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China’s internet watchdog has moved against two major platforms, Bytedance owned news app Jinri Toutiao and Alibaba’s internet browser company UCWeb, accusing them of spreading harmful material. The move was announced on Tuesday, a day after Beijing launched a two-month campaign to tighten control over online content.The Cyberspace Administration of China (CAC) said on Monday…
Shell faces low oil prices and US tariff uncertainty (Image credits: X @Shell) US President Donald Trump’s tariffs are creating uncertainty into the global economy, impacting investment decisions more than supply chain costs, said Shell India’s Robin Mooldijk, president of projects and technology.“The primary effect is on our supply chain. It becomes more expensive and…
Cochin Shipyard Ltd (CSL) is set to invest about Rs 15,000 crore in a greenfield shipyard in Tamil Nadu in partnership with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), according to an official statement issued on Tuesday.The first phase of the project is expected to generate nearly 10,000 jobs–4,000 direct and 6,000 indirect– and…
Tata Motors and Hyundai Motor India representative image The Indian automobile industry saw record-breaking Navratri 2025 car sales on Day 1, with Tata Motors, Hyundai Motor India, and pre-owned car platform CARS24 reporting good sales.The surge was driven by lower vehicle prices under next-generation GST 2.0 reforms which came into effect on Monday and strong…
The Employees’ Provident Fund Organisation (EPFO) has temporarily put on hold its earlier order allowing employees to adopt the Unified Pension Scheme (UPS), stating that the matter is still under consideration. “It is to inform that the matter regarding implementation of the Unified Pension Scheme (UPS) for the employees of the Central Board is still…
The National Payments Corporation of India (NPCI) is focusing on expanding credit products on the Unified Payments Interface (UPI) network, aiming to drive the next phase of growth in India’s retail digital payments.After RuPay credit cards and credit lines on UPI, the next major feature will allow consumers to convert UPI payments into EMIs.Sources familiar…
Gold and silver prices continued their record-breaking rally on Tuesday, with gold futures reaching an all-time high of Rs 1,12,750 per 10 grams and silver futures hitting a lifetime high of Rs 1,34,016 per kilogram on the Multi Commodity Exchange (MCX).The surge was driven by expectations of further US Federal Reserve interest rate cuts, safe-haven…
Rupee slips 25 paise to an all-time intraday low of 88.53 against the US dollar in early trade on Tuesday, as concerns over enhanced US tariffs on Indian goods and the new $100,000 H-1B visa fee weighed on investor sentiment.Forex traders said that global risk aversion and trade policy uncertainty further exacerbated the rupee’s decline.At…
Representative image credits: AP Asian share markets looked set to extend recent gains on Tuesday, driven by strong investor optimism around artificial intelligence (AI) and tech stocks, while bets on further US interest rate cuts pushed gold to fresh record levels.Wall Street had reached another record after Nvidia announced it would invest up to $100…
Gold price outlook: The yellow metal may rise to $3800/$3850 in the coming months. Long-term target is $4000. (AI image) Gold price prediction today: Gold rates are likely to maintain their long-term positive bias, with dips and corrections serving as buying opportunity for investors, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at…
