India’s luxury watch market is set for sustained expansion, with annual growth projected at around 11–12 per cent, driven by the rapid rise in the country’s affluent base and growing wealth among high-net-worth individuals (HNIs), according to a report by SOIC Research.As per news agency ANI, the report stated that India is emerging as one…
The Indian stock market ended in green on Monday, with benchmark indices extending their winning streak for the fourth consecutive day, buoyed by strong quarterly results from major lenders and a rebound in global risk appetite.The BSESensex settled at 84,363.37, rising 411.18 points or 0.49 per cent, while the NSE Nifty50 closed at 25,843.15, up…
The southern cities of Hyderabad, Bengaluru, and Chennai have driven a sharp rise in housing sales, reporting a combined 47% growth during the July-September quarter, even as overall demand across India’s top eight cities remained subdued, according to PropTiger.During the quarter, the three cities sold 38,644 residential units, up from 26,284 in the same period…
India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…
Copper demand in the United States and India is set to outpace China over the next ten years, even as growth slows in the world’s biggest consumer of the metal. While China will continue to lead the market, analysts say that other regions and factors are likely to play a bigger role in shaping global…
China has long criticised the United States for overstepping its boundaries to control foreign companies. Yet this month, Beijing did almost the same thing.To push back against Washington’s trade battle, China is now adopting US-style tactics.The south Asian giant announced a move, similar to the US, under which foreign firms must now get the Chinese…
US President Donald Trump on Monday suggested that he might reduce tariffs on Chinese goods, but only if Beijing agrees “to do things” for the United States. These concessions include buying more US soybeans, halting restrictions on rare earth minerals, and other security concerns. Speaking with reporters aboard Air Force One, he said, “They’re paying…
Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top…
This year, India’s online Diwali shopping was largely powered by non-metro cities, which accounted for nearly three-quarters of all e-commerce orders. Tier 3 cities alone contributed more than half of the total, industry data shows. Logistics intelligence platform ClickPost analysed over 4.25 crore shipments and found that non-metro regions are now the fastest-growing drivers of…
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…
