Latest News, Updates & Breaking Headlines
Private sector lender Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore for the quarter ended September 2025, down from Rs 6,917.57 crore in the same period last year and Rs 5,806.14 crore in the preceding quarter.The bank’s net interest income (NII) rose marginally by 1…
Reserve Bank of India Governor Sanjay Malhotra indicated that policy space exists for a further rate cut, but the timing needs to be right to ensure the move has the desired impact, according to minutes of the Monetary Policy Committee (MPC) meeting released on Wednesday.Malhotra, along with five other MPC members, voted to maintain the…
Silver rate today: Silver prices retreated sharply on Wednesday, dropping Rs 3,000 to close at Rs 1,82,000 per kg (inclusive of all taxes) after surging Rs 6,000 to a record Rs 1,85,000 per kg on Tuesday. In the overseas market, spot silver was trading 2.81 per cent higher at $52.84 per ounce, down from a…
India’s merchandise exports in September 2025 rose 6.75 per cent to $36.38 billion from $34.08 billion a year earlier, while imports jumped 16.7 per cent to $68.53 billion, according to data released by the ministry of Commerce and Industry on Wednesday. The surge in imports, led by gold, silver, fertilisers, and electronics, pushed the merchandise…
India’s vegetable oil imports rose sharply by 51% in September to 16.39 lakh tonnes, boosted by higher crude palm oil (CPO) shipments, even as refined oil imports fell to zero for the first time since 2021, the Solvent Extractors’ Association of India (SEA) said on Wednesday.Total vegetable oil imports — including both edible and non-edible…
NEW DELHI: Government sources on Wednesday said that discussions between India and the United States on trade issues are “deeper and ongoing,” with both sides working towards finding a “win-win solution.“According to government sources quoted by ANI, engagement between India and the United States is continuing at multiple levels, with constructive discussions taking place.“The ambassador-designate…
India’s job market is experiencing a robust upswing, driven by sectors such as e-commerce, logistics, retail, automotive, FMCG, and electric vehicles. This growth is increasingly reaching Tier-II cities, indicating a broader geographical spread of employment opportunities, according to the latest Employment Outlook Report by TeamLease Services for the second half of fiscal year 2025-26.The report,…
Gold’s price trajectory shows remarkable momentum, with a nearly 50% increase this year and breaking the $4,000 per ounce threshold. Analysis suggests potential growth of 150% by 2028 at the current rate, according to reports.Ed Yardeni, who leads Yardeni Research, maintains a strongly positive outlook on gold, as per Economic Times citing his report. His…
Tarun Garg (File photo; credit- Hyundai website) Hyundai Motor India announced on Wednesday the appointment of Tarun Garg as its new chief executive officer, establishing a historic milestone as the first Indian to lead the company’s operations in the country. The announcement was made alongside the disclosure of a $5 billion investment strategy for enhancing…
Bitcoin moved up to $112,493 following a brief fall under $110,000 on Wednesday, indicating careful market behaviour. Ethereum was trading at approximately $4,119, showing a 0.59% increase.At 10.26 am IST, Ethereum registered a 0.59% gain at $4,118. Several prominent cryptocurrencies including BNB, XRP, Dogecoin, Tron, Cardano, and Hyperliquid declined by over 3%, while Solana increased…
