Gold prices remained steady on Friday as the precious metal headed for a third consecutive weekly gain, supported by a weaker US dollar and US treasury department efforts to keep longer-term yields under control. Spot gold was little changed at $4,514.23 per ounce as of 0031 GMT, after reaching its highest level since early June…
Rupee rises 9 paise against US dollar Rupee began Friday on a strong note against the US dollar, gaining 9 paise to 95.65 as the American currency weakened in overseas markets.The recovery, however, remained constrained by elevated crude oil prices, according to forex traders.At the interbank foreign exchange, rupee started the session at 95.69 before…
Govt has directed the telecos to strictly enforce the rule of not issuing a new connection to any subscriber already having nine SIMs (representative image) The government has directed telecom service providers to stop individuals from obtaining mobile connections beyond the prescribed limit of nine, with a new system coming into effect from August 24.Under…
Weight-loss drugs such as Ozempic are changing more than just consumers’ waistlines, also reshaping the beauty industry. As the use of GLP-1 medicines including Ozempic and Mounjaro grows, companies are racing to cash in on the new needs emerging among users.From protein-rich foods and drinks and collagen supplements to face fillers and plumping make-up, brands…
Oil prices head for weekly gains Oil prices extended their weekly rally on Friday, with Brent crude hovering near $94 a barrel as the ongoing US-Iran conflict continued to disrupt energy supplies.Brent crude inched to $93.89 per barrel around 7:30 am IST, after gaining 2.4% in the previous session. US West Texas Intermediate stood at…
How much oil is flowing through Hormuz The US-Iran conflict has kept the Strait of Hormuz in a chokehold for nearly six months and the oil market is left grappling with one big question: how much crude is actually getting through?While market estimates suggest flows have fallen sharply from pre-war levels, US officials say the…
Top stocks to buy today on August 21, 2026 Stock market recommendations: DLF, PG Electroplast Ltd, and Sansera Engineering – these are the top stocks to buy identified by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One for August 20, 2026. Let’s take a look:Buy DLF at Rs 680-675; Stop Loss: Rs 635;…
Indian equities are likely to begin Friday’s session on a cautious note, with benchmark indices expected to open slightly higher after breaking a prolonged losing streak in the previous session. GIFT Nifty futures were at 24,311.50 at 7:52 am, pointing to a mildly positive opening for the Nifty 50, which closed at 24,231.85 on Thursday….
File photo: US treasury secretary Scott Bessent speaks to members of the media in Washington (Picture credit: AP) The United States is preparing what treasury secretary Scott Bessent described as the “toughest sanctions in history” against Iran, as Washington seeks to intensify economic pressure on Tehran and force the country towards a settlement.Bessent said the…
Core sector growth rises to 5.4% in July, cement and iron ore drive expansion NEW DELHI: Core sector grew 5.4% in July, compared with 3.2% a year ago, official data released on Thursday showed. Sequentially, the growth marked a slowdown from an upwardly revised figure of 6% in June. The new series, with revised base…
