Gold Prices In India Today, June 24: Gold and silver prices in India on Tuesday fell sharply following the reports of Iran-Israel ceasefire, halting the days of escalation. In Mumbai, the price of gold stood at Rs 91,550 per 10 grams for 22-carat and Rs 99,870 per 10 grams for 24-carat. Silver was also trading down...
Category: Business
Crude Oil price falls over 13% following attack on US bases in the Middle East
oil price collapsed in late US session on Monday, following the latest news on Iranian attack at US military bases in the Middle East (Qatar and Iraq) in retaliation to US massive attack on Iranian nuclear installations, a day earlier. Oil price fell from $74.30 where it was just before the attack, to $68.17, the lowest in...
Amazon to invest $233 million in India to expand operations infrastructure, improve tech
Amazon (AMZN.O), opens new tab will invest more than 20 billion rupees ($233 million) in India in 2025 to expand and update its operations infrastructure, develop new technology for its fulfilment network and improve delivery safety, it said on Thursday. The investment builds on top of Amazon’s prior investments for the creation of an operations network to...
DLF sells 1,164 luxury homes in Gurugram for ₹11,000 cr on strong demand
Real estate major DLF Ltd has sold all 1,164 luxury apartments for about Rs 11,000 crore within a week of launch of its new housing project in Gurugram, reflecting that demand continues to be strong for premium residential properties from end-users and investors. In a regulatory filing on Wednesday, DLF announced “sell out of its...
Wholesale inflation falls to a 14-month low of 0.39% in May
India’s wholesale inflation eased to a 14-month low of 0.39 percent in May down from 0.85 percent in April, according to data released by the government on June 16. This marks the third consecutive month of easing in the Wholesale Price Index (WPI). “Aided by a favourable base, the WPI inflation expectedly flattened further to...
Gold hits near 2-month high as Middle East conflict boosts safe-haven demand
(Reuters) -Gold rose for a fourth straight session to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets. Spot gold gained 0.3% to $3,442.09 an ounce, as of 0246 GMT, after hitting its highest level since...
Black box found at Air India crash site as families wait for answers
A black box has been found at the site of the Air India plane crash in Ahmedabad, India’s civil aviation minister said on Friday. The flight data recorder was recovered within 28 hours by India’s Aircraft Accident Investigation Bureau (AAIB), Ram Mohan Naidu Kinjarapu confirmed. All but one of the 242 people on the London-bound...
India on Brink of $20 Trillion Leap, ‘Guyana-Sized’ Oil Discovery Likely in Andaman Sea: Hardeep Puri
In an exclusive Interview with , Union Minister for Petroleum and Natural Gas Hardeep Singh Puri laid out a bold vision for India’s energy independence, hinting that the country may be on the cusp of discovering a game-changing oil reserve in the Andaman Sea—comparable to the massive Guyana find by ExxonMobil. Speaking to Rohan Dua, Executive...
“Gratitude To Indian Navy”: China On Rescuing Crew From Cargo Ship Off Kerala
Following an onboard explosion and fire aboard MV Wan Hai 503 off the coast of Kerala, China, expressed gratitude to Indian authorities for their swift and professional rescue efforts. Spokesperson for the Chinese Embassy in Indian, Yu Jing, in a post on X said, “On June 9, MV Wan Hai 503 encountered an onboard explosion...
Starlink may launch with ₹3K-4.2K per month plans, ₹33K setup kit
Despite India’s large market size, capacity constraints and global costs are expected to dictate Starlink’s pricing strategy for the country, which will be similar to other nations in the subcontinent, official sources said. In India, Starlink kits are expected to cost about ₹33,000, while monthly subscription may remain between ₹3,000 and ₹4,200, in line with...