Diwali 2025 bank holidays: As the festive week of Diwali approaches, several states will see a string of bank holidays. However, banks will not remain closed nationwide for three consecutive days, with most closures being state-specific based on regional festivals. Are banks closed for Dhanteras 2025? This Saturday, October 18, banks across India will remain…
US President Donald Trump on Friday signed an order that provides relief for American carmakers while introducing a 25% tariff on truck parts.The White House said the order extends an arrangement allowing companies to reduce tariffs on imported vehicle parts. At the same time, it imposes a 25% tariff on medium and heavy-duty trucks and…
Facing record prices, most middle-class households are expected to stick to the custom of shagun (auspicious) buying. (AI image) Gold buying on Dhanteras 2025: It’s Dhanteras today and many people opt to buy gold for auspicious reasons. What should your gold buying strategy be and what are the top factors to keep in mind? Jateen…
China has agreed to hold a fresh round of trade talks with the US “as soon as possible,” as both economic giants aim to avoid another cycle of damaging tariffs. The decision followed a video call between Beijing’s chief negotiator, Vice Premier He Lifeng, and US treasury secretary Scott Bessent. State news agency Xinhua, on…
Mumbai: The sharp rise in prices of gold in the last couple of years has barely dented enthusiasm among buyers of the yellow metal during the ongoing festive season. Across India, in the run up to Dhanteras, while the average size of each transaction of the yellow metal has come down, the rise in prices…
In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…
NEW DELHI: ACME Solar Holdings Ltd through its SPV has signed a 25-year power purchase agreement (PPA) with Tata Power Co Ltd for its 50 MW firm and dispatchable renewable energy (FDRE) project.The PPA has been signed at a tariff of Rs 4.43 per unit for a minimum annual Capacity Utilisation Factor (CUF) of 40%…
NEW DELHI: IndiGo has placed a firm order for 30 more Airbus A350 aircraft, doubling its order for this wide body aircraft from 30 to 60. The airline had announced its intention to do so at IATA AGM in Delhi this June. It has signed an agreement with Rolls-Royce to equip its A350 fleet with…
Gold prices slipped on Friday after hitting record highs above $4,300 an ounce, pressured by a stronger dollar and US President Donald Trump’s comments that his threatened high tariffs on China would not be “sustainable.”“It’s not sustainable. But that’s what the number is, it’s probably not, you know, it could stand, but they forced me…
Gold prices surged: Gold prices soared by Rs 3,200 to a record Rs 1,34,800 per 10 grams in Delhi on Friday, driven by strong festive buying and global safe-haven demand, according to the All India Sarafa Association. The previous session had seen the metal of 99.9 per cent purity close at Rs 1,31,600 per 10…
