Business

Indian companies are exploring potential partnerships with Russian firms to secure better supplies of rare earth magnets and critical minerals, as China continues to tighten its grip on global rare earth exports. Beijing’s increased rare earth export restrictions have continued to hit industries worldwide and in India, as it controls nearly 90% of rare earth…

Gold remains a key portfolio asset despite recent surges, and investors may still find opportunities to buy on dips, according to Michael Widmer, head of metals research at Bank of America.“Gold is overbought at the moment, but it is still underinvested,” Widmer told Bloomberg Television. “ETF inflows last month were up 880% year-over-year, and that…

Gold and silver prices in India softened on Dhanteras, providing some relief to buyers ahead of the festive season. Traditionally seen as an auspicious day to buy precious metals, this year’s Dhanteras comes with gold easing from its recent peaks.Today, 24-karat gold is priced at Rs 13,086 per gram, or Rs 1,30,860 for 10 grams,…

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…

Gold prices have rallied throughout 2025, rising almost 39% over the past year, weakening the prospects for festive selling. On Friday, just a day before Dhanteras, gold prices soared Rs 3,000 to record a new high at Rs 1,34,800 per 10 grams.Meanwhile, silver, after reaching a peak of Rs 1.76 lakh per kg on Wednesday,…

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 Saturday,…

Boeing on Friday received green light from the US Federal Aviation Administration (FAA) to increase monthly production of its 737 Max aircraft, following reviews and inspections.The plane maker can now make 42 jets per month, up from the previous limit of 38. The cap had been introduced after a door plug blew off an Alaska…

Indian pharmaceutical companies are increasingly setting their sights on the Russian market, exploring opportunities to establish production facilities across various regions there. This development was highlighted by Sergey Cheremin, Moscow Government Minister and Head of the Department for External Economic and International Relations, during the “TIME: Russia-India. Mutual Efficiency” forum.Cheremin revealed that productive negotiations are…

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%…