Gold muted on US Fed policy tightening bets, decline in oil
Business Lineby Reuters·17d ago
Highlights - Oil slips as Iran says it is open to diplomacy to end the war - Inflation pressures raise prospect of Fed rate hike - US business activity at more than five-year high Gold on Thursday...
Indian retailers put backend tech ahead of AI bells as ₹215-lakh-crore market beckons
Business Lineby Amit Vijay Mohile·17d ago
India’s retail market could more than double to ₹210–215 lakh crore by 2035, triggering a new technology investment cycle as retailers spend to handle more stores, products, and digital orders.
India should recycle copper as a strategic intervention, says global copper body’s Indian arm
Business Lineby Subramani Ra Mancombu·17d ago
India should recycle copper as a strategic intervention and promote recycling it to keep more stocks of the red metal in the years to come, the International Copper Association India (ICAI)...
OpenAI agent hacked into government website, says Australian PM
Business Lineby Reuters·17d ago
An OpenAI artificial intelligence agent hacked into an Australian government website and accessed non-public data, Australian Prime Minister Anthony Albanese said, in what seems to be the first...
India proposes 50-metre junk food sales restrictions near schools
Business Lineby Reuters·17d ago
India is moving closer to new regulations to restrict the sale of foods high in fat and sugar within a 50-metre radius of schools, the latest proposal to cut the consumption of junk food in a...
Morgan Stanley employee accidentally leaks bank’s Asia investment pipeline details
Business Lineby Bloomberg·17d ago
A Morgan Stanley employee accidentally leaked an internal document listing more than 100 investment-banking deals the firm is pitching and monitoring in Asia, revealing details of the bank’s...
NSE share price rises over 5% after near-flat listing
Business Lineby Madhu Balaji·17d ago
Shares of National Stock Exchange of India (NSE) rose 5.2 per cent on Thursday after making a near-flat debut on the BSE.
Indian govt bonds plummet as US Treasury yields spike, traders raise RBI rate hike bets
Business Lineby Reuters·17d ago
Indian government bonds plunged in early deals on Thursday, tracking a spike in US Treasury yields and higher oil prices, which have strengthened bets that the local central bank will adopt a...
Moneyview mobilises ₹327.5 crore from anchor investors ahead of IPO
Business Lineby PTI·17d ago
Digital lending platform Moneyview on Wednesday raised ₹327.5 crore from anchor investors ahead of the opening of its ₹1,092-crore initial public offering (IPO).
Why PB Fintech, HDFC Life, SBI Life, ICICI Pru, LIC stocks in focus after IRDAI reform
Business Lineby Madhu Balaji·17d ago
Shares of insurance companies and financial stocks came under pressure on Thursday following a set of proposed insurance distribution reforms by the Insurance Regulatory and Development Authority...
Sensex, Nifty slide over 0.8% as rising crude, US bond yields rattle markets; financials lead losses
Business Lineby Anupama Ghosh·17d ago
Benchmark indices opened sharply lower on Thursday morning, with the Sensex falling 631.58 points, or 0.84 per cent, to 74,196.67 against its previous close of 74,828.25, after opening at...
Crude oil price falls as Iran signals diplomacy to end war
Business Lineby BL Mangaluru Bureau·17d ago
Crude oil futures traded lower on Thursday morning following a report that Iran favoured diplomacy to end the war with the US.
US and Indian top diplomats discuss Russia sanctions bill signed by Trump
Business Lineby Reuters·17d ago
US Secretary of State Marco Rubio and Indian Foreign Minister S. Jaishankar discussed on Wednesday US measures that could be leveled against countries that engage economically with Russia and Iran...
Monsoon update: East, Central India to see most rains in final weeks, El Niño to persist into 2027
Business Lineby ANI·17d ago
East and Central India are expected to receive most of the rainfall in the final weeks of the monsoon as it begins to withdraw from Northwest India, while El Niño has strengthened sharply and is...
RBI said to conduct at least $10 billion FX swaps to drain cash
Business Lineby Bloomberg·17d ago
The Reserve Bank of India (RBI) carried out currency swaps worth at least $10 billion in recent weeks to reduce liquidity in the financial system, according to people familiar with the...
Macquarie initiates coverage on NSE with ‘Outperform’, sets ₹1,965 target price
Business Lineby Madhu Balaji·17d ago
Global brokerage Macquarie has initiated coverage on NSE with an outperform rating and a target price of ₹1,965, ahead of the exchange’s listing on the market today.
EAM Jaishankar meets European partners at UNGA: Ukraine conflict, India-EU FTA, bilateral ties on agenda
Business Lineby ANI·17d ago
External Affairs Minister S Jaishankar held a series of bilateral meetings with his European counterparts on the sidelines of the 81st United Nations General Assembly (UNGA), with discussions...
US 30-year mortgage rate rises to 7.12%, highest in over two years
Business Lineby ANI·17d ago
The average US fixed 30-year mortgage rate jumped to 7.12 per cent, reaching its highest level in more than two years, according to Reuters.
Meta unveils new VR glasses with built-in AI, calls it the “most advanced device yet”
Business Lineby ANI·17d ago
Mark Zuckerberg-led Meta has unveiled “Meta VR Glasses,” which it describes as its “most advanced device yet,” combining built-in Meta AI with virtual reality capabilities in a pair of glasses...
Rupee faces pressure from oil, US yields; RBI deputy flags case for gains
Business Lineby Reuters·17d ago
The rupee is set to encounter headwinds on Thursday from a renewed rise in oil prices and a broadly firmer dollar on account of growing US rate hike expectations, while central bank intervention is...
Your filters hide everything on this page. Adjust them in preferences.