Global economy (AI image) The global economy is going through a period of enhanced turmoil with the trade war unleashed by US President Donald Trump. Amidst this uncertainty, International Monetary Fund (IMF) MD Kristalina Georgieva has said that world leaders and central bank governors need to ‘buckle up’.Deepak Ajwani, Editor, Economic Times Online asked IMF…
Mumbai: Renewed optimism about strong corporate results for the July-Sept quarter (Q3FY26), good sales during the ongoing festive season, and a slowing trend in offloading of shares by foreign funds helped sensex rally over 900 points in mid-session Thursday. The index finally settled 862 points up, at 83,468 points—less than 1% from its peak this…
Overall, the intraday technical setup stays distinctly bullish. (AI image) Gold price prediction today: Just ahead of Dhanteras and Diwali, gold prices are likely to continue their upward trend, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold continued its strong upward trajectory through the…
In a remarkable surge ahead of the auspicious occasion of Dhanteras, gold and silver prices have reached unprecedented levels in both domestic and international markets. On Friday, gold December futures on the Multi Commodity Exchange (MCX) soared by Rs 3,000, marking a 2.2% increase to a new all-time high of Rs 1,30,005 per 10 grams….
Spirit Airlines announced on Thursday its decision to furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026, as part of a broader workforce reduction strategy amid ongoing restructuring efforts.The ultra-low-cost carrier, which filed for bankruptcy for the second time in a year this past August, informed…
Gold soared to record levels as renewed concerns over US credit quality and escalating US-China tensions drove investors toward safe-haven assets.Gold surged 1.2 per cent to $4,379.93 per ounce on Friday, heading for its biggest weekly gain since 2008 and extending a rally that began in August. The surge was underpinned by expectations of steep…
MUMBAI: The rupee gained 26 paise to close at 87.82 against the dollar — a month’s high — on Thursday. The domestic currency opened at 87.90, rose to a high of 87.70, and hit an intraday low of 87.93.The local unit has strengthened as strong central bank intervention in the previous session and renewed optimism…
Bengaluru: Infosys and Wipro’s Sept quarter performance reflects a subdued demand environment, ongoing tariff uncertainties, and cautious discretionary spending by clients, with vendor consolidation and cost efficiency continuing as dominant themes.Infosys’ revenue grew 2.2% sequentially and 2.9% year-on-year in constant currency, while Wipro’s revenue increased 0.3% sequentially but declined 2.6% year-on-year.In dollar terms, Infosys posted…
Infosys Q2 results FY 2025-26: India’s second largest IT services firm, Infosys, on Thursday reported a net profit of Rs 7,364 crore during the second quarter of FY26. This is an increase of 13% compared to the previous year. The company’s operational revenue increased by 9%, reaching Rs 44,490 crore.The firm announced an interim dividend…
Silver rate today: Silver prices rebounded sharply on Thursday, rising by Rs 2,000 to trade near their record high at Rs 1,84,000 per kilogram (inclusive of all taxes) in a volatile session, after touching a lifetime high of Rs 1,85,000 per kg on Tuesday.Spot silver was marginally up at $53.05 per ounce, following Tuesday’s record…