Gold prices surged to an all-time high ahead of Diwali and the wedding season, with buyers showing a growing preference for solid bullion such as coins and bars rather than traditional jewellery, traders said on Thursday. The price of gold on MCX touched Rs 1,28,395 per 10 grams during the day.“Gold prices are increasing every…
China on Thursday defended its ongoing purchases of Russian oil, calling them “legitimate” and criticising what it described as “unilateral bullying” by the United States. The remarks come after US President Donald Trump on Wednesday said that PM Modi had assured him New Delhi would stop buying Russian oil and signalled intentions to pressure China…
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…
IT services major Wipro on Thursday reported a marginal increase in its consolidated net profit to Rs 3,246.2 crore for the July-September quarter, up from Rs 3,208.8 crore in the year-ago period, according to a regulatory filing with stock exchanges.Revenue from operations for the quarter rose 1.7 per cent to Rs 22,697.3 crore, compared with…
Shares of luxury giant LVMH had their best day in over two decades on Wednesday, soaring as much as 14% after reporting stronger-than-expected quarterly sales that signalled a possible revival in Chinese demand. The rally added nearly $80 billion to the combined market value of European luxury stocks, according to Reuters report.The world’s largest luxury…
Fruits continued to push up household grocery bills, with inflation averaging 13.2% during the first nine months of 2025, the highest in five years, even as other food items like vegetables and pulses provided some relief. According to an ET analysis, fruit inflation was 5.9% in 2024 and 3.9% in 2023, highlighting the sharp spike…
Silver prices in Chennai crossed the Rs 2 lakh per kilogram mark on Thursday amid surging festive demand and a strong global rally in precious metals.According to data from Goodreturns, quoted by Economic Times, silver stood at Rs 2,06,000 per kg, or Rs 206 per gram, in the city’s physical market, marking a nearly 28%…
The Reserve Bank of India (RBI) on Thursday announced the final redemption price of Rs 12,567 per gram for the Sovereign Gold Bond (SGB) 2017-18 Series III, which is set to mature on October 16, 2025.The tranche, originally issued on October 16, 2017, had been open for subscription between October 9 and 11, 2017. The…
US President Donald Trump claimed that Prime Minister Narendra Modi had given assurance that India would discontinue purchasing oil from Russia. (AI image) India is looking to reduce its Russian oil imports with refiners planning a gradual reduction, according to a Reuters report quoting sources. Russia continues to be India’s largest crude oil supplier. The…
While reacting to US President Donald Trump’s remark, Russian ambassador Denis Alipov said that India’s decisions on oil imports are guided by its “national interests.” Earlier on Wednesday, Trump had said that PM Modi assured him that New Delhi will stop buying oil from Moscow. When asked whether India will continue importing Russian oil, Alipov…
