Business

With Vande Bharat sleeper trains, newer versions of Amrit Bharat Express, passengers can hope for better travel experience in the coming years. Train travel in India is a vibe, with Indian Railways transporting millions of passengers. With the launch of the Vande Bharat Express trains a few years ago, Indian Railways has aimed to change…

Most US stocks rose on Tuesday as softer retail sales and mixed producer-price data kept alive expectations of another Federal Reserve rate cut in December, even as a sharp fall in Nvidia weighed on the Nasdaq.The S&P 500 inched up 0.1% in early trade, with four out of five stocks in the index gaining. The…

Bitcoin’s steep fall over the past few weeks has raised fears of a deeper slump, with Deutsche Bank outlining five major factors behind the decline.Analysts at the bank said they are unsure whether the cryptocurrency will stabilise soon, warning that the latest downturn is different from earlier crashes dominated by retail speculation. Risk-off mood hits…

Kyrgyzstan has arrested the Chinese chief executive of a gold mining company accused of causing “large-scale” environmental damage, marking a sharp escalation in local scrutiny of Chinese investment in the Central Asian nation.The Chinese national, who heads Kemin Resource Group, was detained last Thursday for allegedly damaging thousands of square metres of land and providing…

Gold prices surged on Tuesday in the futures trade, tracking firm global cues as expectations of a US Federal Reserve rate cut next month gained further momentum after dovish comments from top officials. The optimism pushed bullion higher for the third straight session, with traders increasing their bets on easier monetary policy.On the Multi Commodity…

India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted by…

Household spending habits in India are undergoing a clear transformation, with families moving away from basic essentials and channelling more money into asset-building purchases, according to a new survey by the Economic Advisory Council to the Prime Minister. As per news agency ANI, the report shows that categories such as Personal Goods and Cooking &…

Piyush Goyal meets Pharma stakeholders to push innovation (Picture credit: X/@PiyushGoyal) Union minister of commerce and industry, Piyush Goyal, held a key interaction with stakeholders from India’s pharmaceutical sector, focusing on strengthening industry growth and regulatory reforms. The minister highlighted discussions on innovation, data protection frameworks, investment commitments, and opportunities to scale manufacturing in India.In…

In the very short-term, spot gold will move as per the shifts in the December Fed rate cut probability. (AI image) Gold price prediction: Gold prices are likely to be influenced by the buzz around the prospect of the US Federal Reserve cutting rates in the coming reviews, says Praveen Singh, Senior Fundamental Research Analyst-…

Emkay Global has downgraded ACC to sell due to weak margin trends and slower capex execution with the target price cut sharply to Rs 1,600 from Rs 2,280. Analysts said that ACC’s valuation revised to 7x EV/EBITDA (economic value/earnings before interest, taxes, depreciation and amortisation from 9x given deteriorating fundamentals. They have cut ACC’s FY27…