This year, India’s online Diwali shopping was largely powered by non-metro cities, which accounted for nearly three-quarters of all e-commerce orders. Tier 3 cities alone contributed more than half of the total, industry data shows. Logistics intelligence platform ClickPost analysed over 4.25 crore shipments and found that non-metro regions are now the fastest-growing drivers of…
The Reserve Bank of India (RBI) could reduce policy rates once more before the year ends, according to a new report by Goldman Sachs. Recent GST simplifications and easing of domestic regulations suggest that the period of strict fiscal tightening is over, potentially supporting a gradual recovery in credit demand. “We expect an additional policy…
Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top…
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:…
