Thursday, October 23, 2025

Business

Sensex, Nifty extend winning streak for 6th day, led by IT stocks

MUMBAI: Equity benchmark indices continued their upward momentum for the sixth consecutive session on Thursday, supported mainly by strong buying in IT stocks.

SBI General Insurance’s GWP grows 10.7 pc in H1 FY26

NEW DELHI: General insurance company SBI General Insurance on Thursday announced a 10.7 per cent increase in its gross written premium to Rs 7,376 crore for H1 FY26, surpassing the industry growth rate of 7.3 per cent.

China Eastern Airlines resuming direct Delhi-Shanghai flights from Nov 9

NEW DELHI: China Eastern Airlines on Thursday announced the resumption of flights on its India route, and the direct flights between Shanghai and Delhi will start from November 9, in fresh momentum for people-to-people exchanges and economic and trade collaboration between New Delhi and Beijing.

Timeless Trends: Why Heels Will Never Be Out of Fashion

There is just something so attractive about the perfect pair of heels. From elegant stilettos to timeless pumps and style-led block-heeled shoes, here are the timeless go-tos that have helped women strut their stuff through the decades. They are not just a type of shoe, but a statement. They have the magical ability to instantly create an outfit, enhance our posture, and dress up or down depending on the look.

Proud to see SBI receiving global recognition as it advances India's growth story: Piyush Goyal

NEW DELHI: State Bank of India (SBI), the largest public sector lender in the country, on Thursday said it has received two prestigious awards -- World’s Best Consumer Bank 2025 and Best Bank in India 2025 -- from New York-based Global Finance, a feat hailed by Commerce and Industry Minister Piyush Goyal.

New banking laws for nomination facilities for deposit accounts, lockers to kick in from Nov 1

NEW DELHI: The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.

Indian investors earn up to 72 pc returns from global mutual funds

NEW DELHI: Indian investors who explored opportunities beyond domestic equities have seen impressive gains over the past year, with several international mutual funds and fund-of-funds (FoFs) delivering returns as high as 72 per cent.

Gold shines on MCX amid hopes of India–US trade deal; Rupee opens stronger

MUMBAI: Gold prices rose on the Multi Commodity Exchange (MCX) on Thursday morning amid reports that India and the United States may soon sign a trade deal.

Sensex surges 700 points, Nifty reclaims 26,000 as IT stocks lead market rally

MUMBAI: The Indian stock markets opened on a strong note on Thursday, even as global cues remained mixed.

Senior Citizen Health Insurance Scheme India

What happens when a single hospitalisation for pacemaker replacement costs exhaust years of savings of a retired person? Or, how do retired seniors manage medical expenses if a health emergency demands lakhs? As our parents grow older, it brings health complications and financial anxiety.

Piyush Goyal to visit Germany to boost bilateral trade and investment

NEW DELHI: Commerce and Industry Minister Piyush Goyal is slated to visit Germany from October 23, where he will engage with CEOs and industry leaders to boost bilateral trade and investment, an official statement said on Wednesday.

FM Sitharaman highlights surge in Diwali sales to all-time high of Rs 6.05 lakh crore

NEW DELHI: Finance Minister Nirmala Sitharaman on Wednesday highlighted the surge in Diwali sales this year which touched a record Rs 6.05 lakh crore, driven by GST rate cuts and strong demand for ‘swadeshi’ products.

Domestic equity markets gain momentum on back of resilient Q1 GDP data: Report

NEW DELHI: Domestic equity markets went up following robust macroeconomic indicators, as India’s economy expanded by 7.8 per cent year-on-year (YoY) in Q1 FY26, marking the strongest growth in five quarters, a report said on Wednesday.

NCLT orders insolvency proceedings against Bhilai Jaypee Cement over Rs 45 crore default

NEW DELHI: The National Company Law Tribunal (NCLT) has ordered the start of insolvency proceedings against Bhilai Jaypee Cement, a subsidiary of debt-laden Jaiprakash Associates Limited (JAL), for failing to pay dues of Rs 45 crore to a supplier.

Air India’s US-bound flight returns to Mumbai due to technical snag

MUMBAI: An Air India flight scheduled from Mumbai to Newark in the United States had to return after take-off, as the crew identified a suspected technical snag, according to a statement issued by the airline on Wednesday.

FM Sitharaman lauds Justice Pratibha Singh’s appointment as WIPO Advisory Board Chair

NEW DELHI: Finance Minister Nirmala Sitharaman on Wednesday congratulated Pratibha Singh, a Delhi High Court judge, on her appointment as chair of the World Intellectual Property Organisation's (WIPO) Advisory Board of Judges.

Gold likely to open weak after steep global fall; prices may drop to Rs 1.22–Rs 1.23 lakh per 10 gm

MUMBAI: The rush for gold may slow down after Diwali, as the yellow metal is expected to open on a weak note in the domestic market on Wednesday.

Advantages & Benefits of Sports Betting Online

Farmers embrace innovation, clean energy under PM Modi's leadership: Minister

NEW DELHI: Farmers are embracing innovation and clean energy under the visionary leadership of Prime Minister Narendra Modi, Minister of New and Renewable Energy Pralhad Joshi said on Tuesday.

Sensex, Nifty end higher in Muhurat trading session as Samvat 2082 begins

MUMBAI: The Indian stock markets edged higher on Tuesday in the special Muhurat trading session held to mark Diwali 2025 and the beginning of the new Hindu calendar year, Vikram Samvat 2082.

