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BofA positive on Vedanta on improving credit profile

NEW DELHI, July 16 -- Bank of America (BofA) Global Research has maintained a positive recommendation on securities issued by Vedanta Resources Ltd and its subsidiary, citing reduced holding company l... Read More


Gold declines Rs 500; silver falls Rs 1000

New delhi, July 16 -- Falling for the second straight session, gold prices depreciated Rs 500 to Rs 98,870 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, acc... Read More


Stock markets edge up amid weak global market trends, tariff-related uncertainty

Mumbai, July 16 -- Benchmark stock indices Sensex and Nifty closed marginally higher in a rangebound trade on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-r... Read More


ITC Hotels Q1 net profit rises 53%

New delhi, July 16 -- ITC Hotels Ltd on Wednesday reported a 53 per cent jump in consolidated net profit to Rs 133.71 crore in the June quarter, on the back of higher revenue. The company, which had ... Read More


Hindustan Zinc deploys AI to boost production efficiency

New delhi, July 16 -- Hindustan Zinc Limited has taken a significant step forward with the launch of an AI-powered automation tool designed to boost production efficiency. The tool uses advanced AI a... Read More


UIDAI disables Aadhaar ids of over 1.17 cr deceased persons

New delhi, July 16 -- The UIDAI has started deactivating Aadhaar of deceased persons to prevent misuse of their identity proof, and disabled over 1.17 crore such unique 12-digit numbers till date, an ... Read More


India strengthens 'blue water diplomacy' at 2nd BIMSTEC Ports Conclave in Vizag

New Delhi, July 16 -- India's assertive 'blue water diplomacy' received a significant boost with the successful hosting of the 2nd BIMSTEC Ports Conclave held in Visakhapatnam, Andhra Pradesh, on 14-1... Read More


Sebi mulls uniformity in valuation of gold, silver held by AMCs

New delhi, July 16 -- Markets regulator Sebi is considering a review of the valuation methodology for physical gold and silver held by mutual funds through exchange-traded funds (ETFs) to ensure great... Read More


HAL gets new engineering & R&D director

Bengaluru, July 16 -- Ajay Kumar Shrivastava assumed charge as Director (Engineering and R&D) of Hindustan Aeronautics Limited (HAL) on July 15, the company said. Before this appointment, he held the... Read More


Kolkata Police junks BJP's curb claim on Puja celebrations

Kolkata, July 16 -- The Kolkata Police on Wednesday issued a public advisory denying claims that it is attempting to restrict Durga Puja 2025 celebrations. The advisory follows allegations by the BJP... Read More