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Gokula Education Foundation (Medical) launches RISM, a globally aligned STEM and Management university focused on AI, aerospace, and future-ready skills
Gokula Education Foundation partners with the University at Albany to launch Ramaiah Institute of Science and Management (RISM) in Bengaluru. This new deemed-to-be university will offer next-generation STEM and Management programs, commencing in August 2026, with a focus on industry-aligned education and research.
Gold, silver may be range bound as war, macro data set tone: Analysts
Precious metal prices are expected to witness mixed movement next week as investors track developments in the US-Iran conflict, string of global economic data releases, and domestic political cues, analysts said. Traders will closely monitor PMI readings from major economies early in the week, followed by US labour market indicators and non-farm payroll data later in the week for fresh cues on monetary policy and bullion demand, they added. "In the week ahead, precious metal prices momentum is expected to remain mixed with focus on developments on the US-Iran tussle and follow-up on peace talks," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures declined Rs 1,347, or nearly 1 per cent, to close at Rs 1.51 lakh per 10 grams. Silver, however, outperformed and gained Rs 879 to settle at Rs 2.50 lakh per kilogram during the past week. "Gold traded largely range-bound last week, ending ..
Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focus
India's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one marginal field is producing. Experts question the policy's effectiveness. Geological challenges and a shift in risk to companies deter global investment. The government continues auctions, but state-run firms dominate. This situation highlights India's ongoing dependence on imports.
INR falls near record low levels hurt by elevated oil prices
The Indian rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar on Wednesday, pressured by rising crude oil prices, hovering well above $100 per barrel, and continued foreign capital outflows. Brent crude prices climbed toward $115 a barrel today, hitting a four-year high on mounting uncertainty around global supply amid the prolonged closure of the Strait of Hormuz. Elevated crude oil price is likely to sharply impact India's import costs, while the ongoing West Asia crisis and concerns over potential wider conflict are fuelling investor anxiety. Meanwhile, Indian shares rose notably on Wednesday despite mixed cues from global markets and growing anxiety over surging energy prices, capping downside in the counter. Sensex settled 609.45 points (0.79%) higher at 77,496.36 while Nifty 50 advanced 181.95 points (0.76%) to close at 24,177.65. Investors are also awaiting cues from the upcoming US Federal Reserve policy decision as dollar ..
Induction cooktop: EPACK Durable expands into infrared cooktops as gas squeeze shifts demand
EPACK Durable Limited has launched infrared cooktops, expanding its electric cooking range. This move supports a national trend towards electric cooking, driven by global energy market disruptions. The company's expansion diversifies its product offerings beyond seasonal air conditioners. This strategy aims to enhance revenue streams and improve long-term profit margins.
Impact of UAE exit from OPEC on India still uncertain, country should focus on energy resilience, says Sagar Adani
As India faces the ripple effects of the UAE's departure from OPEC, it is imperative to prioritize energy resilience. While this shift may stir market unpredictability, India's flourishing relationship with the UAE is a beacon of optimism. Our country is effectively navigating global energy hurdles, with a vision focused on durable solutions to ensure resilience.
Bain Capital-backed Dhoot Transmission acquires Multilink to boost electronics manufacturing
The development comes more than a year after the global private equity firm Bain acquired a significant minority stake for an undisclosed sum in Dhoot
Gold, silver steady amid West Asia tensions; central bank decisions in focus
Gold and silver prices hold near highs as West Asia tensions and upcoming global central bank decisions keep bullion in a volatile, range bound holding pattern.
Luxury investment market finds its balance as focus shifts to rarity and value
The global luxury investment market is stabilizing. Collectors are now prioritizing rarity and cultural importance. Impressionist art and watches saw strong performance. Classic cars and some wines faced corrections. Handbags remained steady. Younger buyers are using fractional ownership. The market is entering a more discerning phase, with demand for rare assets expected to drive future growth.
Finance ministry to meet bank CEOs on Anthropic ‘Mythos’ cyber risk
Indian bank leaders will meet the finance minister today. They will discuss protecting the nation's payment system. The focus is on cyber threats from a new AI model called Mythos. Banks are seen as vulnerable due to their interconnected IT platforms. This meeting follows reports of unauthorized access to the AI model. Global regulators are also discussing these potential risks.
Old Bridge's Kenneth Andrade prefers metals, pharma, and autos
Kenneth Andrade, Founder & CIO, Old Bridge Asset Management, said investors should focus on sectors linked to global demand and inflation, while being cautious on valuations and margin risks in the near term.
Honda to stop car sales in South Korea by end-2026
Honda will stop selling cars in South Korea by the end of 2026. The company will continue after-sales services. This decision is due to market changes and a global restructuring. Honda will focus on its motorcycle business in South Korea. The automaker is also said to be scaling back petrol vehicle production in China.