Diwali sales hit record Rs 5.40 lakh crore over GST reforms, robust consumer demand

NEW DELHI: Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the country, industry figures showed on Tuesday, marking the highest-ever festival season turnover in the country's retail and trading history.

67 million citizens visit fuel stations daily: Hardeep Puri

NEW DELHI: Union Petroleum Minister Hardeep Singh Puri on Tuesday said that nearly 67 million citizens visit fuel stations every day -- reflecting the country’s growing energy demand in line with its rapid economic progress.

NSE, BSE to hold Muhurat trading in afternoon for 1st time as Samvat 2082 begins

MUMBAI: For the first time in decades, India’s stock exchanges are changing the timing of one of the market’s most symbolic events -- the Diwali Muhurat Trading.

Growing India-Egypt ties open doors for collaboration in EV, renewables, fintech

NEW DELHI: The strategic dialogue between India and Egypt will enhance bilateral partnership amid “immense potentials” for collaboration in electric vehicles, food security, defence, technology, and start-ups, according to a new report.

Data is the new oil, data centres new refineries: Ashwini Vaishnaw

NEW DELHI: Underlining India’s ambitious digital transformation agenda, Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, on Saturday described data as “the new oil” and data centres as “the new refineries.”

Silver posts biggest intraday correction in MCX history

MUMBAI: Silver futures on the Multi Commodity Exchange (MCX) saw its biggest intraday correction, dropping 16,715 points from the session high to the low, nearly 10 per cent from their peak, before recovering to close with modest gains.

Nifty, Sensex surge over 2 pc this week amid renewed hopes of US-India trade deal

MUMBAI: The Indian equity benchmarks ended the week decisively higher amid short covering from foreign institutional investor (FII) participants and resilient domestic cues.

PCBL Chemical’s Q2 profit falls 50 pc to Rs 61.7 crore

MUMBAI: PCBL Chemical Limited, a part of the RPSG Group, on Friday reported a 50 per cent year-on-year (YoY) to Rs 61.7 crore in the July-September quarter (Q2 FY26), compared to Rs 123 crore in the same period last financial year (Q2 FY25).

India now engages in trade from position of strength: Piyush Goyal

NEW DELHI: Commerce and Industry Minister Piyush Goyal said on Friday that India has undergone a significant shift in recent years and that it now negotiates from a position of strength, reflecting the country’s growing economic confidence and global stature in terms of India’s approach to Free Trade Agreements (FTAs) and other trading arrangements.

India’s rich gold and diamond reserves can drive growth: Vedanta Chairman

NEW DELHI: Vedanta Group Founder and Chairman Anil Agarwal on Friday said that today, nothing can happen without India’s presence.

How Online Platforms Are Breaking Down the Barriers to Trading

Until recently, trading on the financial market was considered the domain of professionals with large amounts of capital. It seemed like a complex and confusing activity that not everyone could engage in. We cannot say that trading has become much easier and that anyone can make money from it today, but it has become significantly more accessible. Today, if you have the time and the desire to learn, you can become a part of the trading world.

A Look to the Future: Can Trading Become an Alternative to a Traditional Career?

We live in times when views on many things are changing dramatically, and outdated ideas are being replaced. We are learning to go beyond the rules and create things that were difficult to imagine a few decades ago. For example, the 21st century has given us completely new perspectives on careers and work, and the pandemic has shown how convenient it is to work remotely. In this article, we will discuss one of the most popular professions today, forex trading, and share important tips for those considering trading as a career.

Ideal gold buying range may be seen at Rs 1.14–1.18 lakh per 10 grams: Report

NEW DELHI: The ideal buying range for gold may be considered between Rs 1,14,000 and Rs 1,18,000 per 10 grams, Religare Broking, in its Diwali 2025 Gold Special Report, has said.

Mcap of India’s listed universe breaches one-year high amid foreign inflows

NEW DELHI: India's listed firms breached a one-year high in market capitalisation as it climbed past Rs 467 lakh crore, fuelled by renewed foreign investor buying and growing expectations of an India–US trade deal.

Sri Lankan PM visits NITI Aayog to witness India’s transformative initiatives

NEW DELHI: Sri Lankan Prime Minister Harini Amarasuriya visited NITI Aayog with a focus on fostering deeper collaboration between the two countries and get insights on India’s transformative initiatives in the sectors of infrastructure, education, tourism, skill development and artificial intelligence, it was announced on Friday.

Markets open lower as investors react to Q2 results; IT stocks drag

MUMBAI: Indian stock markets opened lower on Friday as investors reacted to the second-quarter (Q2) earnings of major companies, including Infosys, Wipro, and Eternal.

Sensex, Nifty extend gains for 2nd day amid strong Q2 earnings momentum

MUMBAI: The Indian stock market extended its winning streak on Thursday, with both Sensex and Nifty closing higher for the second straight session.

FM Sitharaman assures farmers of full support to boost agricultural income

KARNATAKA: Finance Minister Nirmala Sitharaman on Thursday assured farmers of full support to boost agricultural income, as she inaugurated the Farmers Training and Common Facility Centre and a new agro-processing unit here.

Gold, silver to retain demand during Diwali despite price reaching record high: Report

NEW DELHI: Despite gold reaching record levels, cultural demand will sustain gold ownership in India, and silver's function as an industrial input may drive its price over $50 per ounce, a report said on Thursday.

US interested in deepening energy cooperation with India, discussions on: Centre

NEW DELHI: The Central government on Thursday said the US administration has shown interest in deepening energy cooperation with India, and discussions are currently underway between the two nations.

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