NEW DELHI: Public sector oil marketing companies (OMCs) on Friday hit back at Congress-led Karnataka govt’s claims that petrol tested by labs authorised by it had found ethanol content exceeding the prescribed 20% limit, and said the findings were not supported by tests conducted under statutory and technical procedures.Karnataka food, civil supplies and legal metrology…
New Delhi: The cost of oil for Indian refiners fell to $94.5 per barrel on Thursday, its lowest level in two months, amid hopes of a resolution to the US-Iran conflict and an exemption for commercial ships transiting the Strait of Hormuz. The Indian basket fell 20.4% in a week, from $118.7 on Oct 30….
NEW DELHI: A dip in gold prices drew shoppers to jewellery stores on Dhanteras on Friday. Carmakers lined up thousands of festive deliveries, while televisions led demand at an electronics retailer.Senco Gold & Diamonds reported sales growth of more than 25% by value, with footfall up 10-12% from last year, CEO Suvankar Sen said.Kalyan Jewellers…
Gains 1,781 points fri even as US market, AI stocks crashMUMBAI: In one of the best weekly gains in recent times, sensex closed over 8.8% up as foreign funds came back to buy Indian stocks, as the US midterm polls raised hopes of policy stability, and also of a diplomatic resolution to the war in…
Wall Street suffered a massive selloff on Thursday (local time), wiping out a whopping $2.5 trillion in market value in a single day amid AI fears. The fall came as investors pulled back from technology stocks amid growing concerns over heavy artificial intelligence spending and the possibility of tighter industry regulation. The Nasdaq suffered its…
MUMBAI: Gold loan defaults have nearly doubled in five months even as outstanding balances tripled over three years, pointing to a rise in stress in a rapidly expanding segment of the lending market. Loans overdue by more than 90 days accounted for 0.3% of the portfolio in Aug 2026, up from 0.2% in March 2026….
From an investment perspective, the recent correction and profit booking provide an opportunity for investors looking to add gold. Gold price prediction today: The recent correction in gold prices is a good time to get in, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He shares his view on buying gold…
Stock market trading on Diwali: When will Dalal Street remain close or open NEW DELHI: Diwali festivities have begun, and investors are wondering when stock markets will remain open and closed for trading. The festival brings with it a series of celebrations, from Dhanteras and Naraka Chaturdashi to Diwali, Govardhan Puja and Bhai Dooj.Amid the…
Gold prices declined sharply in futures trade on Friday amid weak spot demand, with retail rates also falling across major Indian cities.Prices of 24K, 22K and 18K also gold recorded declines.On the Multi Commodity Exchange (MCX), gold contracts for December delivery fell by Rs 2,178, or 1.51 per cent, to Rs 1,41,917 per 10 grams…
Stock market marked its best week since early 2021 Indian stock markets staged a strong recovery ahead of Diwali, with benchmark indices rising for seven consecutive sessions and posting their biggest weekly gains in more than five years. The rally added nearly Rs 29.57 lakh crore to investor wealth, even as a sharp global technology…
