After a record-breaking surge in both domestic and global markets, gold and silver prices are likely to see some consolidation and mild correction next week as festive demand tapers off and profit-booking sets in, analysts said.“Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes…
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…
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…
Kolkata’s historic Calcutta Stock Exchange (CSE), one of India’s oldest bourses, is gearing up to celebrate its last Kali Puja and Diwali as a working exchange on October 20. The move comes as the exchange edges closer to a voluntary exit after years of legal battles and regulatory challenges.Trading at the CSE was suspended in…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for the upcoming week are Mahindra & Mahindra (M&M), and Godrej Properties. Here’s his view on Nifty, Bank Nifty for the Diwali week starting October 20, 2025: Diwali week: Nifty…
Cuisine continues to remain at the heart of festivities with Indians ordering more food online as Diwali draws near.Online food delivery platforms like Swiggy and Magicpin have witnessed a huge surge in orders, with even more expected in the coming days. Anshoo Sharma, CEO and Co-founder of Magicpin, told PTI that the platform is preparing…
MUMBAI: Punjab National Bank (PNB) reported a 14.0% year-on-year rise in net profit to Rs 4,904 crore for the second quarter ended September 30, 2025, driven by higher total income and improvements in asset quality. The state-owned lender’s operating profit rose 5.5% to Rs 7,227 crore.Total income grew 5.1% to Rs 36,214 crore, while net…
Poland’s president, Karol Nawrocki, has approved a new law that removes personal income tax for parents raising at least two children.The move is aimed at supporting families, boosting household income, and stimulating the economy. Details of the Bill The bill was presented in August. It removes the income tax obligation for families earning up to…
High gold and silver prices had little effect on festive shopping this Dhanteras, with sales matching last year’s volumes and rising by more than 25% in value.Shoppers across the country flocked to stores to buy coins and lightweight jewellery, driven by hopes that prices will keep climbing. Silver Shines Brighter Than Gold This Dhanteras Amid…
The federal government shutdown in the United States is moving closer to becoming the second longest in history, with no signs of a breakthrough. Some lawmakers have even warned that it could soon surpass the record 35-day shutdown that took place during US President Donald Trump’s first term.The standoff began on October 1. DRONE VISUALS:…
