Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices drop; International gold prices move up as all eyes on US-Iran peace deal

Gold and silver prices began Friday’s trade on a softer note on the Multi Commodity Exchange (MCX) as market participants balanced uncertainty surrounding the ongoing Middle East conflict against reports suggesting a possible extension of the ceasefire arrangement between the United States and Iran. Investor sentiment also remained cautious amid persistent concerns over inflation and…

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Bajaj Finserv sets up unit to invest in new age ventures

MUMBAI: Bajaj Finserv has launched a new division, Finserv Intelligence, which it may carve out as a separate business in future. Through Finserv Intelligence, Bajaj will invest Rs 1,500 crore to Rs 2,000 crore in early-stage start-ups in AI/fintech, cybersecurity and consumer technology platforms, and will also co-create new ventures. By building applied research capabilities…

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Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

United States on Thursday imposed fresh sanctions targeting Iran’s military-linked oil trade network, despite reports suggested that Washington and Tehran have reached a tentative agreement to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz.The US Treasury Department said it has sanctioned eight vessels involved in transporting Iranian crude oil and…

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Heat beats price hikes: Summer products’ sales zoom

MUMBAI: Indians are turning to ice creams, colas, soft drinks and packaged cold coffee to survive the scorching heat, spurring sales of summer products for consumer goods companies and nudging some to upwardly revise their earlier sales estimates for the season.In a summer of price hikes and broader inflationary environment, firms are however pushing lower…

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Now, fraudsters target dormant e-commerce accounts

MUMBAI: You probably do not care much about your inactive accounts on online platforms such as Amazon or Flipkart. But do you know that your dormant e-commerce accounts are being targeted by fraudsters?Unlike financial transactions which usually leave a trail and are notified to users through mobile alerts or messages, suspicious transactions made through e-commerce…

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