Mobile payments on the rise but cash decline slows

Gold Holds Losses as Bond Selloff, Hormuz Limbo Weigh on Outlook

Gold steadied after a bond rout and deadlock in the Strait of Hormuz snapped a nascent uptrend.

Terton Capital Challenges Korea’s Golfzon on Second Buyout Bid

In aatmanirbharta push, 405 defence items to be indigenised

In another Aatmanirbharta push, 405 key defence items of military platforms ALH, Tejas, tanks and warships to be indigenised NEW DELHI: Rajnath Singh-led defence ministry has notified sixth positive indigenisation list (PIL) comprising 405 strategically important items with an estimated business potential of Rs 3,070 crore, a move that seeks to reduce dependence on imports and give a further push to ‘atmanirbharta’ in defence production. The list contains line replaceable units, sub-systems,...

JBS Seeks Rest of Pilgrim’s Pride Stake in $1.2 Billion Deal

Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1.2 billion.