Mumbai, July 25 — Gold prices surged 1.31 per cent on a weekly basis as escalating conflict between the US and Iran, along with a surge in crude oil prices, prompted a flight to safe-haven assets.On Friday, MCX gold August futures gained 0.17 per cent while MCX silver September futures advanced…
New Delhi, July 25 — The phased tariff plan announced by the US administration on imported generic medicines is expected to have a limited impact on the credit profiles of Indian pharmaceutical companies over the next two financial years, a report said on Saturday.As per analysis of Infomerics…
New Delhi, July 25 — The India-UK free trade agreement (FTA) can help bilateral trade trajectory expand from $58 billion in 2025-26 to $115 billion by 2030, along with the possible creation of 7-10 lakh new employment opportunities, according to a new Assocham study.The India-UK FTA, which is now…
New Delhi, July 25 — India is betting big on infrastructure-led growth and the world is starting to take notice, a new report has said, adding that Prime Minister Narendra Modi’s government has spent more than a decade attempting one of the most ambitious economic transformations in modern…
New Delhi, July 25 — Large office transactions accounted for 59 per cent of India’s total office leasing volume of 48 million sq ft in the first half of 2026, underscoring continued preference from large occupiers for Grade A assets, a report said on Saturday.The report from Knight Frank India said…
New Delhi, July 25 — AU Small Finance Bank on Saturday reported a 4.3 per cent sequential decline in its net profit for the first quarter (Q1) of FY27, according to the bank's filing.However, on a year-on-year basis, the bank's net profit rose 37 per cent, supported by strong growth in net interest…
New Delhi, July 25 — The government on Saturday announced the commencement of drilling of the first appraisal well in the Mahanadi Offshore Basin, describing the occasion as "the beginning of a new chapter in India's journey towards energy security".According to Minister for Petroleum and Natural…
New Delhi, July 25 — Semiconductor and product engineering services provider MosChip Technologies has reported a 77.56 per cent year-on-year decline in its consolidated net profit to Rs 2.45 crore for the first quarter (Q1) of FY27, as lower revenue and margin contraction weighed on its…
New Delhi, July 25 — Dodla Dairy Ltd on Saturday reported a consolidated net profit of Rs 40.64 crore for the quarter ended June 30, about a 42 per cent decline sequentially from Rs 69.8 crore in the previous quarter.However, revenue rose 19 per cent to a record Rs 1,197.94 crore, but profitability…
New Delhi, July 25 — A comprehensive Rs 69,725 crore package has been approved to strengthen domestic shipbuilding capacity, maritime financing and skilling as part of measures to revamp India's shipbuilding industry, the government has said.The package includes a Shipbuilding Financial Assistance…
San Francisco, July 25 — South Korean conglomerates and global tech giants, including Nvidia, have agreed to pursue a series of cooperation projects that together are worth $950 billion, a senior presidential official said.The projects include a long-term deal under which SK Group will supply $750…
New Delhi, July 25 — The Start‑up Village Entrepreneurship Programme (SVEP) supported 4.32 lakh rural enterprises by June-end, and delivered notable gains in profitability, incomes and social inclusion of entrepreneurs of disadvantaged sections of society, the government said on Saturday.Under…
New Delhi, July 25 — India-focused fund flows show early signs of stabilisation, as global industrials flow sees first momentum break since AI trade began in May 2025, according to a new report.Redemptions paused after $8.6 billion outflows since February, although net inflows remained modest at…
Mumbai, July 25 — The Indian equity benchmarks posted strong weekly loss, over global inflation fears and higher crude prices.Nifty lost 2.33 per cent during the week and dipped 0.43 per cent on the last trading day to reach 23,767. At close, Sensex was down 331 points, or 0.43 per cent, at 76,059.…
New Delhi, July 25 — US aerospace company SpaceX launched its Starship vehicle in a test flight to validate technology central to CEO Elon Musk’s ambitions for Starlink expansion, as the company's stock continues to slide.The rocket’s Super Heavy booster detached from the Starship spacecraft nearly…
Mumbai, July 25 — Foreign institutional investors (FIIs) continued to remain net seller in the Indian stock markets this week, offloading Rs 7,180 crore based on provisional exchange data.On the other hand, domestic institutional investors (DIIs) were net buyers, purchasing Rs 8,640 crore this…
San Francisco, July 25 — South Korean President Lee Jae Myung met with the heads of four global tech giants, including Nvidia Chief Executive Officer Jensen Huang, and called for their greater participation in South Korea's artificial intelligence (AI) investment plans.The meetings took place on…
New Delhi, July 25 — The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has highlighted progress in faster return processing, grievance redressal and litigation reduction.At the 167th anniversary of Income Tax Day celebrations here, Agrawal recalled the priorities set out by Union…
New Delhi, July 24 — Union Finance Minister Nirmala Sitharaman on Friday told officials of the Income Tax Department to ensure convenience for honest taxpayers while taking stern action against tax evasion, as certainty in the tax regime is an economic imperative. Addressing the 167th Income Tax…
Mumbai, July 24 — The Securities and Exchange Board of India (SEBI) on Friday barred Viresh Joshi, former chief dealer of Axis Mutual Fund (MF), from the securities market for seven years and imposed a penalty of Rs 3 crore after finding him guilty of front-running trades involving the fund…
New Delhi, July 24 — More than 7.3 crore income tax returns (ITRs) were filed for Assessment Year 2026, surpassing the number filed in the previous year, Revenue Secretary Arvind Shrivastava said on Friday.Speaking about the ongoing reforms in the direct tax system, Shrivastava said the Income Tax…