Gold prices slipped in the domestic derivatives market on Friday, mirroring the softer trend overseas as traders reacted to easing expectations of a near-term US Federal Reserve rate cut.Gold contracts on the Multi Commodity Exchange (MCX) opened weak and stayed under pressure through the session. The December futures dropped by Rs 345, or 0.27%, settling…
China’s consumer spending lost further momentum in October, with official figures showing the weakest pace of retail growth in more than a year.The numbers, released on Friday highlight the difficulty authorities are facing as they try to lift confidence among households still reluctant to spend.According to the National Bureau of Statistics (NBS), retail sales were…
Wholesale inflation slid further into the negative zone in October, with the Wholesale Price Index (WPI) falling to (-)1.21%, as prices of food items, fuel and several manufactured goods continued to ease, latest government data showed on Friday.WPI inflation had stood at 0.13% in September and 2.75% a year earlier, according to PTI.According to the…
Commerce and industry minister Piyush Goyal on Friday outlined India’s ongoing plan to expand its free trade agreement network, saying that discussions are underway with the US, the European Union, New Zealand, Oman, Peru and Chile.Speaking at the CII Partnership Summit 2025, Goyal also highlighted the scope for infrastructure collaboration, stating that the India Trade…
South Korea and the US have reached an agreement, covering areas such as nuclear power, tariff concerns, AI and more.South Korean President Lee Jae Myung on Friday announced that the two nations have finalised a joint face sheet agreement on trade and security issues. The deal with bring down US import duties on South Korean…
Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate’s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…
Mahindra & Mahindra has deepened its presence in India’s financial sector by partnering with Canada’s Manulife to enter the life insurance business through a new 50:50 joint venture. The two companies have signed an agreement to establish a life insurer in India, subject to regulatory approvals, with each holding an equal stake and a capital…
NEW DELHI: Singapore Airlines (SIA) has seen its profit for the first half this year fall 68 per cent “notably” due to losses of Air India and some other factors. Owned 25.1 per cent by SIA and the rest by Tata Group, Air India group had lost Rs 9,568.4 crore in FY 2025. SIA said…
Gold’s intraday technical setup points toward short-term consolidation with a bearish bias. (AI image) Gold price prediction today: Gold prices are showing some bearish bias, and a period of short-term consolidation is likely, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX…
MUMBAI: With foreign funds slowing down their investments into Indian equities in the last few years, their aggregate holding in Indian companies has come down to 16.9%, the lowest level seen in over 15 years. In contrast, at 10.9% holding, domestic mutual funds (DMFs) are now at a life-high level, a report by NSE said.Researchers…
MUMBAI: Sebi is proposing that companies filing IPO documents should file a summary of the offer with most important points in it. It’s also proposing to do away with the practice of filing an abridged offer document.Sebi is also proposing to include shares pledged by the promoters of an IPO-bound company for lock-in by the…
Asian markets traded in red on Friday as investors reacted to a sharp drop on Wall Street.Hong Kong’s HSI dipped 301 points or 1.11% to 26,771. Nikkei also fell 847 points or 1.65% to reach 50,434 at 8:45 AM IST. Shanghai and Shenzhen also traded in red, falling 0.13% and 1.07%, respectively. In South Korea,…
Indian professionals celebrate upward market trends on a bustling stock exchange trading floor, bathed in bright, energetic light. MUMBAI: In a first, three Indian startups are going public in a week. Many early investors are minting money with IPOs set to become a dominant mode of exit for most of them going ahead — a…
BENGALURU: Bhaskar Bhat, a one-company man, began his career at the Tatas as a member of its watch project in the early 1980s. He eventually secured a coveted seat at the highest table in the group when he was appointed to the board of the Sir Dorabji Tata Trust 42 years later. During that period,…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for November 14, 2025 are CG Power and Industrial Solutions, and Apollo Hospitals Enterprise. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices ended their two-week losing streak and are trading firmly higher this week,…
BENGALURU: Manipal Education and Medical Group India (MEMG) submitted an expression of interest (EoI) to participate in corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of Byju’s.In a statement on Thursday, MEMG India said it sought inclusion in list of prospective resolution applicants and requested access to company’s financial and operational…
MUMBAI: Your next pack of Biscoff cookies will be made in India which also means you will be paying less for them. The Belgian brand from the house of Lotus Bakeries has started local production in India in partnership with Cadbury chocolates and Oreo cookies maker Mondelez as the family run Brussels listed company plans…
. NEW DELHI: Hero MotoCorp on Thursday reported a 23% rise in consolidated net profit to Rs 1,309 crore in Q2, aided by sales growth. Revenue from operations rose to Rs 12,218 crore in Q2 against Rs 10,483 crore in the corresponding period of 2024-25. Source link
The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie Mac, quoted by AP, reported on Thursday that the long-term mortgage rate increased to 6.24 per cent from 6.22 per cent the previous week. A year earlier, the rate stood at 6.78 per…
Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an industry…
