Bullion hits new highs: It was a shiny session for precious metals on Friday, with gold and silver scaling fresh lifetime highs as investors rushed to the safety of bullion amid expectations of US interest rate cuts and rising global tensions.Silver led the rally, extending gains for a fifth straight session. On the Multi Commodity…
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NEW DELHI: Is the Congress decision to go solo in West Bengal a bold political move with the party’s long-term gains in mind? Or is it a move fraught with political risks in a state where the grand-old party has been literally wiped out from the ground? The Congress, which faces an existential crisis in…
NEW DELHI: Supreme Court struck down Wednesday the Tribunal Reforms Act as unconstitutional and slammed the central govt for its repeated attempts to override SC’s consistent rulings to shield the judicial independence of tribunals, which decide disputes in a gamut of regimes – taxation, environment, electricity, telecom and real estate. Days before his retirement, a…
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The government’s stake sale in Bharat Heavy Electricals Ltd (Bhel) was oversubscribed two times on the first day, with institutional investors placing bids worth over Rs 5,650 crore on Wednesday.Institutional investors bid for more than 22.07 crore shares at an indicative price of Rs 256.07 per share, against about 9.40 crore shares on offer under…
NEW DELHI: Virtually ending speculation over any revival of the Bharatiya Janata Party’s alliance with the Shiromani Akali Dal, Union home minister Amit Shah on Saturday declared that the BJP will contest the 2027 Punjab Assembly elections on its own and seek to form its own government in the state.Addressing the party’s “Badlav” rally at…
India’s long-term economic outlook could fundamentally reshape the corporate landscape over the next two decades, Motilal Oswal Financial Services has said in a new report, identifying 30 companies it believes are best placed to benefit from what it calls the country’s “next multi-decade growth era”, ET reported.The brokerage expects India’s GDP to rise from $4…
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