Gold prices surged to a fresh lifetime high on Wednesday, tracking firm global cues amid rising expectations of interest rate cuts by the US Federal Reserve and heightened geopolitical tensions.On the Multi Commodity Exchange (MCX), gold futures for the February contract jumped Rs 932, or 0.65 per cent, to hit a record high of Rs…
World Liberty Financial will collaborate with Pakistan’s central bank to incorporate its USD1 stablecoin into a regulated digital payments framework. (AI image) Donald Trump’s family has just upped their stakes in Pakistan! World Liberty Financial, a cryptocurrency venture linked to US President Donald Trump’s family, has entered into an agreement with Pakistan. The development comes…
Wholesale prices increased in December, with inflation measured by the Wholesale Price Index (WPI) rising to 0.83%. This marks the second consecutive month of upward movement after two months of deflation, official data released on Wednesday showed. The return to positive inflation came after wholesale prices contracted in October and November, when WPI inflation stood…
The upcoming Union Budget offers a moment to consider how crypto taxation can better align incentives with outcomes. By Nischal ShettyCrypto taxation in India was introduced at a moment when digital assets were gaining rapid adoption, but regulatory clarity was still evolving globally. In the Union Budget of 2022, the government implemented a flat 30…
Gold price prediction today: Maneesh Sharma of Anand Rathi Shares and Stock Brokers sees the gold and silver price rally continuing amidst ongoing global economic and geopolitical uncertainty. Source link
Rupee started Wednesday on a weak note but recovered to gain 11 paise against the US dollar in early trade, buoyed by easing crude oil prices and a softer US currency in overseas markets. In the interbank foreign exchange market, the domestic unit opened weaker at 90.26 against the greenback but soon inched higher touching…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the equity benchmark indices, started Wednesday on a negative note, slipping in trade. While Nifty50 was near 25,650, BSE Sensex was down over 120 points. At 9:16 AM, Nifty50 was trading at 25,679.65, down 53 points or 0.20%. BSE Sensex was at 83,500.40,…
Bengaluru: TCS’s performance in the December quarter came in below analysts’ expectations on both revenue growth and earnings (Ebit) margins. Despite global uncertainty weighing on spending, demand for tech-led transformation remains resilient. In an interview with TOI, CEO K Krithivasan and CHRO Sudeep Kunnumal discussed the demand environment, hiring outlook, and the trajectory of its…
Representatives of Venezuela’s state oil company PDVSA said Tuesday they had appealed the US-forced sale of its prized Houston-based subsidiary Citgo to pay off creditors.Citgo is in the crosshairs of creditors seeking the settlement of debts in excess of $20 billion that cash-strapped Caracas has been unable or unwilling to pay.In late November, a Delaware…
File photo (Picture credit: ANI) India’s telecom industry body COAI has asked the government to reduce regulatory levies and ease Goods and Services Tax (GST) norms in the upcoming Union Budget, arguing that high statutory payments continue to strain the sector’s finances.The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel…
