MCX Gold is currently exhibiting a strong and sustained uptrend, supported by clear technical evidence on the charts. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their strong bullish momentum, and silver too will maintain its stealth trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Experts note that currency depreciation and global challenges, including India-US trade negotiations, may restrict market movement. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was above 25,050, BSE Sensex was above 81,700. At 9:20 AM, Nifty50 was trading at 25,057.50, up…
Goldman Sachs upgraded Maruti Suzuki to buy with the target price raised to Rs 18,900. Analysts said the stock price upgrade was to factor in a potential pickup in market for entry level cars post GST cuts and price changes, resumption of new model launches after a gap of 2.5 years with Victoris SUV and…
MUMBAI: The National Company Law Tribunal cleared the merger of Piramal Enterprises with its wholly owned arm, Piramal Finance, on Sept 10, marking a plan that places the financial services business under Anand Piramal, son of group chairman Ajay Piramal. Anand will take over as chairman of Piramal Finance, the merged entity.Ajay Piramal will continue…
The Union Cabinet on Wednesday approved payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages to railway employees, with a financial implication of Rs 1,865.68 crore.The decision, taken at a meeting chaired by Prime Minister Narendra Modi, will benefit about 10.91 lakh non-gazetted employees of the Indian Railways. The bonus is paid annually…
(Image credits: Screen grab from video posted by X @PIB_India) The Union Cabinet on Wednesday approved the construction of the four-lane Sahebganj-Areraj-Bettiah section of NH-139W in Bihar under the Hybrid Annuity Mode (HAM) at an estimated cost of Rs 3,822.31 crore. Spanning 78.942 km, the project will improve connectivity between Patna and Bettiah and link…
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the doubling of the 104 km Bakhtiyarpur–Rajgir–Tilaiya railway line in Bihar at an estimated cost of Rs 2,192 crore.The project will expand the Indian Railways network across four districts and improve connectivity to important destinations such as Rajgir, Nalanda and…
Rapido looks to raise $500 million funding as Swiggy exits stake Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the company.The move comes as Rapido expands its ride-hailing operations and scales its food delivery platform, Ownly. The primary…
Silicon Valley braces for Donald Trump’s H-1B fee hike The Trump administration’s sharp increase in visa fees for H-1B workers has triggered concern among US technology companies, with many considering moving more jobs overseas — the very outcome the policy aimed to prevent.US President Donald Trump announced on Friday a steep $100,000 levy for new…
The World Trade Organization (WTO) on Wednesday welcomed China’s decision not to seek new special treatment in future WTO negotiations, calling it a step toward a more equitable global trading system.“This is a pivotal moment for the WTO,” said Ngozi Okonjo-Iweala, WTO Director-General, news agency AFP reported. “China’s decision reflects a commitment to a more…