NEW DELHI: The ministry of external affairs on Thursday announced that some of the Indian companies have received licenses for importing rare earth magnets from China. During a weekly press briefing, MEA spokesperson Randhir Jaiswal said, “Some Indian companies have received licenses for importing rare earth magnets from China. We have to look at how…
Adani Power Ltd reported a 12% year-on-year decline in consolidated net profit to Rs 2,906 crore for the September quarter, weighed down by higher expenses. The company had posted a profit of Rs 3,297.52 crore in the corresponding quarter of the previous financial year, it said in a regulatory filing on Thursday.Total income rose slightly…
The shine faded from gold on Thursday after the US Federal Reserve cooled expectations of additional rate cuts in 2025. After recently breaching Rs 1.21 lakh, prices have softened over the past few sessions. On Thursday, MCX December gold futures slipped Rs 1,671 to open at Rs 1,18,995 per 10 grams. With the Fed’s guarded…
HMEL, a joint venture between Lakshmi Mittal and Hindustan Petroleum Corporation Ltd (HPCL), announced on Wednesday that it has suspended imports of Russian crude oil following new Western restrictions on Moscow’s energy trade. In a statement, the Bathinda-based refinery said the suspension would remain in place “pending receipt of any outstanding orders” and cited “new…
NEW DELHI: Vodafone Idea’s shares tumbled 12.4 per cent to Rs 8.21 on the BSE on Thursday after the Supreme Court issued its written order on the company’s adjusted gross revenue (AGR) dues, curbing the extent of relief investors had anticipated. The clarification dented hopes of a broader reprieve for the debt-laden telecom operator.The written…
Asian markets were mixed on Thursday as investors assessed the outcome of US President Donald Trump’s meeting with Chinese President Xi Jinping, alongside cautious signals from the Federal Reserve and the Bank of Japan’s steady policy stance. Trump described his meeting with Xi as “amazing,” announcing tariff reductions on Chinese goods to 47 per cent…
US government shutdown (AI image) The ongoing US government shutdown has created a significant data vacuum, impacting the release of vital federal economic statistics, from employment figures to national GDP measurements.The information gap is set to widen as authorities postpone releasing third-quarter GDP figures for the largest economy globally. Trump’s Nuclear Nightmare Amid Putin ‘Breakup’:…
In the coming week, gold prices are expected to move higher towards the ₹1,25,000 mark. (AI image) Gold and silver price prediction today: Gold and silver prices may start exhibiting some strength in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and…
Trump-Xi meet in South Korea US President Donald Trump hinted at the possibility of a trade deal between US and China as he meets Xi Jinping in South Korea for a high-stakes talks, amid looming tariffs and trade tensions.When asked by a reporter, “Mr President, do you plan to sign a trade deal today?” Trump…
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: ONGC, Graphite India, and SAIL. Here’s his view on Nifty, Bank Nifty and the top stock picks for October 30, 2025.Index View: NiftyNifty…
