Category: Business

Spot silver jumped 4.5% to $100.49 an ounce by 1649 GMT. (Unsplash)
Posted in Business

Silver prices hit $100/ounce for the first time, gold nears $5000 milestone| Business News

Silver prices rose above $100 an ounce for the first time ever on Friday, while gold hit another record en route to $5,000/ounce as investors…

Continue Reading
Nagpur: Union Minister of Road Transport and Highways Nitin Gadkari (PTI)
Posted in Business

Govt allots 30 GHz radio frequency for V2V safety tech: Nitin Gadkari| Business News

The Union government has earmarked 30 GHz radio spectrum for vehicle-to-vehicle (V2V) communication technology that would allow vehicles to exchange safety alerts without entering a…

Continue Reading
An IndusInd Bank branch in Connaught Place in New Delhi. (Bloomberg)
Posted in Business

IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down| Business News

IndusInd Bank Ltd. has appointed former State Bank of India MD Arijit Basu as chairman to replace Sunil Mehta whose term ends in January. An…

Continue Reading
The court also asked the airline to clarify if passengers who were being offered  ₹10,000 vouchers would be permitted to redeem them after the validity period expired (PTI)
Posted in Business

IndiGo working out compensation payouts| Business News

New Delhi: India’s aviation regulator told the Delhi high court on Thursday that it had issued warnings to IndiGo’s senior executives, including the chief operating…

Continue Reading
The Motorola Signature’s Pantone Martini Olive colour with its twill-inspired finish has a fabric-esque texture. (Vishal Mathur/ HT Photo)
Posted in Business

This reality check will worry every Android flagship| Business News

This may well be a pivotal moment for Motorola in India, as the smartphone maker is taking full advantage of the sales momentum, to build…

Continue Reading
The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee weakens to new record low of 91.81 as strong US dollar weighs| Business News

The Indian rupee plunged to a fresh all-time low today, as dollar demand from corporates and importers outweighed early moves and compounded existing pressure on…

Continue Reading
SEBI also accused a former Yes Bank board member of sharing price sensitive information enabling others to trade. (Mint)
Posted in Business

SEBI detects insider trading in Yes Bank shares during stake sale in July 2022| Business News

The Securities and Exchange Board of India, or SEBI, has accused current and former executives at the local units of Carlyle Group and Advent International,…

Continue Reading
A man walks past a logo of the Reserve Bank of India and the Indian Rupee inside the RBI headquarters in Mumbai. By selling US Treasury holdings, RBI can then use the funding to purchase rupees to strengthen its value. (Reuters)
Posted in Business

India offloads US bonds, piles up gold in pivot away from dollar assets| Business News

The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US…

Continue Reading
OpenAI is open to the idea of taking a share of customers’ AI-aided discoveries. (AP)
Posted in Business

A finder’s fee for success you found yourself| Business News

Amid all the attention trained at the artificial intelligence (AI) conversations in Davos, there is a mild sense of panic among the global AI adopters…

Continue Reading
Apple hardware chief John Ternus. (Reuters)
Posted in Business

Apple expands John Ternus role to solidify his status as CEO Tim Cook’s successor| Business News

Apple Inc. has expanded the job of hardware chief John Ternus to include design work, solidifying his status as CEO Tim Cook’s most-likely successor. Apple…

Continue Reading