Gold has witnessed a modest decline lacking bullish conviction amid mixed cues as USD strength persists ahead of the US Fed decision. (AI image) Gold price prediction today: Gold prices lack an immediate bullish bias, though the current phase is more consolidative than corrective, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi…
NEW DELHI: Amid instances of fatal fires in sleeper coach buses, National Human Rights Commission (NHRC) has directed all chief secretaries to take immediate action, including to recall buses flouting mandatory safety norms and carry out rectifications. These include removing the partition between driver and passenger section, installation of fire detection and suppression system (FDSS)…
Digital asset treasuries (DATs) were among the most visible corporate phenomena of the last bull cycle. Built on the premise that holding bitcoin BTC$85,846.82 on the balance sheet was itself a value-generating strategy, many attracted strong market premiums simply by accumulating BTC faster than competitors. But as valuations normalize and net asset values (NAVs) tighten,…
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Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, opened in red on Friday. While Nifty50 went below 25,300, BSE Sensex was down over 500 points. At 9:16 AM, Nifty50 was trading at 25,274.65, down 144 points or 0.57%. BSE Sensex was at 82,056.49, down 510 points or…
Tobacco products and pan masala products are set to face a new tax structure from February 1. This comes as the Centre rolls out additional excise duty and a health cess, above the current GST rates. The new structure will replace the compensation cess which is applied on ‘sin goods.’Tobacco and allied products will now…
Mumbai: The board of the National Stock Exchange (NSE), the biggest stock exchange in India in terms of turnover and number of trades, on Friday gave its nod for the exchange to go for its long-awaited public offering. The NSE IPO will be an offer-for-sale. Currently, LIC, with a 10% stake in the bourse, is…
Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…
Mamata with nephew Abhishek at the protest site in Kolkata on Friday KOLKATA: Bengal CM Mamata Banerjee began her sit-in Friday, alleging a “BJP-EC conspiracy to disenfranchise Bengali voters” through SIR of the electoral roll, and said the upcoming assembly polls would be a farce if genuine voters are not allowed to vote.To back her…
Stock market traded in red on Friday, as NSE benchmark Nifty50 remained below 26,000 levels and BSE Sensex tanked over 400 points. Nifty50 trimmed 130 points or 0.50% to reach 25,746. BSE benchmark Sensex also dipped 433 points to 83,747 at 12:11 pm. Benchmark indices opened lower amid concerns over the US threat of imposing…
