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Gold prices surged to record highs in domestic and global markets on Monday, driven by safe-haven demand amid the ongoing US government shutdown and expectations of further Federal Reserve rate cuts.On the Multi Commodity Exchange (MCX), December gold futures jumped Rs 1,447, or 1.22%, to a lifetime high of Rs 1,19,560 per 10 grams. The…
Russia remained the main supplier, delivering about 1.6 million bpd, constituting 34 per cent of total imports. (AI image) Donald Trump-led US government may be pressurising India to curb its crude oil trade with Russia, but Russian oil continues to form the biggest share in India’s crude import basket.India’s imports of Russian crude oil showed…
Eli Lilly to inject $1 billion in new contract manufacturing facilities in India; to set up new manufacturing & quality hub in Hyderabad HYDERABAD: Eli Lilly and Company will be investing over $1 billion over the next few years in setting up new contract manufacturing facilities in India and will also set up a new…
October is shaping up to be one of the busiest festive months of 2025, with major celebrations such as Diwali and Chhath Puja lined up across India. As a result, banks will remain closed on several days this month, as per the Reserve Bank of India (RBI) holiday calendar.According to the RBI calendar, several public…
Gold prices are extending their impressive rally, briefly breaching the $3,900 mark for the first time. (AI image) Gold price prediction today: Gold prices are expected to maintain their bullish streak in the coming days with any dips offering an opportunity to buy, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services…
Stock market today: Indian equity benchmarks traded in green on Monday, supported by strong buying in banking and IT stocks. BSE Sensex climbed 200.80 points (0.25%) to 81,407.97, while the NSE Nifty 50 advanced 62.20 points (0.25%) to 24,956.45.Earlier at 9:37 am, the Sensex was up 94.83 points at 81,302.00, and the Nifty gained 28.85…
Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…
NEW DELHI: Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement today in Brussels to iron out differences on issues for early conclusion of the negotiations, an official said.This will be the 14th round of negotiations between the two sides. Commerce…
NEW DELHI: Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore and taking year-to-date outflow to Rs 1.58 lakh crore. This marks the third consecutive month of withdrawals, following heavy outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, data obtained from depositories showed….
BENGALURU: India’s IT services sector is unlikely to post strong results for the September 2025 quarter. While Q2 is typically the best-performing quarter, Investec expects divergent results across companies as macroeconomic uncertainty, tariff risks, and client caution continue to affect discretionary spending. Both brokerages – Kotak Institutional Equities and Motilal Oswal Financial Services – expect…
