As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-

Silver prices in India have surged to a historic high, crossing the Rs 4 lakh per kilogram mark in futures trading and pushing up spot prices across major cities. The sudden spike has caught many buyers by surprise, especially as silver was trading at much lower levels just weeks ago. The rally has been sharp and swift, making silver one of the strongest-performing commodities in recent times and raising questions among consumers and investors about whether prices will continue to rise or cor

The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Gold prices are hovering near record highs across both global and domestic markets, supported by a rare convergence of powerful macroeconomic and geopolitical factors. Investors tracking precious metals are increasingly questioning whether the rally still has momentum left or if prices are nearing exhaustion after a sharp multi-year run. Market experts say the surge in gold prices is not being driven by a single trigger. Instead, a combination of safe-haven demand, aggressive centra

Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl

Andhra Pradesh Chief Minister Chandrababu Naidu’s wife, Nara Bhuvaneshwari, has brought pride to her family and state after winning two prestigious international awards in London. Known for her active involvement in business management and philanthropy, Bhuvaneshwari received the IOD Distinguished Fellow Award, recognizing her outstanding contributions to business leadership, public service, and community development. The event was attended by prominent global business leaders, marking a pr

Kimberly-Clark announced plans to acquire Kenvue, the maker of Tylenol and Listerine, in a cash and stock deal valued at approximately $48.7 billion. The transaction marks one of the largest corporate takeovers of the year and will unite some of the world’s most recognized household and healthcare brands under a single company. Following the merger, shareholders of Kimberly-Clark will hold about 54 percent of the combined entity, while Kenvue investors will own the remaining 46 pe

U.S. President Donald Trump conceded in a recent interview that imposing a 100% tariff on Chinese imports would not be a lasting policy, saying, “It’s not sustainable, but that’s what the number is.” He asserted that Beijing “forced me to do that,” pointing to China’s tighter export controls—especially on rare earth elements—as justification for the heightened measur

Tesla’s board of directors has proposed an unprecedented compensation package for CEO Elon Musk that, if fully realized, could make him the world’s first trillionaire. The proposal, which is entirely structured around Tesla stock awards, will be voted on by shareholders on November 6. If approved, it would cement the largest executive compensation deal in corporate history and tie Musk’s personal wealth directly to Tesla’s transformation into a technology powerhouse.

Apple has made headlines with its latest real estate investment spree, spending over half a billion dollars in just one week. The tech giant finalized two major property purchases in Silicon Valley, underscoring its commitment to expanding its footprint in the region. On June 24, Apple closed a deal to acquire the 220,000-square-foot Cupertino Gateway complex for $166.9 million. Located on North Tantau Avenue in Cupe

 In a major policy development, the Indian government has initiated high-level talks to overhaul the Goods and Services Tax (GST) framework. According to a report by The Economic Times, the discussions aim to streamline the current slab structure, reduce business complexities, and prepare Indian industries for greater global competitiveness. The GST overhaul talks come amid broader tax reform efforts, including the introduction of an income tax simplification bill earl