Business

In court, China Evergrande Group faced accusations including illegal fundraising through public deposits, fraud, corporate bribery. (AP file photo of Evergrande complex) Hui Ka Yan, the founder of heavily indebted property giant China Evergrande has admitted guilt to multiple offences. These include unlawfully taking public deposits, fraud, and corporate bribery, according to a statement released…

Gold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link

China’s export growth slowed sharply in March, with a year-on-year rise of just 2.5% as the Middle East war continues to cast a shadow over global demand and energy markets. The latest customs figures not only fell below expectations but also marked a sharp slowdown from the 21.8% growth seen in the first two months…

Delhi-Dehradun Expressway Delhi-Dehradun Expressway opens today! The much awaited Delhi-Dehradun Economic Corridor, that will slash the travel time between the two cities is all set to be inaugurated by PM Narendra Modi today. Built under the National Highways Authority of India (NHAI), the Delhi-Dehraudun expressway has several unique features, including a wildlife corridor for easy…

Planning a bank visit this week? You might want to check your city’s bank holiday list first! Bank holidays in India often vary from state to state, depending on the event, occasion and regional festivals. With no single uniform calendar followed across the country, your bank trip might be wasted in case the day turns…

Asian markets opened on a stronger note on Tuesday lifted by lower oil prices and hopes of US-Iran talks. US dollar reflected cautious optimism over renewed diplomatic efforts between Washington and Tehran, even after a breakdown in weekend peace talks.In Seoul, financial markets reacted positively to the prospect of a deal. The benchmark KOSPI surged…

Oil prices eased below the $100 per barrel mark on Tuesday on hopes of easing United States–Iran talks aimed at ending the ongoing war. The news provided some relief amid fears over supply disruptions due to the Strait of Hormuz blockade.Brent crude futures slipped $1.86, or 1.87%, to $97.50, while US West Texas Intermediate (WTI)…

The US-Iran conflict’s escalation in Feb 2026 put the Indian rupee under sharp pressure-it declined 4% and breached the 95 mark against the dollar. Usually RBI tackles volatility by selling dollars, but this time it cracked down on what it described as ‘excessive speculaton’-bets against the rupee in India and abroad, and took measures to…

NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the second consecutive month to 3.4% (y-o-y) in March from 3.2% in Feb on account of acceleration in food prices, electricity, gas and other fuels, data released by NSO showed Monday. The food index rose 3.9% in March, above 3.5% in preceding…

Emkay Global Financial Services has initiated its coverage of Avenue Supermart (D-Mart) with a sell rating and the target price at Rs 3,700. Analysts said the stock, trading at 70x forward price-to-earnings (P/E) ratio prices in a business D-Mart needs to become, not what it is. Quick commerce players are now only 4-13% pricier than…