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The government will launch commercial coal mining in Arunachal Pradesh on Monday, ending years of resource underutilisation.“Arunachal Pradesh is set to witness a historic day on October 6, 2025, with the launch of its first commercial coal mine at the Namchik-Namphuk coal block, marking a new chapter of growth, energy security, and local prosperity,” the…
French automaker Renault is planning to reduce about 3,000 jobs through a voluntary redundancy programme for staff in support function; Reuters reported on Saturday citing French newsletter L’Informe. The cost-cutting initiative, named “Arrow,” targets human resources, finance, marketing, and other support services, aiming to lower staff numbers by roughly 15% at its headquarters in Boulogne-Billancourt…
Gold prices are expected to remain volatile in the coming week as investors monitor developments around the US government funding bill, labour market data, and commentary from the Federal Reserve, analysts said. The release of the Federal Open Market Committee (FOMC) minutes on Thursday is also likely to influence bullion market sentiment.“The week ahead is…
India is witnessing a record surge in travel this Diwali, with families blending traditional celebrations with leisure trips, luxury getaways, and spiritual journeys. Online travel platforms report strong growth in both domestic and international bookings, highlighting the country’s festive travel boom.MakeMyTrip co-founder and Group CEO Rajesh Magow said that visiting friends and relatives (VFR) remains…
Indian equity markets this week will be guided by macroeconomic data, global developments, and quarterly results from IT giant TCS, analysts said. Investors will also keep an eye on foreign fund flows, which have continued to show caution.In September, foreign portfolio investors (FPIs) were net sellers, withdrawing Rs 23,885 crore from Indian equities. This pushed…
NEW DELHI: India’s primary stock market is preparing for a hectic week ahead, with at least five initial public offerings (IPOs) collectively valued at more than Rs 28,500 crore expected to hit the market. Tata Capital and LG Electronics India are leading the charge.The standout issue will be Tata Capital’s Rs 15,512 crore IPO, scheduled…
Last week, the combined market value of seven of India’s ten most valuable companies rose by Rs 74,573.63 crore, with HDFC Bank emerging as the top performer.Even during the holiday-shortened trading week, the BSE benchmark surged 780.71 points, or 0.97%, while the Nifty also gained 239.55 points, registering a 0.97% rise.HDFC Bank, Tata Consultancy Services…
India and the European Union (EU) are gearing up for the 14th round of free trade agreement (FTA) negotiations in Brussels on Monday, as both sides aim to smoothen out the differences and finalise the deal by the end of the year.Senior officials from India and the 27-member bloc will hold a five-day round of…
Business groups have raised concerns over US President Donald Trump’s decision to impose a $100,000 fee on H-1B visa applications, warning that the move could hurt the US economy. They also called on the administration to avoid changing the skilled worker program that would add even more burden to companies.In a letter to Donald Trump…
Foreign investors pulled Rs 23,885 crore out of Indian equities in September, pushing total outflows for the year so far to Rs 1.58 lakh crore, according to depository data.This marks the third straight month of net selling, following heavy withdrawals of Rs 34,990 crore in August and Rs 17,700 crore in July.Himanshu Srivastava, principal and…
