Gold prices eased on Tuesday as traders chose to cash in recent gains, mirroring the softer sentiment in overseas markets. The pullback ended the strong run in bullion seen in the previous session.On the Multi Commodity Exchange, the benchmark contract slipped to Rs 1,30,266 per 10 grams. The February 2026 futures also headed lower, giving…
Bajaj Housing Finance shares tumbled on Tuesday, hitting 52-week low amid buzz of a block deal.The firm’s stock price tumbled 9% to reach Rs 94.90 on the BSE following reports of a large block deal in which the firm’s promoter, Bajaj Finance, is believed to have offloaded 2.35% equity stake, valued at around Rs 1,890…
TOI correspondent from Washington: In the predatory world of American artificial intelligence, where top engineers command salaries in the millions and signing bonuses rival small fortunes, Apple Inc has taken a big bite out of Microsoft and Google. The iPhone giant on Monday announced the hiring of Amar Subramanya, a Bengaluru-educated Google veteran who briefly…
MUMBAI: India’s current account deficit narrowed to $ 12.3 billion, or 1.3% of GDP, in the Sept quarter, improving sharply from $20.8 billion, or 2.2% of GDP, a year earlier. The deficit, however, deteriorated quarter-on-quarter from $2.4 billion, or 0.2% of GDP, recorded in the June quarter. For the first half of FY26, the gap…
Indian rupee declined by 8 paise to end at 89.53 against the US dollar on Monday, weighed down by heightened demand for the dollar and concerns over the widening trade deficit. Forex traders said limited intervention by the central bank and delays in the India–US trade deal have also contributed to the rupee’s ongoing weakness.At…
NEW DELHI: Seeking to ensure that prices of sin goods such as tobacco products and pan masala do not fall after withdrawal of GST compensation cess, finance minister Nirmala Sitharaman on Monday moved two bills that will empower govt to levy excise duty on tobacco and tobacco products, while imposing health and national security cess…
Reserve Bank of India Governor Sanjay Malhotra on Monday unveiled the National Strategy for Financial Inclusion (NSFI) 2025-30, aimed at expanding financial access and usage across India over the next five years. The strategy promotes a holistic, ecosystem-based approach to improve the quality, reach, and consistency of last-mile financial services. Objectives focus on women, households,…
Union Cabinet’s approval of a Rs 7,280 crore rare earth permanent magnet (REPM) scheme has been welcomed by industry executives as a major boost to India’s EV and electronics supply chains. The programme aims to create 6,000 metric tonnes per annum of integrated REPM capacity through five globally bid projects, supported by sales-linked incentives and…
Indian automobile industry showed robust growth in November 2025 as major automakers reported strong sales, driven by steady domestic demand, rising exports, and growing electric vehicle adoption. As the calendar year neared its end, these figures indicated an industry regaining momentum amid improved supply conditions and government-friendly policies, including GST reforms that positively impacted sales.Maruti…
Employees’ Provident Fund Organisation (EPFO) has processed nearly 99 per cent of applications seeking higher contributions to secure increased pensions under the Employees’ Pension Scheme (EPS) 1995, Parliament was informed Monday.Minister of state for labour & employment Shobha Karandlaje, in a written reply to Lok Sabha, said the EPFO has acted to implement directions issued…