Business

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…

Swiss food giant Nestlé on Thursday announced that it is planning to eliminate 16,000 jobs worldwide over the next two years, as its new CEO, Philipp Navratil, vowed to accelerate transformation amid slowing growth.“The world is changing, and Nestlé needs to change faster,” Navratil said in a statement. “This includes making hard but necessary decisions…

Gold is also likely to remain a safe-haven asset, supported by concerns over rising and potentially unsustainable debt levels. (AI image) Gold rate today: Gold prices are continuing their record run, with yellow metal rising to Rs 1,28,395 per 10 grams in MCX Gold futures trading. Internationally, gold prices crossed the $4,250 per ounce mark.Gold…

Asian markets edged higher on Thursday as investors weighed escalating tensions in the US-China trade war alongside expectations that the Federal Reserve will continue cutting interest rates this year.The region’s gains follow a broadly positive session on Wall Street and mark a second consecutive day of recovery, as traders focused on softer US economic data…

If you drop one basket with all your eggs, they all break. Spreading eggs across multiple baskets is safer. By Chetan Kukreja – Head of Research, Passive Business, Motilal Oswal Asset Management CompanyDiversification is the cornerstone of investing. It’s one of the key reasons investors invest in mutual funds – each fund holds a mix…

In a significant leap for India’s semiconductor ambitions, the country’s first commercially packaged multi-chip module (MCM) rolled out early Wednesday from Kaynes Semicon’s outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. The shipment, comprising 900 intelligent power modules (IPMs), has been delivered to California-based Alpha & Omega Semiconductor (AOS). A milestone for India…

Given the ongoing geopolitical tensions, inflationary concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. (AI image) Gold and silver price prediction today: Both gold and silver prices are exhibiting strong bullish momentum and investors should look to buy on dips, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional…

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bikaji, Voltas, and Torrent Power. Here’s his view on Nifty, Bank Nifty and the top stock picks for October 16, 2025.Index View: NiftyAfter…

China has filed a complaint against India at WTO over New Delhi’s subsidies for electric vehicles and batteries. The Chinese commerce ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies.These measures unfairly benefit India’s domestic industries and undermine China’s legitimate interests,…

The Indian rupee rallied strongly on Wednesday, surging nearly 1% after Reserve Bank of India went on the offensive following weeks of defending the currency, sparking speculation of a likely policy rethink. RBI likely sold dollars both in the offshore and onshore markets, according to people familiar with the matter who declined to be identified…