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Business

SpaceX dives 10% after AI spending surge rattles investors

SpaceX dives 10% after AI spending surge rattles investors **SpaceX Adjusts Revenue Projections Amidst Strategic Investment in Artificial Intelligence** **Hawthorne, CA – [Date]** – SpaceX, the aerospace juggernaut helmed by Elon Musk, has recently seen its valuation experience a notable... read more »

Novo Nordisk CEO defends economics of We...

Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on ...

Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall **Novo Nordisk Navigates Pricing Pressures and Competitive Landscape for Weight-Loss Blockbusters** Copenhagen, Denmark – Novo Nordisk, the pharmaceutical giant behind the highly successful GLP-1... read more »

Hormuz deal could be agreed today as Tru...

Hormuz deal could be agreed today as Trump hails very good Iran talks

Hormuz deal could be agreed today as Trump hails very good Iran talks ## Strait of Hormuz Navigation Secured Amidst Diplomatic Progress **Washington D.C.** – The vital maritime artery of the Strait of Hormuz is currently experiencing unimpeded passage, according to official statements from the... read more »

The White House Is Keeping Its AI Cybers...

The White House Is Keeping Its AI Cybersecurity Framework Secret

The White House Is Keeping Its AI Cybersecurity Framework Secret **White House Engages AI Industry on Cybersecurity Framework Amidst Public Secrecy** **Washington D.C.** – The White House has initiated discussions with leading artificial intelligence laboratories regarding a new cybersecurity... read more »

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Economy

RBI outlines broad plans on $150 billion bank bad loan resolution

The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI) outlined on... read more »

GST: Govt dictating prices goes against free-marke...

In an interview on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products... read more »

Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 ...

Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private... read more »

Strong U.S. job growth, rising wages set stage for Fed ...

WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the... read more »

Volkswagen pleads guilty in U.S. court in diesel emissi...

DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3... read more »

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Investing

Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many financial... read more »

Crunch week as Fed meets on rates, Trump team join...

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality... read more »

Some bank bulls grow wary on policy uncertainty

(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates,... read more »

State-owned carrier Air India understated losses –...

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March... read more »

India’s Avenue Supermarts IPO oversubscribed 106 ...

MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the... read more »

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Gold & Metals

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas. Silver, however, found fresh buying... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knoc...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension... read more »

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the... read more »

Gold steady at Rs 27,000 on scattered buying; silver re...

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However, silver... read more »

Gold prices fall by 0.21 per cent in futures trade on g...

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their... read more »

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