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Gold prices at record peak, Silver near highest in four months: Top updates

Updated on Sep 25, 2024 09:07 AM IST

Gold and silver prices are on the rise due to weak US consumer confidence and central bank purchases, with gold up 30% and silver 35% this year. Investors are seeking buying opportunities amid heightened geopolitical tensions.

Karan Johar, Rahul Dravid and others love Swiggy's ‘highly lucrative’ IPO

Swiggy's pre-IPO shares are attracting notable investments from celebrities including Madhuri Dixit and Amitabh Bachchan. The interest highlights a trend of high-net-worth individuals diversifying into tech startups, with Swiggy's ongoing innovation and strong market presence serving as key motivators for these investments.

Updated on Sep 25, 2024 08:59 AM IST

Pakistan to hold bidding for national airline on October 1: Report

The auction for Pakistan International Airlines will occur on Oct. 1, as reported by Ary News. The government plans to sell a majority stake to address ongoing losses, following IMF reform suggestions, according to National Assembly official Farooq Sattar.

Published on Sep 25, 2024 08:16 AM IST

Hyundai Motor's $3 billion IPO- India's biggest- gets Sebi nod: October launch?

Hyundai Motor India has secured approval for a $3 billion IPO, aiming to be the largest in India. The offering, targeting an $18-$20 billion valuation, includes the sale of over 142 million equity shares to boost visibility and market presence.

Updated on Sep 25, 2024 08:07 AM IST

Sam Bankman-Fried's ex girlfriend Caroline Ellison gets two-year sentence

Caroline Ellison, former chief executive officer of Alameda Research LLC, center, exits court in New York, US.

Published on Sep 25, 2024 07:50 AM IST

Business News LIVE Updates Today September 25, 2024: Gold prices at record high, Silver near highest in four months: Top updates

Latest news on September 25, 2024: Gold and silver prices are on the rise due to weak US consumer confidence and central bank purchases, with gold up 30% and silver 35% this year. Investors are seeking buying opportunities amid heightened geopolitical tensions.

Updated on Sep 25, 2024 09:06 AM IST

US accuses Visa of monopolizing debit card swipes, threatening merchants

The US Department of Justice filed an antitrust lawsuit against Visa alleging the company illegally maintains a monopoly over debit card networks in the United States.

Published on Sep 25, 2024 07:46 AM IST

Starbucks CEO Niccol says committed to "engage constructively" with workers union

Starbucks CEO Niccol says committed to "engage constructively" with workers union

Published on Sep 25, 2024 04:23 AM IST

FAA chief says Boeing safety culture reforms may take years

FAA chief says Boeing safety culture reforms may take years

Published on Sep 25, 2024 02:09 AM IST

Elon Musk, X seek dismissal of Don Lemon's lawsuit over canceled partnership

Elon Musk, X seek dismissal of Don Lemon's lawsuit over canceled partnership

Published on Sep 25, 2024 12:12 AM IST

Sam Altman says superintelligence is coming: ‘Going to get so good, so soon’

Sam Altman, CEO of OpenAI, believes superintelligence could emerge in a few thousand days, significantly enhancing human abilities and enabling scientific advancements. He highlights AI's role in solving complex challenges and improving societal intelligence, transforming what is possible for humanity.

Updated on Sep 24, 2024 03:30 PM IST

Should IPO investors trust GMP? Nilesh Shah says don't because…

Nilesh Shah of Kotak Mahindra Mutual Fund criticizes the reliance on grey market premiums for IPOs. He proposes transforming the grey market into a regulated when-issued market to enhance price discovery and reduce misinformation.

Published on Sep 24, 2024 03:05 PM IST

Sebi investigates six local investment banks over handling of small IPOs: Report

SEBI logo outside the regulators’s office.

Published on Sep 24, 2024 02:31 PM IST

Will there be a recession soon? CEO of biggest US bank JP Morgan says this

Jamie Dimon of JP Morgan acknowledged ongoing global recession risks while praising the resilience of the US and Indian economies. He indicated that geopolitical factors and everyday economic activities will influence future market trends more than interest rates.

Published on Sep 24, 2024 01:56 PM IST

AI-based investment product by Star Union to launch to beat large cap portfolios

Standing from Left to Right: Subhra Tripathy, Principal at QuantumStreet AI, Hans Dekkers, General Manager, IBM Asia Pacific, Sandip Patel, Managing Director, IBM India & South Asia and Arindam Ghosh, Chief Technology Officer and Prashant Sharma, Chief Investment Officer of Star Union Dai-ichi Life Insurance.

