India has placed its $4 billion National Critical Mineral Mission at the heart of its energy strategy, with fresh emphasis on overseas acquisitions to secure supplies of lithium, cobalt and nickel. Union Minister for Coal and Mines G Kishan Reddy said on Tuesday that state-run Khanij Bidesh India Limited (KABIL) is holding active negotiations with…
Gold rate today: Gold futures soared to fresh peaks on Tuesday, with expectations of an imminent US Federal Reserve rate cut and a weaker dollar driving safe-haven buying across global and domestic markets. On the Multi Commodity Exchange (MCX), October contracts jumped Rs 384, or 0.34 per cent, to a record Rs 1,10,563 per 10…
Progress in India–US trade negotiations depends heavily on Washington revoking the additional 25 per cent tariffs linked to India’s Russian oil imports, according to a report by the India-based Global Trade Research Initiative (GTRI) as discussions resumed in New Delhi on Tuesday.“Negotiations will remain slow unless Washington signals genuine flexibility,” the GTRI report stated, as…
IndiGo is set to add Copenhagen to its international network from October 8, marking the airline’s entry into the Scandinavian region. The new services will be operated three times a week from Mumbai, expanding its reach further into Northern Europe. The flights will use Boeing 787-9 Dreamliner aircraft taken on wet/damp lease from Norse Atlantic…
Taxpayers continue to struggle with the ITR submission process due to technical difficulties on the Income Tax department’s official portal. (AI image) ITR filing FY 2024-25 due day has been extended to today, that is September 16, 2025, but taxpayers are complaining of still facing issues with the income tax e-filing portal.Following the Finance Ministry’s…
Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter MFI lending norms are driving the trend. RBI data show gold-backed loans jumped 122 per cent year-on-year until June, while the Microfinance Industry Network reported…
The venture includes a crude oil filling expense of $1.25 billion (Rs 11,020 crore) at present rates. (AI image for representative purpose) India is looking to build its first-ever private sector strategic petroleum reserve in the next five years. The massive Rs 5,700 crore project contract has been awarded to Megha Engineering & Infrastructures Ltd.According…
Railway equities experienced a significant uptick on Monday, driven by numerous contract wins and government capital expenditure initiatives.Ircon International saw a 6.8% rise, whilst RailTel Corporation of India increased by 6.5%. Rail Vikas Nigam and Jupiter Wagons rose by 2.8% and 2.5% respectively, with Titagarh Rail Systems and Indian Railway Finance Corporation showing gains of…
India’s unemployment rate for people aged 15 years and above eased to 5.1 per cent in August 2025, marking a second consecutive month of decline, according to the latest Periodic Labour Force Survey (PLFS) released by the ministry of statistics and programme implementation (MoSPI) on Monday.The rate had stood at 5.2 per cent in July…
Gold is likely to rise to $3,800 (Rs 134,000) in the coming months. (AI image) Gold price prediction today: Gold rates are expected to rise in the coming months and investors would do better to buy the yellow metal on dips rather than chasing the rally, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and…