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India’s foreign exchange reserves fell by $6.93 billion to $695.35 billion during the week ended October 24, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, overall reserves had risen by $4.50 billion to reach $702.28 billion, PTI reported.The RBI data showed that foreign currency assets (FCA),…
The Centre’s fiscal deficit reached 36.5 per cent of the full-year target at the end of the first half of FY26, data released by the Controller General of Accounts (CGA) on Friday showed.During the same period last year, the fiscal deficit had stood lower at 29 per cent of the Budget Estimates (BE) for 2024–25,…
Gen Z are now leading India’s crypto investments!For the first time, Generation Z has surpassed millennials to emerge as top investors in the country’s crypto investment landscape. CoinSwitch’s Q3 2025 report, India’s Crypto Portfolio: How India Invests, released on Thursday, shows that investors aged 18–25 now form 37.6% of the platform’s user base. Millennials (26–35…
Eyewear retailer Lenskart Solutions Ltd’s Rs 7,278-crore initial public offering (IPO) was fully subscribed on the first day of bidding on Friday, drawing strong interest from institutional and retail investors, according to exchange data.As per NSE data till 15:06 hours, the issue received bids for 10.58 crore shares against 9.97 crore shares on offer, translating…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…
After six months of uncertainty, China has resumed shipments of heavy rare earth magnets to India, offering much-needed relief to manufacturers in the electric vehicle, renewable energy and consumer electronics sectors. However, the shipments come with a key condition, the cargo cannot be re-exported to the United States. The supply flow had earlier been halted…
Traders may prefer a buy-on-dips approach above ₹1,20,700 with a stop below ₹1,20,500. (AI image) Gold price prediction today: Gold prices will likely trade in a range with a neutral bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold prices traded in a narrow…
Soybean trade between the US and China is set to resume after months of halted purchases. Beijing had refused to purchase American soybean after the two nations got embroiled in tariff tensions.Now, China has agreed to buy 12 million metric tonnes from the United States in the ongoing season till January. However, this is still…
Gold prices tumbled in domestic futures trade on Friday as investors became cautious amid the Fed’s stance on rate cuts and temporary truce between US and China.On the Multi Commodity Exchange (MCX), gold futures for December delivery dropped by Rs 218, or 0.18%, to Rs 1,21,290 per 10 grams, with 13,223 lots being traded.However, in…
