Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week. Spot gold ticked 0.1% down to $2,733.39 per ounce by 0225 GMT. Bullion hit a record high of $2,790.15 last week. U.S. gold futures … Read more
Indian shares are set to open higher on Tuesday, after their worst session in a month a day earlier, while traders expect more volatility ahead of the U.S. presidential elections. The Gift Nifty futures were trading at 24,110, as of 07:53 a.m. IST, indicating that the benchmark Nifty 50 will open above Monday's close of … Read more
The National Stock Exchange (NSE) on Monday reported net profit of Rs 3,137 crore on a consolidated basis for the July-September period (Q2 FY25), up by 57 per cent (year-on-year). The net profit margin for Q2 stood at 62 per cent. The leading exchange clocked consolidated total income of Rs 5,023 crores for Q2 FY25, … Read more
Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal inaugurated infrastructure projects worth Rs 187.33 crore on Monday in a big boost to the operations at the Chennai and Kamarajar ports. The minister said these new warehousing, road and rail projects are set to strengthen port infrastructure, streamline trade operations, and advance India’s green … Read more
Indian shares logged their worst session in more than a month on Monday, weighed down by uncertainty around the hotly-contested U.S. presidential election, while volatility spiked to a three-month high. The NSE Nifty 50 fell 1.27% to 23,995.35, while the BSE Sensex lost 1.18% to 78,782.24. Both benchmarks logged their biggest single-day drop since Oct. … Read more
India was re-elected as President of the 120-nation International Solar Alliance (ISA) from 2024 to 2026 on Monday, while France has been elected as Co-President, at the General Assembly held at the iconic Bharat Mandapam here. Addressing a press conference at the 7th General Assembly of the ISA, Union Minister Pralhad Joshi said India's election … Read more
The commerce ministry in its latest data has stated that India's export competitiveness has witnessed healthy gains in multiple sectors — particularly petroleum, gemstones, agrochemicals and sugar — during the last five years, as these segments have increased their share in global trade. The other sectors where the share of India's exports has increased during … Read more
Royal Orchid Hotels is currently trading at Rs. 324.05, up by 1.10 points or 0.34% from its previous closing of Rs. 322.95 on the BSE. The scrip opened at Rs. 311.65 and has touched a high and low of Rs. 327.05 and Rs. 311.65 respectively. So far 4412 shares were traded on the counter. The … Read more
India’s manufacturing sector growth accelerated in October, fuelled by faster increases in total new orders and international sales, leading to the creation of more jobs during the month, according to the HSBC data released on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global, rose from September's eight-month low … Read more
The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday. Artificial intelligence/machine learning (AI/ML) roles showed exceptional growth at 39 per cent … Read more