Veteran investor Vijay Kedia said the demand for gold has become "euphoric", and he won't buy the precious metal at the current prices. Gold crossed the ₹94,000 mark for the first time earlier this week. Speaking on US' reciprocal tariffs, Kedia said, "It's a blessing in disguise...Private sector needs to...figure out how this adversity can be used to their benefit."

I won't buy gold at current prices, it has become euphoric: Kedia

Congress leader Rahul Gandhi said the reciprocal tariffs announced by US President Donald Trump will "completely devastate" India. "We would like an answer from...Government of India what are you going to do about this tariff that our ally has imposed on us," Rahul said. Notably, the US will charge 27% tariffs on goods that India exports to the country.

What will you do: Rahul asks govt as US imposes reciprocal tariffs

US will charge 27% tariffs on goods that India exports to the country, White House said. According to an annex listing future reciprocal tariff rates, the 26% tariff on Indian imports has been changed to 27%. The US government noted that initially, a 10% tariff will be imposed on all countries, which will later be increased to the mentioned rates.

US to charge 27% tariff, not 26% on goods imported from India

Finance Minister Nirmala Sitharaman announced that public provident fund (PPF) subscribers wouldn't have to pay ₹50 for updating nominee details. The change was made to the Government Savings Promotion General Rules. "The Banking Amendment Bill 2025...allows nomination [of] up to four persons for payment of depositors' money, articles kept in safe custody and safety lockers," she added.

Govt removes ₹50 fee for updating nominee details in PPF accounts

Travel credit-card startup Scapia has raised $40 million in a Series B funding round led by Peak XV Partners, with participation from existing investors Elevation Capital, Z47, and 3STATE Capital. The funds will be utilised to expand the company's team, enhance its product offerings, and strengthen branding.

Travel fintech Scapia raises $40 million led by Peak XV

Power Grid Corporation of India (POWERGRID) secured a contract to develop an inter-state transmission system for evacuating power from Mahan Energen Limited in Madhya Pradesh. The project, executed on a BOOT basis, includes a 400kV Double Circuit Transmission Line and associated bays at the Rewa Power Station sub-station.

Powergrid wins 400kV transmission project in Madhya Pradesh

Kalpataru Projects International Limited (KPIL) secured new orders worth ₹621 crore in the Buildings & Factories and Railway segments in India. MD & CEO Manish Mohnot stated that these orders strengthen KPIL’s order book, which has surpassed ₹25,000 crore for FY25, supporting its strategy of a diversified project portfolio.

KPIL bags ₹621 crore orders, boosts FY25 order book

 Newgen Software secured a ₹17.51 crore domestic order for LOS, account opening, and DMS solutions, to be executed over five years. Additionally, its US subsidiary, Newgen Software Inc, signed two SOW agreements worth $1.68 million with an international client, strengthening its global presence and driving revenue growth.

Newgen secures order worth ₹17.5 crore to be executed over 5 years

Bewakoof.com founder Prabhkiran’s viral LinkedIn post blended entrepreneurial pride with real-life humor as his wife, Jaya Singh, grounded him with a relatable to-do list. From dry cleaning coats to rebooting the car’s audio system, Jaya’s message struck a chord. The post humorously reflected on balancing entrepreneurial success with everyday responsibilities, resonating with many on social media.

Bewakoof founder’s wife’s to-do list for him goes viral

Union Minister for Railways, Ashwini Vaishnaw, announced that the Kisan Rail service has transported nearly 7.9 lakh tonnes of perishables over the past five years. Since its launch on August 7, 2020, the service has operated 65 times from Gujarat, delivering approximately 18,250 tonnes of fruits and vegetables to various parts of the country.