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Business

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Donald Trump
Trump tells world leaders: Europe is not...

Trump tells world leaders: Europe is not heading in the right direction

Trump tells world leaders: Europe is not heading in the right direction **Trump Expresses Concerns Over Shifting Landscape in Europe** Washington D.C. – United States President Donald Trump voiced reservations Wednesday regarding the current trajectory of certain regions within Europe, suggesting... read more »

Another alliance of health care and AI s...

Another alliance of health care and AI signals why pharma stocks should be ...

Another alliance of health care and AI signals why pharma stocks should be back in favor **Title: Bristol Myers Squibb and Microsoft Unite to Combat Lung Cancer Through AI-Powered Early Detection** The pharmaceutical landscape is witnessing a significant shift as artificial intelligence (AI)... read more »

Donald Trump
Trump speaks at White House press briefi...

Trump speaks at White House press briefing

Trump speaks at White House press briefing **President Trump Reflects on Second Term Milestones in White House Address** Washington D.C. – President Donald Trump addressed the nation from the White House briefing room today, marking the one-year milestone of his second term in office. In a... read more »

Natural gas prices soar as cold snap bla...

Natural gas prices soar as cold snap blasts across the U.S.

Natural gas prices soar as cold snap blasts across the U.S. **Title: Frigid Temperatures Fuel Natural Gas Price Surge Amidst Widespread Winter Storm** A confluence of factors, primarily driven by an impending severe winter storm poised to blanket a significant portion of the United States, has... 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 ...

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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 ...

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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...

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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

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(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 –...

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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 ...

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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 »

More from Business

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 because she ignored this piece ...

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 »

Donald Trump

Trump threatens to sue JPMorgan Chase for 'debanking' h...

Trump threatens to sue JPMorgan Chase for 'debanking' him **Former President Trump Considers Legal Action Against JPMorgan Chase Over Account Closures** New York, NY – Former President... read more »

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