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Gems trade slump: Exports fall 31% in October; bullion volatility, early US stocking hit demand

India’s gems and jewellery exports fell sharply in October, sliding 30.57% to $2.17 billion (Rs 19,172.89 crore) compared to the same month last year, according to data released by the Gems and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports in October 2024 had stood at $3.12 billion (Rs 26,237.1 crore).GJEPC chairman Kirit Bhansali said the…

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India second largest importer of Russian crude oil in October; China ranks first – when will impact of Trump’s sanctions be seen?

India has stood its ground, continuing buying crude from Russia, despite repeated objections from US President Donald TrumpIn October, crude oil worth $2.5 billion flowed into the country from Moscow, making it the world’s second-largest buyer. India was second only to China, which purchased $3.7 billion, according to the Helsinki-based Centre for Research on Energy…

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Retail inflation at record low! October CPI inflation drops to 0.25%; well below RBI’s target range

The All India Consumer Food Price Index (CFPI) saw a year-on-year inflation rate of -5.02% (Provisional) for October 2025 versus October 2024. (AI image) October retail inflation FY 2025-26: The Consumer Price Index (CPI) inflation for the month of October dropped to a 10-year low of 0.25% according to government data. This is a reduction…

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Mutual fund trends: Net equity inflows drop 19% to Rs 24,690 crore in October; SIPs, gold ETFs continue to shine

Net inflows into mutual fund equity schemes slipped nearly 19% month-on-month to Rs 24,690 crore in October, marking the third consecutive monthly decline even as retail SIP investments and gold ETFs remained resilient, data from the Association of Mutual Funds in India (Amfi) showed on Tuesday.Amfi attributed the decline in equity inflows largely to profit-booking…

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US layoffs reach 20-year high in October: 10 companies that cut thousands of jobs

American companies announced 153,074 job cuts in October 2025, marking the highest total for the month in over two decades and signaling deepening concerns about the labor market as artificial intelligence reshapes industries and cost-cutting accelerates across sectors.The October figure represents a staggering 183% surge from September’s 54,064 cuts and a 175% increase compared to…

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China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

China saw a mild increase in consumer prices in October, breaking a stretch of stagnation and decline as the world’s second-largest economy continues to fight a series of economic setbacks. Official figures released on Sunday by the National Bureau of Statistics (NBS) show that the consumer price index (CPI) edged up 0.2% year-on-year last month….

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US job market: Layoffs spiked in October; report says highest for the month in 22 years

rThe wave of layoffs sweeping across the United States intensified in October, with more than 153,000 positions eliminated, the highest total for the month in 22 years, according to Challenger, Gray & Christmas.The consultancy, cited by CBS News, reported that employers have now disclosed almost 1.1 million job cuts since January. No year has seen…

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