Gold Prices Prediction: Gold, silver prices seen rising next week as US inflation data, West Asia tensions guide markets

Gold and silver prices are expected to remain firm next week (representative image) Gold and silver prices are expected to remain firm next week, with inflation data from major economies and developments around efforts to end hostilities in West Asia likely to influence bullion markets, analysts said.Investors will track inflation figures from the US, Germany,…

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IPO bonanza: From Dhoot Transmission to Shiprocket, 5 companies to raise over Rs 7,400 crore this week

Five companies to raise over Rs 7,400 crore next week India’s primary market is heading into a packed week, with five companies set to tap investors through initial public offerings worth a combined Rs 7,443 crore. The line-up includes Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Shiprocket and Behari Lal Engineering. The companies will…

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‘No charges on digital payments for consumers’

For nearly 10 years, banks, payment companies, fintechs, NPCI and RBI have collectively invested in technology, cybersecurity, fraud prevention, innovation and customer support The government’s move to lift the legal restriction on banks and platforms from imposing a charge or merchant discount rate (MDR) on UPI transactions, hitherto free, has generated a lot of debate…

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‘AI creating more jobs than it cuts in India’

India recorded 83,100 AI-related hires during the period, compared with 31,921 layoffs and attrition, according to the report released Friday. India, the world’s back office for many global companies, is emerging as a key test case for artificial intelligence’s impact on employment, with AI-related hiring outpacing job losses so far, according to Nomura Holdings Inc.The…

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Religare’s demerger nixed by RBI

In a filing dated Aug 7, Religare said RBI, in a communication dated Aug 6, informed the company that its application seeking no-objection or prior approval for the scheme “has been examined and that the request has not been acceded to” MUMBAI: Religare Enterprises’ proposed demerger of its financial services business into Religare Finvest has…

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Britannia signals another 1.5-2% price hike in Q2

For its low-priced packs, Britannia has largely relied on shrinkflation, keeping the retail price unchanged while reducing the quantity in each pack. BENGALURU: Britannia Industries may implement another 1.5-2% price increase next quarter, largely through “shrinkflation” in its Rs 5 and Rs 10 packs, as higher sugar, palm oil and fuel costs continue to weigh…

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