Category: Business

Gold and silver are expected to maintain strong momentum in the coming months, driven by robust central bank demand, shifts in US monetary policy, and supply constraints, according to Nilesh Shah, Managing Director of Kotak Asset Management Company (AMC).Shah highlighted that central bank purchases, both in gold and potentially silver, remain a key driver for […]

MUMBAI: NPCI International Payments (NIPL), the overseas arm of NPCI, has signed an MoU with NTT DATA Japan to enable UPI acceptance across merchant locations in Japan. The partnership aims to simplify digital payments for Indian tourists and deepen cross-border payment collaboration between India and Japan.NTT DATA Japan operates CAFIS, the country’s largest card payment […]

Wall Street stocks slipped in early trading on Tuesday as trade tensions with China resurfaced, putting pressure on major indices. The S&P 500 fell 1 per cent, the Dow Jones Industrial Average slipped 383 points or 0.8 per cent, and the Nasdaq composite shed 1.5 per cent as of 9:57 a.m. Eastern time, AP reported.The […]

Indian households have seen a sharp rise in wealth thanks to the soaring price of gold, with holdings now valued at an estimated $3.8 trillion, accounting for almost 89% of the country’s GDP, according to a Morgan Stanley report. The report says the surge in household wealth is further supported by lower interest payments after […]

India, the world’s largest importer of cooking oil, needs a predictable and transparent multi-year tariff framework for edible oils to end a decade of policy volatility that has distorted prices and discouraged investment, a new study has found.The research titled “Tariff Volatility and Stakeholder Dynamics in India’s Edible Oil Sector” — jointly conducted by the […]

JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think […]

Who knew spotting a dirty toilet at a national higjway could help you earn Rs 1,000.While it may sound odd, the news is very much real! With NHAI’s new scheme you can now hit the highway, click a dirty toll toilet, and the money goes straight to your FASTag account.The National Highways Authority of India […]

Gold reached a new record high on Tuesday, surpassing $4,100 levels, as investors bet on the US Federal Reserve rate cuts and react to renewed US-China trade tensions. Silver also hit life-time high, benefiting from the same safe-haven demand.Spot gold was up 0.2% at $4,117.72 per ounce at 07:16 GMT, after earlier touching $4,179.48, according […]

Doug Lebda, the 55-year-old founder and CEO of LendingTree, has died in a tragic all-terrain vehicle accident at his family’s farm in North Carolina. The online lending platform confirmed his death on Sunday and said the company was mourning the sudden loss of its leader.“Doug was a visionary leader whose relentless drive, innovation and passion […]

LG Electronics India Ltd made it a solid debut on the BSE and NSE today after a strong IPO. The shares listed at a premium of 50%. The stock opened at 1715.00 on BSE and 1710 on NSE.LG Electronics India’s IPO became the second most heavily subscribed issue ever, oversubscribed 54.02 times, after only Reliance […]