The overall technical outlook for MCX Gold remains constructive as price action continues to form a sequence of higher highs and higher lows. (AI image) Gold price prediction today: Gold prices – MCX Gold August futures – are seeing a positive bias and a buy on dips strategy is favoured, says Jateen Trivedi, VP Research … Read more
Welcome to our Gold Rate Today live blog, where we bring you the latest updates on gold and silver prices from India and global markets throughout the day. Gold is trading cautiously after renewed military exchanges between the United States and Iran reignited inflation concerns and increased expectations that the US Federal Reserve could keep … Read more
Oil markets remained focused on developments in the Middle East after Iran launched attacks on US military infrastructure in Gulf states Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over global crude supplies elevated.Brent … Read more
NEW DELHI: In a bid to boost the domestic manufacturing of batteries and electronics goods, govt has waived basic customs duty on goods used in manufacture of display assemblies, lithium ion cell and inductor coil module.Among the three notifications issued by the finance ministry was one to exempt the basic customs duty (BCD) on the … Read more
NEW DELHI: Govt will assess whether the rapid adoption of AI is affecting pace of expansion of global capability centres (GCCs) in India, Electronics and IT secretary S Krishnan said on Thursday, while arguing that AI could ultimately help the country attract higher-value work.At a CII event, Krishnan said it was “time to start measuring … Read more
MUMBAI: The Forum for Internet Retailers, Sellers & Traders (FIRST) has dragged Walmart-owned Flipkart Group to the Competition Commission of India (CCI), seeking a fresh investigation into the conduct of the company over practices designed to distort competition, benefit few preferred sellers and exclude scores of small retailers from the marketplace system.In its 157-page complaint … Read more
A growing number of leaders from India-based global capability centres (GCCs) are making their way into the Fortune 500 C-suite, underscoring the rising strategic importance of these centres and the influence of their leadership.Recent examples include Kalyani Sekar, senior vice-president and chief data and AI officer at Verizon; Hari Vasudev, executive vice-president and CTO of … Read more
Brent crude in London traded close to $79 a barrel on Thursday, taking its gain for the week to nearly 9%. (AI image) Iran has accelerated crude shipments, dispatching oil tankers carrying about 11 million barrels over the past 24 hours as tensions with the US escalate once again and President Donald Trump threatens to … Read more
Under international law, ships are generally entitled to transit passage through straits used for international navigation. (AI image) With the Strait of Hormuz now beginning to reopen, Iran and Oman — the two nations bordering the strait — have floated the idea of introducing a permanent fee system for ships using the passage.Until the US … Read more
The claims arose out of a road accident that occurred on 16.04.2022 near Harina Bus Stand on National Highway-6 under Kharagpur (Local) Police Station. (AI image) The Calcutta High Court has held that the mere fact that a vehicle was stationary at the time of an accident does not absolve its owner or insurer from … Read more