Latest News, Updates & Breaking Headlines
Gold price structure now indicates that buyers are firmly in control, and dips are likely to attract fresh demand. (AI image) Gold and silver price prediction today: Gold prices and silver prices are showing strength again and are likely to maintain a bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
IMF has reclassified India’s exchange-rate regime, two years after the Washington-based lender suggested the country’s central bank was intervening too heavily in the currency market. The IMF labelled the country’s de facto currency regime as “crawl-like arrangement”, marking a change from the previous “stabilised” classification, the agency said in a report released on Wednesday.A crawling…
Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…
VIJAYAWADA: Weeks after Google announced a $15 billion investment in Visakhapatnam for an AI hub, it’s now the turn of Digital Connexion – a JV of Reliance Industries, Brookfield, and Digital Realty – to commit $11 billion for a data centre.Digital Connexion signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) on Wednesday…
MUMBAI: RBI deputy governor Poonam Gupta defended the central bank’s inflation projections, saying there is “no systematic bias” in forecasts issued by the Monetary Policy Committee. Speaking at a workshop here on Wednesday, she said inflation forecasting is difficult everywhere, “equally challenging in India, if not more so”, because of the high food weight in…
Asian stocks rose for a second straight session on Thursday, extending this week’s global rally as investors grow increasingly confident that the US Federal Reserve will deliver a third consecutive interest rate cut next month.The renewed optimism has pushed concerns over stretched valuations into the background for now, allowing risk appetite to strengthen across global…
BENGALURU: In the Infosys buyback offer that closed on Wednesday, nearly 82.6 crore shares were tendered, compared to the 10 crore shares the company proposed to buy back, data from the NSE and BSE showed. The promoters of Infosys chose not to participate in the offer. The buyback, conducted through the tender offer route, is…
GURUGRAM: US EV giant Tesla on Wednesday said running cost on the electrics will be one of the lowest in the country, with hardly any need to take the car to service stations for four years because of over-the-air (OTA) tech updates and other remote care. The company was speaking about plans to expand retail…
Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…
NEW DELHI: Govt on Wed-nesday cleared an incentive scheme with an outlay of Rs 7,280 crore for establishing domestic capacity for manufacturing 6,000 tonne of integrated rare earth magnets annually with the aim of breaking China’s stranglehold over this vital input for a host of industries ranging from automobiles to aerospace and defence.Govt will allot…
