Several factors have contributed to the decline in gold prices from their record highs seen in January this year. Is gold losing its shine as a safe haven asset? After its record breaking rising spree in 2025 to early 2026 when it hit record highs, gold prices have been on a downward spiral. In the…
Jio Platforms could become the biggest public offer of India Jio Platforms is expected to make its stock market debut by the end of October, in what could become India’s largest public offering with an estimated issue size of around USD 3.8 billion.The Reliance Industries digital services arm is expected to seek a valuation of…
OPEC+ is closely monitoring developments in the oil market. OPEC+ has agreed to keep its oil production targets unchanged for November, the group said in a statement after a meeting on Sunday, Reuters reported.The decision comes as the group continues to assess the impact of ongoing conflicts in West Asia and disruptions to oil exports…
RBI rate decision, earnings, crude oil & bond yields could be among the key triggers of stock market trends Indian stock markets are set for another potentially volatile week, with a mix of domestic and global factors likely to determine the direction of equities. The Reserve Bank of India’s interest rate decision, the start of…
The latest price hike comes ahead of the peak festive season. NEW DELHI: Consumer durable manufacturers are expecting double-digit sales growth during the festive season despite a 5-8% increase in prices of air-conditioners and other appliances, with premiumisation, replacement demand, easy financing and improving consumer sentiment likely to support demand.The latest price hike, the third…
The deposits in question were made by the medicine shop owner in three savings accounts. (Image for representative purpose in only) Cash deposits made in bank accounts can invite income tax scrutiny if the assessing officer is unable to detect a clear trail and source. In one such case a pharmaceutical and medicines retailer based…
The ITAT Bangalore ordered the deletion of the entire addition of Rs 14,96,500 made under Section 69A. (Image for representative purpose only) When it comes to income and taxation, documents and money trail form an important part of the process. This is particularly important when income from any of your sources is in cash. In…
Nayara Energy raises petrol and Diesel amid West Asia war. NEW DELHI: Oil marketing companies have increased the price of bulk diesel by Rs 14.6 per litre, while private retailer Nayara Energy has raised pump prices of petrol and diesel by Rs 5 and Rs 3 per litre respectively, as elevated crude prices have started…
Power demand hits 269 GW in Sept as hydropower deficit fuels electricity shortages. NEW DELHI: Hydropower generation fell nearly 12% below the projected requirement in the first six months of FY27 due to the El Nino-induced rain deficit, putting greater pressure on coal-fired generation and leading to shortages, especially during non-solar hours, in several parts…
NEW DELHI: The rapid growth in solar and wind power generation, along with rising grid congestion and renewable energy curtailment, has prompted govt to announce a new transmission scheme with the launch of the third phase of the Green Energy Corridor (GEC), which got the Cabinet’s nod on Wednesday.With an outlay of nearly Rs 1.9…
