By Noel John and Rajendra Jadhav April 10 (Reuters) – Gold demand in India picked up slightly this week ahead of a key festival, although elevated prices weighed on sentiment, while premiums in China narrowed as retail demand slowed. Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold is considered auspicious,…
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BofA analysts say Nifty still expensive relative to EM peers. Source link
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The Central Bureau of Investigation (CBI) has taken over the probe into the alleged misappropriation of more than ₹550 crore of Haryana government funds from IDFC First Bank and AU Small Finance Bank. CBI takes over ₹550 crore Haryana banking scam probe involving govt funds (Representative image) The federal agency registered a regular case (RC),…
April 10 (Reuters) – Indian shares are poised to open higher on Friday, supported by better-than-expected quarterly results from Tata Consultancy Services, even as concerns over the durability of a U.S.–Iran ceasefire may keep risk appetite in check. GIFT Nifty futures were trading at 23,909.50 as of 8:08 a.m. IST, indicating that the benchmark Nifty…
The two-week ceasefire window in the West Asia has helped New Delhi to intensify its energy security efforts in the Gulf region with petroleum minister Hardeep Singh Puri visiting India’s biggest natural gas supplier Qatar from Thursday, while external affairs minister S Jaishankar is heading to oil-rich United Arab Emirates on Saturday. A liquefied natural…
The proposed amendments to India’s Information Technology Rules, 2021, would formally bring Community Notes — the user-generated fact-checking tool on X — under the ministry of information and broadcasting’s regulatory remit when they touch news and current affairs, enabling the government to seek removal of content that corrects official claims, an official aware of the…
India’s boldest effort in a decade to support the rupee runs the risk of pushing away the global investors it’s spent years wooing. Source link
