
Gold prices gained nearly 5 per cent this week as a weaker US dollar, lower Treasury yields and reduced expectations of a near-term Fed rate hike boosted demand for the precious metal.

The five-year Mobile Phone Manufacturing Scheme offers incentives of up to 5% to boost handset production, Indian brands and domestic component sourcing.

Vaishnaw says potential Indian brands could emerge within 10-14 months as government pushes domestic design and manufacturing.

The revised FDI framework has facilitated 29 proposed investments worth Rs 4,895.65 crore, with investors from Mauritius, US, Japan, Singapore and other countries.

India’s foreign exchange reserves rose $9.905 billion to $716.90 billion in the week ended August 14, supported by higher foreign currency assets and gold reserves.

BMW India unveils the locally manufactured i5 Long Wheelbase electric sedan, with bookings now open and a claimed range of up to 669 km.

The expansion will strengthen investigations and cooperation with local law enforcement, with Amazon seeking to protect sellers and shoppers as the festive shopping season approaches.

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