A soft CPI or a dovish tone from Warsh could take gold towards $4,220-4,310. Gold price prediction today: Gold prices are likely to trade cautiously with no clear catalyst for a big rise, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is her outlook:Gold has had a…
The bench examined the additional evidence submitted by the man, including banking records and documents. (Image for representative purpose only) A man bought a residential property along with his wife and father. However, he did not file his income tax return for the year.The tax department opened his case for reassessment and adding Rs 55.2…
Indian shares are set for a muted opening on Wednesday after rallying in the previous session, as rising oil prices and sustained foreign fund outflows weighed on investor sentiment amid the ongoing corporate earnings season. GIFT Nifty futures stood at 22,764 at 7:50 am IST, signalling a muted start for the Nifty 50, which closed…
S&P global chief economist Paul Grunwald was in India and spoke to TOI about the inflation challenge, the China shadow on manufacturing and large tech companies impacting bond yields. Excerpts:What is driving global growth amid the headwinds?It’s mostly the AI revolution. People are doing historical analysis of big Investment waves, canals, railroads, and this is…
Oil prices rise to to $106.58 a barrel (AI-generated image) Oil prices rose on Wednesday as traders weighed the risk of supply disruptions from escalating attacks by Yemen’s Iran-aligned Houthi rebels on Saudi Arabia against expectations of increased Russian diesel exports easing market tightness.Brent crude futures rose 89 cents, or 0.8%, to $106.58 a barrel…
BENGALURU: India’s smaller cities are emerging as bigger users of digital credit than metros, even as consumers remain far more comfortable using payment apps to make payments than to borrow money, a new study has found.About 60% of respondents in Tier-2 cities have used Buy Now, Pay Later (BNPL) services, compared with 45% in metros…
CHENNAI: Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032 to expand manufacturing, research and development, local sourcing and future mobility technologies, positioning the country as a key production and export hub.The investment was announced following a meeting between Hyundai Motor Group executive chair Euisun Chung and Prime Minister Narendra Modi…
MUMBAI: Sir Dorabji Tata Trust (SDTT) chairman Noel Tata and his son Neville Tata, who is also a trustee, have filed caveats in the Bombay High Court and the city civil court in response to complaints lodged by fellow trustees Venu Srinivasan and Vijay Singh before the Maharashtra charity commissioner. The complaints relate to the…
NEW DELHI: Tata Sons chairman N Chandrasekaran Tuesday said investments in semiconductors and electronics are important for India, businesses and the future, although they may not generate the numbers in two or three years.At a time when the salt-to-software conglomerate’s investments in some of these businesses have come under scrutiny, Chandra compared the foray into…
NEW DELHI: ReNew has secured a $100 million (nearly Rs 955 crore) financing facility from FMO, a Dutch entrepreneurial development bank, it said on Tuesday. Extended to ReNew Solar Power under the voluntary retention route, the 10-year facility will support renewable energy projects under construction across the ReNew group, it added. Source link
