MUMBAI: Giesecke+Devrient (G+D), the German security technology group spanning currency, digital payments and cybersecurity, is stepping up its India play with fresh investments of Rs 1,100 crore in 2026, localisation plans and a sharper focus on digital infrastructure, as it bets on the country’s dual-track growth in cash usage and digital adoption. The company is…
CHENNAI: With a network of 11 registered vehicle scrapping facilities (RVSFs) across 10 states, excluding the southern region, and the capacity to dismantle more than 1.9 lakh vehicles annually, Tata Motors stands to benefit from the Centre’s push to retire ageing commercial vehicles as India intensifies efforts to curb vehicular pollution.Last week, the Union cabinet…
MUMBAI: Every other day, Indians are waking up to ads and launches of protein products—from eggs to coffee and atta, companies are infusing and also adding (extra) doses of protein to a range of items that are part of consumers’ daily meals. Not only that, the concept of protein has in itself become a trend…
More than 100 days into the Middle East crisis, the Strait of Hormuz remains the world’s biggest shipping question mark. Iran has now signalled that the strategic waterway will reopen, but not quite as before.According to Iran’s ambassador to Moscow, the route will operate under new conditions set by Iranian and Omani authorities, including fees…
Technically, gold is approaching an important support cluster between ₹153,500 and ₹154,500. (AI image) Gold price prediction today: Gold prices continue to be volatile amid geopolitical developments, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices remained under pressure during the week, extending their corrective phase after failing to sustain…
By Dipti DeshpandeThe Reserve Bank of India’s Monetary Policy Committee (MPC) in its June policy review unanimously decided to leave policy rates unchanged and retain a neutral policy stance – an outcome that was largely expected. At 5.25%, the repo rate remains below its decadal average and the levels seen in fiscal 2014 when the…
India will account for about half of global oil demand growth and 15% of increase in global electricity consumption over next decade, making it one of the world’s most important energy markets, Igor Sechin, chief executive of Russian oil producer Rosneft, said. Sechin said India’s oil consumption is expected to rise 44% to nearly 8…
“Indian equity markets are expected to open on a sharply negative note, with Gift Nifty trading at 23,134, down by 306 points, as Asian equities opened weak amid escalating geopolitical tensions and weakness in US technology stocks, weighing on overall risk sentiment. In the previous session, the Nifty 50 ended a range-bound session with a…
Oil prices jumped on Monday as tensions in the Middle East flared up once again, raising fresh concerns over global oil supplies. Global crude benchmarks gained more than 3% as the crisis entered has now crossed 100 days, with peace efforts continuing to yield little progress.As of 7:50 am, WTI crude was trading at $93.87…
Rupee began the week on a negative note, with market sentiment weighed down by a stronger dollar, rising crude oil prices and escalating geopolitical tensions. On Monday, the domestic currency opened at 95.35 against the US dollar in the interbank foreign exchange market, slipping 17 paise from its previous close of 95.18.The decline comes after…
