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…
Karnataka has sought action against oil marketing companies and compensation for consumers over alleged excess blending. NEW DELHI: The Karnataka government on Friday alleged that petrol supplied by major oil marketing companies (OMCs) in the state contained ethanol well above the prescribed 20% limit, with laboratory tests recording levels of up to 31.2%. It sought…
India welcomes Starlink, Jio and OneWeb, says govt (AP photo) NEW DELHI: India welcomes all players in the satellite communications sector, with consumers ultimately deciding which service they want to choose, govt sources told news agency ANI.“Customer is the king,” an official told ANI, adding that consumers would make their choice based on pricing, value…
Physical gold can involve significant upfront costs. Jewellery making charges can be particularly high. (Image for representative purpose only) Are you planning to buy gold on Dhanteras or Diwali this year? Buying precious metals such as gold and silver is seen to be auspicious during the festive season, but experts caution that investment decisions should…
Pakistan’s external debt doubles Pakistan’s external borrowing has nearly doubled in the last 10 years, reaching $135.1 billion in 2025, with China accounting for the largest share of the country’s outstanding debt among individual creditors.The increase comes as borrowing by developing economies also accelerated, taking the external debt of low- and middle-income countries to a…
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…
What do historical returns on gold suggest and what’s the outlook for the next Samvat? Gold and silver have entered the Diwali 2026 season after an extraordinary 10 months, and this journey has been significantly more volatile than 2025.Buying gold on Dhanteras is considered auspicious in many traditions. But the festive season comes at a…
NEW DELHI: Banks across several states in India will remain closed on multiple days in November 2026 as Diwali celebrations and related regional festivals bring a series of holidays. The closures will be observed on November 9, 10 and 11, depending on the state and the festival being celebrated.Known as the festival of lights, Diwali…
China and Hong Kong stocks fell as a Nasdaq-led tech rout rippled across Asia and fuelled fears the AI boom is losing steam, although bargain hunting helped pare losses in mainland markets buoyed by Beijing’s market-supporting measures. China’s blue-chip CSI300 Index dropped 1.5% by the midday break, but remained on track to snap a 12-week-long…
AI trade faces biggest test yet as chip stocks tumble across Asia Asian stocks suffered brutal sell-offs on Friday, with Taiwan and South Korea taking the biggest hits as investors turned cautious amid AI fears. The plunge came as Wall Street witnessed its worst session in 18 months, wiping out $2.5 trillion in investor wealth…
