Tag: NDTV Profit

India’s foreign exchange reserves jumped by $14.167 billion to $701.36 billion during the week ended Jan. 16, the Reserve Bank said on Friday. The overall reserves had increased by $392 million to $687.193 billion in the preceding week. The reserves climbed to an all-time high of $704.89 billion in September 2024, but have been under…

Read More “Forex Reserves Up $14 Billion To $700 Billion: RBI Data” »

Beijing is deepening an investigation into Meta Platforms Inc.’s $2 billion acquisition of Chinese-founded AI startup Manus, raising the risk that regulators will seek to alter or even unwind the deal if wrongdoing is found. Chinese officials had begun looking into whether the December takeover of the agentic AI startup violated tech export or national security regulations….

Read More “China Deepens Review of Meta’s Landmark $2 Billion Manus Buyout” »

The Karnataka High Court on Friday lifted the ban on bike taxis, paving the way for the resumption of services across the state. Karnataka Transport Minister Ramalinga Reddy said he had not yet received a copy of the order and would comment after reviewing it. However, he said the division bench of the High Court…

Read More “Karnataka HC Lifts Ban On Bike Taxis In Relief To Uber, Rapido, Ola” »

Even as silver has outperformed gold in percentage terms over the past year, billionaire investor and Bridgewater Associates founder Ray Dalio remains firmly constructive on gold, calling it a structural allocation rather than a speculative trade as the global monetary system comes under strain. After outperforming gold last year, silver’s price momentum has continued into…

Read More “Why Ray Dalio Prefers Gold Over Silver Despite The Metal’s Hot Rally” »