The Reserve Bank of India (RBI) could reduce policy rates once more before the year ends, according to a new report by Goldman Sachs. Recent GST simplifications and easing of domestic regulations suggest that the period of strict fiscal tightening is over, potentially supporting a gradual recovery in credit demand. “We expect an additional policy…
Post the Goods and Services Tax (GST) rate cuts effective September 22, prices of 30 out of 54 daily-use items monitored by the government have seen more-than-expected reductions, while others are yet to fully reflect the intended benefits. The government is working with industry players to ensure further retail price drops where needed.As per news…
Mumbai: Reliance Industries, India’s largest company in terms of market value, posted a 16% increase in quarterly profit on Friday, driven by strong performance of its legacy oil-to-chemicals (O2C) business and consumer-facing digital and retail units. Revenue totalled over Rs 2.6 lakh crore, up about 10%.Operating profit, a yardstick for underlying business performance, rose 16%…
Boeing on Friday received green light from the US Federal Aviation Administration (FAA) to increase monthly production of its 737 Max aircraft, following reviews and inspections.The plane maker can now make 42 jets per month, up from the previous limit of 38. The cap had been introduced after a door plug blew off an Alaska…
China and US might be set for of more negotiations as both countries agree to hold a fresh round of trade talks “as soon as possible.” This announcement comes as both economic giants aim to avoid another cycle of damaging tariffs.The decision followed a video call between Beijing’s chief negotiator, Vice Premier He Lifeng, and…
US President Donald Trump on Friday signed an order that provides relief for American carmakers while introducing a 25% tariff on truck parts.The White House said the order extends an arrangement allowing companies to reduce tariffs on imported vehicle parts. At the same time, it imposes a 25% tariff on medium and heavy-duty trucks and…
Facing record prices, most middle-class households are expected to stick to the custom of shagun (auspicious) buying. (AI image) Gold buying on Dhanteras 2025: It’s Dhanteras today and many people opt to buy gold for auspicious reasons. What should your gold buying strategy be and what are the top factors to keep in mind? Jateen…
Gold prices have rallied throughout 2025, rising almost 39% over the past year, weakening the prospects for festive selling. On Friday, just a day before Dhanteras, gold prices soared Rs 3,000 to record a new high at Rs 1,34,800 per 10 grams.Meanwhile, silver, after reaching a peak of Rs 1.76 lakh per kg on Wednesday,…
Diwali 2025 bank holidays: As the festive week of Diwali approaches, several states will see a string of bank holidays. However, banks will not remain closed nationwide for three consecutive days, with most closures being state-specific based on regional festivals. Are banks closed for Dhanteras 2025? This Saturday, October 18, banks across India will remain…
