Gold rate outlook: Prices to stay in corrective phase ahead of key US, China data; Fed remarks, tariff hearing in focus

Gold rate outlook: Prices to stay in corrective phase ahead of key US, China data; Fed remarks, tariff hearing in focus

Gold prices are likely to remain in a corrective phase in the coming week as investors await key macroeconomic data from the US and China, along with fresh cues from Federal Reserve officials and a US Supreme Court hearing on trade tariffs, analysts said.“Gold prices are expected to see some consolidation or more correction as…

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Startup push: DPIIT signs MoUs with 50+ firms to boost manufacturing innovation; aims to scale startup ecosystem through industry tie-ups

Startup push: DPIIT signs MoUs with 50+ firms to boost manufacturing innovation; aims to scale startup ecosystem through industry tie-ups

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed over 50 memoranda of understanding (MoUs) with leading companies–including ITC, Flipkart, Mercedes-Benz, boAt, and Hero MotoCorp –to strengthen the manufacturing and innovation ecosystem for startups, an official said.As part of the initiative, the department has been engaging with corporates, industry associations, veterans, and…

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Aviation upgrade: IndiGo to roll out evidence-based pilot training; aims to boost skills, safety and decision-making

Aviation upgrade: IndiGo to roll out evidence-based pilot training; aims to boost skills, safety and decision-making

IndiGo, the country’s largest airline by market share, plans to introduce evidence-based training (EBT) programmes for its pilots as part of its efforts to enhance their skills, situational awareness, and decision-making capabilities, a senior company official said.The airline, which currently operates over 2,300 daily flights and has a fleet of more than 400 aircraft, is…

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Corporate consolidation: NCLT clears merger of Suzuki Motor Gujarat with Maruti Suzuki India; tribunal finds no impediment to consolidation plan

Corporate consolidation: NCLT clears merger of Suzuki Motor Gujarat with Maruti Suzuki India; tribunal finds no impediment to consolidation plan

The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of…

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Tech push: Assam to join global semiconductor map by 2026; FM Sitharaman reviews Rs 27,000 cr Tata OSAT project

Tech push: Assam to join global semiconductor map by 2026; FM Sitharaman reviews Rs 27,000 cr Tata OSAT project

Finance Minister Nirmala Sitharaman reviewed the progress of the Tata Electronics’ Outsourced Semiconductor Assembly and Test (OSAT) facility at Jagiroad in Assam’s Morigaon district, calling it a key step toward positioning the state as part of the global semiconductor ecosystem by 2026.Accompanied by Chief Minister Himanta Biswa Sarma, the finance minister inspected the project site…

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Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay

Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay

Representative image (Picture credit: ANI) Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and industrial…

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Uttarakhand infra boost: PM Modi unveils over Rs 8,000 cr projects in Dehradun; key initiatives in water, energy, sports & more

Uttarakhand infra boost: PM Modi unveils over Rs 8,000 cr projects in Dehradun; key initiatives in water, energy, sports & more

Uttarakhand marked its Silver Jubilee on Sunday as Prime Minister Narendra Modi visited Dehradun to inaugurate multiple development projects and engage with local residents.Governor Lieutenant General (Retd.) Gurmit Singh and Chief Minister Pushkar Singh Dhami attended the programme, where PM Modi interacted with stakeholders and addressed the gathering.He said, “This day of November 9th is…

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US–China trade ties: Beijing halts export ban on ‘dual-use’ materials; gallium, germanium, antimony set to flow again

US–China trade ties: Beijing halts export ban on ‘dual-use’ materials; gallium, germanium, antimony set to flow again

China has stepped back from one of its toughest trade measures against the United States, pausing a ban that restricted exports of gallium, germanium, antimony and other products linked to high-tech manufacturing. The commerce ministry said on Sunday that the suspension applies to “dual-use” items, goods that can be used for both civilian and military…

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China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

China saw a mild increase in consumer prices in October, breaking a stretch of stagnation and decline as the world’s second-largest economy continues to fight a series of economic setbacks. Official figures released on Sunday by the National Bureau of Statistics (NBS) show that the consumer price index (CPI) edged up 0.2% year-on-year last month….

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US shutdown: More than 2,500 flights cancelled over weekend; passengers left confused amid Thanksgiving season

US shutdown: More than 2,500 flights cancelled over weekend; passengers left confused amid Thanksgiving season

Flight schedules across the United States were thrown off course this weekend, after the Federal Aviation Administration (FAA) ordered airlines to scale back operations due to the ongoing government shutdown, a move that has already led to more than 2,500 cancellations by Saturday evening.The FAA’s directive, issued because staffing levels have dropped at radar centres…

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