[ad_1] The Bloomberg Billionaires Index estimates Sunil Mittal and his family’s net worth at $28 billion. Billionaire Sunil Mittal is looking to purchase a 49% stake in Haier Smart Home Co.’s Indian division, sources close to the matter indicate. This strategic move aims to capitalise on the increasing demand for household appliances in India.The founder…
[ad_1] Gold prices have tumbled almost 4% in the last two days to $3,311. (AI image) Gold rate today: Gold and silver prices experienced a decline due to profit taking as the dollar index strengthened. At MCX, Gold June futures initiated trading at Rs 96,020/10 grams, down by 0.15% or Rs 148.Similarly, silver July futures…
[ad_1] Gold rate prediction: Gold futures (MCX June 2025 contract) are currently trading in a consolidation phase. (AI image) Gold price prediction today: Where are gold prices headed? Should you buy gold or sell gold? What are the factors that will drive gold rates in the near future? Jateen Trivedi, VP Research Analyst – Commodity…
[ad_1] Market uncertainty is likely to continue as participants monitor ongoing developments between India and Pakistan. (AI image) Operation Sindoor impact on Indian stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Friday after continued escalation of tensions between India and Pakistan. While Nifty50 went below 24,150, BSE Sensex…
[ad_1] Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global capital flows. RBI announced it will remove both the short-term investment cap and the concentration limit that previously applied to FPIs investing through the…
[ad_1] BENGALURU: Netherlands-based global tech investor Prosus invested over $8.6 billion in India, making it one of its strategic markets, CEO Fabricio Bloisi said in a letter to shareholders on Thursday.The update follows Swiggy’s IPO last year and a recent investment in the ride-hailing platform Rapido, which Bloisi said is growing over 100% year-on-year and…
[ad_1] MUMBAI: One97 Communications (Paytm), its chairman & MD Vijay Shekhar Sharma, and his brother Ajay settled a case with markets regulator Sebi for wrongful allotment of esops (employee stock ownership plan) to the brothers just ahead of the company’s IPO in 2021. Under the terms of the settlement, Paytm and Vijay will pay a…
[ad_1] Global economic growth is set to slow in the coming months, with major economies such as the United States and China projected to experience notable deceleration. However, India is expected to outpace global peers amid this global downturn, according to a recent report by Kotak Alternate Asset Managers.The report forecasts a 90 basis point…
[ad_1] US President Donald Trump and British Prime Minister Keir Starmer announced on Thursday a groundbreaking trade agreement with Britain, the first such arrangement since the implementation of global tariffs.“This morning I am thrilled to announce that we have reached a trade deal with the UK. Today is the Victory Day for World War 2,…
[ad_1] Famous investor and Berkshire Hathaway Chairman Warren Buffett announced that he will step down as CEO by the end of this year, with Vice Chairman Greg Abel set to succeed him. Buffett, 94, made the announcement during Berkshire Hathaway’s annual shareholder meeting, adding that he will not sell a single share of Berkshire stock.Buffett’s…
