Wednesday, August 12, 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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AI shift: SoftBank sells Nvidia stake for $5.8 billion; focuses on OpenAI after tripling first-half profit

Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial...

Mumbai Returns To Pre-Pandemic Investment Levels, Crosses USD 1 Billion Mark For 4th Straight Year | Economy News

New Delhi: Institutional investments in Mumbai's real estate market crossed USD 1.2 billion in the first nine months of 2025, making this the...

IndusInd Bank wants to claw back salaries of Sumant Kathpalia, Arun Khurana amid fraud probe| Business News

IndusInd Bank Ltd. has begun a process to claw back salary and bonuses from its former chief executive and his deputy, after an...

Festive hiring surge: Consumption sectors see 17% job growth; gig roles, female participation rise sharply

Hiring across key consumption-linked sectors in India rose by 17% year-on-year during August to October, fuelled by strong consumer sentiment, festive...

Insurers, NPS Invest Record High Rs 1 Lakh Crore In Indian Equities In 2025 | Economy News

Mumbai: Despite muted returns last year, domestic insurance companies and the National Pension System (NPS) invested over Rs 1 lakh crore in Indian...

SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move| Business News

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi...
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