Gold appears poised to extend its rally toward the 155,000 level in the upcoming sessions. (AI image) Gold and silver price prediction today: Gold and silver prices may sustain their up move in the coming sessions, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly…
India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas (LPG) from Iran after the Donald Trump administration granted a 30-day sanctions waiver to keep oil and gas prices in check. India had stopped energy…
MUMBAI: Sammaan Capital (formerly Indiabulls) shares rose 6% after the RBI approved the acquisition of a controlling stake by UAE-based International Holding Company (IHC) through an initial investment of about Rs 8,850 crore. In a regulatory filing on March 24, Sammaan Capital said RBI had cleared applications related to the proposed transaction involving Avenir Investment,…
NEW DELHI: The empowered group of officials to deal with the fallout of the West Asia conflict got down to business on Wednesday, and began mapping the demand and supply situation, and also started identifying potential sources to ensure that supply chains are not disrupted.Food and fuel availability are top priority and detailed reports have…
NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…
BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in…
NEW DELHI: After extensive consultation, govt has decided to retain the retail inflation target for the monetary policy committee at 4%. For the next five years, the tolerance band of 2-6% has also been retained, according to a notification issued by the finance ministry on Wednesday.The targets have been in place for 10 years now…
NEW DELHI: Airbus has for the first time indicated it is open to having a final assembly line (FAL) in India for its 50% owned ATR regional aircraft, given the Modi govt’s unprecedented push for enhancing aerial connectivity of small towns and cities. The European aerospace major is learnt to be in talks with stakeholders…
British Airways is proposing a new incentive scheme that would reward pilots for reducing fuel burn and carbon emissions, with a potential bonus of up to 1% of basic salary if collective targets are metAccording to a document seen by Bloomberg, pilots would need to collectively cut their aircrafts’ carbon dioxide emissions by 60,000 tonnes…
The government on Tuesday informed Parliament that the 8th Central Pay Commission (CPC) is examining revisions in pay scales, salaries, allowances and pension structures for central government employees, while consultations with stakeholders are currently under way.In a reply to an unstarred question in the Lok Sabha, minister of state for finance Pankaj Chaudhary said the…