Updated on Sep 24, 2024 02:08 PM IST

Layoffs: Dulux maker Akzo Nobel plans to cut about 2,000 jobs globally

Cans of Dulux paint, an AkzoNobel brand, are seen on the shelf of a DIY retail store in Manchester, Britain.

Published on Sep 24, 2024 01:38 PM IST

Elon Musk hates block feature on X. So, he brought this big change for users

Elon Musk's X is modifying its block feature so blocked users can view public posts. This shift comes as Musk argues for a stronger mute option, alongside new restrictions for livestreaming by premium users.

Published on Sep 24, 2024 01:04 PM IST

Lebanon crisis: Oil prices climb on Middle East tensions

Smoke billows from the site of an Israeli airstrike on the Lebanese city of Baalbeck in the Bekaa valley in south Lebanon. Brent crude rose by 1.14% to $74.74, while US WTI climbed 1.31% to $71.29 amid fears of a looming hurricane impacting production.

Published on Sep 24, 2024 12:54 PM IST

We’re focused on designing products for people, that solve problems: Jake Dyson

The reason Jake Dyson is visiting India, is to underline the company’s push into the premium audio space. (Official photo)

Published on Sep 24, 2024 05:00 PM IST

China to add capital at big banks for 1st time in a decade: All you need to know

China will inject capital into its largest banks to combat low profits and rising bad debt. This initiative includes mortgage rate reductions and adjustments to reserve requirements, aiming to stabilize the banking sector and support economic growth amid ongoing challenges.

Published on Sep 24, 2024 12:15 PM IST

Samsung's 'no work, no pay' showcause notice to protesting workers: Top updates

Samsung India protests: Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near Chennai.

Published on Sep 24, 2024 12:09 PM IST

Levi Strauss warns of delay in reaching $10 billion revenue target: Report

The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, US.

Published on Sep 24, 2024 12:01 PM IST

Delaware court says Byju's defaulted on $1.5 billion loan, favours US lenders

Byju's crisis: The Delaware Supreme Court has upheld a ruling that Byju's defaulted on a USD 1.2 billion loan, validating lenders' claims. Byju's acknowledged the default, which has led to increased claims during ongoing insolvency proceedings against the company.

Published on Sep 24, 2024 11:22 AM IST

Elon Musk praises Italy PM Giorgia Meloni: ‘Authentic, honest, truthful’

Elon Musk celebrated Giorgia Meloni with the Global Citizen Award, highlighting her strong EU support. Meloni warned against unchecked migration and stressed the need for political control over AI to prevent global imbalances.

Updated on Sep 24, 2024 11:11 AM IST

JPMorgan's Jamie Dimon on India: ‘Can hit $7-trillion target by 2030'

JPMorgan CEO Jamie Dimon emphasized the importance of US-India economic relations and criticized over-reliance on China, advocating for diverse supply chains and better policies.

Published on Sep 24, 2024 10:50 AM IST

Gold Rate Today 24-09-2024: Check latest prices in your city

Gold silver image

Published on Sep 24, 2024 10:15 AM IST

Sensex crosses 85,000 for the first time, Nifty at fresh record high

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.

Updated on Sep 24, 2024 10:11 AM IST

Melinda French Gates says she doesn't like being a billionaire because…

Melinda French Gates discusses her wealth, viewing it as a responsibility rather than a burden. With a net worth of $11-$13.5 billion, she intends to focus on philanthropy for women and families, especially after resigning from the Gates Foundation and receiving additional funds for charitable work.

Published on Sep 24, 2024 09:58 AM IST

Laapataa Ladies on OTT: Where to watch India's official Oscars 2025 entry

Kiran Rao's Laapataa Ladies, nominated for the Oscars 2025, tells the story of two brides who switch lives. The film premiered at TIFF 2023 and is available on Netflix with subtitles in various languages.

Updated on Sep 24, 2024 09:22 AM IST

OpenAI's news account on X hacked, sends posts on cryptocurrency

OpenAI confirmed a security breach of its X account, where unauthorized posts solicited users for a fraudulent crypto token. This incident comes after internal warnings about recent account takeovers involving OpenAI staff and prior similar posts from related accounts.

Published on Sep 24, 2024 09:13 AM IST