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Russian nuclear torpedo
Russia and Ukraine trade barbs over alle...

Russia and Ukraine trade barbs over alleged drone attack on Putin residence

Russia and Ukraine trade barbs over alleged drone attack on Putin residence **Kremlin Accusation of Ukrainian Drone Strike Sparks International Tensions** Moscow has accused Kyiv of orchestrating a drone attack targeting one of President Vladimir Putin’s official residences, an allegation... read more »

Meta acquires intelligent agent firm Man...

Meta acquires intelligent agent firm Manus, capping year of aggressive AI m...

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves ## Meta Bolsters AI Portfolio with Acquisition of Singaporean Agent Developer, Manus Meta Platforms, Inc. has further solidified its commitment to artificial intelligence with the acquisition of Manus, a Singapore-based... read more »

Copper on pace for best year since 2009 ...

Copper on pace for best year since 2009 as AI demand, supply fears fuel rec...

Copper on pace for best year since 2009 as AI demand, supply fears fuel record price rally **Copper Ascends to Historic Highs Amidst AI Boom and Supply Concerns** The price of copper has surged to unprecedented levels, positioning the metal for its most robust performance in over a decade. Market... read more »

Softbank to buy data center firm Digital...

Softbank to buy data center firm DigitalBridge for $4 billion in AI push

Softbank to buy data center firm DigitalBridge for $4 billion in AI push **SoftBank Group Invests $4 Billion in Data Infrastructure Acquisition, Bolstering AI Capabilities** Tokyo, Japan – SoftBank Group Corp. has announced a definitive agreement to acquire DigitalBridge Group’s data center... read more »

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Economy

U.S. extends leniency programme for companies that disclose bribe...

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when employees may have paid bribes, a senior official... read more »

Lloyds, two others dismissed from yen Libor litiga...

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

Crunch week as Fed meets on rates, Trump team joins G20

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

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Investing

Gold hovers near three-week high as equities slip

Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US interest rates unchanged weighed on... read more »

Gold tops Rs 27,000-mark on global cues, seasonal ...

Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend... read more »

Gold surges by Rs.480 to reclaim Rs.27,000 mark

New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to... read more »

Gold Tumbles to More Than Five-Year Low, China Shares E...

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... 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 in IT,... read more »

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Gold & Metals

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 Dow Jones gained by around two per... read more »

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

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

Gold moves up by 0.55 pct on global cues

Tracking a firming global trend, gold prices rose 0.55 per cent to Rs 27,119 per ten gram in futures trade today as speculators enlarged positions. At the... read more »

Gold falls 0.23% on weak global cuesGold falls 0.23% on...

NEW DELHI: Gold futures fell 0.23 per cent to Rs 26,897 per 10 grams on Friday as speculators locked in gains amid a weak global trend. At the Multi Commodity... read more »

Gold rises in futures trade on global cues

NEW DELHI, OCT 8:   Gold prices rose 0.27 per cent to Rs 27,020 per 10 grams in futures trade today as speculators created fresh positions after the precious... read more »

More from Business

Can't forget this day: B'town on Dec 16 gang rape

Forget Gen Z and Millennials the over-50s Silver Spenders are powering investment opportun...

Forget Gen Z and Millennials the over-50s Silver Spenders are powering investment opportunities, including these stocks ## The Untapped Powerhouse: How Silver Spenders are Reshaping... 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.

Nearly 71% of women would help pay for their engagement ring: They may see a ring as '...

Nearly 71% of women would help pay for their engagement ring: They may see a ring as 'proof of worthiness and desirability,' says expert ## The Shifting Landscape of Engagement:... read more »

Psychology expert: The most emotionally intelligent couples do 3 things differently from e...

Psychology expert: The most emotionally intelligent couples do 3 things differently from everyone else ## Navigating Conflict: Emotionally Intelligent Couples Employ Distinct Strategies,... read more »

Airlines cancel more than 1,500 flights ahead of winter storm. Here's what to know

Airlines cancel more than 1,500 flights ahead of winter storm. Here's what to know ## Winter Storm Disrupts Post-Holiday Air Travel, Forcing Mass Cancellations The anticipated arrival... read more »

New NASA boss Isaacman says U.S. will return to the moon within T...

New NASA boss Isaacman says U.S. will return to the moon within Trump's term ## Lunar Ambitions: New NASA Leadership Prioritizes Moon Return to Ignite “Orbital Economy” Washington... read more »

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