Business

File photo: Union minister Piyush Goyal (Picture credit: PTI) Union commerce and industry minister Piyush Goyal on Saturday expressed confidence that India’s exports will maintain a positive growth trajectory in 2025-26 despite global uncertainties, including US-imposed tariffs.Addressing reporters, Goyal said that during the first six months of the current fiscal (April–September 2025-26), India’s goods and…

Investors who bet on gold and silver last Dhanteras and Diwali have seen bonanza returns. (AI image) Dhanteras 2025: Buying gold and silver is traditionally considered auspicious on Dhanteras. The precious metals have been hitting new record highs – with gold rally backed by global uncertainty and diversification away from dollar and the silver bull…

MUMBAI: ICICI Bank’s profit growth slowed in the September quarter as a steep drop in treasury income offset gains from its core banking business. The lender’s standalone net profit rose 5.2% year-on-year to Rs 12,359 crore for the three months ended September 30, 2025.The bank’s underlying performance remained strong, with steady loan growth, higher fee…

MUMBAI: Federal Bank reported a record rise in operational income for the quarter ended Sept 2025, but higher provisions led to a decline in net profit.The bank’s net profit fell 9.5% year-on-year to Rs 955.3 crore from Rs 1,057 crore in the same quarter last year. Total provisions, including tax, rose 35.4% to Rs 689…

As Diwali approaches, many are uncertain whether the festival falls on October 20 or 21 this year. As for stock markets, investors would also like to know definitive dates of the days when trading will not happen. They have a definitive date to note: the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will…

Gold remains a key portfolio asset despite recent surges, and investors may still find opportunities to buy on dips, according to Michael Widmer, head of metals research at Bank of America.“Gold is overbought at the moment, but it is still underinvested,” Widmer told Bloomberg Television. “ETF inflows last month were up 880% year-over-year, and that…

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. Is bank open today on Dhanteras 2025? This Saturday, October 18, banks across India will…

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,…

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…

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…