News that keep you updated
Iran’s currency plunged to a record low in recent days against the US dollar as the ongoing US naval blockade of Iranian ports continues to strain the country’s economy.On the black market on Wednesday, the rial fell to around 1.80 million per dollar, according to currency-tracking websites Bonbast and AlanChand. At the start of the…
The Supreme Court on Thursday questioned the Centre for repeatedly failing to file its affidavit in a plea seeking regulatory guidelines to curb “unpredictable fluctuations” in airfares and ancillary charges imposed by private airlines, PTI reported.A bench of Justices Vikram Nath and Sandeep Mehta asked the Union government to file an application along with an…
The United States of America, which is the largest producer of oil, holds the second largest strategic oil reserves, followed by Japan. (AI image) Did you know that China holds the largest strategic oil reserves in the world? Amid ongoing disruptions due to the US-Iran war and blockade of the Strait of Hormuz, this fact…
Looking ahead to the coming week, the region around the weekly low of 140,000 is anticipated to emerge as a pivotal support zone. (AI image) Gold and silver price prediction today: Gold and silver are exhibiting a slightly bearish bias, according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
Stock market crash today (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, plunged in morning trade on Thursday as global cues turned negative due to a host of factors. While Nifty50 went below 23,800, BSE Sensex plunged around 1,200 points. At 11:18 AM, Nifty50 was trading at 23,810.30, down 367…
Mumbai: India’s central bank has dealt a blow to Tata Sons’ bid to avoid going public, rejecting an argument that could have allowed the Tata conglomerate’s holding company to surrender its financial licence and evade a mandatory stock exchange listing. In directions published on Wednesday, the Reserve Bank of India clarified that equity received from…
New Delhi: In good news for patients, Indian Patent Office has refused a patent on MNC firm AbbVie’s blockbuster immunology therapy Rinvoq, paving the way for affordable versions to enter the domestic market. In a recent hearing, the Delhi Patent Office held that the claimed invention was “obvious” and lacked inventive step, a violation of…
Global oil prices surged past $120 on Thursday, briefly touching $122, the highest level since 2022 as fears of prolonged supply disruptions intensified amid a deadlock in talks to end the US conflict with Iran.Brent crude for June delivery rose around 1.9% to near $120 a barrel, while US West Texas Intermediate (WTI) edged up…
Mumbai: RBI has introduced a new ‘calamity chapter’ in its guidelines, creating a dedicated framework for disaster-related relief that separates such measures from general restructuring and tightens eligibility, accounting, and provisioning norms.Unlike in the past when relief measures were handled under broader restructuring frameworks, the new rules establish a distinct Chapter VI-A for natural calamities…
New Delhi: The Times Group-owned Times Music has announced the acquisition of Catrack Entertainment, its third strategic acquisition and a key step forward in its ongoing partnership with Primary Wave Music.“The deal brings a culturally significant Punjabi music catalogue into its fold, unlocking a legacy repertoire for renewed global discovery and commercial scale,” the company…
