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Gold prices sank to their lowest level in almost two months on Thursday as a renewed flare-up in hostilities between the United States and Iran boosted global oil prices and the US dollar, weighing on demand for the precious metal. Investor fears over prolonged geopolitical tensions and increasing inflation pressure from surging crude oil prices caused spot gold to tumble in overseas markets.The dollar's rise to a near one-week high on a flare-up in the Middle East made gold more expensive for holders of other currencies and less attractive, analysts said. Higher oil prices also raised fears of a longer…

Hindustan Petroleum Corporation Limited (HPCL) and Tata Motors have entered into a strategic partnership to develop a scalable circular economy model for the responsible collection and recycling of used automotive lubricants in India. The two companies signed a Memorandum of Understanding (MoU) to pilot a structured system aimed at strengthening sustainable waste management and supporting India’s evolving Extended Producer Responsibility (EPR) framework. The initiative will focus on establishing an organised and traceable mechanism for collection, storage, transportation and recycling of used lubricants, classified as hazardous waste. The recycled oil will be converted into high-quality re-refined base oil, improving resource efficiency…

The British government is reportedly prepared to block Indian billionaire Sunil Bharti Mittal from increasing his stake in BT Group. According to a report by the Financial Times, which cited sources familiar with the matter, the UK government intends to oppose any such move by Bharti Enterprises to protect and maintain sovereign control over the nation’s "critical national infrastructure." This development follows reports last week that Bharti Enterprises was exploring options to raise its stake in the British telecom giant. The proposed increase would have brought its holdings to just below the mandatory threshold required to trigger a full takeover…

Taneira has launched ‘Inaya’, a contemporary saree collection designed for women seeking elegant yet effortless fashion for celebrations, weddings and festive gatherings. Starting at Rs 3,499, the collection reflects changing consumer preferences as more women look for versatile occasion wear that combines comfort, individuality and modern styling. Crafted largely from lightweight and flowy fabrics, the collection draws inspiration from nature and celestial movement, featuring abstract floral impressions, geometric influences and shades inspired by dawn, twilight and blooming landscapes. The collection has been positioned as accessible premium wear for intimate celebrations and milestone moments. Speaking on the launch, Somprabh Kumar Singh…