Gold Prices Prediction: Gold, silver prices seen rising next week as US inflation data, West Asia tensions guide markets

Gold and silver prices are expected to remain firm next week (representative image) Gold and silver prices are expected to remain firm next week, with inflation data from major economies and developments around efforts to end hostilities in West Asia likely to influence bullion markets, analysts said.Investors will track inflation figures from the US, Germany,…

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Fdi Approval Threshold Increase: Government weighs raising FDI approval threshold to Rs 15,000 crore from Rs 5,000 crore: Report

Government weighs higher FDI approval limit to ease investment process (representative image) The government is considering raising the threshold for foreign direct investment (FDI) proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from the current Rs 5,000 crore, in a move aimed at further improving India’s investment climate,…

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After years, government looks to revamp investment treaty

The model treaty provisions require foreign investors to exhaust domestic legal remedies for five years before seeking international arbitration to resolve disputes. NEW DELHI: After years of discussion, government has finally got down to reviewing the model bilateral investment treaty (BIT), often cited as a roadblock to attracting investments.“The BIT is under review, and we…

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Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate

American multinational conglomerate Berkshire Hathaway reported stronger-than-expected second-quarter results, with operating profit, revenue and net income rising, while its massive cash pile fell as the company stepped up stock purchases and buybacks.Operating profit rose 16 per cent year-on-year to $12.98 billion, beating analyst expectations, reported Reuters. Revenue increased 10 per cent to $101.81 billion, while…

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‘No charges on digital payments for consumers’

For nearly 10 years, banks, payment companies, fintechs, NPCI and RBI have collectively invested in technology, cybersecurity, fraud prevention, innovation and customer support The government’s move to lift the legal restriction on banks and platforms from imposing a charge or merchant discount rate (MDR) on UPI transactions, hitherto free, has generated a lot of debate…

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