Business

Europe is moving its gold out of America; where is it headed

September 6, 2026

In a strategic maneuver amidst rising global tensions, the Netherlands has transferred part of its gold reserves to London, seeking more immediate access in times of crisis. The Dutch central bank cites London as a hub for the most liquid gold trading. This shift underscores a larger trend among central banks worldwide, which have been...

FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September

September 6, 2026

In early September, foreign portfolio investors pulled out Rs 7,443 crore from Indian equities after experiencing two months of net investments. This retreat was influenced by soaring crude oil prices and stable US bond yields, which dampened investor enthusiasm. Additionally, foreign entities maintained their selling spree in the Indian debt market. Future FPI movements will...

Onion prices still make eyes water despite Centre's Rs 35/kg buffer sale

September 6, 2026

In a move to curb soaring onion prices, the government is implementing subsidized sales, dispersing around four thousand tonnes of onions to seventeen cities. With fresh kharif onion arrivals anticipated from mid-October, the supply situation is set to improve, although the recent rabi crop suffered from unexpected rains, complicating storage. This initiative aims to alleviate...

Rs 1 lakh gold investment becomes Rs 3.28 lakh in 5 years: 228% return plus interest

September 6, 2026

The Reserve Bank of India (RBI) has announced the premature redemption price for the SGB 2021-22 Series VI, which was issued on September 7, 2021. In a statement, the RBI has said that investors in this gold bond series will be able to exercise the premature redemption option from September 7, 2026.

Crude prices, Fed bets and more: What’s in store for markets this week

September 6, 2026

In the coming week, global events are set to significantly impact stock markets, with investors on high alert for developments in the Middle East and fluctuations in crude oil prices. Critical US inflation figures and the Federal Reserve’s policy trajectory are pivotal focal points. The recent positive employment statistics in the US have heightened speculation...

India holds strong: How government & RBI worked to shield economy from US-Iran war

September 6, 2026

The economy has shown resilience in the face of multiple crises. GDP growth is just one aspect of the story. Foreign exchange reserves have recently hit an all-time high. GST collections – an important high frequency indicator – are robust. India’s exports have successfully diversified into new markets even as Free Trade Agreements load in...

Rs 41.69 lakh cash deposits, no ITR: He said wife, father paid expenses; ITAT rejects plea

September 6, 2026

Reddy said he discovered the notice relating to the unexplained cash deposits only when he applied for a visa for foreign travel. He claimed that the Embassy informed him that an ITR was required for the visa application, which was when he came to know about the tax proceedings. The Income Tax Officer, however, did...

Son loses gifted flat after neglecting parents; why he may still inherit it later

September 6, 2026

A recent Bombay High Court case involved a son who was directed to vacate his father’s flat after the court found that he had failed to honour the condition attached to the gift of the property. The flat had been transferred to him on the understanding that he would take care of his parents, an...

Anthropic IPO: AI giant delays public offering, eyes mid-October market debut

September 5, 2026

Anthropic has postponed its initial public offering, now aiming for mid-October for its market launch. Investors are optimistic about a potential $2 trillion valuation for the artificial intelligence firm. The company is also securing a major $15 billion credit facility ahead of upcoming analyst meetings. They project significant revenue growth, targeting $200 billion by 2028,...

Trump team quietly closed probe into businessman eyed by US to broker Venezuela oil deal

September 5, 2026

The Trump administration sought Alejandro Betancourt’s help for a major US oil deal with Venezuela. Federal prosecutors recently closed their investigation into Betancourt after administration officials intervened. Betancourt was investigated as part of a probe into alleged embezzlement and laundering from PDVSA. His position shifted as the administration sought a larger role for US companies...

Scientists discovered an underwater city of 20,000 octopus nests deep inside California coast

Scientists removed 70% of lake logs; yellow perch nearly vanished in 2 years

Argentina planted eucalyptus trees that reduced groundwater level by more than half a metre

US issues security warning, restricts government travel to Mexican border city Nogales

Australian woman planted 119,000 trees on cleared land; 10 years later, rainforest returns

In 2018, billionaire pharma heir Frank Binder paid $33 million for a Hollywood Hills mansion

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Europe is moving its gold out of America; where is it headed

FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September

Onion prices still make eyes water despite Centre's Rs 35/kg buffer sale

Rs 1 lakh gold investment becomes Rs 3.28 lakh in 5 years: 228% return plus interest

Crude prices, Fed bets and more: What’s in store for markets this week

India holds strong: How government & RBI worked to shield economy from US-Iran war

Rs 41.69 lakh cash deposits, no ITR: He said wife, father paid expenses; ITAT rejects plea

Son loses gifted flat after neglecting parents; why he may still inherit it later

Anthropic IPO: AI giant delays public offering, eyes mid-October market debut

Trump team quietly closed probe into businessman eyed by US to broker Venezuela oil deal

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Scientists discovered an underwater city of 20,000 octopus nests deep inside California coast

Scientists removed 70% of lake logs; yellow perch nearly vanished in 2 years

Argentina planted eucalyptus trees that reduced groundwater level by more than half a metre

US issues security warning, restricts government travel to Mexican border city Nogales

Australian woman planted 119,000 trees on cleared land; 10 years later, rainforest returns

In 2018, billionaire pharma heir Frank Binder paid $33 million for a Hollywood Hills mansion

Argentina planted eucalyptus trees that reduced groundwater level by more than half a metre

US issues security warning, restricts government travel to Mexican border city Nogales

Australian woman planted 119,000 trees on cleared land; 10 years later, rainforest returns

Stay in the loop

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Scientists discovered an underwater city of 20,000 octopus nests deep inside California coast

Scientists removed 70% of lake logs; yellow perch nearly vanished in 2 years

Argentina planted eucalyptus trees that reduced groundwater level by more than half a metre

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