Business

Gold, Silver Rate Today Live Updates: Apart from geopolitical developments, investors will monitor the People’s Bank of China’s policy decision on Monday, preliminary manufacturing and services PMI readings from major economies, US housing data, Personal Consumption Expenditures (PCE) inflation figures and consumer sentiment data. Statements from Federal Reserve officials will also remain under scrutiny as…

NEW DELHI: Wiser from the experience of disruptions caused by the war in West Asia, govt departments have started work on a series of measures to increase domestic resilience and reduce vulnerabilities caused by shocks, whose frequency has increased in recent years.From identifying 100-150 items for import substitution, to boosting the production of active pharamceutical…

BENGALURU: As enterprises race to deploy GenAI, a new challenge is emerging for IT firms: token maxxing. Tokens-the units consumed whenever large language models process information-have become the fundamental currency of AI. But after an initial wave of experimentation, IT services companies are increasingly warning that relentless token consumption without measurable business outcomes could become…

NEW DELHI: The much-hyped weight-loss and semaglutide therapy market has hit an early speed bump. Sluggish sales of semaglutide therapies in May have raised fears of inventory-led losses, with industry estimates pegging the value of excess stock in the trade channel at around Rs 100 crore, sources told TOI.At present, stockists and wholesalers are holding…

NEW DELHI: Amid the West Asia conflict, goods exports rose nearly 15% during the first two-and-a-half months of the current financial year, sustaining the momentum seen during April.“Even now, if we see April, May and 14 days of June. I have data until June 14, it (exports growth) is 15%,” commerce and industry minister Piyush…

India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying competition, evolving regulations, cybersecurity threats and rapid technological change, India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying…

India-EU FTA to open nearly entire European market for Indian exports by 2027: Goyal India and the European Union are set to sign their long-awaited free trade agreement (FTA) by December this year, with the pact likely to come into force between February and March 2027, commerce and industry minister Piyush Goyal said on Sunday.Addressing…

Glasgow: Brexit supporters celebrate at George Square in Glasgow, England, as Britain left the European Union on Friday, Jan. 31, 2020. Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. (AP/PTI) Ten years after Britain voted to leave the European…

India and the US are set to hold ministerial-level negotiations this week to push forward the first phase of their proposed bilateral trade agreement (BTA), with US Trade Representative Jamieson Greer arriving in New Delhi for two days of talks with Commerce and Industry Minister Piyush Goyal.“For the US trade deal talks, tomorrow my counterpart…

India remains the largest market for the Asian Development Bank’s (ADB) private sector operations, with the multilateral lender expecting to provide about $1 billion in direct financing this year for projects aligned with the country’s development priorities, according to PTI.The planned support follows a year in which ADB channelled over $2 billion to India’s private…