Business

Demand for rare earth permanent magnets in India is projected to double by 2030. Stressing on the importance of self-reliance, Union Minister of Mines and Coal G Kishan Reddy on Thursday said that India aims to begin domestic production of rare earth permanent magnets by year-end through collaboration with private industry.Reddy stressed on the strategic…

After days of heavy selling in IT shares, Tata Consultancy Services offered investors a glimmer of relief on Thursday, with its shares trading in the green, rising almost 2%. The rise comes after Tata Group IT arm announced a strategic alliance with OpenAI to build artificial intelligence infrastructure in India and roll out joint market…

Gold and silver price prediction: Gold may extend its rally to the Rs 1,63,000 per 10 grams mark and silver has managed to sustain support, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX Gold has been moving in a consolidation phase after…

The Income Tax Department has flagged cases involving non-disclosure of overseas assets and foreign income. (AI image) Income Tax Notice alert! The Income Tax Department is cracking down on alleged misreporting of income by senior executives across multinational companies and startups. Several such executives earning over Rs 50 lakh have received tax notices from the…

Gold rose and hovered once again around 5,000 driven by renewed geopolitical tensions and a rebound after a sharp fall at the start of this week. Also a dip buying ahead of the Federal Reserve meeting minutes was seen, while mixed economic data kept the fed officials bias also divided. Prices are steady in the…

Stock market today (AI image) Stock market today: Indian equity benchmarks are slowly inching upwards, with Nifty50 and BSE Sensex opening in green after three days of gains. While Nifty50 was above 25,850 in early trade, BSE Sensex rose over 100 points. At 9:18 AM, Nifty50 was trading at 25,861.55, up 42 points or 0.16%….

ICAI president Prasanna Kumar D New Delhi: The Institute of Chartered Accountants of India (ICAI) has set up a special group within its Financial Reporting Review Board to fast-track high-profile cases, the regulatory agency’s president Prasanna Kumar D said. “… more than 10 to 15 cases are there which have public interest. These cases will…