Latest Business News and Updates: Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani, Gold and Silver Prices – July 29, 2024
The latest business news on July 29, 2024, brings updates on various aspects of the financial world. From bank holidays to stock market highs, gold prices, and upcoming IPOs, there is a lot happening in the business sector.
One of the key highlights is the announcement of August 2024 bank holidays. With banks closed for 13 days this month, customers are advised to check the state-wise list of holidays with their nearest bank branch to avoid any inconvenience.
In other news, the Sensex has hit a record high, with the Nifty rising above 24,900 for the first time. This indicates a positive trend in the stock market, reflecting investor confidence and market optimism.
Gold prices have also seen a rise, driven by US Fed rate-cut hopes and geopolitical risks. Spot gold was up 0.3% at $2,391.80 per ounce, while US gold futures firmed 0.4% to $2,390.50, making it an attractive investment option for those looking to hedge against market uncertainties.
Additionally, Ola Electric Mobility has announced its IPO price band and opening date, set for August 2. Investors interested in subscribing to the issue need to apply in a lot size of 195 equity shares and its multiples thereafter, presenting an opportunity to invest in the future of electric mobility.
On the tech front, Apple’s artificial intelligence features are reportedly facing delays. Despite plans to make Apple Intelligence available to software developers for early testing, there seems to be a setback in the timeline for its release.
Overall, the business landscape is dynamic and ever-evolving, with opportunities and challenges shaping the financial world. Stay tuned for more updates on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani, and everything happening in the world of business.
