Gold and silver prices saw a strong jump on Thursday, tracking global uncertainty and renewed safe-haven demand. On the Multi Commodity Exchange (MCX), gold futures rose by Rs 3,012, or…
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Rupee nears 95 against US dollar: Why is it falling and how does it impact you?
The rupee has quietly become one of the clearest indicators of stress in the economy. On Friday, it slipped past Rs 94.7 against the US dollar, its weakest level yet.…
India an ‘oasis’ of energy security amid global crisis, says Hardeep Singh Puri
India has managed to stay insulated from the global energy crisis triggered by the ongoing West Asia conflict, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said, highlighting that…
Could crude oil at $150 trigger a recession? BlackRock CEO Larry Fink answers
BlackRock CEO Larry Fink has warned that crude oil prices could rise to as high as $150 a barrel, a move that may push the global economy into a recession.…
Anthropic eyes $60 billion IPO: Here’s all you need to know
Artificial intelligence (AI) giant Anthropic, the company behind the Claude chatbot, is considering a potential initial public offering that could raise up to $60 billion, with a listing being discussed…
Rupee at record low as it slips past 94 mark against US dollar
The rupee fell to a record low on Friday, slipping past the 94 mark against the US dollar, as concerns around the ongoing Middle East war continue to weigh on…
Will petrol, diesel prices fall after government cuts excise duty by Rs 10?
The government’s decision to by Rs 10 has raised expectations of relief for consumers, but a fall in retail fuel prices is far from certain. The excise duty on petrol…
Government cuts excise duty by Rs 10 on petrol and diesel
Government cuts excise duty by Rs 10 on petrol and diesel This is a developing story. It will be updated. Source
Saudi oil flows to India and China likely to dip next month: Report
Saudi Arabia’s oil shipments to its biggest Asian buyers, China and India, are likely to fall next month, as continues to disrupt supplies, reported Bloomberg. Saudi Aramco, the world’s largest…
India has 60 days of oil stock, no supply gap: Government
India currently has enough oil stock to meet its needs for nearly two months, the government has said, offering reassurance amid ongoing tensions in West Asia. Officials made it clear…