Economy

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. This marks a 25 per cent

Mumbai: As Diwali approaches, the gold prices have hit a new high amid increasing global uncertainties, including trade tensions and softening macro data, prompting a flight to safety. Last month, gold prices jumped by Rs 20,073 per 10 gram or 18 per cent, triggering a strong sense of FOMO (fear of missing out), as every

New Delhi:  The year-on-year inflation rate for agricultural labourers and rural Labourers stood at -0.07 per cent and 0.31 per cent, respectively, in September, figures released by the Ministry of Labour and Employment showed on Saturday. The All-India Consumer Price Index for agricultural labourers decreased by 0.11 points to 136.23, while the index for rural

New Delhi:  The Federation of Indian Export Organisations (FIEO) on Saturday unveiled Global Tender Services (GTS) — a transformative step aimed at expanding the global footprint of Indian exporters, especially MSMEs. Developed and managed by FIEO, GTS is now live on the Indian Trade Portal, India’s one-stop platform for trade-related intelligence and facilitation. “Launching GTS

Mumbai:  Indian stock markets ended higher on Friday, extending gains for the third straight session ahead of Diwali. Both Sensex and Nifty touched their 52-week highs during the day, supported by buying in financials, autos, and FMCG stocks. At the close, the Sensex stood at 83,952.19, up 484.53 points or 0.58 per cent, while the

New Delhi:  The gold has generated returns of approximately 63 per cent in rupee terms and 53 per cent in dollar terms since last Dhanteras, and a possible rally towards Rs.1.5 lakh per 10 grams is possible by 2026, a report said on Friday. Dovish signals from the U.S. Federal Reserve, ETF inflows, and central

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. This range, the brokerage suggests, could offer a healthy opportunity for accumulation within the broader uptrend. Gold prices in India have jumped nearly 67

Mumbai: India is not just showing potential but is steadily moving towards becoming the world’s third-largest economy, Sandip Patel, Managing Director of IBM India Private Limited has said. Speaking to IANS on the sideline of IBM’s flagship event, ‘Think 2025’, Patel highlighted the country’s leadership in both development and technology. “India has been at the

Mumbai:  After months of selling, foreign investors seem to be regaining confidence in Indian stock markets as the data from NSDL shows that between October 7 and October 14, Foreign Institutional Investors (FIIs) were net buyers in five of the last seven trading sessions, purchasing shares worth over Rs 3,000 crore in the secondary market.

Mumbai:  Indian stock markets opened on a positive note on Wednesday, taking cues from the upbeat global sentiment. The Sensex climbed 243 points, or 0.30 per cent, to trade at 82,273, while the Nifty rose 79 points, or 0.31 per cent, to start the day at 25,225. Commenting on the Nifty’s technical outlook, experts said