Business

Experts say gold prices in India are falling due to global factors, particularly US economic data releases that have raised expectations of fewer rate cuts by the Federal Reserve. At the end of last month Rs. After hitting an all-time high of 81,000, gold prices in India fell significantly to Rs. 75,790 per 10 grams … Read more

Billionaire entrepreneur Elon Musk will lead DOGE along with former GOP presidential candidate Vivek Ramaswamy. The Department of Government Efficiency (DOGE), co-chaired by Elon Musk and Vivek Ramaswamy, has invited applications from candidates to work with the newly created US department under Donald Trump’s second term as US President. The vacancy requires “high-IQ small-government revolutionaries … Read more

Sound economic fundamentals, including healthy corporate and bank balance sheets, strong external position and adequate forex reserves bode well for the growth outlook, says Moody’s. Moody’s Ratings said on Friday that the Indian economy is in a sweet spot with a mix of solid growth and moderate inflation. It forecasts 7.2 percent GDP growth for … Read more

The NCR market will continue to outpace other Tier 1 cities and see more investment and expansion from branded developers. (Rep/PTI file) Housing prices in the Delhi-National Capital Region (NCR) have increased by 137 per cent in the last 5 years, with Noida, Gurugram, Ghaziabad and Greater Noida seeing prices more than double between September … Read more

Hyundai Motor Company has made a groundbreaking decision by appointing José Muñoz as its new Chief Executive Officer (CEO), effective January 1, 2025. This historic move marks the first time a foreigner will lead the South Korean automotive giant since its inception, highlighting a significant shift in the company’s leadership strategy aimed at enhancing global … Read more

State Bank of India has hiked the MCLR twice in the recent past. Country’s largest lender State Bank of India (SBI) has hiked funds-based lending rate (MCLR) by 5 basis points for several periods effective from Friday. The move comes even as interest rates have started to fall around the world and the RBI is … Read more

N Chandrasekaran, the Chairman of Tata Sons, recently shared his insights following the merger of Air India and Vistara, which was officially completed on November 12, 2024. This significant event marks a pivotal moment in the transformation of Air India into a “world-class global airline with an Indian heart.” In his LinkedIn post, Chandrasekaran expressed … Read more

The decline in Aadhaar-based digital payments, specifically through the Aadhaar-enabled Payment System (AePS), has raised concerns about financial inclusion in India. This system, which allows users to authenticate transactions using their Aadhaar number and biometric data, has seen a significant drop in both transaction value and volume over the past few years. Over the past … Read more