Kospi dream rally fumbles: World’s best-performing stock plunges 7% – what’s behind crash?

The spectacular rally in South Korea’s stock market suffered a sharp reversal on Monday, with the benchmark Kospi tumbling 7%. Rising tensions across the Middle East dragged the index 511 points down to 6,964.76 as rising geopolitical tensions in the Gulf rattled investors worldwide.The sell-off came after Iran claimed it had closed the strategically vital … Read more

Gold, silver price today: What’s next for precious metals? Key triggers that could shape prices this week

Gold, silver price today: Global bullion ended last week on a weak note with gold and silver posting losses International bullion prices ended lower, reflecting cautious investor sentiment. Spot gold declined by $17.57, or 0.43%, to close at $4,106.25 per ounce, while silver also remained under pressure, slipping nearly 1% to $59.54 per ounce. The … Read more

Cybersecurity Framework: Government weighs cybersecurity framework for IoT devices

NEW DELHI: Government is considering extending its cybersecurity push beyond CCTV cameras by introducing a similar regulatory framework for a wider range of internet of things (IoT) devices, including smart meters, amid concerns that these devices remain vulnerable as they are imported, mainly from China.While no final decision has been taken, discussions at the official … Read more

10-Kg Lpg Cylinders: Oil companies plan expanding 10-kg LPG cylinder sales

NEW DELHI: State-run oil marketing companies are considering expanding the use of lightweight 10-kg LPG cylinders beyond domestic consumers, with the cylinders likely to be sold at commercial LPG rates if approved.The move could benefit migrant workers, tenants, students, street vendors, cafes and food kiosks that need LPG but lack space for larger 19-kg commercial … Read more

Four top-10 firms add Rs 93,000 crore in mcap despite weak market; HDFC Bank, Airtel lead gains

HDFC Bank and Bharti Airtel emerged as the biggest gainers among India’s top-10 most-valued firms NEW DELHI: Despite a weak week for benchmark indices, four of India’s 10 most-valued companies added nearly Rs 93,000 crore to their combined market capitalisation, led by strong gains in HDFC Bank and Bharti Airtel.The combined valuation of Reliance Industries, … Read more

Stock market this week: Q1 earnings, inflation data, Middle East tensions to keep D-Street volatile

Q1 earnings, inflation, Middle East tensions among key triggers driving the markets NEW DELHI: The upcoming week is expected to be driven by a mix of domestic and global triggers, with investors tracking the progress of the earnings season, inflation data, geopolitical developments in West Asia and movements in crude oil prices, analysts said.The June … Read more

India-UK FTA opens doors, but tariff cuts alone won’t lift exports: GTRI

GTRI highlighted that tariff cut alone won’t raise exports unless certifications and logistic processes ease India’s free trade agreement with the UK may improve market access for exporters, but tariff cuts alone will not be enough to unlock its full export potential, according to the Global Trade Research Initiative (GTRI). The think tank stressed that … Read more