In a first, gold breaches $5k/Oz, silver $110/Oz

Gold smashed through the $5,000-an-ounce threshold for the first time, extending a breakneck rally fuelled by US President Donald Trump’s reshaping of international relations and investor flight from sovereign bonds and currencies.Bullion jumped as much as 2.5% to more than $5,111 on Monday, as dollar weakness reinforced demand. A gauge of the greenback has fallen…

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‘Dollar assets gain favour among India’s wealthy as Rupee depreciates’

BENGALURU: India’s wealthy are increasingly looking to diversify into dollar-denominated assets, with some citing the GIFT City route as a preferred gateway to global investing, according to the India Luxury Residential Outlook Survey 2026 released by India Sotheby’s International Realty. A significant share of HNIs and UHNIs are concerned about the rupee’s depreciation against the…

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AI sends tech to top of pay charts: Report

NEW DELHI: Technology has emerged as the top paymaster across roles and levels in 2026, driven by deepening digitisation and a sharper focus on artificial intelligence among businesses. Tech and IT roles also dominate the top three salary brackets across levels, with all top 10 hot jobs being technology-led, the first time ever in recent…

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PVR INOX to sell snacks business to Marico

New Delhi: PVR INOX on Monday said it will divest its premium snacking business under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, a move aimed at reducing debt and sharpening focus on its core cinema operations. PVR INOX expects this deal to “be completed within 30…

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How to make ESOPs more valuable for startup staff

As India’s startup ecosystem matures, Employee Stock Option Plans (ESOPs) continue to be one of the most effective tools for attracting and retaining talent. For young companies operating with limited cash flows, ESOPs help balance ambition with affordability. However, how these stock options are taxed continues to play a decisive role in how valuable they…

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Budget expectations 2026: Experts urge government to share data for India-focused AI models

Representative image (AI) Ahead of the Union Budget, EY India’s Rajnish Gupta said that the government should release more public data to support India’s push for sovereign artificial intelligence. He added that it is key to building AI models that reflect the country’s cultural and linguistic diversity.Gupta, Partner with EY India’s Tax and Economic Policy…

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UAE firm Al Habtoor plans legal action against Lebanon over $1.7 billion investment losses

A Dubai-based conglomerate has said it will initiate legal action against Lebanese authorities, alleging losses of more than $1.7 billion following years of economic crisis, banking restrictions and political instability in Lebanon.The Al Habtoor Group said on Monday that its investments in Lebanon have suffered “severe and sustained harm” due to measures imposed by Lebanese…

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