Gold price today: Gold prices surged on Wednesday, rising Rs 1,297 to Rs 1,52,715 per 10 grams in futures trade, driven by firm spot demand and fresh buying by speculators.On the Multi Commodity Exchange (MCX), gold contracts for April delivery climbed Rs 1,297, or 0.86%, to Rs 1,52,715 per 10 grams, with a business turnover…
A senior executive of NVIDIA said on Wednesday India needs to significantly scale up its investment in Artificial Intelligence (AI) infrastructure from the current $1.2 billion to align with global levels, describing the Union Budget’s 20-year tax holiday for foreign companies as a major opportunity to build foundational AI capacity. Speaking at the AI Impact…
MUMBAI: Real estate, infrastructure, and corporate sectors are set to gain wider access to overseas funding with RBI overhauling external commercial borrowing (ECB) rules, sharply expanding the pool of eligible borrowers and clarifying permissible uses under the Foreign Exchange Management Act, 1999 framework.The amended regulations shift the ECB regime from a restricted, sector-based eligibility model…
BENGALURU: Unpacking suitcases, arranging wardrobes, handling time-consuming tasks such as peeling pomegranates and garlic, or prepping for weekend gatherings – these are among the chores urban households are increasingly getting done through domestic help apps, alongside routine chores such as dishes and laundry.What began as a convenience experiment is now scaling rapidly across parts of…
Oman’s New Tiered Expat Work Permit Fees: Incentives for Omanisation Compliance The Sultanate of Oman is shaking up how companies hire foreign workers by introducing a tiered fee structure for expatriate work permits that directly ties costs to compliance with national employment targets known as Omanisation. The move, announced this week by the Ministry of…
Nandan Nilekani (File photo) BENGALURU: Calling the AI shift a “root-and-branch surgery” of how businesses function, Infosys chairman Nandan Nilekani urged enterprises to rethink not just technology stacks but also how employees work, adapt, and create value in an AI-first world. Speaking at the Infosys Analyst Day held on Tuesday, Nilekani said the conversation around…
The pricing noted applies to the 49 kWh variant and is based on an assumed daily usage of 60 km. NEW DELHI: India’s electric vehicle market is set for intense competition with Maruti Suzuki launching the all-new e-Vitara at a starting price of Rs 10.99 lakh, with a Rs 3.99 per km Battery-as-a-Service (BaaS) ownership…
Asian equities edged higher on Wednesday as investors weighed developments in US-Iran nuclear discussions and fresh details of Japan’s investment commitments to Washington.Tokyo led regional gains, with the Nikkei rising 1.23% or 684 points to 57,250 at 10:07 am IST, after the United States confirmed the first batch of funding from the $550 billion Japan…
Stock market today (AI image) Stock market today: Indian equity benchmarks opened flat in trade on Wednesday. While the 50-share index Nifty was near 25,700, the 30-share BSE Sensex was down marginally. At 9:16 AM, Nifty50 was trading at 25,716.35, down 9 points or 0.035%. BSE Sensex was at 83,438.94, down 12 points or 0.014%.Experts…
MUMBAI: A $12 million raise for XED Executive Development, an executive education company, is set to be the first IPO from Gift City. The offer, expected for an early-March opening, is set to be listed on NSE and BSE’s international exchanges in Gift City, a release from the company said.XED has obtained the requisite nod…