The diversification strategy that India adopted after the US imposed a steep 50% tariff on Indian goods, is beginning to yield early gains.With exporters suddenly facing the higher duty, introduced in two phases: 25% from 7 August and doubled to 50% from 25 August, many have turned towards alternative markets across Asia, Europe and the…
Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…
Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering. Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times.While…
Railway minister Ashwini Vaishnaw recently said that two rakes of Vande Bharat sleeper trains will be launched together. Vande Bharat sleeper train: Indian Railways is aiming to launch the first Vande Bharat sleeper train in the coming months, but ahead of its launch the Ministry of Railways has highlighted concerns regarding the quality of furnishings…
Trading on the stock markets will take a pause on November 5, Wednesday, as both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for Guru Nanak Jayanti. The NSE’s and BSE’s official trading calendar listed the holiday under Prakash Gurpurb Sri Guru Nanak Dev. With the closure, there will…
Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at…
Top stocks to buy (AI image) Stock market recommendations:According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today on November 4, 2025 are Prestige, and Sun Pharmaceutical Industries:Prestige – Buy in the range between Rs 1782 & Rs 1783; Stop Loss: Rs 1705; Target: Rs…
MUMBAI: Global private equity giant KKR is looking to expand its presence in several sectors in India including consumer, technology, financial services, infrastructure, healthcare, insurance and real estate. KKR is also bullish on growing its private credit business in the country and is closely tracking the manufacturing space within the global shift towards a ‘China…
HYDERABAD: Vaccine maker Bharat Biotech is foraying into the contract research development and manufacturing organisation (CDRMO) space with the setting up of a new wholly-owned subsidiary, Nucelion Therapeutics Pvt Ltd, that is focused on cell and gene therapies (CGT).Announcing its entry into this high growth CRDMO segment, Bharat Biotech said the new entity will support…
NEW DELHI: An Air India Boeing 777 (VT-AEH) operating a San Francisco (SFO)-Delhi via Kolkata flight Monday with almost 250 people on board safely diverted to Ulaanbaatar, Mongolia, after pilots suspected a snag. AI is working on getting the 228 passengers and 17 crew members home.“AI 174 of Nov 2 made a precautionary landing at…
