India Industry and Business

US Jury Rules Elon Musk Misled Twitter Shareholders in $44 Billion 2022 Acquisition

Bold News Digital Mar 21, 2026

San Francisco: A federal jury has found Elon Musk liable for misleading Twitter (now X) shareholders during his $44 billion acquisition of the social media platform in 2022, according to Bloomberg News. The verdict concluded that Musk intentionally misrepresented the platform’s number of fake accounts in order to influence the deal’s valuation.…

Indian Fund Managers Offload Government Bonds at Record Pace Amid Oil Shock

Bold News Digital Mar 20, 2026

Mumbai — Indian mutual funds have offloaded government bonds at an unprecedented pace in March, reacting to rising crude oil prices and growing macroeconomic uncertainty triggered by the ongoing Iran conflict. Data shows that fund houses…

Saudi Arabia Grapples With Oil Price Spike Amid Rising Global Tensions

Bold News Digital Mar 20, 2026

Riyadh — Saudi Arabia is facing a complex challenge as global crude prices climb sharply due to escalating geopolitical tensions and supply disruptions, prompting concern rather than celebration within the kingdom. Officials are reportedly…

BIz & Economy

Rupee Slides to Record Low, Breaches ₹93 Against US Dollar

Bold News Digital Mar 20, 2026

Mumbai — The Indian rupee slid to an unprecedented low on Friday, breaching the ₹93 mark against the US dollar for the first time, as global and domestic factors combined to weaken the currency. The sharp decline comes amid a surge in…

BIz & Economy

India Invokes Law to Seek Real-Time Data from Oil, Gas Firms Amid Fuel Supply Concerns

Bold News Digital Mar 20, 2026

New Delhi — In a decisive move to strengthen energy security, the government has directed all stakeholders in the petroleum and natural gas sector to submit detailed operational data on a real time basis, invoking provisions under the…

BIz & Economy

Rupee Slides Past 93 Mark for First Time, Opens Weaker Against US Dollar

Bold News Digital Mar 20, 2026

Mumbai, Mar 20 — The Indian rupee weakened further on Friday, slipping to an all-time intra-day low and crossing the 93 mark against the US dollar for the first time in early trading. The currency opened lower at the interbank foreign…

Gold, Silver Extend Decline as Inflation Pressures Persist

Bold News Digital Mar 20, 2026

Mumbai — Precious metals witnessed a steep decline on Thursday, extending their losing streak as rising oil prices stoked inflation concerns and the US Federal Reserve maintained its current interest rate stance. On the New York Commodity…

BIz & Economy

Govt Tags Energy Data as National Security Issue, Mandates Sharing Across Oil and Gas Sector

Bold News Digital Mar 19, 2026

New Delhi, Mar 19: The Centre has designated energy data as a matter of national security, making it mandatory for all entities across the oil and gas value chain to share detailed operational information with authorities. Under the…

BIz & Economy

Silver Futures Drop ₹9,031 to ₹2.39 Lakh/kg Amid Oil Rally and Fed Signals

Bold News Digital Mar 19, 2026

New Delhi, Mar 19: Silver futures witnessed a steep fall on Thursday, dropping by ₹9,031 to ₹2.39 lakh per kilogram, marking the seventh consecutive session of losses. Weak investor sentiment, driven by rising crude oil prices and a…

BIz & Economy

Anil Ambani Questioned by CBI in Alleged Bank Fraud Case

Bold News Digital Mar 19, 2026

New Delhi, Mar 19: The Central Bureau of Investigation (CBI) on Thursday questioned industrialist Anil Ambani in connection with a case linked to Reliance Communications Ltd. (RCOM), following a complaint filed by the State Bank of India,…

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