China has long criticised the United States for overstepping its boundaries to control foreign companies. Yet this month, Beijing did almost the same thing.To push back against Washington’s trade battle, China is now adopting US-style tactics.The south Asian giant announced a move, similar to the US, under which foreign firms must now get the Chinese…
Supply tightness continues in the market however, premiums in ETFs, physical continue to ease off weighing on domestic exchange prices as well. (AI image) Gold price prediction in Diwali week: Gold prices are likely to trade range-bound in the Diwali week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here…
The Chinese economy dipped to its weakest pace in the year to less than 5%, dragged down by sluggish domestic demand and tensions with the US.According to figures released by the National Bureau of Statistics on Monday, the economy grew 4.8% from July to September, marking the slowest period since the third quarter of 2024….
French luxury group Kering has agreed to sell its beauty division, including the high-end perfume brand Creed, to L’Oreal for $4.6 billion. The move marks a major step for Kering as it looks to tackle its growing debt.Under the agreement announced on Sunday, L’Oreal will also secure 50-year exclusive licences to make and sell beauty…
MUMBAI: The trade agreement between India and the European Free Trade Association (EFTA) will allow Swiss luxury watch brands to offer more competitive pricing in the South Asian country, widening their appeal, said Adrian Bosshard, CEO at Rado which counts India as its biggest market, surpassing top luxury spenders China and the US.The trade pact…
NEW DELHI: While alcoholic liquor for human consumption remains outside the ambit of GST, recent reforms in this taxation have benefitted the industry indirectly. Campari Group (India) MD Shivam Misra has told TOI that several upstream and allied services in the value chain now carry clarified and, in many cases, concessional, rates. “For route-to-market, this…
NEW DELHI: The ongoing trade negotiations between the EU and India, and New Delhi’s openness to deepening economic partnerships, reinforce confidence that there is significant scope for long-term cooperation, a top European Investment Bank (EIB) official has said but called for accelerating approvals and providing a level-playing field for global investors.“Despite the current geopolitical uncertainties…
Silver market crisis 2025: The global silver market is facing its most severe crisis in decades, and for once, the epicenter of the turmoil isn’t just Wall Street or London— Is India to blame?As the country celebrated Diwali, millions of people flocked to buy silver, turning a seasonal ritual into a market-breaking frenzy. For Vipin…
Wall Street week ahead: US stock markets are showing signs of shakiness as investors prepare for a week packed with corporate earnings and delayed inflation data. According to a Reuters report, major companies such as Tesla and Netflix are expected to provide a clearer picture of corporate profits, while the delayed September Consumer Price Index…
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…