Wealthy Americans Are Spending. People With Less Are Struggling.
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Source link
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Source link
As India readies for Diwali celebrations, the country’s stock markets are set for one of their most symbolic annual rituals — Muhurat Trading. The one-hour special session, marking the beginning of Samvat 2082, ushering in a new Hindu financial year marked by prosperity and optimism. Auspicious start The NSE and BSE will open their floors…
India’s gold market is gearing up for a strong finish to 2025, as rising global rates, a weakening rupee and seasonal demand combine to push prices higher. Analysts expect domestic gold prices to remain steady for the rest of the year, with the possibility of further gains in early 2026.A recent update by ICICI Bank…
Donald Trump has claimed assurance from PM Narendra Modi that India will stop buying Russian crude oil. Russia maintains its position as one of the world’s primary crude oil producers and exporters. While the Ministry of External Affairs has firmly denied knowledge of a call on this matter between the two leaders, it is important…
MUMBAI: Punjab National Bank (PNB) reported a 14.0% year-on-year rise in net profit to Rs 4,904 crore for the second quarter ended September 30, 2025, driven by higher total income and improvements in asset quality. The state-owned lender’s operating profit rose 5.5% to Rs 7,227 crore.Total income grew 5.1% to Rs 36,214 crore, while net…
Jewellery shopping in India is increasingly moving online, with consumers embracing digital platforms for gold, diamond, and lab-grown diamond purchases. Once dominated by neighbourhood jewellers and in-person sales, the market is seeing growing trust in hallmark certifications, brand assurances, and seamless services, making online purchases more acceptable. Silver Shines Brighter Than Gold This Dhanteras Amid…
High gold and silver prices had little effect on festive shopping this Dhanteras, with sales matching last year’s volumes and rising by more than 25% in value.Shoppers across the country flocked to stores to buy coins and lightweight jewellery, driven by hopes that prices will keep climbing. Silver Shines Brighter Than Gold This Dhanteras Amid…
The federal government shutdown in the United States is moving closer to becoming the second longest in history, with no signs of a breakthrough. Some lawmakers have even warned that it could soon surpass the record 35-day shutdown that took place during US President Donald Trump’s first term.The standoff began on October 1. DRONE VISUALS:…
Silver outshone gold this Dhanteras, with consumer demand for the white metal soaring despite record-high prices. As per news agency PTI, silver coin sales surged 35–40 per cent year-on-year, with overall value more than doubling, even as the All India Gem and Jewellery Domestic Council (GJC) projected a 15 per cent dip in gold volumes…
Dhanteras 2025 is turning into a record-breaking festival for Indian retailers, with strong demand across automobiles, electronics, and jewellery.Maruti Suzuki India expects to cross the 50,000-unit mark over the two-day festival, marking its highest-ever Dhanteras sales, said senior executive officer, marketing & sales, Partho Banerjee. “We are expecting around 41,000 deliveries today, with another 10,000…