Business

[ad_1] Gold rate today post Operation Sindoor: Gold prices rallied sharply on Wednesday, jumping Rs 1,000 to cross the Rs 1 lakh per 10-gram mark in the national capital as escalating tensions between India and Pakistan prompted investors to rush toward safe-haven assets.According to the All India Sarafa Association, gold of 99.9% purity rose to…

[ad_1] The resilience of the Indian stock market is due to underlying economic strength. In contrast, the Pakistan economy is in a dire state. (AI image) Indian stock markets vs Pakistan stock markets – it’s a telling and contrasting story of strength and resilience versus jitters and weakness! In the last two weeks since the…

[ad_1] BENGALURU: India has overtaken the UK to become the largest market by customer count for small and medium enterprises-focused (SME) fintech platform Tide, according to global CEO Oliver Prill. “India is close to 7 lakh, the same as in the UK, and is now growing over that,” Prill said during an interview with TOI,…

[ad_1] Earlier this year, Reliance Jio and Airtel sealed deals to distribute Starlink’s satellite internet services. (AI image) Elon Musk-led Starlink has been issued a Letter of Intent by the Indian government for satcom services. SpaceX, established in 2002 by Elon Musk, the world’s wealthiest individual, has created Starlink, a satellite-based internet service. This American…

[ad_1] Aerospace companies are bracing for a potential escalation in trade tensions as the European Union prepares to target Boeing jets with retaliatory tariffs in response to existing US import duties on European goods, including Airbus aircraft, according to industry sources.The anticipated measures, expected to be announced Thursday by the European Commission, come as part…

[ad_1] US Federal Reserve Chair Jerome Powell (AP Photo) The US Federal Reserve, led by chair Jerome Powell, kept benchmark rate unchanged in 4.25-4.5% target range at the FOMCmeet on Wednesday. “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook…

[ad_1] Shares of Alphabet Inc., the parent company of Google, plunged more than 5% on Wednesday following revelations from a federal antitrust trial and developments tied to cybersecurity and energy infrastructure.As of 12:17 p.m., Alphabet Inc.’s Class C stock was trading at $151.41, marking a sharp decline of $13.79 or 8.35% for the day. At…

[ad_1] NEW DELHI: Business-to-business ride services company Routematic has raised $40 million in a funding round led by venture capital firm Fullerton Carbon Action Fund and Shift4Good, senior company officials said on Wednesday.The company plans to use the fund to strengthen its business matrix and expedite its journey towards public listing, Founder and CEO Sriram…

[ad_1] India, the world’s third-largest oil importer, is poised to save up to Rs 1.8 lakh crore on its crude oil and liquefied natural gas (LNG) import bill if the current trend of declining global energy prices persists, according to rating agency Icra.In the fiscal year ending March 31, 2025, India spent $242.4 billion on…

[ad_1] US stock markets opened modestly higher on Wednesday, with investors treading cautiously ahead of a critical Federal Reserve interest rate decision and renewed trade negotiations between the US and China. At 9:45 a.m. GMT-4, the Dow Jones Industrial Average (DJIA) rose 238 points or 0.58% to 41,067, while the S&P 500 gained 20.52 points…