Thursday, July 30, 2026

Business

LPG subsidy bill races beyond budget, may hit Rs 1 lakh crore this fiscal

The government's spending on LPG subsidies could climb past Rs 1 lakh crore in FY27, far exceeding the Rs 30,000 crore set aside in the Union...

Shipping via Hormuz disrupted, Iran could tell Houthis to shut Bab al-Mandab: Why the narrow waterway matters

Tehran has told Yemen's Houthi rebels to be ready to close the Bab al-Mandab Strait if the...

Why India’s first hydrogen train is special – explained

With the launch of a hydrogen train, India has undoubtedly taken a big leap in the...

Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

Asian equities tumbled in red on Friday as concerns over artificial intelligence led stocks deepened,...

Gold price prediction: Is it time to buy gold on dips? Check July 17, 2026 outlook

From a technical perspective, the 8-period EMA has started turning higher and is attempting to cross...
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Zijin Mining seeks $1.5 billion from convertible bonds as gold surges| Business News

Zijin Mining Group Co. has raised $1.5 billion from the sale of bonds that can be converted into stock as the price of...

Musk meets Musk: SpaceX explores mergers with Tesla or xAI; $50 billion IPO in focus

SpaceX is exploring potential mergers with Tesla Inc or artificial intelligence startup xAI, as Elon Musk considers ways to consolidate his...

Big win for taxpayer: ITAT scraps Rs 7 Crore income addition based on loose papers | Personal Finance News

New Delhi: In a major relief for taxpayers, the Income Tax Appellate Tribunal (ITAT), Mumbai has ruled in favour of a Pune-based individual...

Amazon cutting 16,000 jobs in latest layoff round, employees from India among those hit: Report| Business News

Amazon announced on Wednesday that it will cut 16,000 corporate positions, marking the company's second major layoff in the past four months. The...

Rupee recovers 9 paise to 91.90 against US dollar amid falling oil prices

The rupee bounced back on Friday morning, gaining 9 paise to trade at 91.90 against the US dollar. This recovery was...

Sensex, Nifty post losses as metal index plunges over 4% | Economy News

Mumbai: The Indian equity markets traded lower early on Friday as the metal stocks plummeted under pressure.  As of 9.30 am, Sensex eased 525...
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