Gold prices hit record $4,000 in NY: Safe-haven demand rises amid US government shutdown; silver also hits 60% gain

AI image used for representative purposes Gold futures have exceeded $4,000 per troy ounce in an unprecedented surge, as investors seek secure financial holdings amid the ongoing US government shutdown.Gold futures in New York surpassed $4,000 on Tuesday morning, establishing a new record, as reported by Associated Press. The New York spot gold had previously…

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More Indians travel solo this festive season, Atlys data shows

BENGALURU: Indian travellers are redefining the festive season, with solo trips and millennials leading the way. Visa platform Atlys said it processed around 15,000 visa applications for the travels in the month of October 2025, with 71.5% meant for solo travellers, signalling a shift from India’s family-centric holiday traditions. Millennials made up 53.5% of applicants,…

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India, Brazil push for trade boost: Preferential trade agreement talks focus on market access; pharma and banking collaboration in focus

India and Brazil engaged in talks regarding the expansion of a preferential trade agreement, addressing market accessibility and potential collaboration in pharmaceutical and banking domains, according to an official statement, released on Tuesday, quoted by PTI.The India-Brazil Trade Monitoring Mechanism (TMM) meeting, held locally, facilitated these discussions. The agenda encompassed bilateral trade and investment relationships,…

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Payday might get brighter next year! India to see 9% salary hike in 2026, finds survey; real estate, NBFCs to lead surge

India is projected to witness a 9 per cent salary increase in 2026, reflecting sustained economic resilience driven by stable consumption, investments, and supportive policy measures, according to Aon’s Annual Salary Increase and Turnover Survey 2025–26 India, released on Tuesday.The anticipated rise marks a marginal uptick from the 8.9 per cent hike recorded in 2025,…

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‘$3 trillion gold idle in India’: Zerodha CEO Nithin Kamath talks on untapped financing prospect; Nifty 500 and gold returns compared

Nithin Kamath (File photo) Nithin Kamath, co-founder and CEO of Zerodha, talked about the persisting the gap between Indian households’ gold wealth and the equity funding needs of Indian businesses. According to World Gold Council data, Indian households hold gold worth approximately $3 trillion, much of which remains idle in storage, offering minimal contribution to…

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US stocks hold near record highs: S&P 500 and Nasdaq edge up; focus shifts to Fed rate cut hopes

Stock markets in the US displayed minimal movement near their peak levels during the early trading session on Wall Street on Tuesday. The S&P 500 edged up 0.1%, following its recent record high and seven consecutive days of gains. The Dow Jones Industrial Average advanced 90 points, while the Nasdaq composite increased by 0.1%. Overseas…

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‘Ongoing continuously’: India-US in contact at various levels for trade deal; FTA talks also on with EU

Piyush Goyal talked about India-US trade talks progress NEW DELHI: Union Commerce and Industry Minister Piyush Goyal indicated on Tuesday that the government is maintaining contact with the United States at various levels concerning the proposed Bilateral Trade Agreement (BTA), suggesting potential progress towards the agreement.The minister, however, avoided specifying any timeline for completing the…

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Shopping for Diwali? 5 credit cards offering best cashback, rewards and discounts in festive season; which one is for you

Missed the big online sales for your favourite festive buys? Don’t worry, the offers haven’t ended yet!Experts expect another wave of discounts, cashbacks, and easy EMI options as the festival of lights draws closer.September to November is the busiest time for India’s leading e-commerce platforms. Online marketplaces aim to grab maximum attention, while banks compete…

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Payment revolution! Facial recognition, fingerprints to soon authenticate UPI payments, Aadhaar biometric data to be used: Report

The verification process will utilise biometric information through Aadhar identification system. (AI image) Facial recognition and fingerprint authentication – these are the two new features that may be launched for payments made through the Unified Payments Interface (UPI), according to a Reuters report.The National Payments Corporation of India, UPI’s operator, intends to display this biometric…

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Tata Capital IPO: GMP crashes to just 3% – why is grey market premium down despite favourable brokerages outlook?

Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…

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