Mumbai: Shares of state-owned lender Punjab National Bank on Monday recovered after an earlier fall, after it reported a loan fraud of Rs 2,434 crore last week, allegedly committed by former promoters of SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL). PNB’s shares had fallen as much as 3.1 per cent to…
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Navi Mumbai airport opens today with 30 domestic flights (Picture credit: PTI) MUMBAI: Navi Mumbai International Airport (NMIA) opens to commercial operations on Thursday after years of missed deadlines, opening a second gateway for air travel in the Mumbai region. The day will see four airlines operating about 30 domestic flights at India’s newest greenfield…
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The Post Office and Fujitsu agreed a deal 19 years ago to fix transaction errors in sub-postmasters’ accounts caused by bugs in the Horizon IT system, a document has revealed. An agreement was in place in 2006 for errors caused by bugs in the software to be corrected, or for Fujitsu to pay the Post…
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new video loaded: Uber Clears Violent Felons to Drive Our reporter, Emily Steel, found that in many states, Uber’s guidelines allow people with serious criminal convictions to drive, as long as those convictions are more than seven years old. Some of those drivers have gone on to sexually assault or harass passengers. By Emily Steel,…
Gold prices continued to climb on Saturday, rising in both international and domestic markets, further pushing the precious metal beyond the reach of ordinary consumers. In the international bullion market, spot gold rose 0.4% to $4,347.07 per ounce as of 02:17 p.m. ET (19:17 GMT), recording a weekly gain of 1.1%. Meanwhile, US gold futures…
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Strong buying was witnessed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining nearly 2,000 points lifting the bourse to an all-time high on Thursday. The PSX’s benchmark index surged by 1,879.12 points or 1.09 percent to historic high at 172,192.97. Buying was observed in key sectors, including cement, commercial banks, oil and…
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Last Updated:December 16, 2025, 13:11 IST Rupee weakness stems from buy-sell swaps, tax-driven liquidity crunch, oil speculation, stalled trade deals, exporter dollar hoarding, FPI outflows, stake sales and debt sell-offs. With the India-US trade deal not happening soon, the rupee has already crossed the 91 market and may even touch 92 this month, says a…
New Delhi: Gold and silver prices witnessed a sharp surge in the domestic market this week, tracking strong gains in global bullion markets. Gold prices rose by around Rs 4,000 per 10 grams, while silver prices jumped by nearly Rs 17,000 per kilogram. According to data from the India Bullion and Jewellers Association (IBJA), the…
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MUMBAI: Relentless rally in silver continued in global markets on Thursday that in turn, combined with the rupee’s recent weakness, pushed up domestic prices on the MCX to an all-time high level of over Rs 1.9 lakh/kg. In the international market, in mid-day trades, silver prices touched a new life-peak at $63.25/ounce. In the spot…
Read More “Silver prices at new high of over Rs 1.9L/kg – The Times of India” »
Archie MitchellBusiness reporter Getty Images The chancellor’s Budget could reduce inflation by 0.5% next year, a Bank of England deputy governor has said. Clare Lombardelli told the Commons’ Treasury committee that measures announced by Rachel Reeves in November will slow the rate at which prices are increasing from April 2026. Speaking to MPs, Ms Lombardelli…
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