Gold prices remained unchanged on Saturday with ten grams of 24 carat gold selling at Rs 56,510, the same as yesterday, according to the GoodReturns website. Silver prices, however, fell Rs 500 to Rs 68,300 per kg from yesterday's close of 68,800.

The price of ten grams of 22 carat gold declined Rs 100 to Rs 51,700.

Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, according to people familiar with the matter.

The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increased passively due to share buybacks, the people said, requesting not to be identified because the matter is private.

Directorate of Enforcement (ED) has attached assets worth Rs 305.84 crore of a private firm under section 37A of the Foreign Exchange Management Act, 1999 for violation of section 4 of the Act.

The ED attached the assets of Joyalukkas Verghese, Chairman of Joyalukkas India Pvt Ltd.

Uber Technologies Inc said on Friday plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions.

Delhi's plans, part of a new policy to regulate vehicles used by ride-hailing companies like Uber and rival Ola, are being finalised and will be rolled out soon, the Economic Times reported earlier this week.

Union Health Minister Dr Mansukh Mandaviya on Friday hailed India's response to the COVID pandemic and said that the country was able to save over 3.4 million lives by undertaking the nationwide vaccination campaign at an unprecedented scale.

The Health Minister lauded Prime Minister Narendra Modi's leadership during the pandemic and said that he initiated a "preemptive response" much before COVID-19 was declared a public health emergency of international concern on January 30, 2020, by the WHO.

BJP National General Secretary Tarun Chugh on Thursday said that the health system in Punjab has completely collapsed ever since the Aam Aadmi Party (AAP) government has come to power.

He added that while the Modi government has sanctioned two medical colleges in the state and a PGI but the AAP government is opposing it and not allowing it to happen.

A month after opening its first American outlet, Tanishq, India's leading jewelry retail brand from the house of Tata, feels that the United States offers huge opportunities for not only itself but also for other Indian retail brands as well.

This is mainly attributed to the large presence of Indian Diaspora in the country, who are among the highest per-capita income, but also because of the interest in India, its culture and products among the Americans.

The cycle is up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity which is expected to continue through FY2023-24, the Budget has a strong infrastructure thrust, which works in Siemens favour.

The company reported standalone EBITDA of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows a October-September accounting year).

India's Adani Power on Thursday promised to supply electricity to Bangladesh at a reduced price keeping consistent with the generation cost in the country's existing coal-fired plants.

The Adani will import the coal for its plants at the same price the Bangladeshi coal-run plants do for themselves, the mass-circulation Prothom Alo newspaper reported quoting an Adani official.

French rolling stock major Alstom and Hyderabad-based Medha Servo Drives participated in the bidding process to make 100 aluminium Vande Bharat train sets. According to industry experts, the cost of building 100 aluminium Vande Bharat trains is likely to be around Rs 30,000 crore.These will be the first aluminium train sets to be used by the Indian Railways.

The technical bids were opened on Thursday and financial bids are expected to be invited soon.

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