Diwali 2025 bank holidays: Are banks closed for 3 days this weekend? See state-wise details

Diwali 2025 bank holidays: As the festive week of Diwali approaches, several states will see a string of bank holidays. However, banks will not remain closed nationwide for three consecutive days, with most closures being state-specific based on regional festivals. Is bank open today on Dhanteras 2025? This Saturday, October 18, banks across India will…

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Donald Trump’s 100% tariff on China: Beijing seeks fresh trade talks with US; wants discussions ‘as soon as possible’

China has agreed to hold a fresh round of trade talks with the US “as soon as possible,” as both economic giants aim to avoid another cycle of damaging tariffs.The decision followed a video call between Beijing’s chief negotiator, Vice Premier He Lifeng, and US treasury secretary Scott Bessent. State news agency Xinhua, on Saturday,…

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Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs ‘not sustainable’; Silver also retreats

Gold prices slipped on Friday after hitting record highs above $4,300 an ounce, pressured by a stronger dollar and US President Donald Trump’s comments that his threatened high tariffs on China would not be “sustainable.”“It’s not sustainable. But that’s what the number is, it’s probably not, you know, it could stand, but they forced me…

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Diwali 2025: Gold shines bright! Yellow metal jumps Rs 3,200 to hit record Rs 1,34,800/10 g on festive buying ahead of Dhanteras

Gold prices surged: Gold prices soared by Rs 3,200 to a record Rs 1,34,800 per 10 grams in Delhi on Friday, driven by strong festive buying and global safe-haven demand, according to the All India Sarafa Association. The previous session had seen the metal of 99.9 per cent purity close at Rs 1,31,600 per 10…

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Belgium court clears Mehul Choksi’s extradition: Inside the multi-billion dollar PNB scam – all you need to know

Mehul Choksi (File photo) A court in Antwerp, Belgium, on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, marking a major breakthrough for India in the Rs 13,000-crore Punjab National Bank (PNB) fraud case. Officials said the court upheld the validity of Choksi’s arrest made by Belgian authorities on India’s request earlier this year.“The…

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Gold buying on Dhanteras, Diwali: Should you opt for 9K gold jewellery? Here’s what experts say

The central government introduced hallmarking for 9 carat gold jewellery in July 2025. (AI image) Thinking of buying gold jewellery on Dhanteras and Diwali 2025? With gold prices hitting record highs, buyers who are mindful of their budget may consider 9K gold jewellery.The central government introduced hallmarking for 9K gold jewellery in July 2025, placing…

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Gold price rally impact: India’s gold reserves cross $100 billion for the first time; share in forex reserves highest since 1996-97

The proportion of gold within India’s foreign exchange reserves has seen a significant rise in the last ten years. (AI image) Gold’s record rally has helped India’s gold reserves value cross the $100 billion mark for the first time ever. The Reserve Bank of India‘s (RBI) latest foreign exchange reserves data reveals that India’s gold…

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Megha Engg bags $226M gas sweetening, sulphur recovery facility from Kuwait Oil Co

HYDERABAD: Infrastructure biggie Megha Engineering and Infrastructures Limited (MEIL) has bagged a $ 225.5 million (KWD 69.23 million) project from the Kuwait Oil Company (KOC) for the design, construction, operation, and maintenance of a new gas sweetening and sulphur recovery facility (NGSF) at West Kuwait’s oil fields.This project, which has to be completed in a…

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