Gold price on Dhanteras: 60% return in 2025, 13% in 2026 – what’s the outlook for yellow metal for the next year?

What do historical returns on gold suggest and what’s the outlook for the next Samvat? Gold and silver have entered the Diwali 2026 season after an extraordinary 10 months, and this journey has been significantly more volatile than 2025.Buying gold on Dhanteras is considered auspicious in many traditions. But the festive season comes at a…

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SUVs drive up M&M Q2 net profit by 25%

NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39%…

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Adani Ports to buy storage operator Evos for $2.9bn

NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of $2.9bn, marking a major expansion of its international operations and giving it a significant presence in Europe’s liquid storage and energy infrastructure market.The proposed all-cash transaction values Evos…

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Mistry questions Noel’s eligibility for Bai Hirabai trust

MUMBAI: Mehli Mistry, former trustee of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, has contested Noel Tata’s qualification to sit on the same board under the trust’s century-old deed, raising questions about his faith, citizenship and residence.In a rejoinder filed before the Maharashtra Charity Commissioner on Thursday, Mistry sought directions requiring Noel to file…

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