Business

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…

MCX Gold prices are showing a firm bullish undertone, and the current market structure suggests the potential for further upside. (AI image) Gold and silver price prediction today: Gold and silver are exhibiting signs of bullish breakout, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold…

US President Donald Trump on Wednesday (local time) launched the “Trump Gold Card,” offering legal status and an eventual pathway to United States citizenship for individuals and corporations willing to make large financial contributions.Announcing the rollout on Truth Social, Trump wrote, “The United States Government’s Trump Gold Card is here today! A direct path to…

Asian markets traded higher on Thursday after the US Federal Reserve delivered its third consecutive interest rate cut, although gains were capped as policymakers hinted they could slow the pace of future reductions.The latest quarter-point cut, bringing borrowing costs to their lowest level in three years, had already been widely expected. Investors, however, drew comfort…

Most experts believe that a rate cut by the US Federal Reserve is a positive signal for the Indian markets. (AI image) The US Federal Reserve cut the benchmark rate by 25 basis points in the latest monetary policy review. A split US Federal Reserve announced its third successive interest rate cut of the year,…

The US Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data caused by the recent govt shutdown and work through competing views about the risks facing the economy. The anticipated quarter percentage point cut may come with a non-committal approach to next year’s rate path given…

Supply Chain Automation, Robotics Won’t Lead To Fall In Employment: Sr V-P Madan NEW DELHI: Amazon may not have been the quickest of the block in rolling out 10-minute delivery in India, but it is taking the model to serve its customers in other parts of the world.“We have launched Amazon Now in UAE, Egypt…

India’s mutual fund assets under management (AUM) are projected to exceed Rs 300 lakh crore by 2035, while direct equity holdings are expected to reach Rs 250 lakh crore, signaling a major shift in the country’s investment landscape, according to the How India Invests 2025 report by Bain & Company in partnership with Groww.Mutual fund…

IndiGo’s chairman, Vikram Singh Mehta, apologized for recent flight disruptions, denying they were deliberate. He stated external experts will identify root causes to prevent future chaos. Mehta clarified that the airline followed new pilot rest rules and did not compromise safety. A combination of internal and external factors, not intentional actions, pushed systems beyond limits,…

US President Donald Trump (PTI photo) US President Donald Trump on Wednesday unveiled what he called the “Trump Gold Card,” announcing that people will be able to apply for Gold Card citizenship starting Wednesday afternoon. In a post on Truth Social, Trump promoted the new immigration pathway, saying, “THE UNITED STATES GOVERNMENT’S TRUMP GOLD CARD…