Business

Industry leaders indicated that China’s restrictions will impact the import of components. (AI image) India’s manufacturing sector, which saw a booster shot when the government announced sweeping GST rate cuts, now faces an operational crisis with China’s latest rare earth export curbs.China’s export restrictions, now including light rare earth magnet components, are expected to deepen…

Dhanteras shines: India’s jewellery markets sparkled this Dhanteras, as robust festive demand pushed nationwide sales to an estimated Rs 85,000 crore over two days, according to the All India Gem and Jewellery Domestic Council (GJC).“Across India, approximately 50 to 60 tonnes of jewellery were sold over the two days of Dhanteras, amounting to nearly Rs…

The Indian primary market has raised $14 billion through IPOs in CYTD25, down from $19 billion in 2024, Kotak Institutional Equities said in a report.So far, 80 companies have listed this year, compared with 91 in 2024, while offer-for-sale (OFS) deals accounted for $5.2 billion and fresh capital raises totalled $8.5 billion of the roughly…

The department of pension & pensioners’ welfare (DoPPW) will launch its 4th nationwide Digital Life Certificate (DLC) campaign from November 1 to 30, 2025, covering nearly 2,000 districts and sub-divisional headquarters across India. The initiative aims to help pensioners submit their life certificates easily to ensure uninterrupted pension disbursal, reported ET. Digital Life Certificate (Jeevan…

As the festive season of Diwali approaches, banks across India are set to remain closed for multiple days in October 2025. Known as the festival of lights, Diwali is not just a one-day celebration. In many states, it spans several days, with each day holding its own cultural and regional significance.This year, the festive week…

The EPFO is a cornerstone of long-term social security for millions of organised sector workers. Its latest reforms reflect a fine balance between liberal & simplified withdrawal options for various needs with a decent corpus at the time of retirement, enhancing financial security and ease of living. Here’s a look at the key changes recently…

After a record-breaking surge in both domestic and global markets, gold and silver prices are likely to see some consolidation and mild correction next week as festive demand tapers off and profit-booking sets in, analysts said.“Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes…

This year, India’s online Diwali shopping was largely powered by non-metro cities, which accounted for nearly three-quarters of all e-commerce orders. Tier 3 cities alone contributed more than half of the total, industry data shows. Logistics intelligence platform ClickPost analysed over 4.25 crore shipments and found that non-metro regions are now the fastest-growing drivers of…

The Reserve Bank of India (RBI) could reduce policy rates once more before the year ends, according to a new report by Goldman Sachs. Recent GST simplifications and easing of domestic regulations suggest that the period of strict fiscal tightening is over, potentially supporting a gradual recovery in credit demand. “We expect an additional policy…

Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top…