The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his…
Rupee jumps 26 paise against US dollar Rupee began Tuesday on a strong note, rising 26 paise to 94.96 against the US dollar in early trade, supported by robust domestic economic growth, containing fiscal slippage and portfolio-related inflows.Forex traders said the USD/INR pair appears to have found a strong near-term base around 95.10-95.20. MSCI-related inflows…
5-kg cylinder refill is now costlier by Rs 2 NEW DELHI: The prices of commercial Liquefied Petroleum Gas (LPG) cylinders and Aviation Turbine Fuel (ATF) have been increased from Tuesday, September 1.The latest hike reverses two consecutive months of cuts in commercial LPG rates and is likely to raise fuel costs for airlines and operating…
Top stocks to buy or sell on September 1, 2026 Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for September 1, 2026. Patanjali Foods has been identified as a…
Promoter to sell 22.1% stake for Rs 1,300 crore; combined entity to be 11th largest IT player BENGALURU: ITC Infotech is acquiring Ashok Soota’s Happiest Minds Technologies, creating a combined business that will be India’s 11th largest IT services player. Together, they will have revenue of Rs 7,033 crore and an employee strength of 19,000,…
Record 7.5cr ITRs submitted before deadline NEW DELHI: A record 7.5 crore income tax returns have been filed for Assessment Year 2026-27 so far, and the number was expected to rise further as the filing deadline was to end at midnight Monday for taxpayers with business or professional income who are not subject to audit….
Semicon 2.0: Government bets on advanced chips, talent NEW DELHI: India plans to train one lakh semiconductor design engineers over five years under Semicon 2.0, as govt looks to build a deeper talent pool alongside its push into advanced chip technologies and manufacturing. The skilling push builds on the first phase of the programme, under…
Maruti plans small EV push, targets wider charging infrastructure NEW DELHI: Maruti Suzuki is preparing to take electric vehicles into smaller car segments, but will wait for a wider charging network before expanding beyond its first EV, the e Vitara.The company’s MD and CEO Hisashi Takeuchi said at its annual general meeting that smaller electric…
India’s economy grows 7.8% in Q1, driven by manufacturing, services and robust domestic demand, moderating from 8.6% in previous quarter. NEW DELHI: The Indian economy grew 7.8% during April-June quarter (Q1) of the current financial year as strong growth sustained in the manufacturing and services sector along with robust domestic demand, offsetting the anticipated adverse…
NSE’s closing auction sees Rs 39,718 crore rush on first index rebalancing day The newly introduced closing auction mechanism saw its biggest test yet on Monday, with the National Stock Exchange of India Ltd (NSE) recording Rs 39,718 crore in turnover during the session as investors adjusted portfolios for the latest index changes.The turnover was…