July 10, 2025

Business

Gold rate today: Gold prices cross Rs 1 lakh in physical market; yellow metal futures hit record high of Rs 1,00,000 per 10 grams

Admin05 mins

Gold price today: Heightened safe-haven demand for gold resulted from the US-China trade tensions. (AI image) Gold rate today: Gold futures maintained their upward momentum for the fourth consecutive session, reaching a new record high of Rs 1,00,000 per 10 grams. This surge occurred as investors sought safe-haven assets following US President Donald Trump’s announcement…

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Samsung, LG sue Indian government over electronic-waste pricing policy

Admin05 mins

South Korea’s LG and Samsung have sued India’s government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country’s environmental rules citing business impact. The lawsuits, set to be heard on Tuesday with other challenges, mark an escalation of a standoff involving foreign companies’…

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Report flags bovine risk to Vande Bharat trains; calls for safety measures  

Admin07 mins

Vande Bharat rakes, India’s first semi-high-speed trains, are being manufactured at the Integral Coach Factory, Chennai; Rail Coach Factory, Kapurthala; and Modern Coach Factory, Kapurthala, and Raebareli. File | Photo Credit: G. Moorthy The much-celebrated flagship train of the Indian Railways — the Vande Bharat Express — is prone to serious accidents even in cases…

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Don’t blame AI or Trump tariff: Indian IT faces deep trouble, says Zoho founder Sridhar Vembu. And jobs?

Admin05 mins

Zoho Corporation‘s Chief Scientist, Sridhar Vembu, has issued a sobering assessment of the current state of the Indian IT industry. Known for his candid views on social media, Vembu recently reacted to the disappointing quarterly results of major IT firms like TCS, Infosys, and Wipro, arguing that the downturn is neither just cyclical nor driven…

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Eversource Capital In Talks To Acquire BluSmart

Admin05 mins

SUMMARY Eversource Capital has offered to acquire BluSmart, which is in trouble because of its close connection with Gensol, for around INR 800 Cr to INR 1,000 Cr Eversource has put up a condition that cofounders Anmol Singh Jaggi and Puneet Singh Jaggi move out of the EV ride-hailing startup Eversource plans to merge BluSmart…

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