Business

Gopichand P Hinduja, the Hinduja Group Chairman, passed away in London on Tuesday according to a PTI report. The business world veteran was 85 years old.Gopichand, a member of the Hinduja family’s second generation, assumed the role of chairman after his older brother Srichand passed away in May 2023.He leaves behind his spouse Sunita, two…

MUMBAI: State Bank of India (SBI) reported a 10% rise in standalone net profit for the quarter ended Sept 2025, aided by a one-time gain from the sale of its stake in Yes Bank and steady loan growth, even as margins remained under pressure. During the quarter the bank’s total business crossed the Rs 100…

Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…

Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering. Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times.While…

Railway minister Ashwini Vaishnaw recently said that two rakes of Vande Bharat sleeper trains will be launched together. Vande Bharat sleeper train: Indian Railways is aiming to launch the first Vande Bharat sleeper train in the coming months, but ahead of its launch the Ministry of Railways has highlighted concerns regarding the quality of furnishings…

The vast wealth lying idle in lockers can be put to productive use through this scheme. Someone with 100 grams of gold can earn up to Rs 25,000 a year on the investment. (AI image) Gold has often been derided as a dead investment that neither gives dividends nor earns income for the investor. But…

Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at…

Chinese goods are set to re-enter Indian markets after nearly four years of stalled clearances triggered by tensions with Beijing.The government is working to quickly process pending applications from local companies seeking to bring in electronics components, footwear, everyday household items, steel products, raw materials and other finished goods. These imports require mandatory certification of…

Mumbai: India Post Payments Bank, a 100% govt-owned entity under the Department of Posts, has signed an MoU with the Employees’ Provident Fund Organisation to provide doorstep digital life certificate services to pensioners under the Employees’ Pension Scheme, 1995.Under the partnership, IPPB will use its network of around 1.65 lakh post offices and over 3…

Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…