Business

Gold, silver and platinum surged to fresh record highs on Friday, driven by strong speculative momentum, and expectations of further US rate cuts amid rising geopolitical tensions.Silver crossed the $75-per-ounce mark for the first time, as both precious and industrial metals climbed to unprecedented levels amid economic and geopolitical uncertainty, Reuters reported. Major precious metals…

Asian markets inched higher on Friday amid holiday-thinned trading, with several exchanges remaining closed for the Boxing Day holiday. Regional stocks extended gains after Wall Street ended the week at record highs, while most global markets were shut on Thursday for Christmas.Markets in Tokyo, Shanghai, Seoul and Taipei all posted gains. Japan’s Topix climbed to…

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark Indies, opened in red on Friday on lacklustre global and domestic cues. While Nifty50 was just above 26,100, BSE Sensex was down over 140 points. At 9:16 AM, Nifty50 was trading at 26,101.30, down 41 points or 0.16%. BSE…

The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.The 122.3-trillion-yen ($782 billion) budget for the fiscal year from April 2026 will include some nine trillion yen for defence spending, as Prime Minister Sanae Takaichi…

MUMBAI: Never mind Delhi’s winter or Mumbai’s traffic, Indians are feasting this festive season and raising a toast to the last few days of the year. There has been a rush of advance bookings at several restaurants, with seats at some of the eateries totally sold out for Christmas and New Year’s eve. After a…

NEW DELHI: India faces a lower risk of AI-driven disruption to cognitive jobs compared to Western economies, IT secretary S Krishnan has said, citing the country’s relatively lower proportion of white-collar roles in the overall workforce, and highlighted that the dominance of Stem-based employment can yield newer opportunities.Krishnan said AI’s real impact will come from…

NEW DELHI: India’s petrol pump network has crossed the 1,00,000-mark, doubling since 2015 as state-owned fuel retailers aggressively expanded outlets to defend market share and push fuel access deeper into rural and highway corridors amid a sustained boom in vehicle ownership. At the end of November, the country had 1,00,266 pumps — the third largest…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 26, 2025 are Lloyds Metals and Energy, and Kotak Mahindra Bank. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices extended their phase of consolidation for the fourth consecutive week, reflecting a period…

Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…

NEW DELHI: Ola Electric on Thursday said it has received a sanction order from the ministry of heavy industries for the release of incentives amounting to Rs 367 crore under the production-linked incentive scheme. The sanction pertains to the demand incentive for the determined sales value for FY 2024-25. Source link