Business

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Wednesday said he is not involved in managing his personal finances, a day after financial disclosures revealed he reported more than $1.4 billion in income from his family’s cryptocurrency ventures.Speaking to reporters at Joint Base Andrews before departing for North Dakota,…

Experts are divided on whether the strong bull run in silver prices is over. (AI image) Silver’s spectacular rally has given way to an equally dramatic correction, leaving investors wondering whether the bull run has merely paused or have prices already peaked. In fact in less than six months, international silver prices have crashed more…

Benchmark equity indices rebounded on Wednesday after two consecutive sessions of losses Benchmark equity indices rebounded on Wednesday after two consecutive sessions of losses, supported by positive global market trends and a decline in crude oil prices.The BSE Sensex climbed 443.97 points, or 0.58 per cent, to close at 76,922.64 after rising as much as…

NEW DELHI: The Union Cabinet on Wednesday approved two major highway infrastructure projects worth a combined Rs 14,114.81 crore, including a Rs 6,969.67 crore tunnel project in Delhi aimed at easing congestion and a Rs 7,145.14 crore greenfield highway corridor in Uttar Pradesh.Announcing the decisions, Union minister Ashwini Vaishnaw said the Cabinet Committee on Economic…

The weakness has extended into the new quarter, with gold falling for a fifth consecutive week and slipping below $3,980/oz, its lowest level since November. (AI image) Gold price prediction today: Gold prices will continue to be under pressure with rate hike expectations in place, with near-term outlook negative, says Vedika Narvekar, Research Analyst –…

It is clear that Russia continues to be India’s single most important crude supplier and remains at the core of the country’s import strategy. (AI image) The US-Iran war has pushed India’s crude oil imports from Russia to an all-time high – beyond levels seen when Russian crude was available at big discounts in the…

The policy will remain in force until March 31, 2030 The Delhi government on Wednesday officially notified the Delhi Electric Vehicles Policy 2026, setting in motion an ambitious roadmap to accelerate electric vehicle (EV) adoption, improve air quality and strengthen the capital’s electric mobility ecosystem.According to the notification, the policy comes into effect from July…

Bharat Petroleum Corporation Ltd (BPCL) is preparing to invest about Rs 5,000 crore to almost double its LPG storage capacity to 340 thousand metric tonnes (TMT) from around 200 TMT, according to three OMC executives. Similar expansion plans by Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL) are still being worked out. State-run…

The rupee had slipped to a record low of 96.96 against the US dollar on May 20. According to market participants, repeated RBI intervention prevented the currency from breaching the psychologically important 97-per-dollar mark. After sustained intervention by the Reserve Bank of India’s (RBI) to support the rupee during a period of heightened volatility triggered…

Multiple indirect taxes have given way to a simpler structure, with 5% GST on electric vehicles, 18% as the standard rate for most vehicles. (AI image) By Parul Nagpal, Tax Partner, EY IndiaIndia’s automobile industry is entering an exciting phase of growth. Today, India is the world’s third-largest automobile market, contributing nearly 7% to GDP…