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BUSINESS

Gold posts 4.73 pc weekly gain as US Fed rate hike bets weaken
BUSINESS

Gold posts 4.73 pc weekly gain as US Fed rate hike bets weaken

Mumbai, Aug 8 — Gold prices surged 4.73 per cent on a weekly basis as the US Dollar weakened and weaker‑than‑expected US labour data cut the odds of further US Federal Reserve tightening.On Friday, gold futures (October) gained 0.11 per cent while silver futures (September) advanced 0.15 per cent…

Consumers should continue to use E20 petrol with confidence: Govt
BUSINESS

Consumers should continue to use E20 petrol with confidence: Govt

New Delhi, Aug 8 — Consumers should continue to use E20 petrol with confidence, as the fuel supplied through the OMC network conforms to the prescribed quality specifications and is backed by robust quality assurance and monitoring systems designed to safeguard consumer interests at every stage of…

Global tech sector records over 1.63 lakh layoffs this year to date
BUSINESS

Global tech sector records over 1.63 lakh layoffs this year to date

New Delhi, Aug 8 — Global technology companies have announced 1,63,427 layoffs since the start of 2026, with AI cited as a factor in 91,215 of those job cuts, a new report has said.The report from TradingPlatforms said enterprise software accounted for roughly 8.14 per cent of the total job cuts,…

FIIs remain net buyers in India for 2nd consecutive week
BUSINESS

FIIs remain net buyers in India for 2nd consecutive week

Mumbai, Aug 8 — Foreign institutional investors (FIIs) remained net buyers in India for the second consecutive week, following net purchases of Rs 5,949 crore in the previous week, with an additional Rs 2,911 crore in the current week, based on provisional exchange data.On the other hand, domestic…

Tamil Nadu plans 22,500 milch cows to boost Aavin milk procurement
BUSINESS

Tamil Nadu plans 22,500 milch cows to boost Aavin milk procurement

Chennai, Aug 8 — The Chief Minister C. Joseph Vijay-led Tamil Nadu government plans to bring 22,500 additional milch cows into the cooperative dairy network as part of a major effort to strengthen rural dairy farming and reverse the decline in milk procurement by Aavin.The initiative combines the…

High-level meeting held on expanding city gas network in Chandigarh
BUSINESS

High-level meeting held on expanding city gas network in Chandigarh

Chandigarh, Aug 7 — A delegation from the Petroleum and Natural Gas Regulatory Board (PNGRB), led by its Chairperson, Anil Kumar Jain and including Director, Monitoring, Lt. Col. Kumar Abhishek, Director (Monitoring), held a meeting with the Punjab Governor and Union Territory Adminstrator, Gulab…

India uses satellites as soft-power tool with partner nations: Report
WORLD

India uses satellites as soft-power tool with partner nations: Report

New Delhi, Aug 7 — India’s space cooperation agreement with Seychelles is the latest example of a decade‑long diplomatic push that uses space as a durable instrument of foreign diplomacy, a new report has said.On its own, India's space cooperation agreement with Seychelles in late June 2026 may…