Gold prices extended their decline for the third straight week, pressured by a stronger US dollar and cautious remarks from Federal Reserve officials that curbed investor appetite for safe-haven assets, analysts said.The sustained firmness in the greenback and the US central bank’s wait-and-watch stance have kept bullion trading in a narrow range through the holiday-shortened…
Pfizer is poised to acquire US-based biotechnology firm Metsera in a $10 billion deal, after winning a heated bidding battle against Danish drugmaker Novo Nordisk, which has now withdrawn from the race, AFP reported.Metsera, which specialises in obesity treatments, said in a statement that Pfizer’s improved offer of $86.25 per share had been unanimously approved…
In a major policy shift aimed at unlocking India’s vast marine wealth, the Centre has notified new rules for deep-sea fishing in the country’s Exclusive Economic Zone (EEZ) — prioritising fishermen cooperatives, small-scale fishers, and digital transparency, while banning foreign vessels from Indian waters.The rules, notified on November 4, fulfil the government’s Budget 2025-26 promise…
The Tea Board has called on the industry to adopt food safety standards more effectively, saying compliance will be critical for long-term sustainability and competitiveness in both domestic and global markets.Releasing its new Plant Protection Code (PPC), the Board said adherence to food safety norms would not only protect the plantation ecosystem but also ensure…
Several startups from Singapore and Canada have expressed interest in expanding into India, drawn by its vast consumer base, rapid economic growth, and increasingly supportive startup ecosystem.The companies shared their plans during interactions with PTI on the sidelines of EPIC 2025, a global pitch competition organised by the Hong Kong Science and Technology Parks Corporation…
The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for market…
Indian restaurants in New York City, which have recently outshone their London counterparts and become favourites among Wall Street executives, are now facing mounting pressure from higher import costs after US President Donald Trump’s tariff moves.On July 31, Trump doubled tariffs on most Indian exports to 50%, a measure that took effect on August 27….
Rural India continues to drive the country’s consumption rebound, outpacing urban markets despite recent policy measures aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL).According to MOFSL’s latest ECOSCOPE report titled “Rural Rules, Urban Follows,” rural consumption rose 7.7 per cent year-on-year in the second quarter of FY26 — the highest…
Representative image (Picture credit: ANI) India’s data centre industry is on track for a major expansion, with total capacity projected to jump five times to 8GW by 2030, according to a sectoral report by Jefferies. The growth is expected to be driven by the surge in data consumption, rapid cloud adoption, regulatory data localisation rules,…
India has reiterated that equitable, predictable, and concessional climate finance remains central to achieving global climate goals, underscoring the principle of fairness and shared responsibility at the Leaders’ Summit of COP30 in Belem, Brazil.Delivering India’s National Statement, Ambassador Dinesh Bhatia said the country’s climate action continues to be guided by equity, national circumstances, and the…
