According to top sources in govt, Foxconn executives have surveyed the plot of land near Sanand. GANDHINAGAR: Taiwan-based Hon Hai Technology Group, better known as Foxconn, the world’s leading electronics contract manufacturer, is scouting for a land parcel of more than 200 acres to set up a technology park and high-end electronics manufacturing facility. Apart … Read more
Gold is currently trading at around $4,600. A tenfold increase from that level would put the price at roughly $46,000 an ounce. (Image source: Adobe stock) Will gold prices hit $50,000 per ounce in the coming years? Thomas Kaplan, the chairman of Electrum, and a billionaire has predicted that the yellow metal may rise as … Read more
Two or more co-borrowers take a joint home loan, and all co-borrowers are jointly responsible for repayment. The author is CEO of PaisabazaarBuying a home is more than a financial decision for most households in India. Along with a lifegoal, it is probably one of the biggest financial commitments they would make. Hence, the decision … Read more
The firms are sharply increasing internship pay as they compete for a limited pool of engineers with strong mathematical, coding and problem-solving skills. High-frequency trading (HFT) firms in India are offering record compensation to interns as they compete for quantitative talent amid tighter derivatives regulations and slowing activity in the country’s equity markets.Gurgaon-based Quadeye is … Read more
India is confident that trade will continue uninterrupted even after the US announced sanctions on Iran (representative image) India, the world’s biggest rice exporter, is confident its rice trade with Iran can withstand the threat of tougher US sanctions, with shipments continuing despite higher prices and months of war-related disruption.Rice accounts for nearly two-thirds of … Read more
The main event for gold this week is the Jackson Hole symposium from August 27–29, particularly Fed Chair Kevin Warsh’s speech on Friday. Gold price prediction today: Gold prices are showing a positive bias, and while short-term news related fluctuations may occur, the long-term outlook is bullish, says Vedika Narvekar, Research Analyst – Commodities & … Read more
09:41 (IST) Aug 26 Gold marked a fourth straight rise in Delhi Gold prices in Delhi rose by Rs 2,700 to Rs 1,67,100 per 10 grams on Tuesday, extending their gains for a fourth consecutive session. Gold of 99.9 per cent purity had closed at Rs 1,64,400 per 10 grams on Monday. In international markets, … Read more
Indian stock markets will remain in focus on Wednesday as investors assess whether falling crude oil prices can provide further support to equities after benchmark indices closed higher in the previous session. The Nifty 50 ended Tuesday at 24,334.55, gaining 115.50 points, or 0.48%, while the BSE Sensex rose 286.98 points, or 0.37%, to 77,656.09. … Read more
Anant Goenka also flagged challenges faced by pharma companies in registering their products in Japan. TOKYO: Ficci president Anant Goenka Tuesday said businesses have flagged concerns over current bilateral trade deal between India and Japan, which has resulted in widening of trade deficit since it was signed, and access to market here and suggested changes … Read more
Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking … Read more