Gold rate today: Gold prices climb as Donald Trump imposes 50% tariff on India; safe haven assets in focus

Gold rate today: The yellow metal approached the significant $3400 mark. (AI image) Gold rate today: Gold prices increased on Thursday due to heightened safe-haven demand after US President Donald Trump imposed an additional 25% tariff on Indian imports, intensifying trade tensions between the two economies.The spot gold price advanced 0.3% to $3,378.18 per ounce…

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Trump tariff: Asian stocks rise on US rate cut hopes; Hang Seng gains 0.4%

Asian stock markets climbed on Thursday, buoyed by a tech rally on Wall Street, upbeat earnings, and hopes of US rate cuts, as investor confidence followed Trump’s 100% chip tariff threat came with exemptions for several companies.Japan’s shares hit a new all-time high, while Hong Kong’s Hang Seng gained 0.4% and China’s blue-chip index rose…

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TCS salary hikes announced! Amidst plans to layoff 12,000 employees, TCS rolls out increments for 80% employees; check details

TCS CHRO Milind Lakkad and CHRO Designate K Sudeep confirmed that the salary adjustments would take effect from September 1. TCS salary hike: Tata Consultancy Services (TCS), India’s largest IT services firm, has announced salary hikes for approximately 80% of its staff members. The salary hikes will mainly cover the IT giant’s junior and mid-level…

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Gold & silver price prediction today: Will gold continue trading above Rs 1 lakh mark – what’s the outlook and should you buy or sell?

Gold price prediction: MCX Gold prices have been trading significantly above the ₹1,00,000 mark, indicating strong bullish momentum in the domestic market. (AI image) Gold and silver price prediction today: Gold rates have been exhibiting bullish momentum in the domestic market. What levels of gold and silver prices should investors watch out for? Abhilash Koikkara,…

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‘The only thing to stop America would be … ‘: Trump’s reciprocal tariffs take effect at midnight; billions to start flowing into US

US President Donald Trump on Wednesday announced that the reciprocal tariffs would take effect at midnight, targeting countries he said have exploited the United States for years.In a series of posts on Truth Social, Trump said the tariffs would bring in billions of dollars, while once again attacking the US judicial system, warning that only…

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‘It could happen’: Trump hints at possible secondary sanctions on China after hitting India – Russian oil row continues

US President Donald Trump after slapping an additional 25% tariff on Indian goods that said his administration is considering imposing secondary sanctions on “a couple of others,” hinting that China could be one of them.Speaking at a White House press briefing on Wednesday, Trump was asked if similar penalties could be imposed on China for…

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Stock market today: Nifty50 opens below 24,550; BSE Sensex down around 150 points as Trump’s 50% tariff on India weighs on sentiment

Thursday’s trading will be influenced by the US President’s implementation of additional 25% tariffs. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday as US President Donald Trump’s move to double tariffs on India to 50% weighed on sentiment. While Nifty50 went below 24,550, BSE…

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TCS onboarding delays leave lateral hires in limbo

BENGALURU: Amid uncertainty over onboarding, lateral hires offered roles at TCS are now rethinking their resignations. Recently, TCS informed candidates that their onboarding would be contingent upon business requirements, leaving approximately 650 lateral hires in a state of uncertainty. These individuals, who possess varying levels of experience, were initially scheduled to join the company between…

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