Gautam... read more »

Rupee Breaches 84 Against US Dollar Amid High Oil Price...

India’s financial markets are facing a turbulent period as the rupee plunged past the 84 mark against the US dollar for the first time on October 11, 2024.... read more »

India’s 2024 Global Hunger Index Ranking: A Wake-...

India has once again faced a grim reality in the 2024 Global Hunger Index (GHI), ranking 105th out of 127 countries. Despite being one of the fastest-growing... read more »

₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Mar...

Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by... read more »

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Investing

BJP Criticizes Congress for Backing Hindenburg; Questions Support...

In a fierce political exchange, the Bharatiya Janata Party (BJP) has sharply criticized the Congress party for what it perceives as unwavering support for foreign entities, particularly in the wake... read more »

Mysterious Warning from Hindenburg Research Sparks...

In a cryptic message posted on X (formerly Twitter) on August 10, Hindenburg Research, a renowned short-selling firm, hinted at an impending... read more »

USA Stock Market Plummets: A Sign of Great Recession?

The US stock market has experienced a significant downturn in recent weeks, sparking concerns among investors and economists about the possibility of a great... read more »

Sensex score above 1300 and below 16600 for fear of Omi...

Indian stocks fell as the spread of the Omicron coronavirus ruined investor sentiment. The BSE Sensex benchmark dropped to 1,330 points and the Nifty 50 fell... read more »

Center Moves To Ban Cryptocurrency, Price Drop: 10 Poin...

The center is likely to introduce a bill banning all cryptocurrencies in India with a few exceptions in the Winter Parliament and will pave the way for digital... read more »

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Gold & Metals

Gold Tumbles to More Than Five-Year Low, China Shares Eke Out Gai...

Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold... read more »

Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen... read more »

Gold drops Rs 400, silver plunges by Rs 1,350

Gold, silver prices rise on brisk buying, global cues

Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers... read more »

Gold futures gain 0.15% on firm global cues

NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend... read more »

Government cuts import tariff on gold and silver

NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the... read more »

More from Business

Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut

Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut **Autonomous Driving Firms Experience Mixed Fortunes in Hong Kong Market Debut** Hong Kong – The burgeoning... read more »

Bitcoin Dives Under $100,000 as Crypto Traders Shed Risk

Bitcoin Dives Under $100,000 as Crypto Traders Shed Risk October 26, 2023 By Senior Financial Correspondent Bitcoin, the world’s leading cryptocurrency, experienced a significant... read more »

Japan's Nikkei 225 tanks over 2% as Asia markets drop amid AI valuation concerns

Japan's Nikkei 225 tanks over 2% as Asia markets drop amid AI valuation concerns ## Asian Markets Experience Broad Downturn Amidst AI Sector Valuation Concerns **Tokyo, Japan** –... read more »

Zohran Mamdani wins New York City mayors race, NBC News projects

Zohran Mamdani wins New York City mayors race, NBC News projects ## Upset in New York City Mayoral Race: Mamdani Defeats Cuomo Amidst Spending Surge New York City has witnessed a political... read more »

SoftBank wipes out about $32 billion in market cap as Asian AI st...

SoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters ## Market Correction Triggers Sell-Off in Asian AI Stocks, SoftBank Hit Hard **Tokyo, Japan** – A... read more »