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Gold price prediction today: Will gold maintain its upward momentum? Check outlook for August 3, 2026 week

Gold has shown signs of stabilising after a prolonged corrective phase, with prices rebounding from recent lows and moving back above the 20-day average. Gold price prediction today: Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices…
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Flavoured rum, whisky? FSSAI tightens rules for alcohol labels

FSSAI cracks down on liquor brands over flavouring and misleading claims NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has initiated enforcement action against several alcoholic beverage manufacturers, including makers of Old Monk, McDowell’s, Bagpiper, Antiquity Blue, Royal Challenge over the alleged use of non-permitted flavouring practices and misleading age-related claims, saying…
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Amazon achieves new milestone! Market cap crosses $3 trillion as AI, cloud growth power stock rally

Amazon and Microsoft are the only two whose heavy AI investments have been rewarded by investors. (AP photo) Yet another technology stock has crossed the $3 trillion market cap. Amazon’s market capitalisation went past the $3 trillion mark for the first time on Monday, driven by a sharp rally after the company reported strong quarterly…
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Centre raises windfall tax on petrol, diesel and ATF exports from August 3

The Centre has once again revised the windfall tax on fuel exports, raising duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight while keeping domestic fuel duties unchanged.According to a finance ministry notification, the revised special additional excise duty (SAED) will come into force from August 3.The SAED on diesel exports…
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US stock market today: Wall Street rallies over 1% on falling oil prices, hopes of deal with Iran

Oil prices declined on Monday, providing relief to Wall Street by easing concerns that inflationary pressures could intensify further. US stock market today:The S&P 500 gained 1%, extending its recovery after a turbulent July marked by sharp swings. The Dow Jones Industrial Average had advanced 624 points, or 1.2%, while the Nasdaq Composite was up…
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Government proposes sweeping tax rule changes to attract offshore funds – what it means

Offshore funds seeking tax exemption on their global income will no longer have to comply with conditions such as maintaining at least 25 investors. The government has proposed a major easing of the eligibility norms for Eligible Investment Funds (EIFs) managed from India as part of its efforts to establish the country as a global…
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What time will stock market close from today? New timings and rationale explained

At 3:15 p.m., continuous trading in eligible stocks will end and the market will move into the CAS. From today, the stock market closing time is changing. The market is now operating with three separate end-of-day timelines. This means that the closing time for different categories of securities and the way closing prices are determined…
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Bank holidays in August 2026: Where and when banks will remain closed this month

August is set to bring a series of bank holidays, so if you’re planning a visit to your bank branch, it may be worth checking the holiday calendar first. Banks are scheduled to remain closed on different dates across states due to regional festivals and local observances, with the holiday calendar varying from one state…
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More than 1.18 lakh Central employees choose Unified Pension Scheme: FM Sitharaman tells Parliament

More than 1.18 lakh Central Government employees and eligible retirees have opted for the Unified Pension Scheme (UPS) since its rollout, the government informed Parliament on Monday.In a written reply in the Lok Sabha, Union finance minister Nirmala Sitharaman said the total number of UPS subscribers stood at 1,18,195 as of July 19, 2026. This…
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Near 5-year low! India’s manufacturing growth slows, but HSBC PMI stays in expansion territory

Despite softer demand in the domestic market, export orders strengthened in July. India’s manufacturing sector saw its slowest pace of activity expansion in nearly five years in July, according to HSBC India Manufacturing Purchasing Managers’ Index (PMI) data released on Monday.However, the manufacturing activity remained in expansion territory with the seasonally adjusted HSBC India Manufacturing…