Gold price prediction: Silver looks set to outperform gold in the current year. (AI image) Gold price prediction today: Gold rate is expected to see a limited upside in the short-term, feel analysts. As global trade tensions show signs of easing with progress on US-China trade deal talks, the safe haven appeal of gold is…
CHENNAI: Govt and industry’s efforts to extend natural rubber plantation to the northeastern states has started to bear fruit with the region’s (Tripura, Assam & Meghalaya) share in total production more than doubling to 17.5% in 2023-24 from 7.8% in 2013-14.Tripura’s rubber production has jumped to 91,500 tonne from 39,000 tonne in 10 years, data…
BENGALURU: Meesho formally transitioned into a public limited company, shows filings with the ministry of corporate affairs. The move came as the firm advanced its plan to shift legal domicile from the US to India and restructure operations under a single onshore entity. Meesho is preparing for a potential $1 billion IPO. Source link
A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury secretary Scott Bessent.US President Donald Trump said Friday he would name a successor “very soon” to replace Jerome Powell, whose term as Fed chair ends in May 2026. The…
NEW DELHI: In one of the first major companies to go for production cuts due to a shortage in rare earth magnet supplies from China, top carmaker Maruti Suzuki decided to cut back on the initial production schedule for its first electric car, the e-Vitara, by over two-thirds in the first half of this fiscal…
India will remain the fastest-growing major economy in 2025–26 with a projected GDP expansion of 6.3%, the World Bank said in its latest Global Economic Prospects report, while warning that rising global trade barriers and weaker demand from key export partners are likely to dampen external sector momentum.The projection for India remains unchanged from the…
HYDERABAD: Japanese life insurance player Dai-ichi Life Group has signed a multi-year agreement with French IT services major Capgemini to set up its first global capability centre (GCC) outside Japan in Hyderabad as part of efforts to accelerate its digital transformation globally.The GCC, set up on a build-operate-transfer model, was opened today at Capgemini’s facilities…
The Centre has approved a third electronics manufacturing cluster for Tamil Nadu, Union Minister Ashwini Vaishnaw said on Tuesday, reinforcing the state’s growing role in India’s electronics production landscape. The move aligns with Prime Minister Narendra Modi’s vision of making Tamil Nadu a major electronics manufacturing hub, he added.Vaishnaw, who holds the portfolios of Information…
India’s largest automaker Maruti Suzuki is slashing the production forecast for its upcoming electric SUV e-VITARA, amid a critical shortage of rare earth magnets, according to industry sources. The company now aims to roll out 8,000 units by September, down sharply from the originally planned 26,000+ units.The automaker, however, plans to meet its full-year production…
BENGALURU: Byju’s has sold its US-based subsidiaries, Epic and Tynker, as part of US bankruptcy proceedings, in what appears to be a fire sale. This marks the latest step in the Indian edtech company’s asset liquidation following its financial collapse. Epic was acquired for $95 million by the Chinese education firm TAL Education Group, while…
