Indian benchmark indices witnessed a sharp fall on Tuesday, with BSE Sensex dropping over 1,000 points to 82,277 and the Nifty 50 sliding below 25,450. The steep decline wiped out nearly Rs 5 lakh crore in investor wealth, fueled by selling pressure in IT and automobile stocks. IT Sector Under…
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Piyush Goyal Urges MedTech Startups to Go Global
New Delhi: Union Minister of Commerce and Industry Shri Piyush Goyal has urged Indian MedTech startups to expand beyond domestic markets and leverage India’s rapidly expanding network of Free Trade Agreements (FTAs) that now provide access to nearly 70% of global GDP. India’s Expanding Global Trade Footprint Speaking at the…
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Bitcoin Slips as Volatility Rises, Trump-Era Gains Erased
Bitcoin has erased all gains made since the election of United States President Donald Trump, underscoring growing fragility in the global cryptocurrency market as shrinking liquidity and broader financial uncertainty fuel sharp price swings. The world’s largest cryptocurrency fell below key psychological levels this week, reflecting heightened investor caution amid…
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SpaceX-xAI Merger: What It Means for Elon Musk’s Net Worth
Elon Musk has once again redrawn the contours of his corporate empire by announcing the merger of SpaceX with xAI, his fast-growing but capital-intensive artificial intelligence venture. The deal, valuing the combined entity at an estimated $1.25 trillion, marks one of the largest private-sector consolidations in recent history and places…
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India Boosts Primary Agricultural Credit Societies
The Government of India is actively working to increase exports of agricultural and allied products, enhancing the country’s share in the global market. During 2024-25, India’s agricultural exports reached a total of US$ 51.9 billion, reflecting consistent growth driven by policy support and infrastructure development. APEDA Initiatives to Boost Agri…
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CCI Clears Elliott Funds’ Stake Purchase in Toyota Industries
The Competition Commission of India (CCI) has approved the proposed acquisition of a minority shareholding in Toyota Industries Corporation by a group of global investment funds managed by Elliott Investment Management L.P. The clearance was granted after the regulator concluded that the transaction would not have an appreciable adverse effect…
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Dollar Slides, Yen Surges on Intervention Buzz
The U.S. dollar weakened sharply across global markets on Monday, while the Japanese yen climbed to a two-month high amid speculation of coordinated currency intervention. Investor caution intensified ahead of an upcoming Federal Reserve meeting and the anticipated announcement of a new Fed chair by the Trump administration. Yen Strengthens…
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Gold, Silver Hit Record Highs as Safe-Haven Demand Surges
Gold and silver prices scaled fresh record highs on Monday, reinforcing their status as the world’s preferred safe-haven assets amid mounting geopolitical tensions, currency volatility and uncertainty over global trade policies. The rally marks one of the strongest bull runs ever seen in precious metals, driven by a combination of…
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Gold Falls Below ₹1.53 Lakh, Silver Gains on MCX
Gold prices witnessed a notable decline in both domestic and international markets on Thursday, while silver managed to trade higher on the Multi Commodity Exchange (MCX). The easing of geopolitical tensions linked to Greenland and a stronger US dollar reduced safe-haven demand, prompting investors to book profits after a recent…
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Infosys Earnings Boost Sensex, Nifty Climb on Jan 18
Indian stock markets closed higher on Friday, January 18, as a strong Q3 earnings surprise from Infosys lifted IT stocks and reignited investor risk appetite. The BSE Sensex surged to an intraday high of 84,134.97, while the NSE Nifty 50 touched 25,873.50. Despite profit booking later in the session, the…