Business & Economy

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for 2026

ABU DHABI, United Arab Emirates -- Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over…

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MCX gold, silver rise—check city-wise rates| Business News

The prices of gold and silver rose in India today amid a softer US dollar and healthy spot demand, even as bullion fell below $4,000 an ounce in the global…

Trump warns of economic collapse: What if Supreme Court strikes down tariffs? US President’s response

US President Donald Trump has warned that the American economy could face severe damage if the Supreme Court overturns his tariff policy. In an interview at CBS’s “60 Minutes,” Trump…

Mehli Mistry files caveat on removal from Tata Trusts; cites past resolution to contest ouster

MUMBAI: Mehli Mistry, whose reappointment on Tata Trusts boards was denied by a majority decision last week, filed a caveat before the charity commissioner in Mumbai Saturday requesting an opportunity…

‘You stole a non-profit,’ Elon Musk says on OpenAI’s for-profit status. Sam Altman responds.| Business News

Techbros Sam Altman and Elon Musk traded jibes online over the status of OpenAI Inc., after the AI company they co-founded turned into for-profit enterprise following an investment from Microsoft…

Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown

The eight key members of the Opec+ alliance, including Saudi Arabia and Russia, have agreed to raise oil production by 137,000 barrels per day (bpd) starting December, marking a modest…

US tariffs hit India’s export engine: GTRI report shows 37.5% slump across key sectors; smartphones, pharma, gems among worst hit

India’s exports to the US plunged 37.5% between May and September 2025 as sweeping tariff hikes by the Trump administration squeezed margins across major sectors, according to a report by…

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