Business India News

Rupee Under Heavy Selling Pressure; RBI Sells $7.7 Billion to Stabilize Currency

Mumbai: The Reserve Bank of India (RBI) sold a total of $7.7 billion (₹64,000 crore) in August to contain the sharp depreciation of the Indian rupee, which has been under intense pressure following the U.S. decision to impose heavy tariffs on Indian imports. According to the RBI’s latest monthly bulletin, the central bank intervened aggressively Read More…

Business kerala News

Gold Prices Slip After Record Highs: ₹1,520 Drop in Just Two Days Shocks Market

Kochi: After weeks of record-breaking highs, gold prices have taken a surprising dip, falling for the second consecutive day. The yellow metal, which recently appeared poised to cross the ₹1 lakh per sovereign mark, has now dropped by ₹1,520 in just two days, cooling the market’s bullish momentum. On Sunday, gold prices slipped by ₹120 Read More…

Business kerala News

Gold Takes a Tumble: Prices Drop ₹1,400 per Sovereign, Slipping Below ₹96,000 After Record Highs

Kochi: After a stunning rally that pushed prices to record levels, gold has finally lost some of its shine. In a sharp correction, prices fell by ₹1,400 per sovereign (8 grams) on Saturday, bringing the rate down to ₹95,960 per sovereign and ₹11,995 per gram — a drop of ₹175 per gram. Just a day Read More…

Business kerala News

Gold Rush Continues: Prices Soar by ₹2,840, Nearing the Historic ₹1 Lakh Mark per Sovereign

Gold is on an unstoppable rally, inching closer to the historic ₹1 lakh mark per sovereign (8 grams) as prices surged by ₹2,840 on Friday. With this sharp rise, the price of one sovereign has reached ₹97,360, while the rate per gram now stands at ₹12,170, up by ₹355. After a brief pause yesterday, the Read More…

Business kerala News

Gold Rush 2025: Prices Near ₹95,000 Mark as Investors Flock to Safe Haven

Kochi: The glitter of gold is shining brighter than ever as prices soar to record highs, inching closer to the ₹95,000 mark per sovereign. In yet another historic jump, gold prices rose by ₹400 per sovereign (8 grams) on Wednesday, taking the new rate to ₹94,520. The price per gram also climbed by ₹50, reaching Read More…

Business India News

Google Unveils $15 Billion Investment Plan to Build India’s Largest AI Hub in Visakhapatnam

Google has announced a massive $15 billion (₹1.25 lakh crore) investment to establish a world-class Artificial Intelligence hub in Visakhapatnam, Andhra Pradesh. The announcement came during “Bharat AI Shakti,” an event organized by Google ahead of the India–AI Impact Summit 2026. The project, developed in partnership with the Adani Group, will feature India’s largest data Read More…

Business kerala News

Gold Glitter Hits New Peak: Prices Near ₹92,000 as Global Uncertainty Fuels Surge

Kochi: Gold continues its dazzling rally, edging closer to the historic ₹92,000 mark per sovereign — a new record in Kerala’s bullion market. Prices climbed by ₹240 per sovereign on Sunday, pushing the rate to an all-time high of ₹91,960. The price per gram also rose by ₹30, reaching ₹11,495. The precious metal has witnessed Read More…