Category: Business

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Gold prices drop sharply by Rs 2,375 per 10 grams; Silver also falls

Gold buyers in India have a reason to cheer as prices of the yellow metal saw a significant drop on Thursday. The price of 24-carat gold fell by Rs 2,375 per 10 grams, bringing it down to Rs 91,484 from Rs 93,859, according to the India Bullion and Jewellers Association (IBJA).

Indian real estate sector sees cooling demand despite strong Q4: Report

New Delhi [India], May 15: India’s residential real estate sector has shown signs of slowdown, after witnessing a period of growth, according to a sector update report by Antique Stock Broking. “Although all new project launches by listed companies under our coverage received a strong response in 4QFY25, most Expressions of Interest (EoI) were built.

NSE becomes India’s largest unlisted firm with over 1 lakh shareholders

Mumbai: The National Stock Exchange of India (NSE) has reached a significant milestone, becoming the largest unlisted company in India with over 100,000 shareholders, according to latest industry data. This makes the NSE one of the few entities in the country to have such a vast number of investors as not many listed companies in.

Rajnath Singh to visit Bhuj airbase after review of Western border security

Ahmedabad, May 14: Defence Minister Rajnath Singh is set to visit the Bhuj Airbase of the Indian Air Force (IAF) in Gujarat, sources said. The visit is scheduled for Friday and will span two days. The Bhuj Airbase holds significant strategic importance and has been targeted by Pakistani forces in the past. The Pakistani military.

Defence stocks surge over Rs 86,000 crore in market value since Pahalgam attack

Mumbai, May 14: The Indian defence sector has witnessed a sharp rise in its market capitalisation, gaining an impressive Rs 86,211 crore since the Pahalgam terror attack, which claimed 26 lives. The bull rally began after the Indian armed forces launched ‘Operation Sindoor,’ a major precision strike on terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir.

Delhi Police’s EOW arrest finance firm manager for Rs 5 crore fraud

The Economic Offences Wing (EOW) of Delhi Police has arrested a manager of a private finance firm for allegedly embezzling Rs 3.23 crore. The total fraud amount is estimated to be around Rs five crore. The accused has been identified as Vinay Negi (38), a resident of Vasundhara in Ghaziabad. Following an in-depth investigation by.

DG Defence Intelligence Agency briefs 70 foreign diplomats on Op Sindoor

New Delhi [India], May 13: Lieutenant General DS Rana, the Director General of the Defence Intelligence Agency (DG DIA), briefed Foreign Service Attaches (FSAs) from 70 nations on the successful conduct of Operation Sindoor, which has set “new normals” in India-Pakistan bilateral relations. In a social media post on X, the Headquarters of the Integrated.

Tuesday’s Market Downturn: Sensex, Nifty fall after Monday’s Gains

With the ease of Indo-Pak escalation, the Indian stock market marked a slight growth on Monday. However, on Tuesday, the market witnessed a downturn as investors decided to sell their stocks to take profits after Monday’s big gains. Market Dynamics on Monday and Tuesday This selling caused the Sensex to drop by 1,281.68 points (1.55%).

Stock market slips over 1 pc on profit booking after record rally

The Indian stock markets ended lower on Tuesday as investors booked profits following Monday’s sharp rally. The sell-off was also fuelled by the potential fallout from the ongoing US-China trade talks.

Indian rupee opens stronger against US dollar

The dollar maintained its gains following a significant trade pact between the US and China. The US will reduce tariffs on Chinese goods from 145 per cent to 30 per cent for 90 days, while China said it will cut tariffs on US goods from 125 per cent to 10 per cent for 90 days.