Reliance succession plan on track, enters final leg MUMBAI: Mukesh Ambani, chairman of Reliance Industries, said the transfer of day-to-day management at the company is “almost complete”, signalling that the succession process at the energy-to-education conglomerate has entered its final stages. The 69-year-old told shareholders that his three children – Akash, Isha and Anant –…

On the upside, 155,000 is the crucial resistance level to breach & a sustained move above that level should negate the bearish bias. Gold and silver price prediction today: Gold and silver prices are on the back foot and the downward pressure is expected to continue in the near-term, says Abhilash Koikkara, Head – Forex…

Deficit widens 31.5% to $15bn in July, electronics exports surge 11-fold India’s trade gap widened in July as imports grew faster than exports, with the combined merchandise and services deficit rising 31.5% year-on-year to $15.03 billion, according to data released by the commerce ministry.Exports of goods and services rose 13.3% to $80.14 billion in July…

Benchmark equity indices Sensex and Nifty plunged sharply on Monday, tracking a brutal global sell-off as the Middle East war deepened into its fourth week, with rising crude prices, persistent foreign fund outflows and a record-low rupee worsening investor nerves.The 30-share BSE Sensex slumped 1,836.57 points, or 2.46 per cent, to close at 72,696.39, after…

Gold and silver retained a positive outlook, with analysts pointing to continued gains while also flagging elevated volatility and periods of consolidation. Domestic gold futures rose nearly 2% during last week to close at Rs 1.54 lakh per 10 grams, while MCX silver gained 1.9% to Rs 2.35 lakh per kg. Internationally, Comex gold advanced…