Business

Dhanteras 2025 is turning into a record-breaking festival for Indian retailers, with strong demand across automobiles, electronics, and jewellery.Maruti Suzuki India expects to cross the 50,000-unit mark over the two-day festival, marking its highest-ever Dhanteras sales, said senior executive officer, marketing & sales, Partho Banerjee. “We are expecting around 41,000 deliveries today, with another 10,000…

Mumbai: India’s private banks showed contrasting trends in asset quality in Q2 FY26, with larger lenders maintaining stability while smaller players, particularly those under new leadership, reported setbacks in earnings. IndusInd Bank and Federal Bank, both navigating transitions under new MDs, did not post year-on-year growth in net profits as the chiefs accelerated clean-ups and…

New Delhi: Govt is unlikely to rush ahead with a package to aid exporters hit by Trump’s 50% tariff as it is yet to get a full assessment of the situation. Finance minister Nirmala Sitharaman told reporters she is seeking feedback from textiles and marine exporters, seen to be worst affected even as the impact…

Fugitive diamond merchant Nirav Modi Fugitive diamantaire Nirav Modi, imprisoned in the UK for over six years, told a London court that there are “sensational developments” expected when his extradition case to India reopens next month.The 54-year-old appeared before High Court Judge Simon Tinkler at the Royal Courts of Justice on Friday to present his…

Vande Bharat sleeper trains aim to offer Indian Railways passengers world-class passenger comforts and faster travel experience. The First AC coach will boast of cushioned berths and a plethora of passenger amenities such as bottle holders, ample luggage space, snack tables. (Design concept of First AC coach – source: Kinet Railway Solutions) Source link

HSBC on Friday projected that gold prices could surge to $5,000 an ounce in the first half of 2026, driven by geopolitical risks, economic uncertainty, and a wave of new market participants. As per news agency Reuters, the bank also raised its average gold price forecast for 2025 to $3,455 per ounce from $3,355, while…

Post the Goods and Services Tax (GST) rate cuts effective September 22, prices of 30 out of 54 daily-use items monitored by the government have seen more-than-expected reductions, while others are yet to fully reflect the intended benefits. The government is working with industry players to ensure further retail price drops where needed.As per news…

Gold prices retreated from record highs on Saturday, dropping Rs 2,400 to Rs 1,32,400 per 10 grams in the national capital, even as consumers thronged jewellery stores across India to mark Dhanteras. On Friday, 24-carat gold of 99.9 per cent purity had surged by Rs 3,200 to an all-time high of Rs 1,34,800 per 10…

Poland’s president, Karol Nawrocki, has approved a new law that removes personal income tax for parents raising at least two children.The move is aimed at supporting families, boosting household income, and stimulating the economy. Details of the Bill The bill was presented in August. It removes the income tax obligation for families earning up to…

MUMBAI: Punjab National Bank (PNB) reported a 14.0% year-on-year rise in net profit to Rs 4,904 crore for the second quarter ended September 30, 2025, driven by higher total income and improvements in asset quality. The state-owned lender’s operating profit rose 5.5% to Rs 7,227 crore.Total income grew 5.1% to Rs 36,214 crore, while net…