Gold prices edged lower in the national capital on Tuesday, while silver held steady as buying activity remained muted in the domestic market.Traders said gold of 99.9% purity declined by Rs 200 to Rs 1,59,200 per 10 grams, inclusive of taxes, compared with its previous close of Rs 1,59,400 per 10 grams. Silver prices, meanwhile,…
NEW DELHI: CERT-In has issued new cybersecurity guidelines that will require technology vendors to adopt AI-assisted security testing, disclose critical vulnerabilities immediately and significantly accelerate patch deployment across India’s digital ecosystem.The framework applies to OEMs, software vendors, cloud service providers, managed service providers and other technology suppliers operating in the country. The move comes as…
MUMBAI: An uptick in inflation is starting to “take a toll” on consumers who are increasingly becoming more mindful in terms of spending, Procter & Gamble (P&G) India said on Tuesday, projecting short-term headwinds to growth amid macro-economic risks. “Inflation is all around us, across food, energy, healthcare and so many more areas of everyday…
MUMBAI: Yum Brands is selling struggling fast food chain Pizza Hut in a $2.7 billion deal to two entities, the American company said on Tuesday. As part of the transactions, the Pizza Hut business excluding Mainland China will be bought by private equity (PE) firm LongRange Capital for nearly $1.5 billion while the China operations…
Mumbai: The execution of the peace deal in West Asia, between US and Iran, lifted sensex on Tuesday, its fourth consecutive session of gains. The index closed 544 points up at 76,808 points. Dipping crude oil prices—as there are strong expectations that energy supply chains in the Persian Gulf region will be restored soon—was one…
India is said to be exploring rare earth samples from Russia as it steps up efforts to diversify critical mineral supply chains away from China.State miner IREL is in talks with Rosneft on sourcing samples from the Tomtor deposit in Siberia, which the Russian oil major acquired last year. The discussions are being routed through…
The rupee ended 2 paise lower at 94.60 against the US dollar on Tuesday, breaking a two-session gaining streak despite easing crude oil prices and optimism surrounding a peace agreement between the United States and Iran.At the interbank foreign exchange market, the domestic currency opened at 94.69 against the greenback and moved in a range…
NEW DELHI: Air India airlines on Tuesday announced their ‘basic fare option’ which will not include complementary meals on domestic flights. This decision comes as the airlines deals with rising operating costs and overall losses.The airline said the newly introduced Basic fare will be entirely optional, while passengers will continue to have access to the…
Benchmark equity indices Sensex and Nifty continued their upward momentum for the third consecutive session on Tuesday, helped by positive global market trends, foreign fund inflows and easing crude oil prices after the reported peace deal between the US and Iran, reported PTI.The 30-share BSE Sensex gained 544.15 points, or 0.71 per cent, to close…
File photo US President Donald Trump on Tuesday said Washington would soon be in a position to reimpose sanctions on Russian oil shipments after crude flows resumed through the Strait of Hormuz following a deal with Iran to end the Middle East conflict.Speaking on the sidelines of the G7 summit in France, Trump said, “Soon…
India’s rice stocks in government warehouses rose 15 per cent year-on-year to a record high at the start of June, while wheat inventories climbed to their highest level in five years following strong procurement from farmers, according to official data.State reserves of rice, including unmilled paddy, stood at a record 68.43 million metric tonnes as…
NEW DELHI: In late 2020, during a pandemic-induced gap period before starting their freshman year at Stanford, Aadit Palicha and Kaivalya Vohra incorporated Kiranakart Technologies in Mumbai. After a pivot from a traditional grocery aggregator model to a hyper-local dark store network in mid-2021, they chose to officially drop out of their deferred university seats…
