News / Business
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BusinessGold prices surge ₹3,300, cross ₹1.5 lakh per 10 grams again
Gold of 99.9 per cent purity climbed ₹3,300, or 2.2 per cent, to ₹1,50,800 per 10 grams (inclusive of all taxes), up from Thursday's closing level of ₹1,47,500 per 10 grams.
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BusinessNirmala Sitharaman invites French investment in India's Viksit Bharat 2047
Indian Finance Minister Nirmala Sitharaman highlights opportunities in clean energy, healthcare, digital infrastructure and finance during India-France business roundtable in Paris.
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BusinessEPF rule change: Contributions above ₹1,800 now voluntary under new scheme
Labour Ministry introduces flexibility in EPF contributions with new scheme
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BusinessUS hiring slows to 57,000 in June amid elevated inflation and global uncertainty
The Labour Department said the unemployment rate fell to 4.2 per cent from 4.3 per cent in May, though the decline was largely due to fewer people actively seeking work.
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BusinessGold prices jump ₹3,000 to ₹1.47 lakh/10 gm as weak US dollar lifts demand
Silver extended its upward trajectory for the third consecutive session, rising ₹5,000 to ₹2,40,000 per kilogram.
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BusinessWhatsApp issues FAQ on username feature amid fraud concerns
The FAQs say usernames will be optional, cannot be searched by strangers, and that users can add an additional 'username key' requiring both the username and the key before someone can contact them.
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BusinessWorld Bank upgrades Sri Lanka to upper-middle-income economy after 2022 crisis
The World Bank has four country income classifications: high, upper middle, lower middle, and low. The milestone serves as a symbolic marker of the nation's economic rebound following its recent financial crisis.
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BusinessStock markets rally in early trade as crude oil prices decline further
BSE Sensex climbed 377.40 points to 77,269.54 and NSE Nifty rallied 106.70 points to 24,113.25.
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BusinessUS delists four Indian companies from Russia-related sanctions
US accused the companies of supplying advanced technology and equipment for Russia's military-industrial base.
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BusinessEU targets cheap Chinese imports and steel as trade tensions deepen
The Commission said new rules on steel imports are designed to protect EU plants and jobs from “the damaging impacts of global overcapacity” on “a strategically crucial European industry.”
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BusinessFSSAI issues notices to Red Bull, PepsiCo India, four others over ‘energy drink’ claims
FSSAI said it has not notified any standard for "energy drink" or similar products.
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BusinessGold declines ₹1,300 to ₹1.44 lakh/10g in Delhi
In the international markets, spot gold slipped $21.75, or 0.54 per cent, to $3,986.07 per ounce, and silver declined 1 per cent to $58 per ounce.
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BusinessUS government lifts export controls on Fable and Mythos AI Models: Anthropic
The company stated so in a post on X.
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BusinessIndia hikes windfall tax on petrol, cuts levy on diesel, ATF exports
The ministry also said that there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption. The windfall tax was levied to increase domestic availability of the fuel amid the war in West Asia.
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BusinessRBI flags growing stress in booming private credit market
"It is difficult to identify and assess the interlinkages between these entities because of the opacity of these markets and the presence of multiple participants with varying levels of leverage," the report said.
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BusinessNHAI to empanel IITs for independent proof-checking of major bridge designs
The National Highways Authority of India will empanel IITs to independently verify the design of major bridges, aiming to strengthen safety and quality standards.
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BusinessOil price surge could increase rupee volatility, RBI cautions
It also emphasised that, though headwinds from the West Asia conflict are receding with the signing of the interim peace deal, the Indian economy and financial system remain susceptible to geopolitical tensions and associated shocks.
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BusinessIndia extends duty-free imports of key petrochemicals amid West Asia tensions
The full customs duty waiver on about 40 critical petrochemical products provided on April 2 was a "temporary and targeted relief", and was set to lapse on June 30.
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BusinessGold declines ₹800; silver rebounds ₹6,000 in Delhi
Silver, however, staged a sharp rebound, snapping a four-session losing streak, rising by Rs 6,000 to Rs 2,30,000 per kilogram
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BusinessWorld’s largest shipping co MSC to buy 49% in Adani's Vizhinjam port for $1.4bn
The strategic collaboration represents the single largest foreign private investment in Indian port infrastructure and cements Vizhinjam’s emergence as a dominant transshipment gateway in the Indian Ocean region, APSEZ said in a statement.