New Delhi, June 13: Gold prices on the Multi Commodity Exchange (MCX) opened with a sharp jump on Friday, crossing the Rs 1 lakh mark per 10 grams. The rally came as rising geopolitical tensions in the Middle East boosted safe-haven demand for the yellow metal. Silver prices also gained in early trade. MCX gold.
London: Top US and Chinese officials announced on Wednesday that they have agreed to a framework for getting the trade truce between the two countries back on track after two days of intense negotiations. Officials from the two countries said the framework would restore an earlier agreement reached in Switzerland last month to lower tariffs.
New Delhi: As global smartphone manufacturing output declines, India is set to be the big winner in 2025, with output growing in double-digit percentages to reach a record 20 per cent share of worldwide output, fuelled by export demand from Apple and Samsung, a report showed on Tuesday. Global smartphone manufacturing output is expected to.
New Delhi: Commerce and Industry Minister Piyush Goyal has invited Swiss companies to expand their footprint in India and take advantage of the country’s dynamic and rapidly growing market. The minister held a meeting in Bern with the leadership from several premier Swiss companies across diverse sectors and urged them to see India as a.
New Delhi: The Reserve Bank of India’s (RBI) recent 50 basis points rate cut will significantly benefit home loan borrowers, especially those already holding loans, by lowering their interest costs, experts said on Friday. This move is timely as India, now the fourth-largest global economy, is experiencing robust growth in real estate across major metros,.
Chennai: The Directorate of Enforcement’s (ED) Chennai Zonal Office has ordered the seizure of immovable property worth approximately Rs 16.19 crore belonging to RR Industries Limited, under Section 37A of the Foreign Exchange Management Act (FEMA), 1999. The ED initiated its investigation following preliminary findings that revealed irregularities in overseas remittances made by Hanudev Investment.
New Delhi: The last 11 years have seen steady reforms introduced by the Government to make life easier and more dignified for the middle class, with steps ranging from tax relief that leaves more money in their hands to pension schemes that promise security in the old age, according to an official statement issued on.
New Delhi: India’s digital forensics market is projected to skyrocket at a compound annual growth rate (CAGR) of nearly 40 per cent to reach Rs 11,829 crore ($1.39 billion) by FY 2029-30, more than triple the global average of 11 per cent, a report showed on Thursday. Mobile forensics now dominates the sector, accounting for.
New Delhi [India]: Amid recent uncertainties in US trade policies and financial markets, a study from the World Gold Council (WGC) suggests that gold is exhibiting traits of a High-Quality Liquid Asset (HQLA). HQLAs are assets that can be quickly and easily converted into cash with minimal loss in value, even during financial crises. The.
New Delhi: India saw an 8.8 per cent rise in high-net-worth individual (HNWI) wealth in 2024, witnessing 378,810 millionaires with a total wealth of $1.5 trillion by the end of last year, according to a report released on Wednesday. India also had 333,340 millionaires ‘next door’ at the end of 2024, with a wealth of.
