Gold and silver rate today: Silver surged to a record high of Rs 1,04,100 per kg in Delhi markets on Thursday, while gold prices also firmed up sharply, driven by strong global cues and a weaker dollar.According to the All India Sarafa Association, silver prices continued their rally for the fourth straight session, jumping Rs…
Tesla shares plunged over 8% on Thursday as tensions between US President Donald Trump and Tesla CEO Elon Musk escalated, leaving investors concerned about the future of Musk’s vast business empire. The sharp decline was triggered instead by a bitter public spat between the two high-profile figures. Musk criticised the president’s recent tax bill, describing…
Chenab bridge, set to be inaugurated by PM Narendra Modi, is a breathtaking sight! This Indian Railways bridge is also the world’s highest railway arch bridge. An engineering marvel, the Chenab river bridge forms a crucial link on the Udhampur – Srinagar – Baramulla Rail Link Project, finally connecting Kashmir to the rest of the…
The National Company Law Tribunal (NCLT) halted proceedings on insolvency pleas by three Ireland-based lessors over a Rs 77 crore default, after SpiceJet raised a legal validity issue.The tribunal has asked three aircraft lessors of SpiceJet to submit a valid Power of Attorney (PoA) to continue insolvency proceedings against the airline, after it was pointed…
ECB President Christine Lagarde (AP) The European Central Bank lowered its key interest rate by 25 basis points on Thursday, citing growing uncertainty from US trade threats and slowing eurozone momentum.In its eighth consecutive rate cut, the ECB reduced its benchmark rate to 2%, down from a recent high of 4%, as policymakers attempt to…
US stocks traded slightly higher Thursday as investors awaited key employment data, while fresh signals of labour market softness stoked expectations of a rate cut later this year.The S&P 500 rose 0.2% in early trading, while the Dow Jones Industrial Average was up 48 points, or 0.1%. The Nasdaq composite also gained 0.2%. Investors are…
AI image means for representation only Silver prices surged past $35 per an ounce on Thursday, buoyed by currency weakness, industrial appetite and safe-haven flows, with analysts suggesting the rally may not be over yet.Silver prices crossed the $35 mark per ounce and hit their highest level since March 2012, lifted by a mix of…
With demand softening and input costs rising, the consumer goods giant looks to streamline operations and exit select markets in the coming years. Procter & Gamble plans to lay off as many as 7,000 employees — about 6% of its global workforce — over the next two years as part of a sweeping cost-cutting drive…
Supported by easing oil prices and firm domestic equities, the rupee reversed a two-day losing run to settle marginally higher even as traders stayed cautious ahead of the RBI’s rate decision.The rupee closed 7 paise stronger at 85.80 against the US dollar on Thursday, snapping a two-session slide as positive cues from Asian currencies and…
As domestic money cushions corrections, veteran sees index doubling twice; points to compounding, macro strength and rising retail depth.The Indian equity market’s surprising ability to recover from every correction is no accident, says veteran investor Raamdeo Agrawal, who attributes the trend to the sustained flow of domestic capital. This resilience, he believes, will underpin a…
