Riding on the festive shopping wave, Unified Payments Interface (UPI) transactions soared to an all-time high of Rs 27.28 lakh crore in October, clocking 20.7 billion transactions, according to data from the National Payments Corporation of India (NPCI), reported PTI.This marks a 9.5% month-on-month rise in transaction value from Rs 24.9 lakh crore in September…
Indian stock markets are in a stronger position compared to last year, with the earnings cycle showing signs of bottoming out and growth expected to accelerate, according to a report by Motilal Oswal Financial Services.As per news agency ANI, the brokerage noted that second-quarter (Q2 FY26) earnings have largely met expectations, with the pace of…
Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…
Investors looking to build long-term wealth through Systematic Investment Plans (SIPs) in mid-cap mutual funds should ideally stay invested for a decade, financial experts said, as the probability of earning double-digit returns is the highest over a 10-year horizon.A WhiteOak Capital study, reported ET, found that investors who stayed invested in mid-cap funds through SIPs…
India’s manufacturing sector continued to strengthen in October, building on solid momentum from September. The movement was lifted by improving domestic demand, GST relief measures and increased technology investments that boosted factory activity.According to the latest data released by S&P Global, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October, up…
US treasury secretary Scott Bessent once again criticised China’s rare earth export controls, saying the United States and its allies are now moving at “warp speed” to build independent supply chains and reduce reliance on Beijing.Speaking to CNN, Bessent said that China’s strategy had been in motion for decades and accused the previous US governments…
Berkshire Hathaway is holding on to more cash than ever, highlighting a cautious stance in the equity markets even as the company posts strong quarterly earnings.The conglomerate, led by Warren Buffett, reported that its cash balance has reached $381.7 billion, the highest in the firm’s history. The figure swelled further after the company continued to…
Top stocks to buy (AI image) Stock market recommendations:According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Ashoka Buildcon, and Sobha. Here’s his view on Nifty, Bank Nifty for the week starting November 3, 2025:Nifty View:Nifty spent the week consolidating after an exceptional October…
Gold futures opened the week on a stronger note, helped by safe-haven buying as investors reacted to fresh geopolitical tensions. Reports suggesting that US President Donald Trump may move to restrict exports of advanced artificial intelligence hardware to China lifted sentiment in the bullion market, prompting traders to hedge against potential volatility. On the Multi…
Gold prices fell last week as a stronger dollar, profit booking, easing US-China trade tensions dented safe-haven demand. (AI image) Gold price prediction: Gold prices are likely to be weighed down by global developments in the near –term, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here is his outlook…
