Uber exits Nigeria, Uganda Uber is pulling out of Nigeria and Uganda, closing operations in two African markets where ride-hailing companies have faced a difficult combination of rising operating costs, pressure on fares and growing competition.The exits took effect on September 2, ending Uber’s 12-year run in Nigeria and roughly a decade in Uganda. The…
Finance minister Nirmala Sitharaman described artificial intelligence as “a double edged sword”, warning that while it can help detect fraud, it can also be used to perpetrate it. Speaking at the Global Fintech Fest 2026, Sitharaman also added that innovation should expand efficiency without creating new forms of systemic fragility.Cautioning about the risks linked to…
Indian Railways is undertaking several measures to modernise and strengthen its rail ticket booking system. The Indian Railway Catering and Tourism Corporation (IRCTC) has set a new ticket booking record! Online booking of train tickets now accounts for 89% of total train ticket bookings on the Indian Railways network and this rush became evident when…
The absence of an original ITR became a key issue. An Indian working in Kuwait and originally from Ahmedabad received an income tax notice after he failed to file an Income Tax Return (ITR), despite remitting more than a crore to his bank accounts in India.The man had moved to Kuwait to work in the…
The BSE SENSEX declined by 385.74 points (-0.51%) to stand at 74,516.85, pressured by losses across banking and heavyweights. The index opened at 74,309.16 and traded within a intraday range between a low of 74,160.16 and a high of 74,584.35, following its previous session close of 74,902.59. IT stocks provided support to the index, led…
Gold’s intraday structure has turned constructive after the sharp recovery from lower levels. Gold price prediction today: Gold is showing a constructive intraday bias and a buy on dips strategy is favoured, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. The analyst shares the rationale:MCX Gold October futures are showing signs…
Top stocks to buy today on September 11, 2026 Stock market recommendations:Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power are the top stocks to buy today on September 11, 2026, identified and recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. Here’s what he has to say:Buy Finolex Cables at Rs 1418-1410;…
Rupee falls 27 paise against US dollar Rupee began Friday on a weak note, falling 27 paise to extend its decline against the US dollar. In early trading, the currency touched 95.79 as high crude oil prices and foreign portfolio outflows continued to weigh it down.Rupee began the session at 95.70 against the dollar at…
IMF hails India’s 7.8% growth, calls economy a key global growth engine India’s economy has stayed on the growth track despite the energy price shock, with real GDP rising 7.8% in the April-June quarter. The IMF hailed the stronger-than-expected performance, saying that the growth was boosted by better-than-expected activity in services and exports.At a press…
Outlook for the precious metals remains closely tied to the direction of US monetary policy, with expectations of higher interest rates emerging as a key pressure point for the metal. Stronger-than-expected inflation data could reinforce expectations of further rate increases, while elevated bond yields and a firmer US dollar could add to the pressure on…