Business

Screen grab from X @AshwiniVaishnaw’s video The Mumbai-Ahmedabad Bullet Train project achieved its third mountain tunnel breakthrough in Maharashtra within five months, marking another milestone in the construction of India’s first high-speed rail corridor.The breakthrough took place in Dahanu taluka of Palghar district in Maharashtra.Union railway minister Ashwini Vaishnaw on Tuesday posted on X, “Mumbai-Amdavad…

Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link

According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks ending May 22. (AI image) Amid the ongoing US-Iran conflict, the Reserve Bank of India may have sold some of its gold holdings to protect foreign exchange reserves from the economic fallout of the Middle East situation,…

Oil prices increased slightly on Tuesday amid ongoing uncertainty over talks between the United States and Iran and speculation around the potential reopening of the Strait of Hormuz, one of the world’s most critical energy transit routes.Brent crude futures rose by 0.06% to $95.04 a barrel, while US West Texas Intermediate declined slightly by 0.18%…

MUMBAI: As the West Asia peace talks showed no meaningful progress, and fresh reports of flare-ups between the US and Iran emerged, crude oil prices jumped and weighed on investor sentiment on Dalal Street on Monday. With foreign funds continuing to sell Indian stocks, sensex slid 1,100 points from the day’s high to close at…

“Indian equity markets are expected to open on a negative note, with Gift Nifty trading at 23,260, down by 180 points. Asia-Pacific equities traded mixed in early trade following a volatile session on Wall Street, as strength in technology stocks was offset by persistent geopolitical uncertainties. In the previous session, The Nifty 50 remained under…

NEW DELHI: Industrial production growth slowed to 4.9% in April 2026 from 5.7% a year earlier on account of a contraction in mining and quarrying and slowdown in other sectors. The statistics ministry Monday released the new IIP series, with 2022-23 as the base year (from 2011-12), updating the methodology and broadening the coverage of…

MUMBAI: Amid a sweeping restructuring at Tata Digital, Maya Tata, the daughter of Tata Trusts chairman Noel Tata, is exploring a move out of the company, said people familiar with the matter.Maya, 37, is weighing roles across several Tata Group companies, including Trent and Tata Consumer Products, with people saying she is favouring the listed…

BENGALURU: Nandan Nilekani turns 71 on Tuesday, and if all goes as per plan, Infosys shareholders will re-elect him as non-executive chairman for a third successive term at the company’s annual general meeting to be held later this month.Since his reentry into Infosys in 2017, after the tumultuous period under then CEO Vishal Sikka, things…

NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it…