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Business

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Pentagon says enemy fire not to blame af...

Pentagon says enemy fire not to blame after U.S. refueling plane crashes in...

Pentagon says enemy fire not to blame after U.S. refueling plane crashes in Iraq ### U.S. Military Aircraft Crash in Iraq: Initial Investigations Rule Out Hostile Action **CENTCOM Statement Indicates Mechanical or Environmental Factors as Probable Cause** A United States military refueling aircraft... read more »

Palantir is still using Anthropic's...

Palantir is still using Anthropic's Claude as Pentagon blacklist plays...

Palantir is still using Anthropic's Claude as Pentagon blacklist plays out, CEO Karp says **Pentagon Continues Reliance on Anthropic’s Claude Amid Supply Chain Scrutiny** **Washington D.C.** – Despite recent official designations by the Pentagon labeling Anthropic as a supply chain... read more »

Hasina's party fears Zia will change Bangladesh's name
Fears of 1970s-style stagflation arise w...

Fears of 1970s-style stagflation arise with oil spike to $100. How big a th...

Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it? ## Economic Crossroads: Navigating the Specter of Stagflation **Global markets are increasingly scrutinizing the confluence of persistent inflation and decelerating economic growth, sparking concerns of a return... read more »

Strait of Hormuz must remain closed as &...

Strait of Hormuz must remain closed as 'tool to pressure enemy,' ...

Strait of Hormuz must remain closed as 'tool to pressure enemy,' Iran's new supreme leader says ## Iran’s New Supreme Leader Demands U.S. Military Withdrawal from Middle East, Cites Hormuz Strait as Strategic Leverage **Tehran, Iran** – Iran’s newly appointed Supreme... read more »

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Economy

India’s Avenue Supermarts IPO oversubscribed 106 times

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

India’s industrial output up 2.7 percent in ...

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

Volkswagen, Tata Motors plan to cooperate in India

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NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata... read more »

Doha Bank looking at setting up subsidiary in India

Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary in India, an top official of the bank today... read more »

BRICS bank to start lending in local currency by April

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will... read more »

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Investing

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 »

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Gold & Metals

Gold tumbles, dips to over 3-month low on global cues

Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global trend. Besides,... read more »

Gold inches up for third day; Fed eyed for rate ou...

SINGAPORE: Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest... read more »

Gold, silver up on increased buying, firm global cues

Gold prices rose further by Rs. 10 to Rs 27,460 per 10 grams in the national capital on Tuesday, on increased buying by jewellers and retailers for the... read more »

Gold price ends at fresh 3-month low of Rs 27,415 per t...

New Delhi: Gold prices fell further by Rs 195 to close at fresh three-month low of Rs 27,415 per ten gram in the national capital Friday on continued selling... read more »

Gold at three-month low on global cues

Extending losses for the eighth straight day, gold prices tumbled to trade at a three-month low of Rs. 27,600 per ten gram by falling Rs. 150 in the national... read more »

More from Business

Trump Administration Wont Rule Out Further Action Against Anthropic

Trump Administration Wont Rule Out Further Action Against Anthropic ### White House Signals Continued Scrutiny of AI Firm Amid Legal Challenges **Washington D.C.** – The Biden... read more »

Inside OpenAIs Race to Catch Up to Claude Code

Inside OpenAIs Race to Catch Up to Claude Code ### The Coding Conundrum: OpenAI Grapples with Advanced AI Development The artificial intelligence landscape is rapidly evolving, with... read more »

Nick Clegg Doesnt Want to Talk About Superintelligence

Nick Clegg Doesnt Want to Talk About Superintelligence **Clegg Navigates AI Landscape Beyond Artificial General Intelligence** **London, UK** – Following his departure from Meta Platforms... read more »

Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44%

Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44% **Oracle Surges on Robust Earnings and Upbeat Cloud Outlook** **Redwood City, CA – [Date]** –... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and...

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD ## Cerebras Systems Gains Prominence with Oracle Cloud Integration **Emerging semiconductor firm Cerebras Systems is reportedly... read more »

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