BUSINESS
Q1 GDP Growth Driven Strongly by Manufacturing and Services Sectors: Report
Each of the three heads under the services – Trade, Hotels, Transport, and Commerce and Broadcasting Services (8.6 per cent compared to estimated 6 per cent), Financial, Real Estate, and Professional Services (9.5 per cent in Q1FY26 compared to 7.8 per cent in Q4FY25), and Public Administration and Defence (9.8 per cent compared to 8.7 per cent) did well," CareEdge Ratings mentioned in its report.
India and US Restart Trade Talks as Tariff Optimism Grows
The Indian side is being headed by Rajesh Agrawal, Special Secretary in the Department of Commerce.
Sensex, Nifty start on a positive note ahead of India-US trade talks
Up to 9:25 am, Sensex had gained 184 points, or 0.23 per cent, to 81,970, while the Nifty rose 47 points, or 0.19 per cent, to 25,117.
Safe-haven demand drives gold prices to all-time high
The price of 24-carat gold was Rs 10,951 a gram at 10:17 am, according to data announced by the India Bullion and Jewellers Association (IBJA).
11–12% Bank Credit Growth This Fiscal, Driven by Second-Half Momentum: Report
Two-wheelers and passenger cars (PVs), which account for 90% of the domestic automotive industry's volume, are likely to witness demand increasing by around 200 basis points (bps) and 100 bps, respectively.
Indian Stocks Post 14% CAGR Over 20 Years, Investors See 13-Fold Wealth Growth
Gold marginally outpaced equities in the same 20 years, returning a 14.7 per cent CAGR and growing 16 times.
Gold and silver soar to record highs this week amid global uncertainty
IBJA data revealed that 24-carat gold settled at ₹1,09,707 per 10 grams on Friday, a sharp gain of ₹1,670 from Monday's close of ₹1,08,037. The yellow metal has been trading above the ₹1 lakh mark consistently through September, from ₹1,04,075 on September 1.
Ashneer Grover Talks About Life’s Struggles, Legal Challenges, and Financial Losses After BharatPe Controversy
The former fintech CEO opened up on how he managed legal challenges, financial woes, and personal failures. In a conversation with IANS, he provided an unvarnished peek into the lows he experienced during one of the most turbulent times in his professional life.
SEBI Relaxes IPO Shareholding Norms, Offering Relief to Major Companies
As per SEBI’s statement, companies with a market capitalization between Rs 50,000 crore and Rs 1 lakh crore will now be granted additional time to comply with public shareholding requirements.
India’s Forex Reserves Climb $4.5 Billion to $690.61 Billion Driven by Gold Asset Gains
Contrastingly, the reserves in the prior week had fallen by $2.065 billion to $686.064 billion. The reserves had earlier touched an all-time high of $704.885 billion at the end of September 2024.
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