Category: Business

Bullion market opens the week on a softer note as gold and silver prices register marginal declines across major Indian cities amid cautious demand. India’s bullion market began the trading week with a mild downward trend, as both gold and silver prices edged lower across major cities during early trade on Monday. The slight correction follows recent volatility in global markets and subdued domestic demand, particularly in physical buying segments. Market participants are closely tracking global cues, currency movements, and geopolitical developments, all of which continue to influence precious metal…

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New Delhi, April 3: India’s domestic stock markets remained closed on Friday on account of Good Friday, resulting in a temporary halt in trading activity across all segments. The closure of markets, combined with the weekend holidays, has led to a three-day trading break, with normal operations set to resume on Monday. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) suspended trading for the day in observance of the holiday. Markets Observe Holiday Closure The closure applies to all segments of trading, ensuring that no market…

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New Delhi, April 2: India’s bullion market witnessed a strong upward trend in early trade on Wednesday, with gold and silver prices recording sharp gains across major cities. The rally reflects rising global prices and renewed investor interest in safe-haven assets amid ongoing economic and geopolitical uncertainties. Gold prices increased by ₹3,150 to ₹3,440 per 10 grams, while silver surged by approximately ₹5,000 per kilogram, indicating a broad-based bullish sentiment in the precious metals market. Sharp Rise in Gold Prices Across India The surge in gold prices has pushed rates…

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Commercial liquefied petroleum gas (LPG) cylinder prices have been increased by ₹195.50 across India, with the revised rates coming into effect immediately. The price revision, implemented by state-run oil marketing companies, primarily affects commercial users such as restaurants, hotels, and small businesses. According to data released by Indian Oil Corporation, the cost of a 19-kg commercial LPG cylinder in Delhi has risen to ₹2,078.50, up from its previous price. The increase comes amid a surge in global crude oil prices linked to geopolitical tensions in West Asia. Sharp Increase in…

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India’s benchmark equity indices opened the new financial year 2026–27 on a strong note, with the BSE Sensex and Nifty 50 posting sharp gains in early trade on Tuesday. The rally was supported by improved global sentiment and signs of easing geopolitical tensions, particularly in West Asia. The upbeat start reflects renewed investor confidence after volatility in the previous trading session, with both domestic and global factors contributing to the positive momentum. Strong Opening Signals Positive Market Sentiment At the opening bell, the BSE Sensex jumped to 73,762.43, registering a…

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Stock market surge today sees Sensex jump 1,372 points and Nifty reach 22,912 as global cues boost investor sentiment. Indian equities witnessed a sharp rebound in a stock market surge today, with benchmark indices BSE Sensex and Nifty 50 closing significantly higher on March 24, driven by improved global sentiment and strong sectoral gains. The Sensex climbed 1,372.06 points to settle at 74,068.45, while the Nifty surged 399.75 points to close at 22,912.40. The rally comes after recent volatility, reflecting renewed investor confidence amid easing geopolitical concerns. Strong Recovery Marks…

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Stock market crash today wipes Rs 14 lakh crore as Sensex falls 1,836 points and Nifty drops to 22,512 amid global concerns. A sharp stock market crash today wiped out nearly Rs 14 lakh crore in investor wealth as benchmark indices BSE Sensex and Nifty 50 recorded significant losses on Monday, driven by global and domestic factors. The Sensex plunged 1,836.57 points to close at 72,696.39, while the Nifty fell 601.85 points to settle at 22,512.65. The decline reflects heightened volatility amid rising global uncertainties and investor caution. Massive Wealth…

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LPG cylinder shortage triggers crisis in India’s MSME sector, with experts warning nearly 20 lakh jobs at risk due to gas supply disruptions. India is facing a growing LPG cylinder shortage, with industry experts warning of significant economic consequences as disruptions in gas supply begin to impact the country’s manufacturing sector. The crisis, linked to ongoing geopolitical tensions in West Asia, is affecting millions of workers employed in micro, small, and medium enterprises (MSMEs), particularly those dependent on industrial gas for production. According to industry estimates, nearly 20 lakh jobs…

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New tax rules April 1 bring ITR deadline changes, STT hike and key updates impacting taxpayers in India for FY 2026–27. With the beginning of the new financial year on April 1, several important changes are set to come into effect under the new tax rules April 1, impacting individuals, investors, and businesses across India. These updates include changes in Income Tax Return (ITR) filing deadlines, a revision in Securities Transaction Tax (STT), and other regulatory adjustments aimed at improving compliance and streamlining the taxation framework. The changes are part…

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Aman Gottumukkala AI developer joins Elon Musk’s xAI after building a million-dollar AI coding tool with a small team. In a significant development in the global artificial intelligence space, Aman Gottumukkala AI developer has emerged as a key name after joining xAI, the artificial intelligence venture founded by billionaire entrepreneur Elon Musk. The Indian-origin engineer gained attention for building a million-dollar AI coding assistant with a team of just three people, demonstrating how small, highly skilled teams can create impactful technology products in today’s fast-moving AI ecosystem. His decision to…

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