Gold, Silver Rate Today Live Updates: Yellow metal steadies but remains on track for weekly loss; silver tumbles

Welcome to our Gold Rate Today live blog, where we bring you the latest updates on gold and silver prices from India and global markets throughout the day. Gold is trading cautiously after renewed military exchanges between the United States and Iran reignited inflation concerns and increased expectations that the US Federal Reserve could keep…

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Markets pare gains over late profit booking

MUMBAI: Equity benchmark indices pared more than half of their intraday gains on Thursday after profit booking in the final hours, even as sensex and Nifty had staged a sharp recovery earlier in the session on bottom fishing and positive cues from foreign institutional investors.After a 1,677-point fall on Wednesday, sensex opened higher at 76,576…

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Li-ion, electronics parts get customs duty waiver

NEW DELHI: In a bid to boost the domestic manufacturing of batteries and electronics goods, govt has waived basic customs duty on goods used in manufacture of display assemblies, lithium ion cell and inductor coil module.Among the three notifications issued by the finance ministry was one to exempt the basic customs duty (BCD) on the…

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Is AI affecting GCC pace? Govt to assess

NEW DELHI: Govt will assess whether the rapid adoption of AI is affecting pace of expansion of global capability centres (GCCs) in India, Electronics and IT secretary S Krishnan said on Thursday, while arguing that AI could ultimately help the country attract higher-value work.At a CII event, Krishnan said it was “time to start measuring…

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Centre looks to tap more global giants for GCCs

India having 5,000 GCCs by 2030 is realistic, achievable: Sitharaman NEW DELHI: India is planning to tap into the growing global capability centre (GCC) market to make itself indispensable to the world’s knowledge economy, as finance minister Nirmala Sitharaman Thursday reiterated that the goal of building an ecosystem capable of supporting around 5,000 GCCs by…

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TCS Q1 revenue rises 2.7%, company adds over 9,000 to workforce

BENGALURU: TCS reported June-quarter revenue of $7.6 billion, up 2.7% year-on-year and largely flat sequentially. This reflects a cautious demand environment as global firms reassess technology spending amid macroeconomic uncertainty and rapid AI-led transformation. Revenue in constant currency, which discounts the impact of currency fluctuations, grew 0.4% sequentially and 3.2% year-on-year.The company reported a 2.7%…

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US stock market today: Wall Street, oil prices steady after sharp swings yesterday

Investors assessed the latest developments following President Donald Trump’s remarks casting doubt on the temporary truce in the conflict with Iran. (AI image) Wall Street traded with little direction on Thursday, while oil prices remained relatively stable after the sharp volatility seen a day earlier, as investors assessed the latest developments following President Donald Trump’s…

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Strait of Hormuz toll proposal: What are the key waterways in the world & is there a fee to transit them?

Under international law, ships are generally entitled to transit passage through straits used for international navigation. (AI image) With the Strait of Hormuz now beginning to reopen, Iran and Oman — the two nations bordering the strait — have floated the idea of introducing a permanent fee system for ships using the passage.Until the US…

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