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BusinessMore than 50% of companies in the BSE 500 index are trading below their five-year average valuations. Nearly two-thirds of these companies have not delivered any returns in the past two years. Geopolitical tensions have caused significant volatility in energy prices, affecting global logistics and commodity costs.
ET Markets·3h ago
BusinessIn India, high gold prices and increased import taxes have led to a boom in under-the-counter cash gold sales. Buyers are opting for cash transactions to save significantly compared to official market prices. The informal gold market is thriving, especially before the wedding season, with retail customers finding various discounts that strongly influence their buying choices.
Economic Times·15h ago
PoliticsHilinaikailimakualopali Keeno, 24, was arrested for a shooting near the Kailua Fall Festival in Hawaii that resulted in the death of Thomas Malone. The Honolulu Police Department reported the shooting followed an argument between two groups at the music festival and continued in a Target store parking lot. Keeno faces second-degree murder and firearm charges. The investigation is ongoing with footage being reviewed.
HT World·32m ago·Kailua
TechnologyAnthropic CEO Dario Amodei met with Donald Trump and top tech leaders at the White House to discuss artificial intelligence. He emphasized AI's potential for medical breakthroughs but warned of "very real risks." Companies agreed to enhance safety measures and accept independent audits to manage these risks responsibly.
Firstpost Tech·15m ago
BusinessThe US dollar is approaching a yearly high against the euro, supported by strong US economic growth. European concerns over energy supplies and debt have weakened the euro. Upcoming US economic data is expected to impact interest rate expectations. The Australian and New Zealand dollars are also facing pressure against the strengthening US dollar.
ET Markets·45m ago
BusinessDMRC has issued a tender for constructing a twin tunnel and four underground metro stations on the 9-kilometer-long Central Vista Metro Corridor. Companies can submit online bids for the project starting November 2. The corridor will have a total of nine stations, enhancing connectivity under India Gate and surrounding areas in Delhi.
News18Hi Business·15m ago·Delhi
ET Markets·3h ago
More than 50% of companies in the BSE 500 index are trading below their five-year average valuations. Nearly two-thirds of these companies have not delivered any returns in the past two years. Geopolitical tensions have caused significant volatility in energy prices, affecting global logistics and commodity costs.
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