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Prices of some of the silver futures contracts on MCX hit the lower circuit level late on Monday following a sharp sell-off in the white metal in the international markets. After hitting historic highs in the international and domestic markets about two weeks ago, silver has been facing sharp sell-offs and prices in the two…
BENGALURU: The median pay for engineering and data professionals in India fell by 40% to $22,000 in 2025 from $36,000 in 2024, a report by payroll and compliance platform Deel and equity management platform Carta showed. In contrast, median compensation for similar roles in the US rose to $150,000 from $122,000 during the same period….
Peyush Bansal, CEO, Lenskart MUMBAI: Lenskart is looking to build a war chest for AI investments by tapping public markets as the technology is rapidly changing the way people shop, transact and consume. The SoftBank-backed startup is set for a debut on Dalal Street on Nov 10, joining new age peers such as Urban Company…
HSBC Bank books $1.1 billion provision HSBC Bank on Monday disclosed a financial charge of $1.1 billion related to a claim by a European fund tied to the late Bernard Madoff’s investment fraud.The provision will be reflected in the lender’s third-quarter results due Tuesday, the London-headquartered bank said. Following the announcement, HSBC’s shares slipped about…
US stocks hit new peaks (AP) US stocks advanced on Monday, pushing further into record territory ahead of a week filled with major market-moving events—including a Federal Reserve policy decision and a highly anticipated meeting between US President Donald Trump and Chinese leader Xi Jinping.By mid-morning, the S&P 500 was up 0.9%, the Dow Jones…
Adani Energy Solutions Limited (AESL), a key arm of the Adani Group and India’s biggest private player in the power transmission and distribution sector, on Monday posted strong financial and operational results for the quarter and half year ended September 30, 2025.For the first half of FY26, AESL’s total income climbed 16.4% year-on-year to Rs…
NEW DELHI: The National Highways Authority of India (NHAI) has saved over Rs 2,000 crore by taking systemic measures, including timely bid out of contracts, eliminating three-month short-term contracts and doing away with provision that gave ‘windfall’ gain, to reduce what it pays as a charge to private toll collection agencies for carrying out this…
US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) NEW DELHI: India’s oil imports from the US has risen to their highest level since 2022 in October, underlining bargain hunting by Indian refiners rather than a structural shift amid Washington’s onslaught against New Delhi over purchase…
In a move aimed at reviving interest in India’s public debt market, the Securities and Exchange Board of India (Sebi) on Monday proposed allowing debt issuers to offer special incentives to select investor categories, including senior citizens, women, armed forces personnel, and retail subscribers.The proposal seeks to encourage greater retail participation in bond issuances, which…
Silver prices fell sharply on Monday as hopes of a US-China trade deal and a stronger dollar reduced demand for safe-haven metals.On the Multi Commodity Exchange (MCX), silver futures for December delivery dropped by Rs 1,964, or 1.33 per cent, to Rs 1,45,506 per kilogram in a business turnover of 20,367 lots. The white metal…
