Business updates

The cost, and the value of intelligence

The biggest AI developments, decoded. 03 June 2026.>

Gold price today: Gold rebounds by ₹1,050, silver jumps ₹1,300 on strong global cues

The price of pure gold (99.9%) increased by ₹1,050 to ₹1,61,450 per 10 grams (including all taxes), according to the All India Sarafa Association.>

Tech Tonic: Reassessing the subscription bundle

An aggressive customer-acquisition phase has seamlessly transitioned into an equally aggressive monetisation stage for streaming apps>

Sensex, Nifty open in the red as US-Iran war rages on, hopes of peace dim

The BSE Sensex opened at 73,878.22, down 389.12 points or 0.52 per cent, while the NSE Nifty 50 slipped 153.45 points.>

India’s factory output grows 4.9% in April

IIP grew 4.9% in April 2026, up from 3.2% in March, suggesting limited disruption to industrial activity from the ongoing conflict in West Asia.>

Manufacturing sector growth hits 3-month high in May

The final PMI print pointed to the strongest improvement in manufacturing sector conditions in three months.>

May GST collections up 3% to ₹1.94 lakh crore

Excluding the exceptional payment received in May 2025, gross GST collections in May 2026 would have registered a growth of about 9%.>

Credits : HTimes

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