Category: Business

Gold and silver prices opened lower on the Multi Commodity Exchange of India on Thursday after the US Federal Reserve on Wednesday left its benchmark interest rate unchanged at 3.5% to 3.75%. The US Federal Reserve struck a hawkish tone, suggesting less urgency to cut rates.

Mukesh Ambani-led Reliance Industries (RIL) ​aims to file ‌a draft red herring ​prospectus for ​the initial public ⁠offering of ​its digital and telecom ​unit, Jio Platforms, as early as ​the ​end of this month, reported ‌Bloomberg ⁠News on Tuesday, citing sources ​familiar ​with ⁠the matter. However, Business Today could ​not immediately ​verify ⁠the report. India’s...

Gold Rate Today: As the tensions in the Middle East enter the third week, gold and silver rates on Monday traded mixed in the early morning. According to the reports, spot gold rate fell more than 1 percent during early Asian trading hours, slipping below the USD 5,000 level. The yellow metal touched an intraday low of USD 4,971.30...

Oil prices surged past $100 a barrel for the first time in almost four years as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United States warned it could deepen a conflict that has already shaken global energy markets. Several Asian stock markets fell sharply on Monday as oil...

Oil prices surged on Monday as the fallout from U.S. and Israeli military strikes on Iran rippled through global energy markets, with tanker traffic through the Strait of Hormuz already heavily impacted and military strikes continuing across the region. In early Asian trade, Brent futures broke the $80 mark, briefly trading at $82.37 before trimming gains slightly as markets...

Reliance Group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate here for a second round of questioning in connection with an alleged bank fraud-linked money laundering case. The 66-year-old businessman entered the federal probe agency’s office in central Delhi around 10.30 am. Officials in the agency said they have recorded his statement under...

India’s renewable energy (RE) sector is likely to attract $350 billion investments over five years, with major expansion plans in domestic module manufacturing capacity and additional 41 gigawatt (Gw) of energy storage capacity to support the larger 500 Gw clean energy target by 2030, New and Renewable Energy Minister Pralhad Joshi said on Wednesday in...

The board of Tata Sons on Tuesday deferred a decision on reappointing N. Chandrasekaran as chairman for five more years after objections from Tata Trusts chairman Noel Tata, two executives aware of the matter said. The development signals continuing tensions at Tata Trusts that are casting a shadow over the Tata Sons board, given that...

Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani on Thursday (February 19, 2026) announced ₹10 lakh crore investment by his group as he promised to revolutionise artificial intelligence, as he did with mobile data. Speaking at India AI Impact Summit in New Delhi, Mr. Ambani said the best of AI is yet to come...

board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying itsrevised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a letter to shareholders on Wednesday, Warner Bros’ board said Paramount’s offer hinges on “an extraordinary amount of debt financing” that heightens the risk of...