Gold prices edged lower in the national capital on Tuesday, while silver held steady as buying activity remained muted in the domestic market.Traders said gold of 99.9% purity declined by Rs 200 to Rs 1,59,200 per 10 grams, inclusive of taxes, compared with its previous close of Rs 1,59,400 per 10 grams. Silver prices, meanwhile,…
After repeatedly soaring beyond the $100 per barrel mark amid the Middle East conflict, oil prices have finally begun to cool down, inching near the $75 level seen before the conflict. This week, for the first time crude since early March, crude prices have tumbled below $80 as hopes surrounding a potential US-Iran agreement lifted…
NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt finances and keeping inflation from rising, provided gains on crude hold.Policymakers are cautious while making any projections, given how the peace talks between…
MUMBAI: An uptick in inflation is starting to “take a toll” on consumers who are increasingly becoming more mindful in terms of spending, Procter & Gamble (P&G) India said on Tuesday, projecting short-term headwinds to growth amid macro-economic risks. “Inflation is all around us, across food, energy, healthcare and so many more areas of everyday…
NEW DELHI: CERT-In has issued new cybersecurity guidelines that will require technology vendors to adopt AI-assisted security testing, disclose critical vulnerabilities immediately and significantly accelerate patch deployment across India’s digital ecosystem.The framework applies to OEMs, software vendors, cloud service providers, managed service providers and other technology suppliers operating in the country. The move comes as…
MUMBAI: Reserve Bank of India has finalised its consumer protection framework under responsible business conduct guidelines, tightening rules on mis-selling, deceptive digital practices & unauthorised bundling, and shifting to a prescriptive regime.The directions impose a strict consent-capture and interface-design protocol, closing gaps left in the Feb 11 draft. According to the framework, banks must capture…
Shares of Elon Musk‘s SpaceX surged more than 14 per cent on Tuesday, pushing the company’s market valuation above that of Amazon and briefly ahead of Microsoft, as investors continued to pile into the newly listed stock.SpaceX shares were last trading at around $220, up 14.3 per cent on the day and more than 62…
NEW DELHI: Air India airlines on Tuesday announced their ‘basic fare option’ which will not include complementary meals on domestic flights. This decision comes as the airlines deals with rising operating costs and overall losses.The airline said the newly introduced Basic fare will be entirely optional, while passengers will continue to have access to the…
India is said to be exploring rare earth samples from Russia as it steps up efforts to diversify critical mineral supply chains away from China.State miner IREL is in talks with Rosneft on sourcing samples from the Tomtor deposit in Siberia, which the Russian oil major acquired last year. The discussions are being routed through…
The rupee ended 2 paise lower at 94.60 against the US dollar on Tuesday, breaking a two-session gaining streak despite easing crude oil prices and optimism surrounding a peace agreement between the United States and Iran.At the interbank foreign exchange market, the domestic currency opened at 94.69 against the greenback and moved in a range…
