Gold prices showed a mixed trend on Wednesday, with domestic futures inching up even as international rates dipped. On the Multi Commodity Exchange, February gold futures rose by Rs 173 to Rs 1,30,280 per 10 grams, while Comex gold for the same month traded marginally lower at $4,234.3 an ounce.Gold price in your city today:…
Commerce and industry minister Piyush Goyal on Wednesday said that negotiations for the India-European Union (EU) free trade agreement are advancing in a positive direction, with a rough outline of the pact already prepared. He emphasised that both sides are committed to an early conclusion of the deal. “Ek free trade agreement ki motee-motee roop…
In 2024-25, the US maintained its position as India’s principal trading partner for the fourth year running. (AI image) India-US trade deal: Commerce and Industry minister Piyush Goyal on Wednesday shared an important update on the ongoing India-US trade deal talks. The US team is in Delhi this week for another round of discussions on…
IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…
Worried about your InterGlobe Aviation investment after IndiGo’s recent operational crisis? HSBC has urged IndiGo investors to look past the dramatic scenes surrounding InterGlobe Aviation over the past week, saying the chaos has not altered the airline’s long-term prospects. The brokerage acknowledged the scale of the disruption but concluded that the airline’s fundamentals remain unbroken,…
NEW DELHI: In one of the largest global tech investment flows into India, American tech giant Amazon on Wednesday committed a mega $35 billion for its operations here, over and above the $40 billion that it has already put into the country.The ecommerce, cloud and media giant said that the investments will be made by…
Asian markets fell on Wednesday, mirroring a sluggish session on Wall Street, as investors waited for the Federal Reserve’s latest policy decision. The central bank is widely expected to cut interest rates for a third straight meeting, but all eyes are on the post-meeting statement, Chair Jerome Powell’s press conference, and the “dot plot” forecast…
NEW DELHI: The govt will run a pilot project to link the demand for subsidised fertiliser from farmers to the size of their farmland in order to prevent diversion, minister J P Nadda informed Rajya Sabha on Tuesday. The move is significant given the high use in farming of chemical nutrients, which is also affecting…
$20Bn New Threshold For Local IPOs, Says JP Morgan I Deals Worth $23-25Bn This Yr MUMBAI: New-age companies are revving up India’s hot IPO market which is set to close the year with an estimated $23-$25 billion worth of deals, higher than the tally of $21 billion last year, bankers at J P Morgan said…
Intel CEO Lip-Bu Tan met Prime Minister Narendra Modi, pledging the chip giant’s support for India’s Semiconductor Mission. Tan lauded the government’s comprehensive policy for semiconductor design and manufacturing. Prime Minister Modi expressed confidence that Intel’s involvement will foster an innovation-driven future for India’s youth, creating a robust electronic component ecosystem. NEW DELHI: US computer…