Business

Gold became more expensive in the national capital on Tuesday, as the prices surged by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weaker rupee and firm global trends, according to the All India Sarafa Association. The metal of 99.9% purity had settled at Rs 1,00,170 per 10 grams on Monday.Gold of 99.5% purity also rose, climbing …

Potential tariff on pharma imports into the US, while still under Section 232 investigation, is unlikely to impact the credit profiles of Indian pharma companies, India Ratings and Research (Ind-Ra) said.While the US contributes around 35% to the total revenue for leading domestic pharma companies, this proportion has been steadily declining over the past few years due to price erosion …

Michelle Fleury New York business correspondent Chip Somodevilla/ Getty Images Donald Trump (left) has openly criticised the US central bank, calling its chair Jay Powell (right) a ‘numbskull’ Donald Trump says he’s sacking Federal Reserve governor Lisa Cook. She says she’s not going anywhere – and is threatening legal action. No one quite knows how this will unfold, or whether …

US President Donald Trump’s attempt to dismissal Federal Reserve governor Lisa Cook is expected to land in court, raising questions over the extent of presidential powers against the traditionally independent central bank.Legal experts say Trump’s claim that he can fire Cook, a Biden appointee, is legally weak but unprecedented. The Supreme Court has recently allowed presidents more authority to remove …

The US government is evaluating potential ownership stakes in defence industry firms. (AI image) The Donald Trump administration seems to be eyeing America’s top defence giants for a stake after it struck a deal with Intel last week. The US government is evaluating potential ownership stakes in defence industry firms, including Lockheed Martin Corp, US Commerce Secretary Howard Lutnick has …

BBC Gas and electricity prices are expected to rise slightly during the autumn and winter months, after a new energy price cap takes effect on 1 October. The increase comes after a fall at the start of July, but there are concerns that bills remain unaffordable for some. The energy price cap sets the maximum amount customers can be charged …

Poundland could run out of money by the end of the week if a restructuring plan is not approved. The budget chain has asked a High Court judge to approve a deal which would save it from having to go into administration. Poundland has around 14,700 staff and operates about 800 stores. It previously announced plans to close 68 shops …

The number of places to buy instruments has declined, as customers move online Source link

Sarah Turnnidge BBC News, Bristol BBC Numbers of motorhomes are rising on Clifton Down in Bristol A council is urging the deputy prime minister to help it cope with a rise in van-dwelling. Bristol City Council wrote to Angela Rayner, who is also secretary of state for housing and communities, requesting funding to provide welfare support to those living in …

India’s readymade garment industry is bracing for a tough fiscal ahead, with revenue growth forecast to slow to just 3-5% over the period, nearly half the pace seen last year.This slowdown hurt credit indicators for industry players and led to weaker profitability, according to a recent report by Crisil Ratings. PM Modi’s Defiant ‘MAKE IN INDIA’ Call Hours Before Trump’s …