News from India & International by Niaz2.0 Media
Amid a brewing ownership dispute at Sona BLW Precision Forgings (Sona Comstar) following the sudden death of its chairman Sunjay Kapur, the company on Friday said it went ahead with its Annual General Meeting (AGM) in full compliance with legal and regulatory requirements, despite a request for postponement by Rani Kapur, the mother of the…
Gold rate today: Gold prices fell for the second consecutive session on Friday, dropping Rs 500 to Rs 99,120 per 10 grams in Delhi’s bullion market amid easing global trade tensions and a decline in safe-haven demand, according to the All India Sarafa Association.The precious metal of 99.9% purity had settled at Rs 99,620 per…
India was unable to secure a carve-out from the UK’s upcoming carbon tax regime under the newly signed Free Trade Agreement (FTA), a shortcoming that could hurt Indian exports of carbon-intensive products such as steel and aluminium from 2027, according to think tank Global Trade Research Initiative (GTRI).The UK government plans to implement its Carbon…
Pharmaceutical major Cipla posted a 10% year-on-year increase in consolidated net profit at Rs 1,298 crore for the quarter ended June 30, 2025, aided by solid demand in domestic and select international markets. The company had reported a net profit of Rs 1,178 crore in the same period last year.Revenue from operations stood at Rs…
Rani Kapur has described her son late Sunjay Kapur’s passing as “sudden and suspicious”. Rani Kapur, late Sunjay Kapur’s mother, has written to Sona Comstar’s board and shareholders, asking for the company’s AGM to be postponed in the light of her son’s death. She has also raised concerns on the circumstances leading to Sunjay Kapur’s…
India’s second-largest electric scooter manufacturer by volume has been compelled to reduce its EV production by 50% this month. China’s rare earth magnet curbs are set to hit India’s auto sector, with Bajaj Auto being possibly the first to halt production of its electric scooters in August. According to Bajaj Auto managing director Rajiv Bajaj,…
Market experts anticipate Indian markets to trade within a defined range, with movements influenced by first-quarter earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Friday. While Nifty50 went below 24,900, BSE Sensex was down over 550 points. At 11:07 AM, Nifty50 was trading…
US President Donald Trump took aim at Federal Reserve Chair Jerome Powell during a rare visit to the central bank’s headquarters on Thursday, criticising the ballooning cost the historic buildings and renewed his demand for lower interest rates.During his visit to the Federal Reserve’s Washington site, just days before a key policy meeting, Donald Trump…
Gold price prediction today: The short-term outlook for gold remains cautious, with bearish signals intact across major indicators. (AI image) Gold price prediction today: Gold rates will be under pressure with a bearish outlook for the near term, say analysts. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold…
India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1….
