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The GCC unified tourist visa will allow seamless travel across all six Gulf Cooperation Council countries/ Representative Image After months of anticipation and shifting timelines, Gulf officials have confirmed that the long-awaited unified GCC tourist visa will not launch in 2025 as earlier indicated, but will instead roll out in 2026. The clarification came in…
Silver continued its glittering rally on Monday, surging past the $80-an-ounce mark. The white metal’s momentum was lifted by tight supplies, rising industrial demand and expectations of further US interest rate cuts. Besides silver, platinum also touched a record high, briefly.Spot silver jumped 3.8% to $82.15 an ounce, after earlier hitting an all-time high of…
Asian markets mostly traded in green on Monday, beginning the week on a positive note as investors remained cautious but optimistic, awaiting fresh signals from the US Federal Reserve. Attention is pinned on the minutes of the Fed’s December policy meeting, which is due for release on Tuesday. Meanwhile, recent strength in precious metals also…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 26,050, BSE Sensex was above 85,000. At 9:17 AM, Nifty50 was trading at 26,074.75, up 18 points or 0.069%. BSE Sensex was at 85,082.51, up 41 points or 0.048%.Stock…
NEW DELHI: Private equity investments in real estate fell 29% this year to $3.5 billion due to lower inflow of funds in housing and warehousing projects, according to Knight Frank India. Private equity (PE) investments stood at $4.9 billion during the preceding year. Inflow of PE funds hit record $6.7 billion during the 2018 calendar…
New Delhi : British aero-engine maker Rolls-Royce on Sunday said it is looking at making India its third “home market” outside of the UK. Sashi Mukundan, the executive VP of Rolls-Royce India, elaborating on the move, said the company is planning for a “big investment” in the country, and listed developing a gen-next aero engine…
SS Retail files papers for Rs 500 crore IPO NEW DELHI: Mobile retail company SS Retail has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through its initial public offering (IPO). The company’s maiden public offering will be a combination of fresh issue of shares worth Rs 300 crore, along…
File photo: Union minister Scindia NEW DELHI: Satellite communication services will be rolled out in the country after players in the segment, including Elon Musk-owned Starlink, comply with the demands of security agencies, Union telecom minister Jyotiraditya Scindia said.He said govt will soon be in a position to allocate spectrum to satcom players — Starlink,…
NEW DELHI: With India Inc staring at higher liability due to the labour codes, industry bodies have sought clarifications from the government on various issues, while the Institute of Chartered Accountants of India (ICAI) has suggested that companies provide for increased gratuity and some of the other payments in the accounts for the Dec quarter…
IndiGo’s dominance of India’s domestic aviation market weakened in November after operational disruptions earlier in the month, with the carrier’s market share sliding to 63.6 per cent, according to official data released by the Directorate General of Civil Aviation (DGCA), PTI reported. Despite remaining the country’s largest domestic airline, IndiGo’s share declined from 65.6 per…
