Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Oil prices slip. Photo credit: Reuters Oil prices fell on Monday after US-Iran talks in Switzerland concluded with Tehran saying it had secured waivers for oil and petrochemical exports, easing concerns over potential supply disruptions in global energy markets.Brent crude futures were down $1.53, or 1.90 per cent, at $79.04 per barrel. Prices had earlier…

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Gold, Silver Rate Today Live Updates: International gold, silver prices rebound on US-Iran peace talks

Gold, Silver Rate Today Live Updates: Apart from geopolitical developments, investors will monitor the People’s Bank of China’s policy decision on Monday, preliminary manufacturing and services PMI readings from major economies, US housing data, Personal Consumption Expenditures (PCE) inflation figures and consumer sentiment data. Statements from Federal Reserve officials will also remain under scrutiny as…

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Govt starts work on steps to increase domestic resilience

NEW DELHI: Wiser from the experience of disruptions caused by the war in West Asia, govt departments have started work on a series of measures to increase domestic resilience and reduce vulnerabilities caused by shocks, whose frequency has increased in recent years.From identifying 100-150 items for import substitution, to boosting the production of active pharamceutical…

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After initial rush, semaglutide therapy market saddled with 100cr excess stock

NEW DELHI: The much-hyped weight-loss and semaglutide therapy market has hit an early speed bump. Sluggish sales of semaglutide therapies in May have raised fears of inventory-led losses, with industry estimates pegging the value of excess stock in the trade channel at around Rs 100 crore, sources told TOI.At present, stockists and wholesalers are holding…

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Why IT firms are moving beyond token maxxing

BENGALURU: As enterprises race to deploy GenAI, a new challenge is emerging for IT firms: token maxxing. Tokens-the units consumed whenever large language models process information-have become the fundamental currency of AI. But after an initial wave of experimentation, IT services companies are increasingly warning that relentless token consumption without measurable business outcomes could become…

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India’s digital sector faces competition, policy and tech challenges despite strong growth outlook

India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying competition, evolving regulations, cybersecurity threats and rapid technological change, India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying…

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Top-10 firms gain Rs 2.15 lakh crore in a week; Airtel emerges biggest winner

Improving global risk appetite and a strong rally in equities helped nine of India’s 10 most valuable companies add a combined Rs 2.15 lakh crore in market valuation last week, with Bharti Airtel emerging as the biggest gainer.The benchmark BSE Sensex climbed 1,274.95 points, or 1.68%, during the week, PTI reported.“Indian equity markets extended their…

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