Brent crude fell 1.05% to trade at $60.06 per barrel, a modest retreat that highlights the tug-of-war between supply-side discipline and demand worries in global energy markets. The move underscores how sensitive oil prices remain to economic signals, policy decisions and short-term market sentiment. Market snapshot The drop to about $60 a barrel comes after … Read more
The Indian rupee strengthened on the interbank market, opening at 90.20 against the US dollar and climbing to trade at 89.92 — a gain of 26 paise from its previous close. The move reflects intra-day buying interest and a softer dollar tone that helped domestic currency recover ground. Market snapshot Opening rate: 90.20 per US … Read more
Fund Secures ₹1,290 Crore at First Close, Aiming for ₹1,500 Crore with Green-Shoe Option A recently launched investment fund has completed its first close with commitments totalling about ₹1,290 crore. The fund is targeting a final corpus of ₹1,500 crore and has a green‑shoe option that could lift the total capital to an additional ₹1,000 … Read more
Tax authorities around the world are increasingly piloting and deploying generative AI to sift through mountains of filings, flag anomalies and speed up compliance processes. The technology promises sharper detection and faster processing, but courts and experts are cautioning that automation cannot replace human judgment. The balance between efficiency and fairness is shaping how governments … Read more
Venezuela shipped 113 metric tonnes of gold from its central bank Shipments totalling 113 metric tonnes of gold were dispatched from the country’s central bank after the government moved to sell part of its reserves. The sales are part of broader efforts to shore up public finances and provide liquidity for the economy. What the … Read more
A worrying new form of fraud has been targeting older adults: criminals use video calls to convince victims they are being “arrested” and pressure them into sending money immediately. The scam combines visual intimidation, fake credentials and urgent threats to create a believable emergency that many seniors find hard to resist. How the “digital arrest” … Read more
Acquisition signals a shift in India’s commercial and industrial power landscape A recent acquisition in the commercial and industrial (C&I) power sector highlights a broader trend: businesses in India are increasingly turning to private clean-energy suppliers. This shift is reshaping how companies buy electricity and creating a fast-growing market for independent renewable producers, energy service … Read more
Titan’s jewellery arm, anchored by its largest brand, reported a striking 41% jump in business — a gain largely attributed to higher average selling prices rather than a surge in new buyers. The result points to a shift in how customers are spending in the jewellery market: buying pricier pieces rather than simply more items. … Read more
A short clip from the 2017 documentary Becoming Warren Buffett has recently been making the rounds on social media. Viewers were struck not by a dramatic revelation, but by something surprisingly ordinary: the famed investor’s relaxed breakfast habits. The scene flies in the face of the tidy, hyper-structured morning routines often shared as the secret … Read more
The January 2025 circular introduces a specific timing framework for how purely educational institutes may receive and use certain datasets. Under the new rules, these institutes can hold data with a one-day lag but may only put it to active use after a three-month lag. That layered approach creates both opportunities and clear obligations for … Read more